May 2010 - Daily Pfennig

A free, quick-reading daily e-letter on world currencies, economic trends, and the occasional baseball score.

Daily Pfennig

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  • 110 Billion euros For Greece...

    In This Issue..

    * Aid Package for Greece is approved...
    * Aussie Gov't proposes a 40% mining profit tax!
    * ANZ Commodity Price Index rises 14th consecutive month!
    * Jobs reports this week...

    Good day... And a Marvelous Monday to you! Well... I'm back in the saddle today... It's been a long time, now, I'm coming back home. I've been away now, oh how, I'm coming home! Yes... I'm actually here, at my desk, and I'm not squinting, I'm not closing my eyes, and I'm not in pain! YAHOO! I've decided to go 'patchless' for now at least... More later on what's going on with the removed eye...

    Front and center this morning... Greece accepted the bail out terms from the Eurozone yesterday, and Germany says that Greece should have their funds by Friday... After months of hemming and hawing about whether Greece should receive funds, or whether or not Germany would actually release funds to Greece, it looks as though it's all coming to an end.... For now!...