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Originally posted by HUGE AL View PostThis got me thinking about how Savage25's FFP's always tank when he joins the program...since he is now out of the USD, does this mean the Americans are in for a nice uptick?Originally posted by phaleesy View PostI think we have to ship Savage25 back to the States or Singapore. I get paid in £ and I am a very unhappy bunny at the moment.HUGE AL
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damned.... juz announced from mgtment... all business class travel to be suspended unless emergency.... all flight to be in Y until further notice.
haizzz... looks like I have to re-schedule my plans for long haul......
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Originally posted by scooby5 View PostAt the moment but i have a feeling it has to devalue itself in the not to distant future just to keep Singapore competitive.
But now I now how the US felt in regards to the Canadian dollar back in November 2007...when for the first time since the 1960s-1970s the CAD was worth more the USD...it peaked at 1 CAD = 1.10 USD.I'm still waiting for my cookie as my first name is Kris
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Madoff - article on VF
http://www.vanityfair.com/politics/f...4/madoff200904
One of the best articles I've read lately...
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Our travel spend for April was just released. Travel expenses down 60% from October 2008, with Hotel spend down 80%. And we're one of BA's biggest corporate customers - no wonder they're hurting.
Originally posted by Savage25 View PostThere is little joy in saying I told you so
I think it will stabilise around 1.60 USD in Q2.
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Get the holidays brochures out again...
...the Pound has crashed back over 1.70 US Dollars.
I can only presume Savage25 is out of the country at this moment.
The pound has continued to gain against the dollar, rising above $1.70 for the first time since October on optimism about the UK economy.
Sterling forged higher on Monday in the wake of strong UK manufacturing data and hopes about the health of the banking sector.
The pound rose as high as $1.7005 on Tuesday before falling back to $1.6930.
It also hovered near a one-month high against the euro of 84.59 pence that it reached on Monday.
The pound got a lift on Monday after data showed the UK manufacturing sector expanded for the first time in more than a year.
Robust results from banking giants Barclays and HSBC also increased confidence in the currency.
The UK economy is viewed as being particularly reliant on the banking sector so evidence of any upturn benefits sterling.
Analysts at French investment firm Calyon said that there was "growing optimism that the UK economy will be able to shake off the shackles of recession faster than many had thought".
While still a long way below the $2 levels seen in July last year, the pound has rebounded 25% from the 23-year low of $1.35 it hit in January this year.
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