Banks cast off Eurozone insurance February 4, 2013 THE longer term refinancing operation (LTRO) – the European Central Bank’s (ECB) original miracle drug for the liquidity constraints dogging the Eurozone – has reached a crossroads. The banks that first took the pill now want to prove the dosage should be reduced, or stopped altogether. The hope is that reduced budget deficits, increased competitiveness, [...]
Analyst picks for 5 February 2013 February 4, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long dollar-yen and euro-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days The euro is appreciating rapidly; the European Central Bank is the only major central bank that is reining in its balance sheet. The most noticeable divergence has been [...]
Murray voices his fears over tennis doping February 4, 2013 BRITAIN’S Andy Murray has called on fellow players to sacrifice a portion of their earnings in order to fund more rigorous drug testing in tennis, admitting he does not know whether the sport can be called clean. Murray yesterday passionately argued for more blood testing and the introduction of the biological passport system in order [...]
Number of clubs at risk of financial fair play ban on the rise February 4, 2013 EUROPEAN football chiefs Uefa believe new financial fair play (FFP) rules are encouraging clubs to spend more responsibly, despite their latest figures showing the number of teams at risk of being banned has rocketed. Twenty teams from Europe’s top divisions – including two from England, thought to be Chelsea and Manchester City – recorded losses [...]
English Champions League tie was fixed, say European police February 4, 2013 FOOTBALL authorities reacted with bemusement last night after Europol said a Champions League fixture played in England was among hundreds being probed for suspected match-fixing. Investigators refused to specify which match, only to say that it had taken place in the last four years, but the Football Association said it was “not aware of any [...]
Gallacher has earned second bite of cherry February 4, 2013 SOME players go a whole year without an eagle but Stephen Gallacher holed an incredible five on his way to winning the Dubai Desert Classic, and I’m hopeful this will rekindle his career. The Scot hadn’t won in nine years, since a great victory on home soil at the Dunhill Links Championship at St Andrews, [...]
Hurdle fancy Darlan dies in fall February 4, 2013 HORSE RACING: Darlan, one of the favourites for next month’s Champion Hurdle at Cheltenham, suffered a fatal fall at yesterday’s trials at Doncaster.
Sarries youngster in England call February 4, 2013 RUGBY UNION: Saracens back-row Will Fraser, 23, has been added to England’s squad amid growing fears No8 Ben Morgan is likely to miss Sunday’s Six Nations clash in Ireland.
Gazza checks into rehab in US February 4, 2013 FOOTBALL: Ex-England star Paul Gascoigne is undergoing treatment for alcoholism at a centre in America. The 45-year-old was admitted yesterday amid fresh concerns over his health.
Peugeot aims to top its iconic 205 February 4, 2013 IF YOU are of a certain age you’ll know how revered the Peugeot 205 was. The little motor transformed the supermini segment when it was introduced back in 1983 and went on to become something of an icon. Peugeot is hoping its new 208 model can recapture its success. Unlike its 206 and 207 predecessors [...]
