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@the-wordonthestreet
Deal reverses some initial errors but scars remain. With their 11th-hour agreement with Cyprus for a €10bn bailout, eurozone policy makers avoided the worst: a catastrophic implosion of the island’s banking system and a hasty exit from the eurozone.
These are the big names that have come out of SXSW in recent years—what did you see this year that you think will be the next big thing in the Tech? See the full Visual.ly infographic here.
Today’s Wednesday Wisdom is courtesy of Ryan Smith, co-founder and C.E.O. of “Qualtrics”, a provider of online survey research platforms. More of his business advice here, from the New York Times “Corner Office” Series.
Soon, at a Drinking Horn Near You: ’Game of Thrones’ Beer
Brewery Ommegang and HBO have begun rolling out their eagerly awaited Game of Thrones Iron Throne, a blonde ale, in time for the start of the premium cable show’s third season on March 31. The news is certain to thrill a subset of geeks who are obsessed with both beer and wizardry. Something tells me there are more than a few.
Read more at Bloomberg Businessweek
” In economics, the majority is always wrong. “
-John Kenneth Galbraith (via quotedojo)
The British banking giant is making progress in shrinking its consumer loan portfolio in the United States, which has been a drag on its earnings.
Private equity and venture capital firms last year committed $7.9 billion to invest in Latin America, although fund-raising was down significantly as smaller firms raised more than big firms.
Royal Bank of Scotland, which reported a $9 billion loss for 2012, says it plans to sell assets like a stake in the American lender Citizens, as part of an effort to appease regulators and its biggest shareholder, the British government.
This industry is so bored of display, bored of blue links, so excited to create ads that win awards, that really tell stories, that make customers, that people remember, that get people excited, that you can put in your portfolio. There aren’t a lot of AdWords ads or display ads that you can put in a portfolio.
David Karp | Tumblr Draws a Distinction Between its Ads and Those of Google and Facebook (via courtenaybird)
Japan's record trade deficit demonstrated the two-edged nature of a weaker yen for corporate Japan, as higher import prices took an immediate toll on trade figures, while a hoped-for surge in exports still looks some time off.
The widening gap is likely to serve as a reminder to Prime Minister Shinzo Abe, who came to power with a pledge to reverse deflation and the yen's excessive strength, that Japan's economic problems will not simply disappear with a weaker currency.
It seems like the world has had too many interesting things going on lately. If anyone has any interesting articles I would love to read them.
The US Congress is preparing new Iran sanctions legislation that would target the European Central Bank’s system for settling cross-border bank payments.
Time to see the ECB's backbone
Big countries are responding to their own economic downturns by easing monetary policies, but emerging market economies cannot respond with similar effectiveness.
The statement eased fears in Japan, where officials had been under fire from some officials in Europe and the United States who said they were unfairly bringing down the yen’s value.
Let's see how long this lasts. Japan is one of those countries that always manipulates it's exchange rate to accomplish what they believe they need to. This is good news but I'm not convinced .
The business of selling tech businesses had a great 2012, with more mergers, and apparently more private sales of corporate equity, than ever before. It is still not enough to absorb the large number of start-ups valued at $1 billion or more. Sooner or later, they will have to conduct an I.P.O.
More on start-ups and thoughts on the possibility of an impending tech bubble
Over the more than two decades that 10 middle-aged friends from Spokane, Wash., have been locked in a game of Tag, there have been years when almost nothing happened.
But already this week, ‘It’ has changed hands twice.
A fun article to help you forget about some of the stress in your life.
