- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- VENEZUELA: Growing As Hub For Drug Shipments.
- USA / SOCIAL MEDIA / GUN CULTURE: Santa Leaves Heat As Xmas Treats.
- UKRAINE : 27 April UPDATE: Barbie Doll Looking Model...Defends Appearance.
- ART / HUMOR / SPAIN : 27 August UPDATE: Clever Jokers Post Their 'Restored' Versions Of Famous Images.
- URUGUAY: Foreigners Rush To Buy Farm Land.
- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
- RUSSIA : Miss Russia Defends Pussy Riot Punkers; 4 Detained After Small Moscow Pussy Riot Protest.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
27 December 2011
The ECB set a troubling new deposit record for cash deposits...412bn euros/ $539bn...as nervous banks seem to prefer parking their money with the ECB...than lending it to other banks.
The new total beat the June 2010 record of E384bn.
Many banks seemingly prefer to keep their cash with the ECB...though it only pays a miserly 0.25% interest rate...instead of getting higher returns by buying troubled southern European sovereign debt.
Spain's three-year sovereign debt goes for 3.6%...while Italy's yields 5.7%.