Guest guest Posted February 20, 2008 Report Share Posted February 20, 2008 Dear friends, The Financial Times (www.ft.com) is today saying the international credit market has shut its doors to the Icelandic banks, which have expanded very fast abroad. This is a serious issue for the banks and the country. The upside is that the banks have funding to continue operating for the remainder of this year, but the lack of further credit crimps there expansion plans and if it is not resolved puts them at risk next year. These developments are seen in the chart for Iceland where the Sa/Me period is operating. - Transit 6th lord Saturn in the 12th house has been afflicting the MEP of the 12th house, the 2nd house, the 6th house and the 9th house. In coming days it will be in opposition with 12th lord Sun now in the 6th house. - transit Rahu in the 6th house is aspecting transit 8th lord Mars in the 10th house. Transit Mars has been afflicting the 2nd lord Venus, but is now moving in on natal 12th lord Sun. These transits and period explain perfectly well and amazingly well, actually, the conditions in Iceland. As Iceland is running the period of 1st lord Mercury in the 9th house, which is strong, the situation should ease once these adverse transits lift. Best wishes, Thor Iceland urged to choose over currency Iceland will be warned on Wednesday that the gradual "euro-isation...President of the Centre for Economic Policy Research, at the Icelandic Chamber of Commerce in Reykjavik."Unilateral euro-isation is feasible and need not limit Iceland's political independence. Because of the exceptionally... Feb 13 2008, By David Ibison in Stockholm, FT.com site WORLD NEWS: Iceland warned against gradual 'euroisation' The gradual "euroisation" of Iceland's economy is "highly problematic and...author of an independent report on the Icelandic economy, said that unilateral euroisation was feasible and need not limit Iceland's political independence. "Because... Feb 14 2008, By David Ibison in Stockholm, Financial Times LETTERS TO THE EDITOR: Military may be tempted to revive an old dream ....inappropriate uses of military force - for example against "climate refugees" - and military technology, for example for the old dream of climate modification.Alyson Bailes,Dept of Political Science,University of Iceland,IS-101 Reykjavik, Iceland Feb 19 2008, Financial Times MARKETS & INVESTING: Silver lining emerges from gloom of credit crisis ....Sachs - are paying up with some very high spreads, according to people in the market.Many single-A rated banks such as those in Iceland, UK building societies, Italian regional banks and some Irish banks, cannot attract funds at any price."There has been a shift... Feb 19 2008, By Paul J Davies, Financial Times MARKETS & INVESTING: Moody's blows hot and cold on Iceland Iceland's triple-A rating from Moody's Investors Service is "at...since October 2002, and drew attention to the health of Iceland's public finances, stating the government "would likely...The mixed message captures the uncertainty surrounding Iceland. Its economy has been overheating but is poised to correct... Jan 29 2008, By David Ibison in Stockholm, Financial Times MARKETS & INVESTING: Moody's blows hot and cold over Iceland Iceland's triple-A rating from Moody's Investors Service is "at...since October 2002, and drew attention to the health of Iceland's public finances, stating the government "would likely...The mixed message captures the uncertainty surrounding Iceland. Its economy has been overheating but is poised to correct... Jan 29 2008, By David Ibison in Stockholm, Financial Times COMPANIES - INTERNATIONAL - NEWS DIGEST: Iceland's banks cool amid turmoil Iceland's banks are feeling the heat from the turmoil in global...Service, the credit rating agency, this week warned that Iceland's treble-A rating was "at a crossroads" due to the alleged...country.The uncertainty has created huge movements for Iceland's banks in the credit default swap markets, pushing up... Jan 30 2008, By David Ibison, Financial Times FT REPORT - FUND MANAGEMENT: The burden of DB scheme indexation ....defined contribution schemes become more apparent.Denmark, Iceland and the Netherlands are held up as examples of countries with...Unfortunately, the DC pooled risk plans adopted in Denmark and Iceland could not easily be copied, the OECD says. They emerged in... Feb 18 2008, By Pauline Skypala, Financial Times Silver lining emerges from credit crisis ....Sachs - are paying up with some very high spreads, according to people in the market.Many single-A rated banks such as those in Iceland, UK building societies, Italian regional banks and some Irish banks, cannot attract funds at any price."There has been a shift... Feb 18 2008, FT.com site FT REPORT - FUND MANAGEMENT: Technological arms race benefits the innovative ....heat that data centres generate, says Ms Tenneti. These range from Microsoft and looking at setting up a data centre in Iceland to take advantage of the availability of the geothermal energy to companies looking at building facilities in Siberia where... Feb 18 2008, By Mike Scott, Financial Times Be a better friend, newshound, and know-it-all with Mobile. Try it now. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 14, 2008 Report Share Posted March 14, 2008 Dear friends, Following up on this story, the banks are not the lead story right now as the local currency, the ISK has grabbed the headlines by literally plunging in recent days. 1. transit stationary Rahu in 6th house continues to exactly afflict natal 2nd lord Sun in 10th house 2. transit 8th lord Mars is now exactly conjunct 10th house MEP and aspecting H1, H4 and H5. 3. transit 6th lord Saturn is now exactly conjunct 12th house MEP and aspecting H2, H6 and H9 4. transit 1st lord Mercury is conjunct transit Rahu in the 6th house 5. transit 2nd lord Venus is in the 6th house It seems that 4. and 5. have had a major impact. Once the important benefics in the Virgo rising chart Mercury and Venus became badly placed and afflicted, the bottom seemed to fall out of the currency. Early next week, transit 12th lord Sun in the 7th house enters the aspect of natal Rahu in the 11th house and natal Saturn in the 6th house. As the currency strength is affected by the natal and transit condition of the 2nd lord and Sun, these transits will likely keep the pressure on. We´ll see how it goes. Best wishes, Thor Cosmologer <cosmologersamva Sent: Wednesday, February 20, 2008 7:41:14 AMIceland: banking system under pressure Dear friends, The Financial Times (www.ft.com) is today saying the international credit market has shut its doors to the Icelandic banks, which have expanded very fast abroad. This is a serious issue for the banks and the country. The upside is that the banks have funding to continue operating for the remainder of this year, but the lack of further credit crimps there expansion plans and if it is not resolved puts them at risk next year. These developments are seen in the chart for Iceland where the Sa/Me period is operating. - Transit 6th lord Saturn in the 12th house has been afflicting the MEP of the 12th house, the 2nd house, the 6th house and the 9th house. In coming days it will be in opposition with 12th lord Sun now in the 6th house. - transit Rahu in the 6th house is aspecting transit 8th lord Mars in the 10th house. Transit Mars has been afflicting the 2nd lord Venus, but is now moving in on natal 12th lord Sun. These transits and period explain perfectly well and amazingly well, actually, the conditions in Iceland. As Iceland is running the period of 1st lord Mercury in the 9th house, which is strong, the situation should ease once these adverse transits lift. Best wishes, Thor Iceland urged to choose over currency Iceland will be warned on Wednesday that the gradual "euro-isation...President of the Centre for Economic Policy Research, at the Icelandic Chamber of Commerce in Reykjavik."Unilateral euro-isation is feasible and need not limit Iceland's political independence. Because of the exceptionally... Feb 13 2008, By David Ibison in Stockholm, FT.com site WORLD NEWS: Iceland warned against gradual 'euroisation' The gradual "euroisation" of Iceland's economy is "highly problematic and...author of an independent report on the Icelandic economy, said that unilateral euroisation was feasible and need not limit Iceland's political independence. "Because... Feb 14 2008, By David Ibison in Stockholm, Financial Times LETTERS TO THE EDITOR: Military may be tempted to revive an old dream ....inappropriate uses of military force - for example against "climate refugees" - and military technology, for example for the old dream of climate modification.Alyson Bailes,Dept of Political Science,University of Iceland,IS-101 Reykjavik, Iceland Feb 19 2008, Financial Times MARKETS & INVESTING: Silver lining emerges from gloom of credit crisis ....Sachs - are paying up with some very high spreads, according to people in the market.Many single-A rated banks such as those in Iceland, UK building societies, Italian regional banks and some Irish banks, cannot attract funds at any price."There has been a shift... Feb 19 2008, By Paul J Davies, Financial Times MARKETS & INVESTING: Moody's blows hot and cold on Iceland Iceland's triple-A rating from Moody's Investors Service is "at...since October 2002, and drew attention to the health of Iceland's public finances, stating the government "would likely...The mixed message captures the uncertainty surrounding Iceland. Its economy has been overheating but is poised to correct... Jan 29 2008, By David Ibison in Stockholm, Financial Times MARKETS & INVESTING: Moody's blows hot and cold over Iceland Iceland's triple-A rating from Moody's Investors Service is "at...since October 2002, and drew attention to the health of Iceland's public finances, stating the government "would likely...The mixed message captures the uncertainty surrounding Iceland. Its economy has been overheating but is poised to correct... Jan 29 2008, By David Ibison in Stockholm, Financial Times COMPANIES - INTERNATIONAL - NEWS DIGEST: Iceland's banks cool amid turmoil Iceland's banks are feeling the heat from the turmoil in global...Service, the credit rating agency, this week warned that Iceland's treble-A rating was "at a crossroads" due to the alleged...country.The uncertainty has created huge movements for Iceland's banks in the credit default swap markets, pushing up... Jan 30 2008, By David Ibison, Financial Times FT REPORT - FUND MANAGEMENT: The burden of DB scheme indexation ....defined contribution schemes become more apparent.Denmark, Iceland and the Netherlands are held up as examples of countries with...Unfortunately, the DC pooled risk plans adopted in Denmark and Iceland could not easily be copied, the OECD says. They emerged in... Feb 18 2008, By Pauline Skypala, Financial Times Silver lining emerges from credit crisis ....Sachs - are paying up with some very high spreads, according to people in the market.Many single-A rated banks such as those in Iceland, UK building societies, Italian regional banks and some Irish banks, cannot attract funds at any price."There has been a shift... Feb 18 2008, FT.com site FT REPORT - FUND MANAGEMENT: Technological arms race benefits the innovative ....heat that data centres generate, says Ms Tenneti. These range from Microsoft and looking at setting up a data centre in Iceland to take advantage of the availability of the geothermal energy to companies looking at building facilities in Siberia where... Feb 18 2008, By Mike Scott, Financial Times Be a better friend, newshound, and know-it-all with Mobile. Try it now. Be a better friend, newshound, and know-it-all with Mobile. Try it now. Quote Link to comment Share on other sites More sharing options...
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