Ricardo's Business

SBS Presenter Ricardo Goncalves with the latest in finance.

RICARDO'S BUSINESS || NAB > ECB, retail, rates & jobs

22 December 2011 | 15:48 | Source: Ricardo Goncalves, SBS

The European Central Bank has lent around $650billion to Eurozone banks, but it seems the market didn’t like it.

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I ask Rob Henderson from NAB why.

 

I also asked him for his take on the retail sector following Kathmandu’s profit downgrade and what he thinks about reports in today’s Daily Telegraph about “catastrophic” job losses in Australia next year.

 

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disgraceful

Dave Kimble - from Mission Beach, 44 years ago

Your comments on the mourners at Kim Jong Il's funeral today, mocking them for their grief was absolutely outrageous. SBS of all TV stations should be aware that different societies deal with death in different ways, and to belittle the Korean culture is totally inappropriate. As to the economic advances the South Koreans have made, can you not appreciate that South Korea has had heavy US investment, while North Korea has had 60 years of economic sanctions. Disgraceful.