Is the US Government Quickly Approaching a Default on its Debt?: The 1 June deadline for the US to reach a deal on its debt ceiling is fast approaching. Although talks are still in the works and the possibility of a default could cause chaos in the markets, investors seem to be confident that a deal could be reached in time. Since last week, discussions to […] – MyPE
Campbell and Carneiro conquer the mud at Zuurberg: Nelson Mandela Bay’s Bruce Campbell and Jay Carneiro battled on in wet and muddy terrain to win the men’s section on the first stage of the Great Zuurberg Trek mountain bike race on Friday. Heavy overnight rain caused the 58km route to be shortened to 40km but, despite the abridged distance, conditions under wheel were […] – MyPE
Banking Sector Concerns Resurface: The US stock markets were under pressure due to mixed corporate reports and fresh worries about the banking industry following First Republic’s disclosure of a significant decline in first-quarter deposits. Although the bank reported a deposit loss of $ 100 billion since the start of the crisis, this figure was significantly higher than what the market anticipated and […] – MyPE
US Debt Ceiling Battle Weighing in on Negative Risk Sentiment: As the debt ceiling agreement deadline approaches and April retail sales data in the U.S. provides hard evidence that consumers are being affected by rising prices and interest rates, shares traded lower while yields of treasury bonds rose slightly. Yesterday, US shares started to drop after Home Depot’s earnings and sales estimate disappointed the market. […] – MyPE
Zambia & South Africa | 2011 – Flore: A couple of scenes from the footage I took during a recent trip to the Victoria Falls in Zambia, along the Garden Route from Gqeberha to Cape Town and with Rovos Rail to Pretoria, before moving on the Sabi Sands Game Reserve. Music: Chicane – Offshore Equipment: Olympus E-5 Zuiko 12-60mm 2.8-3.5 Zuiko 8mm Fisheye […] – MyPE
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