Topic: Foreign Exchange

News items include the theft of NOAA satellite temperature data from a contractor's personal computer and financial disarray at Greenpeace. The environmental organization reportedly lost 3 million pounds on the foreign exchange market after a staffer bet against the Euro. The hosts discuss the irrational strength of the Euro despite the lack of economic rationale.

Christine Lagarde faced criticism for telling Greek citizens to pay their taxes while she herself enjoys diplomatic immunity from taxation. Meanwhile, the foreign exchange platform Oanda announced it would halt trading on Sunday, June 17th, due to expected volatility from the Greek elections. Rumors of impending ATM withdrawal limits in Europe are also discussed.