Must Read Rumors

Sheridan Smith congratulates Wiliam and Kate for ‘wonderful children’ Princess Charlotte and Prince George

The British actress, who was recently awarded an OBE at Buckingham Palace, congratulated the Duke of Cambridge for his kids.

Prince William awards Sheridan Smith with an OBE, she tweets photo of ‘unforgettable day’

The Duke of Cambridge has awarded Sheridan Smith with an Order of the British Empire at the Buckingham Palace on Thursday.

Prince William set to attend Tusk Trust 25th anniversary, Kate Middleton and the kids will stay at Anmer Hall or travel to join the Duke?

Prince William’s royal duties continue as the Duke will be present at Windsor Castle for a gala that marks the 25th anniversary of Tusk Trust.

Prince William takes photos with England women’s soccer team, Kensington Palace shares them on Twitter

The Duke of Cambridge visited England women’s squad at the National Football Centre at St George’s Park yesterday.

Sheridan Smith congratulates Wiliam and Kate for ‘wonderful children’ Princess Charlotte and Prince George
Prince William awards Sheridan Smith with an OBE, she tweets photo of ‘unforgettable day’
Prince William set to attend Tusk Trust 25th anniversary, Kate Middleton and the kids will stay at Anmer Hall or travel to join the Duke?
Prince William takes photos with England women’s soccer team,  Kensington Palace shares them on Twitter
Kate Middleton and Prince William’s daughter Princess Charlotte is ‘keepin’ her parents up’, Prince George is ‘running around’

Tiger Woods divorce could cause a Swedish currency growth

by Dan
August 24, 2010 at 8:17 pm

The divorce agreement in which Tiger Woods could pay up to $500 million to Swedish model Elin Nordegren could be a base for an appreciation of the krona (Swedish currency) against the U.S. currency, according to Citigroup analysts note.

Financial markets were affected by a high nervousness on Tuesday, but traders have been relaxed by a note suggesting that Citigroup’s suggesting that Tiger Woods’ divorce agreement could be the cause of Swedish currency growth, says a journalist from Wall Street Journal (WSJ) on their blog.

Tiger Woods divorce ended on Monday, exactly when the Swedish krona began to grow against the dollar. Krona further depreciated, without any clear basis.

Woods effect could be just a rumor, but “we cannot be sure” noted Citigroup analysts. American Financial Group specialists explanation is logical, notes WSJ journalist Katie Martin. The amount that Tiger Woods will pay after the divorce is not yet known but will probably be quite large. Financial markets are very quiet and can be easily influenced. Buying krona worth several million dollars by Tiger Woods would be sufficient, considers Martin.

Even if krona evolution was not influenced by his divorce, a little bit of relaxation doesn’t hurt anyone, especially to financial markets, affected by concerns about the state of the global economy, says the material posted on the WSJ blog.

The dollar was trading at SEK 7.45 at 11:25 GMT. According to U.S. press, Nordegren would receive between 100 and 500 million dollars after the divorce.

Image source: mwza.com

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