Great Britain blames France for Warren Buffett, Jim Rogers and the Chinese shunning euro bonds

Recently, George Osborne, chancellor of the United Kingdom, likened the economic situation in France to that of Greece.  That, and Britain's sitting out of the most recent Eurozone accord, has done little to increase the appeal of European bonds in the eyes of investors.

As reported in previous articles on www.emergingmoney.com , Warren Buffett, Jim Rogers and -- as yet -- the Chinese have only incidental interest in euro bonds.  The interest rates being paid certainly reflect the lack of demand.

In addition, Jim Rogers is short European stocks and long commodities.  This was reviewed on www.emergingmoney.com in the article, " Vanguard's Emerging Market ETF near year low...wait for Jim Rogers to buy stocks again ?"

The Financial Times , in a piece by George Parker and Hugh Carnegy, "Britain denounces French attacks on its economy as 'simply unacceptable," reported that although Germany has reached out to London after the summit, the French have not.

According to the Financial Times article by Parker and Carnegy, "France is irritated it has been threatened with a downgrade despite its budget deficit, at 5.7% of gross domestic product this year, being lower than Britain's at more than 9%."

When a rescue package is concocted, there will be a need for foreign investors to buy a large chunk of the bonds.

Great Britain and France are doing little with these attacks on each other beyond ensuring that their citizens pay a higher interest cost when the bonds are issued.

Investors should look for European stocks stocks to rebound when -- but perhaps not until -- an agreement is reached that Great Britain can join.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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Warren Buffett and Carlos Slim investing in newspapers around the world (NYT, BRK-A & WPO)

When two of the richest men in history, Warren Buffett and Carlos Slim, are investing in newspapers around the globe, it makes plenty of headlines for the financial world. But that is exactly what is happening as Carlos Slim -- best known as the mogul behind leading Latin telecom carrier America Movil ( AMV , quote ) -- makes investments in The New York Times Co. ( NYT , quote ), which operates The New York Times, The International Herald Tribune and The Boston Globe .

Given the relative performance of AMV versus NYT, Slim may simply see a deep value opportunity here.

Warren Buffett just bought the Omaha World-Herald Company.

Buffett, the "Oracle of Omaha," lives in Omaha and his first investment in a newspaper was the purchase of the Omaha Sun in 1969.

Other newspaper investments of Warren Buffett's through Berkshire Hathaway ( BRK-A , quote ) include The Buffalo News and The Washington Post ( WPO , quote ).

While the Omaha World-Herald is one of five newspapers that Warren Buffett reads daily, there was nothing sentimental or loyal to his hometown read in the purchase, according to an article in the Financial Times by Dan McCrum.

Buffett stated that, "The World-Herald delivers solid profits and is one of the best-run newspapers and we are pleased to have (CEO) Terry Kroeger and his team join Berkshire Hathaway."

This is another investment by Warren Buffett that manifests his confidence in the American economy and its ability to rebound from not only the 2008-9 credit crisis but whatever lies ahead.

Many investors have bought newspapers, but unlike private equity groups, Carlos Slim and Warren Buffett are looking at long-term holds.  After all, Warren Buffett has been quoted as saying that, "Long term is forever."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.