breakingnews
18.10.2010, 09:09
4 comments
Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.
30.04.2010, 13:37
16 comments
Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”
07.06.2010, 09:58
5 comments
Latvian President Valdis Zatlers believes that the biggest task towards stabilization of the economy and Latvian financial system is complete, but the goal to recover and get back to growth has not been achieved yet.
05.04.2009, 10:24
1 comment
World leaders met in London on April, 2 in an attempt to find a way out of the world economic crisis, but did the meeting of minds actually solve the world's financial problems, or was it just a waste of time?
25.06.2009, 20:42
7 comments
California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.
04.07.2009, 10:03
7 comments
The US administration has been saying it sees the first green shoots of economic recovery. However consumer spending remains low in America, and some experts argue the signs are misleading.
26.09.2009, 01:26
2 comments
The G20 member states have agreed that the group will replace the G8 as the main coordinating body for global financial issues. The G20 leaders are in Pittsburgh, the US for a two-day summit.
28.02.2009, 21:39
4 comments
Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.
12.08.2009, 05:57
4 comments
Washington says it's preparing a second stimulus package by the end of the year, after White House claims that the U.S. economy is showing signs of improvement. But analyst Gerald Celente is skeptical about the move.
01.04.2009, 17:32
3 comments
Being middle-class and homeless is a trend that is currently plaguing the streets of Britain and is escalating almost as quickly as the recession.
Published: 31 March, 2009, 10:48
The economic slowdown continues to rumble on and some Eastern European economies like Hungary have found themselves in a very vulnerable position.
Hungarians are certainly a decent people but their leaders are always on the wrong side. They were allieds to Hitler, then recently to Bush and now to Sarkozy; they should not have any problems to find money; since they know how to bend over.They should have studied that american say: With friends like them, who needs ennemies ! Some time or an other the hungarian people will have to request an other kind of leadership. That is all that I can wish for them. Sincerely. Jean-Claude Meslin