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The euro bailout is the biggest Ponzi scheme in history says Lord Lamont
The recent decision by the Bank of England to pump another £75billion into the economy shows that Britain, far from recovering, remains on the edge of another dip. But what happens to the British and world economy is, to a large extent, out of our hands. |
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Poland’s Economic Progress
The re-elected Polish government has steered the country through the global financial and economic crisis.
"The deteriorating global economic environment and increasing turbulence within the euro area and its periphery mean that Poland will face a more challenging environment going forward."
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Italy Down In Debt
Italy, the seventh largest economy in the world has a debt of nearly 800 billion euros. It is more than that of Greece, Ireland and Portugal combined. Should Italy stumble, the aftershocks would be more disruptive than anything the euro zone has felt so far in the crisis. |
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London Britain’s Olympic City 2012, Special Report
Coming Soon
London is one of the leading global business centres and will be part of the formula for triggering an era of new economic growth across Europe and globally according to James Norris, Senior economist at Times Media. |
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UBS Raises Loss From Rogue Trader to $2.3 Billion
Swiss bank UBS on Sunday increased the amount it said it had lost on rogue trades to $2.3 billion and gave details of how a trader concealed his risk exposure by creating fictitious positions in its systems. |
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Advice on Debt? Europe Suggests US Can Keep It
The United States has long been considered a financial adviser to the rest of the world. But these days, American officials come carrying baggage. |
