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If there’s one thing the financial crisis has made crystal clear now, it’s that it’s time to let the banks fail. There’s no longer any reason why the banking sector, which clearly dragged us into the biggest... more »
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European equities markets were mostly lower Friday on continuing concerns that the debt problems of some European nations could hamper economic recovery, as well as on China’s announcement that it has increased reserve requirements for its... more »
As Ireland looks set to accept a multi-billion euro loan, the International Monetary Fund (IMF) and EU officials have commenced their investigation of Ireland’s bank books. Yesterday, Governor of the Irish central bank, Patrick Honohan,... more »
Influential think tank, the Organisation for Economic Co-operation and Development (OECD) has today revised its growth for the UK economy, as a result of the Coalition Government’s austerity measures, designed to bring down the budget... more »
European equities markets were higher Thursday on the likelihood that Ireland will get a bailout for its banks to the tune of tens of billions of euros, and after an index of leading indicators was up for a fourth consecutive month in the... more »