Billions of euros are lying idle because cash-strapped national governments cannot find the necessary matching funds to release the money View full post on Financial Times – UK Homepage
Archive for November, 2010
US to overhaul data safeguards
Hillary Clinton, US secretary of state, expressed regret about the release of thousands of confidential diplomatic correspondences released, saying that such disclosures ‘tear at the fabric’ of the US government’s ability to function View full post on Financial Times – UK Homepage
Reverend Billy’s Church of Stop Shopping performs a credit card exorcism
Reverend Billy’s Church of Stop Shopping show there is life after shopping by performing credit card exorcism on The Big Picture.
Ireland rescue fails to stem debt fears
Early calm in the markets brought by the EU’s €85bn bail-out for Ireland quickly faded as fears returned about the spread of the debt crisis to other countries View full post on Financial Times – UK Homepage
Market rally fades as debt worries return
Early calm in the markets brought by the EU’s €85bn bail-out for Ireland quickly faded as fears returned about the spread of the debt crisis to other countries View full post on Financial Times – UK Homepage
Ireland rescue given lukewarm welcome
The EU’s €85bn bail-out for Ireland has brought some much-needed calm to markets, with the euro holding steady at €1.3300 against the dollar in European trading View full post on Financial Times – UK Homepage
Ministers sign off on €85bn Ireland deal
Of the loan deal, about €50bn aimed at bolstering Ireland’s public finances while it implements a €15bn austerity package. Remaining €35bn earmarked for stricken banking sector View full post on Financial Times – UK Homepage
China’s Tencent eyes Facebook’s success
Internet group will offer users links to third-party websites and access to externally developed applications View full post on Financial Times – UK Homepage
Beijing in attempt to engage Pyongyang
Under pressure over its links to North Korea, China tried to take the initiative with a call for ‘emergency consultations’ among states involved in nuclear talks with Pyongyang View full post on Financial Times – UK Homepage
Warning over higher OBR growth forecasts
Sixteen City economists believe the Office for Budget Responsibility would be ill-advised to take the faster-than-expected growth this year as evidence the economy can easily withstand the imminent tax rises and public spending cuts View full post on Financial Times – UK Homepage