Monthly Archives: February 2012

Lord James of Blackheath Calls for Fraud Investigation in House of Lords

Lord James of Blackheath has made a testimony before the House of Lords, making accusations of money laundering, fraud and official corruption. Lord James stated that some person or persons…

Nation Contends With Fact that Women Face Greater Unemployment Levels

The unemployment rate for women is the highest it has been in 25 years. The number of women who are considered unemployed is still less than half that of their…

Is Monetary Policy Responsible for Rising Oil Prices?

The price of oil has increased substantially over the past few weeks. The price of crude oil increased from 60 euros to over 79 euros between 2010 and 2011. The…

Markets Ease as Greece Receives Bailout Package

The global community has been particularly uneasy about the economic conditions in Greece. Tuesday was a day of respite for investors when the ECB and the IMF finally agreed to…

Gas Prices May Threaten United States and Global Recovery

Many countries around the world were hoping that the United States economy would finally be on the rebound. The global financial community holds out hope that the United States would…

6214884190_5905ee5781

Moody’s Threatens Downgrade of UK Sovereign Debt

Moody’s rating agency is ready to issue another round of downgrades. The rating agency has already downgraded six European countries this week. Meanwhile, the UK has been placed on a…

5716807443_ff4424716b

Companies Around the World Cutting Jobs Over Economic Anxieties

Companies around the world are looking towards the possibility of a global recession. Two major fears are currently creating a number of concerns for the economy: Europe continues to face…

4417746396_3077af715b

Central Banks May Be Ready to Create More Stimulus

The continent continues to move closer to a recession. as the risk of an economic downturn becomes more imminent, Europe’s central banks are looking harder for potential solutions. They are…

6269739839_8a8086701b

U.S. Government May Start Charging Lenders

As the global economy becomes more unstable, investors are pouring their money into the safest securities they can. At the moment, that means either United States or United Kingdom treasuries….

4335071220_a49e409eda

Greek Police Consider Arresting EU/IMF Officials for Austerity Demands

The International Monetary Fund and European Union have unwittingly made an enemy of the largest police union in Greece. The Federation of Greek Police has stated that it intends to…