Archive for the ‘Economic Crisis’ Category

Iceland leader rejects payout bill

Iceland leader rejects payout bill

Hundreds of people submitted a petition to the government against the payout bill Iceland’s president has refused to sign a bill that would compensate the...

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2010 debt crisis looming over eurozone

2010 debt crisis looming over eurozone

A handicapped woman is seen begging for money in Berlin, Germany, in this August 11, 2009 file photo, amid rising unemployment rates in Europe due to the global...

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‘Payout plan’ angers Iceland voters

‘Payout plan’ angers Iceland voters

Protesters gathered outside the president's residence to submit their petition Iceland’s president is facing pressure to halt the repayment of $5bn to...

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Sale of Dubai property bonds frozen

Sale of Dubai property bonds frozen

Stocks fell as soon as markets opened in Dubai on Monday Nakheel, Dubai’s property developer and part of the heavily-indebted Dubai World conglomerate, has...

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Gold price hits record high as dollar wanes

Gold price hits record high as dollar wanes

Gold price hits record high Gold prices hit a record above 1,100 dollars on Monday with the dollar weakening after a pledge by G20 countries to keep economic recovery...

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Ron Paul: Health Care Bill Could Kill The Dollar

Ron Paul: Health Care Bill Could Kill The Dollar

Ron Paul If the Obama administration keeps its promise in guaranteeing not to raise taxes to pay for universal health care, the only way to cover the costs will...

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Broader Measure of U.S. Unemployment Stands at 17.5%

Broader Measure of U.S. Unemployment Stands at 17.5%

Most economists predict that the rate will in fact begin to fall next year For all the pain caused by the Great Recession, the job market still was not in as bad...

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Dollar Will be Utterly Destroyed: Global Currency, New World Order

Dollar Will be Utterly Destroyed: Global Currency, New World Order

"Dollar will be utterly Destroyed" The dollar will get “utterly destroyed” and become “virtually worthless”, said Damon Vickers, chief investment...

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