Irish Gloom and Koreans on Brink of War Push Stock Markets into the Red
As if the rescue of Ireland’s collapsing economy and fears over Portugal and Spain in the debt-domino-debacle wasn’t enough, North and South-Korean fire exchange adds fuel to an already blazing fire sending shares across globe into the red on Tuesday. Market Watch reports that the Stoxx Europe 600 index (ST:STOXX600 265.99, -1.75, -0.65%) More...
Euro collapses to record four-year low
As the European economy suffers from heavy financial burdens and Germany moved to ban naked short-selling of shares, the Euro has collapsed to a new four-year low against the US dollar in international currency More...
Cash for Wall Street Crash
Thursday 6th May, the New York Stock Exchange plummets 1,000 points; a historical first. By the Monday it recovers and a further 400 points are added. Spikes in graphs don’t get any sharper. In four days $3.7 More...
Dr Doom advises investors to prepare for a “dirty war”
Marc Faber, who predicted the 1987 stock market crash and the current economic downturn, has warned investors who manage billions, that they should prepare for a “dirty war” and buy farmland and gold. The More...
Is Capitalism Dead? Ahmadinejad and Munger think so
Iranian President Mahmoud Ahmadinejad said on Monday that dramatic change in world More...
Alan Greenspan: “Worst crisis in history”
Alan Greenspan has called the financial crisis, “by far the greatest financial crisis, globally More...
Crisis in Dubai is over, says official
According to a report by Reuters, the United Arab Emirates’ foreign minister said More...
Crude Oil up to One-Year High as Dollar weakens
Crude oil prices touched $79.05 per barrel, rising about half a percent More...
