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United Kingdom Proposes an Unprecedented Banking Reform
The United Kingdom proposes to reform its internal banking system and split the retail bank from the investment bank. The Independent Commission on Banking (ICB)[i] has just presented[ii] its report concerning the banking sector’s reform. The ICB was...
Euro Stands Only 20% Chance of Survival
According to a recently released prediction by the Centre for Economics and Business Research, the Euro only stands a 20 per cent change of surviving the next decade. “If the euro doesn’t break up, this could be the year when it weakens substantially...
Tackling Financial Exclusion in Europe
The term financial exclusion was first coined in 1993 by geographers studying the impact bank closures had on those left unable to access basic banking services. During the 1990s there was a significant increase in research focusing on people experiencing...
WikiLeaks Faces Down The Banks
Whilst WikiLeaks has built its worldwide reputation on government and more unconventional methods of waging warfare it says 50 per cent of its whistleblower input is related to neither. What founder Julian Assange describes as ‘an ecosystem of corruption’...
Eric Cantona Calls for Run on the Banks
As Europe crumbles under an ever worsening debt crisis, activists are calling for a banking crash on the 7th December. Ex-footballer Eric Cantona has taken up the task to promote a revolution against the banking oligarchy calling for everyone to take...
China to lead world economic recovery
A recent World Bank report has suggested that amongst the world’s major economies Share
British economy still in the grip of recession, shrinks by 0.4 percent in Q3
The British economy could not live up to the expectations of the analysts Share
3 regional bank failures bring US national tally up to 72
Two banks in Florida and one in Oregon failed Friday, bringing the US national tally to 72 Share
World recession easing, sluggish recovery in sight, says IMF
The world is starting to pull out of its first recession since World War II, said the International Monetary Fund in its latest report released Wednesday. According to the latest report, the global economy was already stabilizing, the financial crisis...
