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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...
Ireland Confirms Billion-Euro Bailout Plea
Irish Prime Minister Brian Cowen confirmed Sunday that his country requested financial assistance, which has received the approval of European Union Finance Ministers as well as the IMF (International Monetary Fund). Didier Reynders, Belgium Finance Minister...
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 trillion has disappeared into a black hole....
Obama signs $787,000,000,000 stimulus bill
President Barack Obama has signed probably the most noteworthy bill since taking office – the $787,000,000,000 stimulus bill. Share
Nissan to slash 20,000 jobs
The automaker Nissan Motor said yesterday it would eliminate 20,000 jobs, or 9 percent of its workforce. Share
Two U.S. banks fail, first casualties in 2009
On Friday, bank regulators shut down two small banks, the first U.S. banks to fail this year Share
Barclays shares in new collapse
Shares in Barclays and Royal Bank of Scotland plummeted as huge losses at two of America’s biggest financial institutions Share
