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Head of World Bank Warns of...
As if fears for the global economy weren’t bad enough, they are now soaring as the head of the World Bank, Robert Zoellick, warned that the world is entering into what he calls a “new danger zone....
Labour Leader Calls for Urge...
This week Ed Miliband called on leaders from around the world to act with urgency in regards to the risk of another debt crisis of global proportions. In his statement he said he believes that the G20...
IMF Head Warns of Impending...
In totally candid remarks, the head of the International Monetary Fund stated bluntly that banks throughout Europe must raise more money if we are to stave off a recession of global proportions. Chris...
Germany Fears the Spread of...
According to news released just this week, the business sector in Germany is losing hope that the economy will improve any time in the near future. Business confidence is down and this is contrary to...