?? We all know the financial pitfalls our children may face as they get older ? challenges re View post: Five Tips to Make Kids Smarter About Money
More and more European economies seem to be failing. The bad financial state of Greece is not only affecting the European economy it has an impacy globaly. However, the Greek economy is not the only one affected by the disastrous state that the financial world is in. Spain, Ireland and Italy are going through a really rough time themselves and things are not looking so bright for the future. Even the US has hit troubled times in terms of their ecomomic situation and are in a postion where they could default on the loans if the political parties running the ...
The Treasury has raised concerns with American regulators over the controversial Volcker rule banning proprietary trading for banks after warnings it could lead to a government funding drought.
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UK faces Volcker rule clash
Fears are mounting that Greece could be the first European country to default on its debt in 60 years, as the country gears up to salvage collapsed talks over bond repayments on Wednesday.
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Greece gets closer to brink of bankruptcy
Think tank warns that UK economy barely grew in the final quarter of 2011, as ECB President says giving lenders access to cheap, three-year loans had eased “major funding constraints” among European banks.
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Debt crisis: as it happened January 12, 2012
The British economy just about scraped growth in the fourth quarter of 2011 according to the National Institute of Economic and Social Research, but weaker data elsewhere darkened the economic outlook.
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UK grew 0.1pc in fourth quarter, says think tank Niesr
European markets were cheered on Tuesday by an absence of terrible news and an assurance by Fitch that France’s AAA credit rating was unlikely to be downgraded in 2012.
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Fitch assurance on France’s AAA rating helps cheer markets
Stock markets rise as ratings agency Fitch says it does not plan to remove France’s AAA credit rating unless there are “important shocks” while it hints at a downgrade for Italy.
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Debt crisis: as it happened, January 10, 2012
One of Britain’s most high-profile European politicians could be ousted from her job in a wave of anti-British sentiment that has followed David Cameron’s use of his veto last month.
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David Cameron’s EU veto puts job of MEP Sharon Bowles in jeopardy
Over recent years, the ills of the US economy have been remarkably similar to the UK’s: excessive growth of consumption, fuelled by credit; an overvalued housing market; a huge trade deficit with the rest of the world; and weak corporate investment.
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We may pass through Hell but the UK will rise from the flames
Italian Prime Minister Mario Monti on Sunday rejected talk of a euro crisis and said Rome was open to the idea of a tax on financial transactions championed by France – but only if the measure was part of an EU-wide effort.
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Italian Prime Minister Mario Monti: ‘The euro is not in crisis’
Asian markets fall as eurozone woes continue to weigh on markets, while Italy’s prime minister Mario Monti prepares to meet French president Nicolas Sarkozy in Paris later today.
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Debt crisis: as it happened – January 6, 2011
