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RBI opens doors to 10 VCFs amid liquidity crunch
MUMBAI: The Reserve Bank of India, which has been holding back applications of several foreign venture capital funds (VCFs) for a few years, is slowly opening the doors to these investors — a decision which could be partly driven by the dollar shortage following the FII...Stocks plunge anew as recession worries resurface
"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...
Asia stock markets surge after Fed rate cut
"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy... Risk aversion sends yen to 13-year high versus U.S. dollar
The pound has fallen to a 5-year low against the dollar, and the euro continues to fall as well, as currency speculators become nervous. But the yen has been the biggest beneficiary of the nervousness."Mounting...
created by Dave Keating | 4 years ago | updated 4 years ago
144 views | 0 recommendations | 0 comments
144 views | 0 recommendations | 0 comments
Dollar continues to rise on deteriorating global economy and concern about fi...
The Dollar climbed to a two-year high against the Euro and a five-year peak against Sterling on Bank of England Governor Mervyn King remarks on Tuesday that the British economy was probably entering its first recession in 16 years. Fears of a global recession have US...Chinese firm to invest $1.7b to generate low-cost electricity in Pakistan
Amid precarious security situation and economic conditions in Pakistan, a Chinese power generator has said that it would invest $1.7 billion for low-cost hydel power generation in the energy-deficient country, where people are facing a plethora of problems because of the... Deutsche Bank Sold Massive Amounts of Phantom Stock
" delivery records,” there were “only two failures to deliver.” So Deutsche Bank systematically failed to even locate the stock that it sold, but the NYSE isn’t calling it “naked short selling,” and...
created by RoryKearney | 4 years ago | updated 4 years ago
1307 views | 10 recommendations | 6 comments
1307 views | 10 recommendations | 6 comments
New National Debt Clock To Display Quadrillions
The digital National Debt Clock in New York's Times Square recently ran out of room to display the growing US debt, now over $10.2 trillion as of Saturday. When the clock was first put up in 1989 by real...
created by Terri Potratz | 4 years ago | updated 4 years ago
879 views | 4 recommendations | 9 comments
879 views | 4 recommendations | 9 comments
Obama Campaign contributed 800 Thousand Dollars to ACORN, Caught!
Obama camp down plays payments to ACORN Through Citizen Services, IncListen to ACORNS News Conference held Oct 7, Politisite asked a question about demographics under Iron Mill News"Democratic presidential...
created by Albert Milliron | 4 years ago | updated 4 years ago
2744 views | 2 recommendations | 7 comments
2744 views | 2 recommendations | 7 comments
Artist prints `Zero Dollar' in dig at Wall Street
Artist Laura Gilbert printed 'The Zero Dollar' and distributed 10,000 copies of the worthless money, in protest of the breakdown of the American economy. Gilbert distributed her 'money' in front of the New York...
created by rumana husain | 4 years ago | updated 4 years ago
427 views | 30 recommendations | 14 comments
427 views | 30 recommendations | 14 comments
Bank robber hires decoys on Craigslist, fools cops [flees in innertube]
Bank robber attracts free decoys thru Craigslist, makes off with loot in innertube. This story would be more amazing if Wall Street Banksters hadn't just robbed the American people of $700 billion by spraying "economic meltdown!" and "martial law!" in our face, after they've...
created by Erik Larson | 4 years ago | updated 4 years ago
185 views | 0 recommendations | 2 comments
185 views | 0 recommendations | 2 comments
Euro plunges as credit crisis hits Europe
The inability of the EU to come up with a coordinated response to the credit crisis has caused the Euro to plunge today to record 13-month lows against the dollar. There is great uncertainty for what will happen...
created by Dave Keating | 4 years ago | updated 4 years ago
198 views | 4 recommendations | 2 comments
198 views | 4 recommendations | 2 comments
How Wall Street Can Bail Itself out without Destroying the Dollar by Thom Har...
Instead of a taxpayer funded bailout, Thom Hartmann suggests taxing the people who created the mess in a way that will promote investment as opposed to speculation. What do you think? Let your Representative... 678 views | 27 recommendations | 11 comments
The crisis: The explanation
The crisis: The explanation It...Financial Weapons Of Mass Destruction
"Financial Weapons Of Mass Destruction photo credit: laffy4k New York Times called the possibility of an AIG liquidation “as close to an extinction-level event as the financial markets have seen since the Great Depression.” We keep hearing that the current...Top Members Today
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