Europe’s Banks next Global Worry

Europe's banking system is in far worse shape than the US system. The losses may be bigger, and their capital to meet those losses definitely is insufficient. Europe's banks have been much more aggressive in...

Euro weakens on rate cut evidence

The euro dipped against the dollar and the pound today as currency speculators reacted to an anticipated rate cut by the European Central Bank on january 15. However it is unclear whether the fall is likely to...

England team set to return India by Friday

"Kevin Pietersen and his teammates are set to return to India by Friday to play the two-Test series, the first of which would be shifted from Kevin Pietersen arrives at Heathrow airport from India. (Reuters Photo)Ahmedabad to Kolkata, according to media...

FOREX-Euro breaks through $1.60 on ECB rate outlook

European Central Bank's (ECB) and FED's interest policies differ. ECB seems to be more worried about inflation and FED is more worried about recession. This means that interest rates are not expected to go down in Europe and Euro gets stronger against dollar.The benefit for...

England Coach Steps Down after World Cup Defeat

From the world of Cricket: "Duncan Fletcher will step down as England coach after Saturday's final World Cup Super Eight game against the West Indies, the England and Wales Cricket Board (ECB) said on Thursday. He is expected to be replaced on a temporary basis by England...

Col Sanders to the rescue

http://cricrod.blogspot.com/2006/10/col-sanders-to-rescue.html

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