Sobering. Instead of the 100 years of energy independence for the US that Obama promised, the whole shale gas bonanza could very well collapse in a matter of months, or two or three years at the most.
bertb news feed
The 15-page FDIC-BOE document is called “Resolving Globally Active, Systemically Important, Financial Institutions.” It begins by explaining that the 2008 banking crisis has made it clear that some other way besides taxpayer bailouts is needed to maintain “financial stability.”
WT news feed
A Paris court has sentenced two French aid workers to two years in jail for attempting to illegally bring 103 children from Chad to France for adoption, falsely claiming they were orphans from Darfur.
WT news feed
Local governments borrowed heavily from banks to fuel China’s stimulus programme during the global financial crisis and are now struggling to generate the revenue to pay them back, a shortfall that could cast a shadow over Chinese economic growth
WT news feed
What? Herbalife is a pyramid scheme? Herbalife Ltd.’s shares fell sharply for the second day on hedge fund manager William Ackman’s allegations that the nutritional supplements company is a pyramid scheme.
bertb news feed
More things come to light about the collapse of Afghanistan biggest bank, but many more things remain hidden in the dark. What happened to the money and how deeply is the Afghan ruling elite involved?
bertb news feed
Western media is constantly attacking Hungarian PM Viktor Orban, who seems to be the only EU leader with the courage to fight the banking cartel. Now he is, indirectly, accused of corruption in a lease scheme of state owned farm land.
bertb news feed
The initial partner organisations selected by the Department for Work & Pensions includes: Post Office; Experian, the credit reference company; Cassidian, the defence and security division of the pan-European aerospace giant EADS; and the American global telecommunications giant Verizon.
WT news feed
“….The crisis has been a shock to Nat Rothschild’s overblown ego, especially as many feel his reputation can never fully recover, and one top City banker was quoted in The Times this week as saying that ‘Nat Rothschild will never raise another dollar from anybody’….”
WT news feed
Daon, the Irish biometrics and authentication specialist, has been chosen to spearhead a US government-sponsored pilot project to develop secure online identities for consumers.
WT news feed
