Posts Tagged ‘politics’
Greece gets help from EU in more trouble
EU is ready to support Geece with loans and guarantees such as from the German State-owned Development Bank Kreditanstalt fuer Wiederaufbau (KfW). Any support would come with strong conditions. Greek Prime Minister George Papandreou, who in recent days met with European politicians, declared in London on Friday evening that the Greek government is planning to [...]
Senate supports Bernanke for second term
The US Senate has just approved Bernanke for a second term as US Central Bank Captain. With votes of 70 – 30, Republican Ben Bernanke takes on another four-year term as chairman of the Federal Reserve. The battle and debate over Bernanke has been lively and while he is credited with navigating USA through the [...]
Is the Obama Bank Tax the Start of a Makeover?
Dow Jones ended the week sharply down together with the global markets reacting to The Obama Bank Tax. Was that Obama´s fault? Here is what Dow Live Report thinks. See it this way: the Banks have been blamed for the financial turmoil of last year. Right or wrong, when you identify a culprit society demands [...]
