marlboro lights cheap cigarettes dunhill international cigarettes discount cigarettes onlinecamel lightsnewport cigarettes online

Posts Tagged ‘Financial Crisis’

Standard Life cuts investment bonuses for 600,000 policyholders

Standard Life cuts investment bonuses for 600,000 policyholders
The US economy unexpectedly shrank in the final quarter of last year for the first time since the end of the recession in 2009, as government spending fell and businesses scaled back investment. The world's largest economy contracted at 0.1pc annual pace in the final three months of the year, sharply reversing the 3.1pc growth recorded ... Full story

Doubts remain over Spain’s austerity miracle

Doubts remain over Spain's austerity miracle
Spain has made dramatic strides in cutting labour costs and reviving exports since the debt crisis erupted, turning the country into the new poster-child of Europe’s austerity regime. Fresh data from the OECD show that Spain has narrowed the gap in “unit labour costs” with Germany by 5.5pc over the past year alone. It has clawed ... Full story

Queen gives the Bank a lesson in economics

Queen gives the Bank a lesson in economics
Four years ago, the Queen asked academics why no one had foreseen the “awful” financial crisis which has blighted the country ever since. On Thursday, during a tour of the Bank of England, she effectively answered her own question as she talked about “lax” City workers and a regulator that “didn’t have the teeth” to intervene. The ... Full story

ECB mulls negative rates as Europe’s economic crisis deepens

ECB mulls negative rates as Europe's economic crisis deepens
The European Central Bank has slashed its eurozone growth forecasts and warned that recession will drag on into the middle of next year, sending the euro plunging below €1.30 to the dollar. Mario Draghi, the ECB’s president, said the governing council had discussed a cut in overnight deposit rate to below zero for the first time, ... Full story

Euro blueprint gives Brussels economic sovereignty over members

Euro blueprint gives Brussels economic sovereignty over members
Eurozone countries would lose the right to set their own budgets and end up surrendering economic sovereignty to Brussels under a blueprint to “complete” the European Union’s single currency. A masterplan for “completion of economic and monetary union” has been set out in a confidential document to be discussed by EU leaders at a Brussels summit ... Full story

Loss of income caused by banks as bad as a ‘world war’, says BoE’s Andrew Haldane

Loss of income caused by banks as bad as a 'world war', says BoE's Andrew Haldane
The financial crisis has been as economically devastating as a world war and may still be a burden on “our grandchildren”, a top Bank of England official has said. Andy Haldane, the Bank’s executive director for financial stability, added that public anger at the banks was fully justified and that pay in the industry remained too ... Full story

France ‘deplores’ Moody’s over loss of ‘AAA’ rating

France 'deplores' Moody's over loss of 'AAA' rating
France's foreign minister said on Tuesday he "deplored" the decision of Moody's to strip the country of its AAA credit rating but still dismissed the downgrade as irrelevant. Pierre Moscovici hit back against the US rating agency, claiming France had already taken steps to address many of its concerns. "I take note of this decision, and ... Full story

Spain sinks deeper into recession in third quarter

Spain sinks deeper into recession in third quarter
Spain has slipped deeper into recession as the financial crisis and austerity weighs on the embattled country’s economy. The Spanish economy shrank by 0.3pc between July and September, marking the fifth consecutive quarter of contraction. Spain is buckling under the pressure of a large deficit and a property crash that has left its banks struggling under a ... Full story

Spain’s rising debt costs eat up austerity gains

Spain's rising debt costs eat up austerity gains
Spain has pushed through €40bn of fresh austerity measures in the teeth of recession, despite violent protests across the country and separatist crises in Catalonia and the Basque region that threaten to break the country apart. Premier Mariano Rajoy has frozen public pay in 2013 for the third year in a row. The agriculture ministry and ... Full story
Copyright © 2017 Latest News Breaking News Hollywood news gossips, bollywood news, tollywood news, gossip news, sports news, movie reviews, entertainment news.