failure

They lied and lied again. They lied when they claimed that the Euro would have protected the purchasing power and reduced it by 40% opposed. It was so safe and convenient - they said - which was not only unnecessary a referendum, but rather people just had to pay additional taxes to deserve the privilege of entering the Euro, in [...]

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Germany and France do not have any cost to stay at the window while the financial crisis threatens to send in default of Greece. The German banking system is in fact in direct debt of the PIIGS (the acronym - offensive - which means Portugal, Italy, Ireland, Greece and Spain, the eurozone countries most at risk) for [...]

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MADRID - José Luis Zapatero said in a recent interview that will take any measure in order to revive the Spanish economy and even to reorder the public accounts by 2013 as promised in Brussels and European partners. The statement is significant because Spain is the fourth largest economy in the EU and then [...]

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Concerns about the state of the economy of the eurozone countries, like Greece, Spain and Portugal (returning from the flop of an auction of government bonds) have fueled the sales on the world lists. On Wall Street, the S & P 500 has left the field on 3.11%, the Dow Jones 2.61% and 2.99% on the Nasdaq. The lists have served, as well [...]

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The European Commission urges the government of Athens to take "additional measures" to reduce the deficit. In a note on Economic and Monetary Affairs Commissioner EU, Jaquin Almunia said that "a difficult situation in a member country of the euro area is a source of concern" for the Eurozone 'as a whole. " It is clear - has [...]

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End of flights to Sky Europe, the low-cost airline based in Bratislava, founded in 2001 by Alain Skowronek and Christian Mandl, president and CEO of the company. In the night between Monday and Tuesday, SkyEurope, in bankruptcy proceedings, has put an end to its traffic and, therefore, has canceled all its flights, [...]

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At the start of the U.S. plan to support the White House that hopes to save GM and Chrysler but not excluding the use of bankruptcy to start a "new beginning". The crisis of the car, according to Barack Obama is a "failure of leadership from Washington to Detroit, but we will not let our industry disappear: need new plans [...]

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The insurance giant AIG, under pressure from the U.S. Congress, made public today the list of banks and financial institutions that have benefited from the $ 170 billion received by the U.S. Treasury to avoid bankruptcy, a list that includes several European banks ( among which, however, are not credit institutions [...]

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It seems they are not enough new AIG 30 billion and you start to finish. Without a 4 / rescue or intervention by the authorities' Use, American International Group with risks for the banks would collapse europee.Il collapse of AIG could drag it with you 'other companies' insurance and also to force European banks to further increases [. ..]

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The end of a dream. The end of "free friendly." Or not? Worth more than the Fiat, over twenty thousand billion, but instead suffered vendersela Renato Soru imagined becoming the King Midas of the Internet market. Tags: crisis, economic crisis, Collapse Bags 2008, Dell, bankruptcy, Fiat, Fiat Quotes, Tiscali, USA

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The situation in Italy at the level of country risk "is still far from what we saw in the '90s when the cost of refinancing was much higher with a debt even higher, which represented a very great risk." He tells Alexander Thomson Financial Kockerbeck, an analyst with Moody's rating of the Italian manager. The market for [...]

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Royal Bank of Scotland has announced losses of 23 billion pounds and collapses (-70%) on the Stock Exchange. Even General Motors, despite billions dished out by Washington, the fight against bankruptcy. More: Citigroup prepares to spin off Smith Barney, divides its activities into two but does not remove the sword of Damocles of the bubble-to-credit-cards. Tags: [...]

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Ghana, Tunisia and Ecuador. The three white flies in the 'annus horribilis' bags of the world, the only all over the world are on track to close the 2008 rising, carry exotic names and penetrate markets in the little-known routes in the globalized investors. Tags: Crisis, Crisis Bags, economic crisis, Iceland Crisis, Collapse bag 2008, Collapse [...]

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The financial markets can expose some Italian listed companies in hostile takeovers. So the chairman of Consob, Lamberto Cardia, in the course of the hearing in the Senate Finance Committee. "Concerns are new worries - Cardia said - the consequences of the market situation of listed companies may have exposure to hostile takeover attempts." [...]

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NEW YORK - The FBI dark hits the mortgage crisis, taking the size of a real raid on Wall Street, considered by most 'parties responsible for the subprime mortgage crisis. Tags: bear stearns, citigroup, Crisis, Crisis of the markets, Crisis Loans, Dell, Eni, bankruptcy, hedge funds, insider trading, Investment, Mortgages, Mortgages [...]

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"We are facing a case of failure of the education market." David Tabarelli Nomisma energy analyst and president of Il Sole 24 Ore currency for raw materials so the record oil prices. "It's really market failure ... Why? Because when you have Americans that Democratic senators propose legislation to assess whether there is [...]

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A dance alone, is the other? What will be, Down (for now) the hypothesis of the mega-merger, the roads onto Microsoft and Yahoo! to develop their key web business? Waiting for official communications, you can already guess, especially for the California-based company, well-defined horizons. Let's see. Tags: Citigroup, Dell, Eni, bankruptcy, merger [...]

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E 'break with Air France for the acquisition of Alitalia. After the rejection of the French company formulated to counter the afternoon of Wednesday 'unions, the president and CEO of Alitalia Maurizio Prato resigned. For Thursday is convened a meeting of Alitalia's board of directors for "reasonable and necessary determinations." He [...]

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à ‰ this night came the proposal of the French trade unions. Here are the latest agencies, from noon today until now, while the title alitalia takes a nose dive. Tags: Air France, Alitalia, Berlusconi, Dell, bankruptcy, Italy, GDP, trade unions, title alitalia

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It seems that the agreement is still possible, despite all the problems that have emerged in recent days. In fact, Air France-KLM has confidence in the possibility of recovery and development of Alitalia and continues to consider the essential support of the unions. Tags: Air France, Alitalia, Berlusconi, Dell, bankruptcy, Italy, GDP, trade unions

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