Davos bankers plot response to reform
Sarkozy criticizes capitalim
European Commission says survival of euro at risk
According to a report in Germany’s news magazine Der Spiegel the European Commission warned that the euro area’s chances of survival would depend criticially on adjusting the internal imbalances. The reported quoted from a paper by DG Ecfin, accourding to which internal imbalances would weaken confidence in the euro and endanger the cohesion of the…
Move your Money Campaign spreading to state governments
New Mexico state representative Brian Egolf has introduced a bill to move the state’s money out of Bank of America and into banks and credit unions chartered in New Mexico. “I saw the Move Your Money video the day it came out and thought it made a lot of sense,” Egolf told HuffPost. So the…
IRN Global MoneyTalk
Editor SWITZERLAND OF THE ORIENT The ironies of Singapore’s massive investment in troubled Swiss banking giant UBS are piling up. Even Lee Kuan Yew himself has now said that the Government Investment Corporation invested “too early” in UBS, with the result that is now showing a loss of billions of dollars of citizens’ money on…
IRN GLOBAL TRADERS DESK
Our Man at Ringside Sees Epic Battle in Gold ” by Rick Ackerman on January 14, 2010 3:31 am GMT · 0 comments The big boys have been trading body blows in gold, producing a lot of violence but no clear winner, at least not yet. We expect the buyers to prevail eventually, and we’d…