Ex-PM on trial for Iceland bank fall says he saved economy
(REYKJAVIK ) - Iceland's former prime minister Geir Haarde, facing trial over the country's 2008 financial meltdown, describes the case as a farce, insisting he actually helped rescue the economy from a fate similar to that of Greece.
Source: Eu Business
-
Tharman warns of sluggish global economy
Singaporeans should brace themselves for the impact of a sluggish global economy in the coming months, said Deputy Prime Minister Tharman Shanmugaratnam yesterday. But the fundamentals of the local...
-
Bernanke: Fed ready if economy worsens
WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would...
-
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
-
Obama turns to small-scale solutions to a weak economy
The White House, threatened by the high unemployment rate, proposes free-trade agreements and more spending on high-speed rail in the absence of more ambitious tools, such as stimulus spending. As White...
-
Susan Tompor: If U.S. economy is recovering, where are the jobs?
Two years into the U.S. economic recovery and way too many of us are still asking: When's payday? Hiring is miserable -- the U.S. economy cranked out only 18,000 net jobs in June. The U.S. jobless rate...
-
WikiLeaks loses Icelandic financial lifeline
NEW YORK, July 9 — WikiLeaks founder Julian Assange has lost a financial lifeline. Since December bans by the world’s major credit card networks, it has been difficult for supporters of the controversial...
-
Ex-Iceland PM says he saved economy
Iceland's former prime minister Geir Haarde, facing trial over the country's 2008 financial meltdown, describes the case as a farce, insisting he actually helped rescue the economy from a fate similar...