Credit crunch News
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The current economical crisis is beginning to have an effect on some of the world's wealthiest people according to the latest rich list published by Forbes Magazine.
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The Dutch floral auctions are reaching high prices for the Valentine's Day flowers this week: proving that when it comes to love, the credit-crunch is all but forgotten. The week to Valentine's Day remains the Dutch floral auctions top annual sales event
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Thousands of British expats are abandoning their cars at Dubai airport and using the remaining credit on their bank cards to flee back home rather than risk debtors’ jail. Debtors unable to pay their debts can be imprisoned in Dubai under sharia law.
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Wealthy city workers are turning to psychics seeking their advice and guidance on how to survive the credit crunch. Many workers have even started taking in contracts and job offers to be analysed.
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As the global financial crisis got worse trading in gold rose 58% to a record $20.2 trillion (£13 billion) last year. Silver trading also increased 39% to a record $2.6 trillion.
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Canada's Finance Minister Jim Flaherty says panicking in the face of the global economic crisis would be “devastating” for Canada.
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I am sure a month ago many people would have wondered how a credit crunch has affected the economy. Inside this crisis, how it related to mortgages and why one nation survived the disaster.
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It doesn’t get a lot scarier than this. Apparently Bear Stearns, at the time of its sudden insolvency, was carrying trading contracts worth $2.5 trillion, globally. This has led to some introspection on the subject of Wall Street’s insularity.
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Credit crunch Headlines
Behind Silicon Valley's hiring crunch
Crunch time in private rocket race to space station
Warnings sites are not ready for the UK's new web tracker restrictions
Cuba bids to shore up its crumbling houses in Havana
The data-crunching site unveils a premium service that allows users to upload data, photos and sounds for analysis.
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Credit crunch Blogs
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Mainstream media is notorious for disinformation and smear propaganda especially when it comes to Ron Paul. The...
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Sungha Jung, now 17, was born to play music at a very young age, and was inspired at three watching his father play....
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Media claims not to be biased at all – and owning a PR agency, I know first-hand that’s simply an absurd statement....
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There is "breaking news" in the business commuity where JPMorgan Chase has just announced that it has "significant...
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Acclaimed Native American actor, director, producer, writer and motivational speaker Gerald Auger (Into the West,...
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