Football’s Last Gentleman

Rest in Peace Bobby Robson – football will always remember you.

What Has Happened to the British Pound?

Over the past year we have seen our currency being rejected in favour of other currencies.  This begs the question does our currency have a future?  There is talk that the decline of the Pound is a sign of how really sick the UK is economically.  I really hope Gordon Brown can sail us out [...]

A New Dawn

Its easy to get carried away with the euphoria that comes with a new leader – the UK did when Blair came into power and the same thing happened with Clinton and we all know how disappointing those two turned out to be.  Alot is being made about Obama’s skin colour and his race – [...]

No Bailout for US Banks

Looks like there will be no light at the end of this financial crisis tunnel as the US House of Representatives throws out Bush’s $700billion bailout package for Banks.  The big question is now where do we go from here?

Financial Collapse

The news is bad – the climate is gloomy.  What is going to happen next? Who is going to be the next victim? After Lehman and Merril and then AIG and HBOS where the heck do we run too to hide?
I never thought I’d see a meltdown in the Banking sector like I’m seeing this [...]

Merrill Gets Swallowed Up as Lehman Collapses

As the news of Lehman Brother’s collapses – news came through early Monday morning that Bank of America had brought Merrill Lynch for $50Billion – looks like we’re entering a new era on the world markets.

Lehman Brothers on the Brink

After a loss of 80% of its value last week the US Bank is desperately trying to workout a survival package and its very likely it will end up no longer an independent bank or even broken up into pieces.  The doom and gloom on the financial markets continue…

Free Tibet

How to become Popular…

Frenchman Jerome Kerviel is now in custody after out doing even Nick Leeson in terms of loss – more than $7 billion.  Shocking that one guy can actually go that far without alarm bells being rang – but its happened before and working for one of the biggest Bank’s in the world myself I can see [...]

Markets Crash

Not a good start for 2008 as world stock markets crash amid fears that the US is heading towards a recession thus dragging the rest of the world economies with it.
2007 wasn’t a good year, but 2008 is proving to be worse.  Time to tighten belts and hold on as companies start letting people go, [...]

Showing Solidarity To Burma

 
Difficult to see what other nations can really do – especially with one of the permanent members of the Sercuity Council (China) saying that this is an internal affair, they do have a point. 
 But its sickening to think that innocent people are being tortured and killed just because they want they own country back and [...]

The World is Watching…

The world can do nothing but hold its breathe at the events unfolding in Burma, the military have come out in force and made it quite clear of their intentions should the demostrations continue.
Will the world stand and watch?

People of our Time: Aung San Suu Kyi

 
Yesterday the Buddhist monks in Myanmar (Burma) raised to their feet and demostrated against the military junta in the country.  The last time this happened in 1988 the Government were reported to have killed 3000 people.  So the consequences to these monks and the people who even supported them are quite high.  I would like to [...]

The End of Northern Rock?

When Northern Rock asked the Bank of England for emergency funds – account holders wasted no time in withdrawing their funds from the beleagured building society in spite of Government assurances that the situation was stable.  In this day and age especially with the credit squeeze in recent weeks in the US and the information [...]