President Obama: Nobel Lecture – Said to be His Finest Speech to date

Today in Oslo, the U.S. president Barack Obama under long applause from those present, received the Nobel medal and a diploma. In his acceptance speech, called the Nobel lecture, Barack Obama said: “I’m receiving this honor with great gratitude and humility. This award speaks to our Read More Here

Information And Education Are Available Through Unemployment Offices

The ability to have income while you are out of work through no fault of your own is what everyone usually assumes that their local unemployment office is there for. However, that is far from its only purpose. While you do get money as long as you qualify, you can also get yourself educated to Read More Here

Historical Economical Losses to British Airways

It’s hard times for the airline industry, where British Airways (BA) has reported the largest loss since the company was privatized in 1987. The British company’s deficit is large and primarily due to the declining pound and higher fuel costs, which is pulling it’s bottom line Read More Here

Porsche Having Monetary Problems

The German manufacturer of luxury cars Porsche has huge debts and has now filed for a one billion loan from the state. According to a spokesman for Porsche, the group tried to get shot of fresh capital into the firm and applied for loans in the state-owned KfW bank. Huge Debt Porsche otherwise Read More Here

Japanese finance package to stimulate economy

The world’s second largest economy is nearly in free fall and measured on an annual basis, Japan’s economy is down by as much 15.2 percent – the lowest figures in more than 50 years. The world’s second largest economy is in deep crisis. New figures for Japan’s Read More Here

Pirates Making A Business Out of Hijacking

Swedbank Banking System Error, Ended Happily

Global Financial Woes Hitting Emerging European Banks

Emerging European banks are increasingly facing problems as a result of the global credit crisis, and a withdrawal of lending by hard-hit developed market banks also threatens growth in eastern Europe. Most emerging European banks are not directly exposed to toxic assets, but in countries like Read More Here

Helicopter Crash On Dubai Oil Platform

Seven people were killed when a helicopter crashed today on a Maersk oil platform off Dubai. The helicopter was on it’s way from Dubai’s largest airport for oil extraction, which is located about 70 kilometres from the coast, when the accident occurred on the landing platform of the Read More Here

Why Doesn’t This Junk Work?

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