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The great interest rate rip off part 10


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Time running out for Greece - Merkel

 

German Chancellor Angela Merkel warns Greece that time is running out for a deal to keep the country in the eurozone as the G7 summit ends.

 

  • 1 hour ago
  • From the section World

 

 

Related content

 

 

 

Full article Time running out for Greece - Merkel

 

 

 

 

 

Boots sheds 700 jobs in cost-cutting

 

Boots announces it is to cut about 700 jobs as part of a restructuring, following its merger with US giant Walgreens.

 

 

 

Related content

 

 

 

Full article Boots sheds 700 jobs in cost-cutting

 

Man Utd 'most valuable club brand'

 

 

Full article Man Utd 'most valuable club brand'

Deutsche Bank shares rise nearly 4%

 

 

Full article Deutsche Bank shares rise nearly 4%

Car rentals delayed by DVLA launch

 

  • 6 hours ago
  • From the section Business
  • 181 comments

 

Full article Car rentals delayed by DVLA launch

 

 

 

Tata Steel staff in pensions strike

 

  • 5 hours ago
  • From the section Wales

 

Full article Tata Steel staff in pensions strike

Diageo story dominates UK market

 

 

Full article Diageo story dominates UK market

CBI cuts UK economic growth forecasts

 

 

Full article CBI cuts UK economic growth forecasts

African supermarket pulls Maggi noodles

 

  • 3 hours ago
  • From the section Africa

 

Full article African supermarket pulls Maggi noodles

Japan's growth revised sharply higher

 

 

Full article Japan's growth revised sharply higher

Iceland 'to end capital controls'

 

Apple reveals its Spotify rival

 

 

 

 

Apple reveals a new music streaming service and reveals that its Apple Pay digital wallet system will launch in the UK in July.

 

Related content

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

World leaders plead with Greece to make bargain as 'time is very short'

 

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Angela Merkel and Barack Obama have urged Greece and its creditors to agree a deal as debt standoff becomes an international priority

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UK credit rating at threat if country leaves EU, Moody’s warns

 

Brexit could imperil the UK's growth prospects and damage its high sovereign debt rating

 

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Turkey becomes first domino for emerging market debtors as politics split country

 

Turkey's currency plunges after electorate vote for change in move that has exposed 'existential' threat to the country's debt-laden economy, reports Ambrose Evans-Pritchard

Comment

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Iceland sets out plan to unfreeze its currency

 

The country will hit offshore holders with a hefty exit tax as it returns to economic normality

 

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Boots to cut 700 jobs

 

Pharmacy chain to cut jobs as newly formed Walgreens Boots Alliance reduces costs

 

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Pets At Home's biggest shareholder to slash stake

 

Kohlberg Kravis Roberts to near-halve its 46.8pc holding in the retailer in a placing worth £300m

Comment

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Nat Rothschild walks away from Indonesia but not mining

 

Financier tells The Telegraph that his exit from Indonesian coal venture after almost five years won't see him turn away from resource investment

 

Deutsche Bank shares leap as investors celebrate CEO exits

 

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Iraq to form special 'oil army' to fend off Isil threat

 

A 27,000-strong security force will be trained and equipped to defend its oil and energy facilities from terror attacks

 

Not so tasty tomatoes? Engines' heat and exhaust fumes to be used to boost growth

 

rollstomatoes3_3334096d.jpg

Rolls-Royce's engines will warm giant tomato greenhouses and CO2 in their exhaust gases will help speed up their growth

Want to make property affordable? Bite the bullet and raise interest rates

 

The top 1pc are not the super-rich, they are companies. So why punish them?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Uber Spends Heavily to Establish Itself in China

 

By PAUL MOZUR and MIKE ISAAC 11:14 AM ET

 

Faced with homegrown competition in China, the ride-hailing service is offering its Chinese drivers bonuses of up to three times fares.

 

09db-krona-web-thumbStandard.jpg

Iceland to Lift Capital Controls Imposed After Financial Crisis

 

By JENNY ANDERSON and CHAD BRAY 2:30 PM ET

 

The release of the capital controls will be watched carefully as an important case study in how to manage a crisis.

 

09db-finance-web-thumbStandard.jpg

Volcker Sees Hidden Peril in State Budgets

 

By MARY WILLIAMS WALSH 12:16 PM ET

 

A report from Paul Volcker’s new foundation says that states are building up piles of debt and pushing costs to future generations of taxpayers.

 

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Going to the Ends of the Earth to Get the Most Out of Music

 

By BEN SISARIO

 

The music publisher Kobalt believes it can make more money for its artists by simplifying the way money flows around the world from every click, download and stream.

 

db-deutsche-thumbStandard.jpg

Deutsche Bank Co-Chief Executives Resign

 

By JACK EWING

 

Anshu Jain and Jürgen Fitschen will be replaced by John Cryan, former chief financial officer of the Swiss bank UBS, Deutsche Bank said on Sunday.

 

 

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‘Straight Outta Compton’ Film Plays a Role in Suge Knight Murder Case

 

By MICHAEL CIEPLY

 

A video attached to a trailer for the film is a focal point in a murder and attempted murder case against the music entrepreneur.

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Exclusive - Facebook earns 51 percent of ad revenue overseas: executives

 

8:10pm BST

 

Oil up more than 3 percent in broad rally ahead of stockpile data

 

FXpert 8:03pm BST

 

Greek leader seeks party backing as EU warns on cash deal hopes | btn_rel_video.gif

 

World 7:36pm BST

 

Divided EU lawmakers postpone vote on U.S. trade deal

 

7:17pm BST

 

Stocks fall as HSBC overhaul fails to impress

 

FXpert 7:14pm BST

 

WPP sales growth slows a touch

 

6:40pm BST

 

WPP's boss Sorrell sees off revolt over his 43 million pound pay

 

6:40pm BST

 

Seattle protesters seek to block access to Shell Arctic drilling rig

 

6:29pm BST

 

U.S. job openings hit record high; small businesses upbeat

 

6:20pm BST

 

UK regulator refers BT-EE deal for full investigation

 

5:32pm BST

 

China, Greece concerns a drag on European, U.S. stocks

 

5:24pm BST

 

UK stocks fall as HSBC overhaul fails to impress

 

FXpert, 5:10pm BST

 

Prosecutors search Deutsche Bank offices for client transaction evidence

 

4:47pm BST

 

Abrupt Deutsche Bank CEO change highlights risks - Moody's

 

4:47pm BST

 

HSBC to shed 50,000 jobs in quest for higher payouts

 

4:23pm BST

 

HSBC 'in foothills of prolonged period of dividend growth' - CEO

 

4:23pm BST

 

Greek PM calls for party backing as aid talks at 'crucial stage'

 

World 4:22pm BST

 

Greece could reach debt deal in coming days - EU's Dombrovskis

 

World 4:22pm BST

 

GCC countries need to slash public spending - World Bank

 

4:09pm BST

 

ECB supervisory chief says to stick to tough capital demands

 

4:07pm BST

 

Emirates airline says 'nothing to resolve' in Open Skies row

 

3:54pm BST

 

UK to sell new 30-year index-linked bond via syndication

 

3:44pm BST

 

France unveils 'Jobs Act' to boost hiring at small firms

 

3:18pm BST

 

French finmin says can be no ultimatums in Greece talks

 

World 2:47pm BST

 

Factbox - HSBC weighs HQ move with 11 point checklist

 

2:36pm BST

 

ECB's balance sheet rises to 2.428 trillion euros

 

2:20pm BST

 

Negative bets against UK supermarket stocks at record high - Markit

 

FXpert 2:18pm BST

 

Analysis - UK consumers set for biggest splurge in a decade as crisis recedes

 

UK, 2:13pm BST

 

Italy economy minister says confident Greece deal will come soon

 

World 2:07pm BST

 

HSBC to cut up to 8,000 UK jobs and rebrand British branches | btn_rel_video.gif

 

UK, 2:02pm BST

 

New Greek reform proposal not sufficient - EU officials

 

World 1:58pm BST

 

Greece working to revise proposal to seal deal by Wednesday - source

 

World 1:58pm BST

 

Germany's Schaeuble says differences remain with Greece

 

World 1:31pm BST

 

Fund giant PIMCO sees little risk of UK exit from EU

 

UK, 1:02pm BST

 

India noodle crisis: labelling dispute lands Nestle in hot water | btn_rel_video.gif

 

1:00pm BST

 

Saudi ministry says higher oil output driven by demand

 

12:59pm BST

 

M&S exploring launch of 'Sparks' loyalty card - source

 

12:13pm BST

 

HSBC's 'Asia pivot' shortens odds of Hong Kong HQ move

 

12:10pm BST

 

Austrian chancellor wants five-year plan for Greece

 

World 11:59am BST

 

Household demand, investment drives first-quarter euro zone GDP

 

11:50am BST

 

Greece says proposal aims to bridge gap on fiscal targets, address debt

 

World 11:36am BST

 

EU Commission says received new Greek proposals on Tuesday

 

World 11:36am BST

 

Markets not pricing in enough Fed rate risk - PIMCO's Balls

 

10:31am BST

 

Trafigura says Chinese business carrying as normal amid probe

 

10:04am BST

 

UK trade deficit falls to lowest in over a year in April

 

9:48am BST

 

Oxford Instruments slashes 7 percent of workforce

 

Japan 9:25am BST

 

KKR, Carlyle among firms invited to bid for Tesco's South Korea unit - sources

 

9:22am BST

 

Former Centrica boss to head 3.3 billion pound energy investment fund

 

9:17am BST

 

U.S. fund Elliott seeks injunction to block Samsung's $8 billion asset shake-up

 

8:28am BST

 

China's soft May inflation increases calls for fiscal stimulus

 

7:47am BST

 

Austria becomes battleground in fight over mobile mergers

 

7:06am BST

 

Insight - Private investors look but do not leap at Mexican energy projects

 

Special Reports 6:41am BST

 

UK retail sales recover in May, helped by housing market

 

3:31am BST

 

China's Industrial Bank cooperates with authorities on probe into illegal fund-raising

 

2:41am BST

 

PBOC to skip open market operations on Tuesday - traders

 

2:37am BST

 

Fiat Chrysler CEO asks investors for help persuading GM to merge - WSJ

 

2:36am BST

 

Apple muscles into streaming music market | btn_rel_video.gif

 

1:56am BST

 

Japan's Amari: up to markets to decide if FX moving in line with fundamentals

 

Japan 1:22am BST

 

Apple muscles into streaming music market | btn_rel_video.gif

 

12:44am BST

 

HSBC boss prepares to axe jobs, businesses in strategy refresh

 

Middle East 12:16am BST

 

UK retail sales recover in May, helped by housing market

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Iceland: The economy that came in from the cold?

 

 

53-Glacier-Lagoon-AFP.jpg

Seven years after its bloated banking sector imploded, Iceland is finally lifting capital controls. Is this the final stage of the country’s economic rehabilitation? Or could it plunge back into crisis?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

HSBC brand to disappear from UK's high streets as bank renames branches

 

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Chief executive says HSBC will rename its UK retail arm after it has been ring-fenced - though the new name has yet to be chosen

 

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UK must hold EU referendum quickly, warns Pimco

 

Delaying a vote on membership poses a risk to investment, says bond giant

 

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Greece inches closer to a deal with fresh proposals

 

Negotiators have submitted a new plan thought to include tougher austerity targets

 

Marks & Spencer looking at launching loyalty card called 'Sparks'

 

M_S_3335742d.jpg

The membership scheme would reward food and clothing customers with exclusive benefits and personalised offers, rather than awarding points for every pound spent

2 Comments

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GSK investigator 'released early from Chinese prison'

 

Peter Humphrey and his American wife were sentenced to two and a half years in a Chinese jail in August last year for illegally obtaining private records of Chinese citizens

Comment

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BT targets pay-TV glory with 'free' Champions League offer

 

Telecoms giant encourages Sky customers to ditch their dish as it unveils £900m football push

 

Saudi Arabia says it's pumping more oil to meet higher demand

 

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Oil prices spike after Saudi Arabia refutes report that it was pumping more crude to compensate for lower prices

 

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Virgin Atlantic pushes regulators to examine Aer Lingus deal

 

Airline boss wants authorities to take "hard look" at IAG's €1.4bn bid

 

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EE seeks mobile growth with 4G-connected camera

 

Mobile operator launches GoPro-style device with built-in internet connection for live streaming

 

Arriva 'delighted' as it profits from scandal at rival Abellio

 

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Arriva has secured a contract lost by Abellio after "strange turn of events"

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Federal Panel Weighs Approving Two New Cholesterol Drugs

 

By GINA KOLATA 12:36 PM ET

 

 

An advisory panel to the F.D.A. is considering approving two drugs that dramatically reduce LDL cholesterol levels and could protect against heart attacks.

 

 

 

 

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Mark Makela for The New York Times

 

 

Square Feet

 

New Jersey Battles to Attract Food Businesses

 

By RONDA KAYSEN

 

Junior’s and Goya are among the long list of manufacturers and distributors who are being persuaded to set up shop or stay in the Garden State.

 

 

 

 

 

 

 

 

 

 

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In Risky Bet, Wilbur Ross Roots for Debt Deal in Greece

 

By JACK EWING 2:35 PM ET

 

Mr. Ross and others pumped billions into Greek banks, and now the fate of their money may hinge on Athens’s efforts to end an impasse with creditors.

 

10db-HSBC-thumbStandard-v2.jpg

HSBC to Cut About 50,000 Jobs in Major Overhaul of Global Business

 

By CHAD BRAY

 

The British bank plans to shed up to 25,000 full-time jobs and another 25,000 by selling units in Brazil and Turkey, while increasing investment in Asia.

 

motors-web1-thumbStandard.jpg

Mary Barra Stands Firm on G.M.’s Going It Alone

 

By BILL VLASIC 10:31 AM ET

 

Speaking before the annual shareholders meeting, the chief executive said the company had no interest in pursuing merger discussions with Fiat Chrysler.

 

10gsk-web1-thumbStandard.jpg

British Investigator Peter Humphrey Is Released From Chinese Prison

 

By DAVID BARBOZA 9:50 AM ET

 

Mr. Humphrey was working on a whistle-blower inquiry for GlaxoSmithKline when he was arrested, in a case that shocked the international community.

 

apple-music-thumbStandard.jpg

Apple Music Is Unveiled, Along With Operating System Upgrades

 

By BRIAN X. CHEN

 

The new streaming service, which will cost $10 a month, will compete with Spotify and be offered alongside an overhauled iTunes Radio.

 

 

 

uberchina-web1-thumbStandard-v2.jpg

Uber Spends Heavily to Establish Itself in China

 

By PAUL MOZUR and MIKE ISAAC

 

Faced with homegrown competition in China, the ride-hailing service is offering its Chinese drivers bonuses of up to three times fares.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Exclusive - Towers Watson, Shanda, CITIC vying for Russell Investments: sources

 

8:16pm BST

 

Apple Music faces antitrust scrutiny in NY, Connecticut - NYT | btn_rel_video.gif

 

8:14pm BST

 

Global stock markets halt selloff; Greece hopes lift Wall St.

 

FXpert 8:13pm BST

 

FTSE rallies off three-month low, boosted by StanChart, Sainsbury

 

FXpert 7:50pm BST

 

Alibaba's Ma sees $1 trillion in transactions in five years

 

7:47pm BST

 

HSBC's investment bank to shed clients, assets in profitability push | btn_rel_video.gif

 

7:29pm BST

 

UK clamps down on markets after trader scandals

 

UK 7:06pm BST

 

Pressing for concessions, EU keeps Tsipras waiting | btn_rel_video.gif

 

World, 6:56pm BST

 

Eurogroup head says deal with Greece still possible by June 18

 

World 6:43pm BST

 

Merkel, Hollande to tell Greek PM to talk to creditors - spokesman

 

World 6:03pm BST

 

ECB's Coeure says any euro exit would be warning for Europe - French publication

 

World 5:55pm BST

 

ECB worried about political pressure on Irish banks - regulator

 

5:31pm BST

 

Banks line up 250 million euro loan for 3i’s Weener buy

 

5:29pm BST

 

Factbox - UK review seeks to clean up forex, commodity, bond markets

 

UK 5:22pm BST

 

AstraZeneca R&D boss Morrison leaves to head private drugmaker

 

5:20pm BST

 

ECB increases emergency funding for Greek banks

 

World 5:16pm BST

 

Oil up after U.S. stockpile draw, profit-taking pares gains

 

5:16pm BST

 

UK government to sell a further 15 percent of Royal Mail

 

UK, 5:16pm BST

 

FTSE rallies off three-month low, boosted by StanChart, Sainsbury

 

FXpert 5:08pm BST

 

Leftist firebrands make compromise a hard sell for Greece's Tsipras

 

World 5:02pm BST

 

Tsipras met EU's Juncker in Brussels, to meet again Thursday - Greek official

 

World 4:58pm BST

 

NIESR estimates economy grew 0.6 percent in three months to May

 

4:06pm BST

 

Sainsbury's says growth plan working despite falling sales | btn_rel_video.gif

 

3:10pm BST

 

Insight - As Greece lurches towards default, businesses hit the wall

 

Special Reports, 2:12pm BST

 

Greece must continue talks with int'l creditors, says Merkel

 

World 2:10pm BST

 

Osborne seeks to bind successors to budget surplus goal

 

UK, 1:46pm BST

 

LPC-Lenders set to take control of UK's Cory Environmental

 

Sport 1:44pm BST

 

OPEC says oil market oversupply to ease, but raises output again

 

1:34pm BST

 

Italy unlikely to approve bad bank loan measures by end-June

 

1:28pm BST

 

Ant Financial, Alibaba's finance affiliate, shakes up leadership

 

1:25pm BST

 

Regulators see slow progress on who pays for failed clearing house

 

1:23pm BST

 

India's Jan-March current account deficit narrows to 0.2 percent of GDP

 

1:20pm BST

 

Head of Greece's biggest port Piraeus resigns

 

World 1:18pm BST

 

LSE and Haitong Securities to work to bring Chinese firms to London

 

1:01pm BST

 

China threatens to cut unspent fiscal budgets in 2016

 

12:58pm BST

 

Greek bailout extension possible but not on agenda - Germany

 

World 12:55pm BST

 

Greek PM to meet EU's Tusk in Brussels shortly - PM office

 

World 12:29pm BST

 

Merkel could talk with Tsipras on Weds if he requests meeting

 

World 12:24pm BST

 

EU Commission's Juncker has no plans to meet Greek PM on Wed

 

World, 12:14pm BST

 

EU Commission - latest Greek reform proposal not what was agreed

 

World 12:14pm BST

 

Greek leader seeks party backing as EU warns on cash deal hopes | btn_rel_video.gif

 

World, 12:12pm BST

 

Exclusive - Ireland calls time on funds directors with dozens of roles

 

11:47am BST

 

New StanChart boss Winters says bank must strengthen finances

 

11:45am BST

 

First Irish housebuilder to float since 1997 makes strong debut

 

11:10am BST

 

UK's Dialight slashes forecast as oil customers delay orders

 

10:58am BST

 

MSCI puts decision to include China 'A' shares in index on hold | btn_rel_video.gif

 

10:52am BST

 

Rolls-Royce forms gearbox production JV with Germany's Liebherr-Aerospace

 

Aerospace & Defence 10:36am BST

 

No Merkel-Hollande-Tsipras meeting planned for now - French source

 

World, 10:22am BST

 

Oil and gas boosts industrial output, manufacturing hit by pharmaceuticals

 

FXpert 9:57am BST

 

Vodafone kicks off British broadband roll-out

 

UK 9:45am BST

 

Weir expects full-year results to be weighted towards second half

 

9:25am BST

 

Barry Callebaut names Unilever food boss as new CEO

 

9:25am BST

 

Marketing push helps online fashion retailer Boohoo to sales rise

 

8:50am BST

 

Supermarket Iceland profits slump after 'challenging' year

 

8:30am BST

 

FirstGroup sees improving bus units offsetting shrinking rail arm

 

7:54am BST

 

Budget airline Flybe reports full-year loss

 

Aerospace & Defence 7:52am BST

 

Analysis - Calling time on zero rates and QE

 

FXpert 7:06am BST

 

BOJ's Kuroda says further yen weakness unlikely, sparks rally

 

Japan 6:20am BST

 

Insight - Canada's top pension plan signals big ambitions with GE deal

 

Special Reports, 6:11am BST

 

BOJ's Kuroda - further yen weakness unlikely on REER basis

 

Japan 5:22am BST

 

Airbus' long-range A321neo draws interest, BOC CEO says

 

Aerospace & Defence 5:17am BST

 

Asia oil and gas banker Martinez quits HSBC to join Barclays - source

 

4:19am BST

 

BOJ's Kuroda says no talk at G7 about strong dollar

 

Japan, FXpert 4:09am BST

 

Wall Street closes flat as investors ponder interest rates, Greece

 

12:48am BST

 

Oil up more than 3 percent in broad rally ahead of stockpile data

 

FXpert 12:44am BST

 

British companies call for government action on climate change

 

UK, 12:15am BST

 

Scrapping UK air travel tax would boost economy, airlines say

 

UK, Aerospace & Defence 12:12am BST

 

Osborne set to sharpen deficit-cutting commitment

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

The 'age of irresponsibility is over' says Bank of England head as he promises crackdown on rogue traders

 

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Governor Mark Carney says the “age of irresponsibility” in the City of London is over

 

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Merkel's Germany offers up 'one reform' deal to embattled Greece

 

“Where there’s a will, there’s a way,” says German Chancellor

 

Government to sell 15pc of Royal Mail overnight

 

royal-mail_2695354d.jpg

 

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UK economy is growing stronger, says NIESR

 

National Institute for Economic and Social Research says economic growth picked up in the three months to May

 

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North Sea faces 'recession of confidence' from oil slump

 

Trade body warns on impact of lower oil prices offshore of Aberdeen

22 Comments

 

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Iceland suffers sharp fall in sales and profits

 

Frozen food retailer, whose products are advertised by Peter Andre, suffers as shopping habits change

 

British reliance on trade with the EU falls to an all-time low

 

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UK goods exports to the EU fell to the lowest level on record in April

 

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Laura Ashley deputy suffers shareholder rebellion

 

Floral furnishings group reveals 46pc of independent shareholders voted against its long-serving deputy chairman

 

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Vodafone makes belated broadband debut in shadow of Liberty Global talks

 

Mobile operator's UK arm plays catch-up on bundles of mobile and fixed-line telecoms

 

Supermarket shares soar as Sainsbury's suggests worst is over

 

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J Sainsbury suffers another fall in sales as supermarkets battle changing shopping habits

 

Osborne's plan to make budget deficits illegal could change the rules of politics forever

 

Bond crash across the world as deflation trade goes horribly wrong

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Microsoft Picks Unusual Place to Make Its Giant Surface Hub: The U.S.

 

By NICK WINGFIELD

 

 

The touch-screen computer, which costs up to $20,000, will be manufactured in Oregon, joining a rare group of tech products that are made in America.

 

 

 

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LM Otero/Associated Press

 

 

E.P.A. Says It Will Set Rules for Airplane Emissions

 

By JAD MOUAWAD and CORAL DAVENPORT 1:57 PM ET

 

The initiative is part of a broad drive by the Obama administration to combat global warming.

 

 

 

 

 

 

 

 

 

 

 

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Andrew Lack Returns to NBC News Amid Turmoil

 

By JOHN KOBLIN

 

Mr. Lack has returned to network news, a place he is said to be comfortable. But that doesn’t mean he isn’t facing some uncomfortable decisions.

 

 

U.S. Shifts Stance on Drug Pricing in Pacific Trade Pact Talks, Document Reveals

 

By JONATHAN WEISMAN

 

A newly leaked Trans-Pacific Trade Partnership annex dated December 2014 reveals the Obama administration is no longer demanding protection for pharmaceutical prices.

 

 

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Johnson Controls to Weigh a Breakup

 

By ANDREW ROSS SORKIN and MICHAEL J. de la MERCED

 

The industrial parts maker is considering spinning off its auto parts arm to focus on other divisions like its building air-conditioning operations.

 

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Spotify Sells 1.4% Stake for $115 Million

 

By BEN SISARIO 11:25 AM ET

 

TellaSonera, a Swedish telecom company, announced that it had acquired the stake in the streaming music service.

 

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Global Index May Add Chinese Stocks, Fueling Investment

 

By NEIL GOUGH

 

MSCI, which compiles the index, says it will work with regulators to assure that China’s markets are prepared for the move.

 

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In Germany, Grass-Roots Opposition to a European-U.S. Trade Deal

 

By JAMES KANTER

 

While Germany is one of the countries most likely to benefit from such a deal, polls show that the country has among the strongest public opposition.

 

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Wall St. Courts Start-Ups It Once May Have Ignored

 

By NATHANIEL POPPER

 

The titans of finance no longer keep their distance from small tech firms but actively support them as sources of potential tools they once would have developed themselves.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Link to post
Share on other sites

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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