1.On Thursday, it was Liechtenstein and Andorra. On Friday, Austria, Luxembourg and Switzerland likewise decided to change their banking laws to allow for more cross-border cooperation. The days of European tax havens are numbered. Tax Havens Give In to EU Pressure 2. Major Vienna banks wanted to capture the Eastern European market and benefit from …
Links to some interesting articles: Ben’s big ZIRP! moment Italian Banks Surge Past Rivals THAT SINKING FEELING – Global Crisis Hits Shipping Industry Hard We will not prop up the pound, say MPs Markets get an ‘F’ in P/E – By The Mogambo Guru
The following are links to some interesting articles that you can checkout over this weekend: 1. Why The Dollar Is Getting Stronger – From Speigle Online by By Stanley Reed 2. Can the Footsie end 2008 above 4000? – By Philip Scott, This is Money 3. Finance, the American way – By The Mogambo Guru …
Photo: Tulips in The Netherlands 1.Dan Hyde of “This is Money” says in the article Stock markets: A history of boom and bust that “History is littered with stock market dips, shocks and crashes, throwing entire economies into turmoil. With the FTSE 100 down 23% on its recent high in 2007 and a potential recession …
1.The Nano Becomes a Costly Promise for Carmaker Tata Consumers seem to be getting second thoughts on this car and the car maker may not make profits anytime soon when this car is released in October this year. 2.Millions face £200 jump in power bills In Europe utility prices are increasing.This article talks about the …