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Tag Archives: economic

Greece Debt Talks Fail, Greece Doomed ?

The $173 Billion bailout talks critical for Greece’s survival failed after political leaders failed to accept the entire batch of new austerity measures that are demanded by creditors but have fueled outrage in the recession-hit country. After marathon meetings with party leaders and international debt inspectors that ended about 5 a.m. (0300GMT), Finance Minister Evangelos Venizelos headed to Brussels to ... Read More »

Websites are down protesting SOPA

Hundreds of websites are down today protesting the SOPA , a bill if introduced could take away your internet freedom. Among the hundreds to oppose the bill, are Google, Wikipedia, Boing Boing, Reddit, Minecraft, Firefall, Scribd, Facebook who have joined unanimously to go against the US senate I have already covered an article on how dangerous the SOPA bill could ... Read More »

New Euro Governance in Making?

The Continual slump in Euro economy with almost all European countries such as UK, Greece, Ireland, Spain, Portugal, France, German, Iceland, Portugal  in deeper debt crisis. France and Germany today have called for new economic governance which they term as true Euro Governance Speaking at a joint news conference, German Chancellor Angela Merkel and French President Nicolas Sarkozy urged much ... Read More »

France and Germany officially out of Recession

The European countries France and Germany have declared that their economy has grown by 0.3%  taking into account from April to June, which makes them the first to exit recession. Experts on the other hand said that they had expected this growth from the European nations and is not surprise that they exit the recession. French Finance and Economy Minister ... Read More »

Worst is over in economic crisis: Obama

American President Obama now came out publicly quoting that the worst of economic downfall that had swept America is finally over. Obama says that, the rating of employment in America is better than the last 15 months that proves the economic is gaining. But all other Economic experts stand opposite to Obama speech stating, the country has way long to ... Read More »