Posts Tagged ‘Credit crunch

06
Jul
09

Is there any excuse for a pay rise?

payIn the UK the Chancellor and the head of the government’s spending watchdog are talking about pay freezes for millions of public sector workers.

This trade unionist thinks it’s unfair.
Continue reading ‘Is there any excuse for a pay rise?’

19
Sep
08

On air: Should governments control the Markets?

It’s been a jittery week to say the least on the world financial markets. We’ve seen US investment bank Lehman brothers go bust, Merrill Lynch being forced to sell itself to Bank of America, a multi billion dollar bailout of insurance giant AIG and a takeover of British bank HBOS by rival Lloyds TSB. Continue reading ‘On air: Should governments control the Markets?’

17
Sep
08

Talking Points 17th September

Goodmorning it’s Karnie with you today.  Thanks to Will in Canada for looking after the blog for us.

There has been a sharp increase in the number of civilian casualties in Afghanistan this year.  According to the UN, every month things get worse and the number of civilian deaths increase.  Continue reading ‘Talking Points 17th September’

08
Sep
08

On Air: Should taxpayers pay the price for bad business decisions?

It’s the largest bail out in US history. Yesterday the US Treasury Secretary Henry Paulson announced that mortgage giants Freddie Mac and Fannie Mae have been taken over by the US government. President Bush said it was because they posed “an unacceptable risk” to the economy. Continue reading ‘On Air: Should taxpayers pay the price for bad business decisions?’

21
Apr
08

Should politicians help out the banks?

In a move designed to prevent the credit crisis causing more damage to the banking system and the economy, the Bank of England has announced details of a $100 billion bank rescue plan.

Continue reading ‘Should politicians help out the banks?’

10
Apr
08

How can you just lose a trillion dollars? Where has it gone?

The International Monetary Fund said this week that losses from the global credit crunch could end up totalling a trillion dollars. But where does that money go? How on earth do you lose a trillion dollars? It’s not like just dropping your wallet on the bus? When one person loses surely another person gains? Continue reading ‘How can you just lose a trillion dollars? Where has it gone?’

21
Mar
08

Will it get worse before it gets better?

Hello from Newshour. It’s been a rotten week for the financial markets – above all in the US and the UK. It began with the US investment bank Bear Stearns getting itself into such trouble that it was sold for a song to JP Morgan Chase.

Continue reading ‘Will it get worse before it gets better?’




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