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Category Archives: Uncategorized
Moodys warns of Australian Property Bubble
It’s a familiar story to those in the USA & Europe but it seems the Australian property market has got a lot of the characteristics of the credit fueled calamity that befell the economies of the USA, UK, Ireland and … Continue reading
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Irish Government to Create Deposit-Only Bank
The dublin government is to split Anglo Irish Bank retaining a deposit-taking unit while winding down the troubled lender’s other activities over time. The announcement on Wednesday followed an emergency cabinet meeting to discuss the plight of the nationalized property … Continue reading
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Irish Company changes Scottish soccer sponsorship strategy
Tennents Lager, owned by Irish Company C&C Group PLC, has announced that it is to end its 36 year relationship with the Scottish Football Association (SFA) the governing body for Soccer in Scotland. Instead the Irish company has announced that … Continue reading
Posted in Politics, Sport, UK, Uncategorized, United Kingdom
Tagged C&C, Glasgow Celtic, Glasgow Rangers, Magners Cider, Scottish Football, SFA, Tennents
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Former Irish PM, Bertie Ahern, rules out run for Dublin mayor
Considered by many as the architect of Ireland’s particularly deep recession, former Irish Prime Minister (Taoiseach) Bertie Ahern, has ruled out running to be first directly elected mayor of the state’s capital, Dublin. When questioned Tuesday on the issue, Mr … Continue reading
BP makes loss for first time in 7 years
Despite seeing a 39% jump in Profits for the year to 31 Dec 2008 to $25.6bn, BP, the second-biggest oil company in Europe has announced its first quarterly loss in seven years as the global recession spurred a record plunge … Continue reading
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Tagged BP, oil company, Oil compnaies, oil demand, Oil prices, peak oil my ass
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US Airways plane crash-lands in Hudson river NY
A USAirways Airbus Jet has crash landed in the Hudson River in New York this afternoon. The plane with 146 passengers on board, stayed afloat in the water and the rescue of passengers is currently underway as I write (4:30pm EST) … Continue reading
Posted in Danger, Travel, Uncategorized, USA
Tagged Aviation, Aviation risks, Aviation safety, Hudson river, La Guardia, New York, Plane Crash, US Air, US Airways
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FBI 10 Most Wanted
FBI sharing their LIVE 10 most wanted list. It’s kind of cool and I like to do my bit for the world: [clearspring_widget title=”FBI 10 Most Wanted” wid=”4918afbf75b4da7f” pid=”4937bf317878b3fd” width=”304″ height=”454″ domain=”widgets.clearspring.com”]
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Executive pay – UBS to ask for bonuses back
The Swiss bank UBS set out a tough new pay system on Monday that could see senior executives “fined” or forced to repay their bonuses if they under-perform in years of hefty losses. In a proclamation of “the end of … Continue reading
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US recession to last 14 months
Economists in the private sector in the US believe that the economy fell into recession in the spring and now predict a sharp contraction in the fourth quarter of this year according to a Federal Reserve Bank of Philadelphia survey … Continue reading
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Tagged bear market, Credit Crunch, economic downturn, Economy, Obama, recession, Travel, US economy, USA
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Oil price collapses amid economic fears
The price of oil has fallen almost 40% since its peak on July 11 of $147.27. Today Oil traded below $92
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London Stock Exchange crashes to a halt
An embarrassing computer failure at the London Stock Exchange (LSE) left City traders unable to cash in on a worldwide stock market boom for much of today. The US government nationalisiation of
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McCAin to fight on American Values platform
John McCain urged all Americans to fight for their country, to make history, and to rid Washington of its “constant partisan rancour” last night as he accepted the presidential nomination of the Republican Party. The 72-year-old senator from Arizona declared … Continue reading
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Stevie Wonder to be honored by US government
Soul legend Stevie Wonder is to receive a prestigious honour from the US government for his lifetime of contributions to
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Stuff going on in the world 