UK strike over compensation cuts 9/03
Up to 270,000 British workers are on a two-day strike protesting against government plans to cut compensation payments to those who lose their jobs or take voluntary redundancy.
The strikers turned out across the UK, disrupting services nationwide, including airports, job centres, and various government facilities.
Officials say the plans, which are expected to be implemented next month, are necessary to save around $750m.
Al Jazeera's Alan Fisher reports from London.
UK strike over compensation cuts 9/03
Up to 270,000 British workers are on a two-day strike protesting against government plans to cut compensation payments to those who lose their jobs or take voluntary redundancy.
The strikers turned out across the UK, disrupting services nationwide, including airports, job centres, and various government facilities.
Officials say the plans, which are expected to be implemented next month, are necessary to save around $750m.
Al Jazeera's Alan Fisher reports from London.
Rob McEwen sticks with $2 000/oz gold by year-end 9/03
Goldcorp founder Rob McEwen is standing by his forecast that the price of gold will reach $2 000/oz by the end of 2010, he said on Monday.
Rob McEwen sticks with $2 000/oz gold by year-end 9/03
Goldcorp founder Rob McEwen is standing by his forecast that the price of gold will reach $2 000/oz by the end of 2010, he said on Monday.
Keiser Report №23: Markets! Finance! Scandal! 9/03
This time Max Keiser and co-host, Stacy Herbert, report on the fake shop fronts making a "revived" economy in Northern England; the Chile quake causing Goldman Sachs's high frequency trading to lose 2.1 trades per day; and the mobs in Indonesia, a "revolution" in Ireland and online media preventing an orderly transfer of wealth. Keiser also speaks to investigative journalist, Greg Palast, about the RICO case against US bankers and politicians and about vulture funds preying on the Third and First world economies.
Keiser Report №23: Markets! Finance! Scandal! 9/03
This time Max Keiser and co-host, Stacy Herbert, report on the fake shop fronts making a "revived" economy in Northern England; the Chile quake causing Goldman Sachs's high frequency trading to lose 2.1 trades per day; and the mobs in Indonesia, a "revolution" in Ireland and online media preventing an orderly transfer of wealth. Keiser also speaks to investigative journalist, Greg Palast, about the RICO case against US bankers and politicians and about vulture funds preying on the Third and First world economies.
Homeowners Paid To Walk Away 8/03
FBN's Liz MacDonald on the administrations new program to pay homeowners to sell their homes at a loss.
Homeowners Paid To Walk Away 8/03
FBN's Liz MacDonald on the administrations new program to pay homeowners to sell their homes at a loss.
Iceland's Debt May Be Cut to Junk 8/03
March 8 (Bloomberg) -- Report about Iceland's credit rating after voters rejected a proposed bill on repaying U.K. and Dutch loans made during the island's banking crisis. Ninety-three percent of voters rejected the so-called Icesave bill on March 6.
Copyright Bloomberg 2010
Iceland's Debt May Be Cut to Junk 8/03
March 8 (Bloomberg) -- Report about Iceland's credit rating after voters rejected a proposed bill on repaying U.K. and Dutch loans made during the island's banking crisis. Ninety-three percent of voters rejected the so-called Icesave bill on March 6.
Copyright Bloomberg 2010
Nationalisation a non-starter, SA Minister assures in Toronto 7/03
South Africa will not adopt a policy of nationalisation of mines, the country's Mineral Resources Minister Susan Shabangu asserted in Toronto on Saturday.
Nationalisation a non-starter, SA Minister assures in Toronto 7/03
South Africa will not adopt a policy of nationalisation of mines, the country's Mineral Resources Minister Susan Shabangu asserted in Toronto on Saturday.
China moves to cool housing market 6/03
China's real estate boom has further deepened the divide between the haves and the have-nots as the country's middle class struggles with soaring property prices.
Wen Jiabao, China's premier, on Friday pledged measures to curb speculation in the country's housing market and rein in soaring prices, but with real estate accounting for 10 per cent of GDP, making any changes would not be welcomed by investors.
The dilemma for Chinese leaders is finding a balance between their need for prices to stabilise, while avoiding a property price crash.
Al Jazeera's Melissa Chan reports from Beijing. (6 March 2010)
New Health Tax on Restaurants in San Francisco 05/03
National Action Against Obesitys MeMe Roth on taxing meals at restaurants as well as unhealthy food.
German People Against Bailing Out Greece 05/03
March 5 (Bloomberg) -- Thomas Wimmer, a partner at public relations firm Brunswick, talks with Bloomberg's Francine Lacqua about German attitudes towards a possible bailout of Greece.
Copyright Bloomberg 2010