Capitalism, too big to fail?
For those of us who are relative financial ignoramuses, is this the financial world of the madhouse? Jon Sno blogs on the Ireland bailout and the “failue of capitalism”.
31 items found
Italy’s lower house of parliament has approved a 48bn euro austerity package to try to calm a financial market storm which has sent Italian borrowing costs soaring in recent days.
Brian Lenihan, the finance minister who led Ireland through the financial crisis, has died at the age of 52. He passed away at home surrounded by his family after a battle with pancreatic cancer.
Britain will not pay a penny more than its legal obligations to help bail out Portugal, George Osborne stresses, as finance ministers meet in Budapest to thrash out a rescue package.
Fianna Fáil will bear the brunt of an angry Irish electorate, but is a Fine Gael government more of the same, asks Dr Peter Stafford, an economic and political analyst based in Dublin.
Irish Prime Minister Brian Cowen has said that he will stay on as leader of the Fianna Fail party for the best interests of the country after calls for his resignation.
As the Irish PM Brian Cowen announces his intention to stay on as party leader, Irish expert Dr Peter Stafford sees echoes of both Gordon Brown and Margaret Thatcher in his decisions.
Exposure to Ireland’s crippled economy will force Lloyds Banking Group to write down more than £4bn of loans – a “not helpful, but not life-threatening” step, one analyst tells Channel 4 News.
For those of us who are relative financial ignoramuses, is this the financial world of the madhouse? Jon Sno blogs on the Ireland bailout and the “failue of capitalism”.
A chance encounter with two young Irish entrepreneurs on a train.
Negotiations over a multi-billion euro bailout with the IMF and EU continue, as the Irish Government faces calls for a General Election from a coalition partner. Faisal Islam examines the budget plan.
As Chancellor George Osborne tells MPs it’s in Britain’s interest to take part in the Irish bailout, the Irish Premier promises an election in the New Year.
As Ireland negotiates terms of the multi-billion pound bailout, details of the government’s austerity measures emerge with welfare, jobs and minimum wage facing heavy cuts, writes Faisal Islam.
Ireland locks horns with the IMF and EU experts to discuss plans for a possible bailout. Dr Peter Stafford writes for Channel 4 News about the missed Irish warning signs and the man who told them so.
I’ve just been talking to the Chancellor George Osborne at a briefing in Brussels after his lunch with fellow European finance ministers about the Irish debt question.
Britain could make bilateral loans to Ireland to prop up its economy – a move which would have been “unthinkable” until this week, as Faisal Islam writes.