How mismanagement of banks can lead to global bankruptcy
After investigating the case of JP Morgan, the error resulting in a loss of over two billion dollars, …
ali Archive
JP Morgan trading losses could reach $9 billion
Shares of JP Morgan Chase & Co., the largest U.S. bank, have dropped sharply today, during the pre-opening …
The world economy is in a catch-22 situation
The world economy has entered a vicious circle in which the efforts of governments, businesses, financial sector and …
Islamist Mohamed Morsi come to power in Egypt
Muslim Brotherhood candidate, Mohamed Morsi won the presidential elections in Egypt, according to results announced this afternoon by …
RBS chief: “Resolving the crisis in Europe will take years”
Stephen Hester, CEO of the Royal Bank of Scotland (NYSE:RBS), said that finding a solution to the crisis …
Head of UN observers in Syria announced the suspension of patrols
Head of UN observers in Syria, General Robert Mood, announced on Saturday the suspension of their mission in …
Merkel: Germany alone can not save the world economy
In a speech in the Berlin Parliament, Angela Merkel said that the debt crisis and Germany’s role in …
Corporate profits on Wall Street, weathered by the Greek crisis
Wall Street corporate profits are eroded by the turbulence caused by the crisis in Greece, after bankers and …
U.S. drones raid in Pakistan kill number two in Al-Qaeda hierarchy
Unmanned U.S. planes raids, which have killed 15 suspected insurgents Monday morning in the tribal region of northwest …
Former Egyptian president Hosni Mubarak was sentenced to life in prison
Former Egyptian President Hosni Mubarak, aged 84, was sentenced Saturday to life in prison for the killing of …