Browsing All Posts By Kurt Osterberg
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EU leaders sanction Iranian oil and gas sector
The measures go substantially beyond the sanctions the UN agreed on June 10 and are designed to pressure Tehran to return to talks over an uranium enrichment programme Western powers believe is design... -
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Bank of England pushes for more ABS transparency
Britain’s central bank proposed these changes in March 2010 and aims to begin a phased introduction of the new criteria in 2011. There will be no grandfathering. “The feedback is supportive in pri... -
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Lehman Europe creditors could get speedier payouts
Thousands of creditors of bankrupt US investment bank Lehman Brothers owed about $22bn will be offered earlier cash payments if they are willing to accept lower valuations on their claims. PwC, which ... -
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Scrapping, tough economy hit May Europe car sales
New passenger car sales fell 9.3 percent in May in the EU as the effects of government support for the car industry slipped away and the economic environment remained difficult, industry association A... -
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Resolution plans cash call to fund AXA deal
Acquisitions vehicle Resolution said it would fund its planned takeover of French insurer AXA’s British life operations by raising £2bn ($2.91bn) in a rights issue. The acquisition would cost a tot... -
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Spain says has not, will not make EU aid request
Spain’s economy ministry has said it had not made a request for economic aid from the EU, after a newspaper report that the EU was preparing to activate a package in case Madrid asked for it. “Thi... -
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South Korean FX controls loom
South Korea’s government, alarmed by the wild swings of the won in turbulent markets, is close to slapping new controls on currency trading, though a news report that banks will get two years to com... -
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Germany, France press EU over ban on short selling
German Chancellor Angela Merkel and French President Nicolas Sarkozy have urged European Commission President Jose Manuel Barroso to consider an EU-wide ban on short selling of shares and state bonds.... -
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The age of the atom
One of the founding principles of traditional economic theory, is that when making economic decisions, we are independent. Like self-contained atoms in a gas, we only interact by bumping up against ea... -
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Cameron says Britain must heed Greek warning
Prime Minister David Cameron has told Britons the scale of the country’s budget problems is even worse than he had anticipated and cited crisis-hit Greece as an example of the risk of failing to act...
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The Importance for Individuals to Use Sustainable Chemicals
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Small Businesses: Finding the Right Candidate for the Job
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How to Write the Perfect Thank You Letter After Your Job Interview
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3 Best Large-Cap Blend Mutual Funds For Enticing Returns
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China suspected in massive breach of federal personnel data
