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World Markets

Cyprus: Big Lie of the Financial Crisis Finally Explodes

Adrian Ash | Posted 18.05.2013 | UK Politics
Read More: Depositors, Gold, Banks, Financial Crisis, Cyprus, European Parliament, Greece, Economics, Banking, European Union, Europe, Eu, World Markets, UK Politics News
Adrian Ash

Putting cash on deposit makes you a creditor. And in financial crises, the creditor always pays in the end (borrowers can't; they don't have any money). Whether through inflation, default or a 'levy', savers are sure to suffer in the end.

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Greek Vote For Euro Cheers Markets

PA/The Huffington Post UK | Posted 17.08.2012 | UK
Read More: Eurozone, UK News, Greece, Eurozone Crisis, IMF Bailout, New Democracy, Slideexpand, World Markets, Greek Elections, UK News

A narrow election win for Greece's pro-bailout party New Democracy cheered investors today in the hope that the embattled country has bought more time...

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World Markets Fall Over US Debt Deal Fears

Daily Telegraph | Posted 23.09.2011 | UK
Read More: Global Financial Crisis, Barack Obama, John Boehner, US Debt, Republicans, US Economy, World Markets, Democrats, Wall St, UK News

European and Asian markets dropped as US lawmakers remained deadlocked over a deal to raise Washington's debt limit that is crucial to avoid a US defa...

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