This image was posted on BP’s main website until yesterday. Look at all of those people working so hard to stem the oil disaster! Now look a little closer. Now be appalled that it’s egregiously—and very, very poorly—photoshopped. Americablog first caught the deception, which wasn’t terribly hard to catch given what a sloppy job BP [...]
Posts Tagged ‘crisis’
Dubai’s Other Face
Posted: 1st December 2009 by Simo Häyhä in Economy | FinanceTags: bulding, burj, crisis, dubai, money, real estate
Check Out Dubai’s Story in Pictures
Homeless Bottle Collector Becomes Stock Trader
Posted: 14th October 2009 by Veritas in Economy | Finance, Happy NewsTags: bottle, crisis, drinking, homeless, Russia, stock, trader
A 63-year-old homeless Russian man has gone from street life to stock market trader after collecting thousands of empty booze bottles for cash, a popular Russian tabloid reported on Tuesday.
Iceland Passes Bill to Start Repayment Process
Posted: 28th August 2009 by Veritas in Economy | FinanceTags: bank, crisis, debit, Economy | Finance, financial, Iceland, Parliament
REYKJAVIK – Iceland’s parliament approved on Friday a bill to repay Britain and the Netherlands more than $5 billion lost in Icelandic deposit accounts, a move seen paving the way for further aid to repair the crisis-hit economy.
Geithner Wants More Control Over Derivatives
Posted: 11th July 2009 by Veritas in Economy | FinanceTags: bailout, bernake, commission, commodity, crisis, derivatives, Economy | Finance, financial, frank, futures, geithner, Obama, oversight, Recession, trading, treasury, wall street
WASHINGTON – Obama administration officials outlined comprehensive proposals to rein in the free-wheeling market in financial derivatives on Friday, which has been blamed for helping to create the global economic crisis, and proposed stronger investor protections. More administration proposals are expected in coming weeks to expand the powers of the federal agencies that oversee trillions [...]
Tori Amos Tackles Economic Crisis on New Album
Posted: 8th May 2009 by Veritas in RandomnessTags: album, amos, crisis, Economy | Finance, Entertainment, Music, tori
U.S. singer and songwriter Tori Amos says she was inspired by the financial crisis to question the definition of power and success in relationships on her latest album “Abnormally Attracted To Sin.” Amos is known for her emotionally heavy songs about topics such as sexual abuse and religion and her 10th studio album, to be [...]
IMF Predicts Deeper Recession in 2009
Posted: 22nd April 2009 by Simo Häyhä in Economy | Finance, PoliticsTags: bail out, crisis, depression, export, global, IMF, import, nations, Recession, trade
The global economy is set to decline by 1.3% in 2009, in the first global recession since World War II, the International Monetary Fund (IMF) says.
No Winners in Thailand’s Crisis
Posted: 15th April 2009 by The Dude in PoliticsTags: asia, Bangkok, campaigns, crisis, Pattaya, Politics, protest, thailand, uprising
Nobody won. That is the only conclusion that can be drawn from the chaotic events in Thailand over the past few days. Certainly not the red-shirted United Front for Democracy against Dictatorship (UDD), whose attempted uprising degenerated into a series of chaotic clashes with the army that left a wake of destruction on the streets [...]
Insolvent Banks Will Shackle and Continue to Slowdown US Economy
Posted: 6th April 2009 by Simo Häyhä in Economy | FinanceTags: banks, crisis, insolvency, recovery, reserve currency, Soros
“In the long run, having an international accounting unit other than the dollar may be to our advantage,” Soros said. NEW YORK (Reuters) – The U.S. economy is in for “a lasting slowdown” and won’t recover this year, while “the banking system as a whole is basically insolvent,” billionaire investor George Soros told Reuters Financial [...]
Lybian Leader Gaddafi Storms Out of Arab League Summit
Posted: 30th March 2009 by Simo Häyhä in PoliticsTags: arab league, crisis, gaddafi, leaders, lybia, sudan, summit
Libyan leader Muammar Gaddafi has stormed out of the Arab League summit in Qatar having denounced the Saudi king for his ties with the West. He disrupted the opening session by criticising King Abdullah, calling him a British product and an American ally. Col Gaddafi has angered Arab leaders in the past with sharp remarks [...]
Population Growth, Climate Change Sparking Water Crisis: UN
Posted: 12th March 2009 by The Dude in Lifestyle, Mother Nature, PoliticsTags: climate, crisis, freshwater, growth, population, supply, UN, water
Surging population growth, climate change, reckless irrigation and chronic waste are placing the world’s water supplies at threat, a landmark UN report said on Thursday. Compiled by 24 UN agencies, the 348-page document gave a grim assessment of the state of the planet’s freshwater, especially in developing countries, and described the outlook for coming generations [...]