Yet another take on the Doomsday financial crisis that is still rocking the world is set to be released in December and will take you on another fast-paced journey through the details of what went down.
We know we shouldn’t laugh at the misfortune of others but hey, we didn’t make this video ourselves. Enjoy a 1970’s inspired take on the mess Greece finds itself embroiled in.
The ANC is always full of surprises, but usually it’s individual members doing something. Here we get to see the entire party up in arms about their financial situation.
The state of the South African economy is always a worry, and now we are waiting on our latest GDP figures amid rumours that we are heading into a recession.
South Africa’s economy is experiencing an economic bubble similar to the kind that precipitated the downfall of Western economies in 2008. Even though the South African economy has received a bit of attention after the Rand fell considerably to the US Dollar, some analysts foresee a looming financial crisis in a couple of years for the emerging markets, including South Africa.
Top executives at Anglo Irish Bank have been caught on tape laughing and joking about how they would never be able to pay back the money they received from the state for bailouts.
The British Government’s former top advisor on narcotics, Professor David Nutt has claimed that the global financial crisis of 2008 was caused by widespread overuse and abuse of cocaine in the finances industry.
If this goes ahead, it will be the biggest company buyout since the financial crisis of the late 2000’s hit. A Dell Inc buyout deal currently floated would see the company flogged for near to $24 billion, with share prices valued between $13,50 to $13,75. Michael Dell, founder and Cheif Executive wants to privatise the […]
The US government is on the verge of announcing its $16 trillion debt, a figure that is 104% of the nation’s gross domestic product. That’s right folks, the US’s debt has officially overtaken its economy.
Spanish activists are raising a large private fund to pay for a civil action suit against Rodrigo Rato – the former chairman of Bankia, one of the banks central to the Spanish financial crisis. The fundraiser is following the usual decentralized online-activist structure, with members organizing themselves under the #QuerellaPaRato (“Lawsuit for Rato”) hashtag.
Two of South Africa’s nine provinces are nearing complete economic collapse, and they, with a third, are in need of financial bailout from central government, according to cabinet spokesperson, Jimmy Manyi. Care to guess which ones?