Tag Archives: rescue

The End of Globalisation – World – October 2008

Journeyman Pictures The global financial machine has ground perilously close to a halt. This timely film explores what went wrong with economic globalisation. How could the financial world have miscalculated so badly? We define what globalisation means in terms of … Continue reading

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Literal Lucy to the rescue: A new way to distinguish between literal meaning and contextual meaning

Alyson Reed EurekAlert Washington, DC – A new linguistic study of how individuals interpret various types of utterances sheds more light on how literal and contextual meaning are distinguished. The study, “A novel empirical paradigm for distinguishing between What is … Continue reading

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IMF push for $1 trillon rescue fund to cost UK £15bn

Source: Telegraph Downing Street says Britain is ready to consider a request for extra funds from the International Monetary Fund, which is seeking to boost its firepower to around $1 trillion to safeguard the global economy. The government made the … Continue reading

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Greek rescue blocked by hedge fund greed

Source: Independent Financiers who bought ‘distressed’ Greek debt insist on making vast profits from the crisis. A group of hedge funds is threatening to block a last-ditch attempt to save Greece from defaulting on its huge debt pile, unless they … Continue reading

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