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Greece kicks off $3.6 Billion Program for Renewables Project
Greece is planning to beef up its renewable energy credentials and attract investors by auctioning solar and wind energy projects which will produce up …
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Uber Suspends Services in Greece
The ride-hailing service, Uber on Thursday announced it is shutting down one of the services, UberX in Greece. The announcement was made in the …
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Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default
When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this debt-ridden Euro nation, as well …
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U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold
With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could …
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Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk
Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt …
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EU fails to arrive at decision on bail-out to avert Greek Bankruptcy
“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted in a worrisome situation, with finance ministers of …
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Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan
George Papandreou, Prime Minister of Greece, is all set to announce a new cabinet in his latest effort to further push for austerity measures; …
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Markets fall with Bernanke’s speech on “frustratingly slow” recovery
Markets dropped accompanied by a weaker dollar with U.S. Federal Reserve Chairman Ben Bernanke expressing concerns about global economic recovery. While forecasting a pick-up …
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Eurozone Pressures Extend beyond Greece, to Spain and Italy
With Standard & Poor’s cutting their outlook on Italy’s economy from “stable” to “negative”, along with the massive political loss suffered by Spain’s Socialist …
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What will IMF chief Strauss-Kahn’s arrest mean for Eurozone aid?
The arrest on Saturday of IMF chief, Dominique Strauss-Kahn, has sparked off intense speculation as to how much this incident will affect the scale …
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Euro, European Markets fall on fears of Greece Ditching the Euro
The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related worries regarding an impending financial recession …
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Super Luxurious Sleepovers: World’s Most Expensive Hotels 2011
Business or pleasure, whatever your reason for staying over at one of these beyond-fancy hotels, the one thing you can be absolutely certain about …
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Leviathan – Israel’s disguised blessing!
Since 20 years, Yigal Landau, the co-director of Ratio Oil Exploration has been drilling oil and gas in Israel mostly unsuccessfully. He oversaw more …
