Economy

Greece in a Bankrupt Position

GreeceIt has been recently revealed that Euro zone countries are not able to reach at a final conclusion on Greece bailout matter. In order to discuss the matter, a meeting has been arranged in which Euro zone finance ministers would take part, said Evangelos Venizelos, who is the Greek Finance Minister.

Bank of America Faces Law Suit

Bank-of-AmericaAs per recent reports, it has revealed that a case has been registered against Bank of America, Wells Fargo and JPMorgan Chase over the access to a mortgage database. Confirming the news, New York Attorney General Eric Schneiderman said that they have filed a case against them as they led the state in a condition, in which, they were not able to assess foreclosures.

US Keen on Reducing Greenhouse Gas Emissions

US Keen on Reducing Greenhouse Gas EmissionsThe Energy Information Administration (EIA) report has predicted a slowdown in the US CO2 emissions by 7% for next two years. Experts said that it is a positive sign from the US as it would help to have improved energy efficiency.

Finance Minster’s Comment On Emigration Stirs Controversies

Finance Minster’s Comment On Emigration Stirs ControversiesIt seems like the Finance Minister, Mr. Noonan, is having tough time as the Opposition Party has alleged that the youngsters are living and coming back to Ireland for lifestyle reasons only. In the past few years, it has been found that many youngsters have been leaving land for reasons like lifestyle.

Holden's Elizabeth plant Facing Tough Time

Holden-ElizabethIt has been reported that the job security of the employees working at the Holden's Elizabeth plant is still insecure. The Holden's Elizabeth plant has working poorly because of the economic downturn. With the pursuit of helping the plant to work effectively multi million dollars were provided to parent company General Motors. However, still, the employees are insecure about their jobs.

Online Protest Against Rail Fare Hikes

Online Protest Against Rail Fare HikesOne of the environment lobby groups, the Campaign for Better Transport has chosen social media to raise voice against hike in rail fares. Under the Government's annual price-rise formula, rail ticket prices have gone up on an average by 5.9%. But, season ticket fares have shown an increase of 11%.

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