Thursday, November 18, 2010
Britain says it’s ready to help debt-hit Ireland with billions of pounds of direct loans. At a meeting of European finance ministers, Chancellor George Osborne said it’s in the UK’s interest to support its closest neighbour. The meeting comes amid fresh market turmoil and fears some smaller economies like Portugal and Ireland are unable to service their massive debts. The E.U. President warned the Eurozone is actually facing a fight to survive. Trend forecaster Gerald Celente says the euro has been put to its greatest test ever.
This article was posted: Thursday, November 18, 2010 at 9:46 am