EU SOURCES HAVE DISCUSSED IMPOSING CAPITAL CONTROLS AS WORST CASE SCENARIO IF GREECE LEAVES EUROZONE – RTRS
IMPOSING BORDER CHECKS, LIMITING ATM WITHDRAWALS ALSO PART OF WORST-CASE SCENARIO PLANNING – EU SOURCES – RTRS
SUSPENSION OF SCHENGEN ALSO DISCUSSED
Major Italian Bank Freezes All Customer Accounts
On May 31st Bank Network Investments discretely posted an announcementon their website that they would be freezing all of their customers accounts for 1 month freeze on citing financial [...]
Having been writing about the economy for the last few years, one thing I’ve observed is this: The stock market tends to dictate the way people feel about the economy. When the market goes up, people get very good at telling stories about how the recovery is real. When the market goes down, they start believing the worst.
And so it goes that with the declines over the last few weeks, [...]
CHAPEL HILL, N.C. (AP) — New York City Mayor Michael Bloomberg has told University of North Carolina graduates that last week’s gay marriage vote shows there is still a lot of work to be done for civil rights in this country.
Bloomberg spoke Sunday to thousands of graduates at Kenan Memorial Stadium.