Private equity crash could trigger next wave of financial crisis, Bank warns
Bank of England fears that larger private equity deals done in the boom years ‘pose a risk to the stability of the financial system’ as refinancing looms
The Bank of England warned on Thursday that the next phase of the UK’s six-year financial and economic crisis may be triggered by the collapse of debt-laden companies bought by private equity firms in the boom years [...]
BEIRUT (Reuters) – Syrian President Bashar al-Assad declared on Tuesday that his country was at war and ordered his new government to spare no effort to achieve victory, as the worst fighting of the 16-month conflict reached the outskirts of the capital.
Video published by activists recorded heavy gunfire and explosions in suburbs of Damascus. A trail of fresh blood on a sidewalk in the suburb of Qudsiya led into [...]
Thanks to the ‘Crash JP Morgan, Buy Silver’ campaign that rocketed silver 100% higher last year JP Morgan has been forced to lean even more on its fragile balance sheet resulting in a 2 . . . er, I mean 5 billion dollar explosion on their balance sheet that wiped out more than 20 bn. from their market cap. We are now closer than ever to taking down this pig. [...]
The Afghan parliament demanded on Monday that a US soldier accused of killing 16 civilians, including nine children, be put on trial in Afghanistan as a growing tide of local anger added to the pressure on the US-led war against the Taliban.
The murders have triggered a new spike in anti-western sentiment just weeks after furious protests erupted after the discovery of burnt copies of the Koran at a US base.
US officials [...]