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Archive for November, 2011

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Panda loan in China

Wednesday, November 30th, 2011

The fate of two giant pandas destined for French zoo hung in the balance as world leaders held frenzied talks to save the crisis-hit eurozone earlier this month in the south of France. Negotiations had been conducted at the highest level of government in Paris and Beijing. The deal was to have been announced in [...]

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The Moving of European Stock Markets

Wednesday, November 30th, 2011

European stock markets slumped in open on Wednesday, as Standard & Poor’s move to downgrade ratings for several global banks shadow the efforts for handling the region’s debt crisis made by European leaders on Tuesday. Related PostsReece is getting its hands on the next batch of bailout loansAccording to a draft of a debt inspectors’ [...]

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Life insurance policies may not be sold because it is too risky

Monday, November 28th, 2011

LONDON –Firms have to be banned from selling traded life insurance policies, or “death bonds,” to U.K. retail customers after the Financial Services Authority has decided they have much risk. Related PostsThe future of life insurance companies in USA?In 1970s, there were 1789 life insurance companies in the US. 18. 9 million life policies were [...]

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