Cyprus in the deep stuff will this effect uk more.
http://www.telegraph.co.uk/finance/f...s-buckles.html
Quote:
Russia has effectively shored up Cyprus over the past two years but rising defaults in Greece have proved overwhelming. The Cypriot banking system is nine times the country's GDP, with assets of €157bn (£127bn). It has been called the "Iceland" of the South.
|
Not good this markets panicking again. Can we use powers to stop them making situation much worse. While these run arround like headless chickens we wont get stability to sort problems. These money men wanted austerity now bemoaning its tanking economy/causing unemployment. With less money for people to consume.
http://www.telegraph.co.uk/finance/d...isis-Live.html