Iceland's banks falter

Courtesy Newsvine - business  Mon, 10/06/2008 - 22:53

Iceland's banks face a battle for survival Tuesday after government introduced emergency legislation to give itself sweeping new powers over its collapsing financial sector.


 

Related items

France preparing second round of aid for banks
The French government is planning to inject a second tranche of euro10.5 billion ($14.38 billion) into some of the nation's largest banks in an effort to spur lending.

Bank of America Raises $2.8 Billion in Sale of Bank...
Shares in China’s big banks skidded on Wednesday after the Bank of America’s sale of part of its holding in China Construction Bank.

Pottery giant Wedgwood faces tough year in 2009.
Wedgwood, one of the legendary names in pottery manufacture in North Staffordshire since its foundation in 1759 faces a fight for survival as it celebrates its 250th year in business.

Olympus VN-5000 Digital Voice Recorder (141985)...
The power to recall every sound A sleek, pocket-sized voice recorder, the VN-5000 is perfect for people who want to record interviews, lectures and conversations. Its intuitive thumb pad...

Jabra A210 Bluetooth Adapter for 2.5 Universal...
The JABRA® Universal Multi-Adapter enables almost anyone with a cell phone to take advantage of the freedom and comfort of a wireless headset or speakerphone. If your cell phone has the...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com