In 2008, the loss of 11 billion dollars by the world’s largest insurance company, AIG, and the bankruptcy of the US investment bank Lehman Brothers, triggered...
“Voodoo Economics” is a term coined by the first President Bush when he ran against Ronald Reagan for the Republican nomination and eventually became vice president. It...
In light of the Greek referendum and the “No” vote, Greece’s financial system is uncertain to say the least. 11 million people face, at best, a highly...
The function of loans is an important component in an advanced economy, as it is conducive to economic growth. Individuals and businesses are able to acquire...
