Posted by Matt in November 23rd, 2009 |
no comment
Published in
Mexico,
000 People,
Border Towns,
Carnage,
Chance Remark,
Collateral Damage,
Coup,
Drug Cartels,
Drugs Mexico,
Martial Law,
Mexican Revolution,
Mirrors,
Opposition,
Southern Border,
War On Drugs
In the almost three years since President Felipe Calderón launched a war on drug cartels, border towns in Mexico have turned into halls of mirrors where no one knows who is on which side or what chance remark could get you murdered. Some 14,000 people have been killed in that time—the worst carnage since the [...]
read more....
Posted by Matt in April 21st, 2009 |
no comment
Published in
Britain,
Economy,
Financial,
Banks,
British Economy,
Carnage,
Debts,
Financial Crisis,
Financial Institutions,
Global Downturn,
Global Financial Crisis,
Global Financial Stability,
Global Financial Stability Report,
International Monetary Fund,
Loans,
Losses,
Red Ink,
Three Times,
Tide
Banks are only a third of the way through the tortuous process of writing down their toxic debts, the International Monetary Fund warned.
The deepening global downturn and rising defaults will push bank losses on soured loans to an extraordinary £1.9trillion, three times current levels, the Washington-based Fund said in its Global Financial Stability Report.
Including all [...]
read more....