Countdown to Financial Armageddon
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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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Global recession grows closer as G20 summit fails

Global recession grows closer as G20 summit fails | Countdown to Financial Armageddon | Scoop.it

IMF to monitor Italy to ensure austerity as leaders fail to agree plan for financial aid for distressed countries...

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Singing for his supper on the streets of Cannes? Financial crisis forces Berlusconi to delay release of latest love song CD

Singing for his supper on the streets of Cannes? Financial crisis forces Berlusconi to delay release of latest love song CD | Countdown to Financial Armageddon | Scoop.it

Rolling economic storm clouds scupper the publishing date of the Italian prime minister's "True Love" album...

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"You Can’t Solve a Debt Crisis With More Debt!" German Foreign Minister Hits Back at U.S. Debt Hypocrisy

"You Can’t Solve a Debt Crisis With More Debt!" German Foreign Minister Hits Back at U.S. Debt Hypocrisy | Countdown to Financial Armageddon | Scoop.it

Germany's foreign minister today lashed out at the United States over criticism the eurozone is not doing enough to solve its economic woes, noting that US debt had also contributed to the current crisis.

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G20 Tells Euro Zone to Fix Debt Crisis In Weeks

G20 Tells Euro Zone to Fix Debt Crisis In Weeks | Countdown to Financial Armageddon | Scoop.it

The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.

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G20 fails to come to Europe's rescue

G20 fails to come to Europe's rescue | Countdown to Financial Armageddon | Scoop.it

France could not persuade the rest of the G20 to commit hard numbers to providing a bigger financial safety net for the eurozone - or anyone else who might need it.

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Humiliated Berlusconi 'agrees to IMF oversight' of austerity measures

Humiliated Berlusconi 'agrees to IMF oversight' of austerity measures | Countdown to Financial Armageddon | Scoop.it

Silvio Berlusconi, the Italian Prime Minister, has agreed to allow International Monetary Fund oversight of the debt-ridden country's progress
in implementing austerity measures.

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Is the €2 trillion rescue bid enough to save Europe?

Is the €2 trillion rescue bid enough to save Europe? | Countdown to Financial Armageddon | Scoop.it

George Osborne has admitted for the first time that Britain may have to provide billions of pounds more to bail out the eurozone as part of €2 trillion international efforts to shore up the single currency bloc and revitalise the flagging...

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