Wednesday, 21 January 2009

News

Calls to nationalise RBS and Lloyds

The chairman of the Treasury select committee John McFall has called for the complete nationalisation of Lloyds and Royal Bank of Scotland as market confidence in the banking sector continued to haemorrhage last night. Shares in both banks continued to slide last night, as the pound fell to... [continued]



Obama pledges to ‘remake America’ as Guantanamo trials halted

Barack Obama has called for a halt to Guantanamo war crimes tribunals, hours after being sworn in as President. His request for a 120-day suspension of all 21 pending tribunals will begin the process of dismantling the controversial prison at the US Naval base. The 44th President of the... [continued]



Obama is sworn in as the 44th President of the United States, with wife Michelle Obama and daughters Malia and Sasha

UN chief demands Gaza inquiry

United Nations secretary general Ban Ki-Moon has demanded a full investigation into Israel's attacks on a UN compound in Gaza. After viewing the remains of the buildings for himself, a visibly outraged Ban said he was "appalled" by the "outrageous, shocking and alarming" destruction he had seen in Gaza.... [continued]






King: Bank ‘may print money’

Bank of England Governor Mervyn King signalled last night that it was time for Britain to turn to "unconventional measures" as interest rates fall towards zero. King admitted that the Bank is considering turning to 'quantitative easing'  - a measure perjoratively known as 'printing money'. But the Governor made... [continued]


Unemployment rises to 1.92m

Unemployment rose by 131,000 to 1.92m between September and November, according to the Office for National Statistics (ONS). However this does not include the tens of thousands of jobs cut in the past three months. The number of people claiming jobseeker's allowance increased by 77,900 to 1.16m, the ONS... [continued]

Moscow and Kiev reach gas deal

Gas began to flow into the European Union on Tuesday, finally ending the acrimonious dispute between Russia and the Ukraine. The move comes after the Russian prime minister Vladimir Putin and his Ukrainian counterpart Yuliya Tymoshenko agreed a new 10-year deal on the price of gas. The agreement... [continued]


Posted by Britannia Radio at 17:00