After receiving a bailout of €750 million in 2008, SNS Reaal was thought to be profitable but its capital limits left it below legal solvency amounts, forcing the Dutch state to take a stake in the troubled financial concern. The Netherlands’ Finance Minister Jeroen Dijsselbloem said the move was to insure financial stability, especially after […]
Read MoreIn a report from Agence France Presse, Tendai Biti told reporters in Harare that Zimbabwe would have $217 remaining after it paid government workers, leaving the nation’s finances in a state of paralysis. Zimbabwe had extraordinarily high levels of inflation in 2011 and 2012 which the IMF claims have only recently moderated at levels beneath […]
Read More
News
Japanese Politician Taro Aso Proclaims Japan Should Allow Elderly to ‘Hurry Up and Die‘
Ever controversial, Japan’s newly-appointed Liberal Democratic Party Minister of Finance, Taro Aso, addressed Japan’s elderly care problem in a press conference January 21 in Tokyo by stating that the elderly should be allowed the right to end their lives rather than have the state of Japan waste billions of yen on their care. Taro Aso, […]
Read More