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CNBC’s Michelle Caruso-Cabrera reports the ECB has upped the stakes for emergency funding. Meanwhile, ongoing talks are taking place between Cypriot and Russian finance ministers, reports CNBC’s Steve Sedgwick. Here is a direct link.

Ed Balls, shadow chancellor, Labour Party, says the UK economy has flatlined and the budget should have gone further on housing and infrastructure investment. Britain has so far chosen to hold its finance sector harmless at the expense of everything … Continue reading →

Fear mongering and terror tactics have been used since the 2008 financial crisis as a means to extort endless amounts of money from world tax payers in support of ‘too big to fail’ banks. The threat which was initiated by … Continue reading →