Draghi says he is sure of the euro’s “permanence and irreversibility”
The president of the European Central Bank (ECB), Mario Draghi, has said that he has “no doubts” of the euro’s ability to withstand the current financial crisis plaguing the eurozone. Rising risks The ECB chief said that he believed of the currency’s “permanence” while speaking to the European Parliament’s Committee on Economic and Monetary Affairs, [...]
The simple Christmas lights that most traditional people enjoy are no longer so simple, the involvement of technology and pushing the boundaries of what is possible has allowed some amazing modern takes on the plain Christmas lights. However, with the increase in the number of lights some of the homes are using, the real winner [...]
An employee working for Apple has been kicked out of the company after he was discovered ranting about his iPhone on Facebook. Mark Zuckerberg, Facebook founder, has on more than one occasion revealed his mantra which has been: “Making the world more open and connected”.
Swedish car company Saab, which has long been troubled financially, has filed for bankruptcy. The move came after the firm was unable to secure fresh funding from potential Chinese investors. GM veto The move to push away further investment followed from the reluctance of General Motors (GM), American car firm. GM felt that the Chinese [...]
Cockroach’s in their usual form are bad enough, almost unstoppable with the ability to thrive in any environment across the world. There are many that believe that in the event of a nuclear global attack, these insects will be the only creature to survive. They are a problem because they reproduce at an alarming rate, they feed on almost anything and will leave a definite odour.
A toilet with more than 72,000 pieces of Swarovski crystals has gone on display in Tokyo, Japan, if that’s not shocking then the price of it will be as it is valued at $130,000. Some may be confused as to why such an item would have been produced, well it’s been created to please the ancient God of toilet, a deity known for his love of sparkling lavatories.
The Financial Services Authority (FSA) is considered likely to impose stricter rules on mortgage lending by 2013. The new rules are an attempt to keep a resurgence of risky mortgage lending at bay. ‘Excesses’ Chairman of the FSA, Lord Turner, said that the “excesses of the pre-crisis period have largely disappeared from the current market,” [...]
Security footage has captured the images of an exploding petrol station and the violence that ensued between students and police in the Mexican state of Guerrero. After the student riots that had taken the city of London by storm it looks as if the Mexicans have also received a little taste into the power student organizations across many universities in the country.
The authorities in Sao Paolo, Brazil, have held a skateboarding event for the local children of whom the majority were not able to skateboard. Was this a massive oversight by the authorities who may have lost touch with the younger generation or was it a shrewd move on their part, opening the eyes of these [...]
A recent report from KPMG has stated that Western businesses from developed economies are much slower at adopting social networking into their operational model than rivals in developing countries. The use of social media web sites, such as Twitter and Facebook, has altered the way the world shares and consumes information, leaving some Western businesses [...]
Etibar Elchyev is a Georgian man with an extraordinary talent, he has a unique magnetic ability which allows him to stick things to his body. His latest stunt saw him stick a man perched on a car bonnet to his chest using nothing but magnetism.
The little genius is a man that has resources at his disposal that are not available to any other batsman in the world. In attempt to stay ahead of his competitors Sachin Tendulkar has employed a man being referred to as his ‘personal practice assistant’, this is Tendulkar’s own training partner that he is using to [...]
The government has announced that savers will be rewarded with money to contribute towards an Individual Savings Account if they invest in initiatives targeted at helping disadvantaged youth. The money can be used towards regular or Junior ISAs, which are the government’s new children’s savings scheme that allows up to £3,600 of yearly tax-free contribution. [...]
Security video footage has captured images of when a petrol station exploded and the violence between students and the police forces in the Mexican state of Guerrero. Moreover, the violence across parts of the nation is not restricted to the student protests, as suspected criminal groups in the country have thrown grenades at two parked vehicles in the northeast state of Tamaulipas.
A Swedish church has held a techno mass as part of a very ambitious attempt to attract hard-core dance fans and new parishioners. Many churches are not interested in trying new ways to bring in the younger generations, relying solely on parents teaching their children the need to go and the also making sure they introduce their young.
The Institute for Public Policy Research (IPPR), a socio-economic think tank, has released plans to tackle the issue of child poverty through taxing the universal child benefit. With the money garnered from child benefit taxes, the think tank says the government could increase payments to those who need it most, Britain’s poorest families. Deliverance from [...]