Fitch warns Britain and questions Greek rescue as sovereign

Fitch Ratings has delivered a serious blow to the credibility of the Government's budget plans, warning that Britain risks a loss of investor confidence and erosion of its AAA rating unless it maps out clear austerity measures.

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RealtyTrac: Foreclosures Fall 2%

“This leveling of the foreclosure trend is not necessarily evidence that fewer homeowners are in distress and at risk for foreclosure, but rather that foreclosure prevention programs, legislation and other processing delays are in effect capping monthly foreclosure activity"

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UK ISPs: Site Blocking Risks Country´s Reputation

Join consumer advocates, MPs, prominent academics, and others in an open letter to the House of Lords criticizing recent proposal to amend the Digital Economy

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Financial Innovation: Credit Default Swaps

Credit default swap contracts, listed as a financial innovation by Brookings economist Robert Litan, do allow for a transfer of risk. But is this necessarily good?

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World Of Finance by Vijaya Sai.M: Real Estate Investments

Real estate is usually held as part of a larger portfolio, and is generally considered an alternative investment class. Real estate fits well as part of a portfolio because it has several qualities that can enhance the return of a larger portfolio, or reduce portfolio risk at the same level of return.

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"What matters in life is not what happens to you but what you remember and how you remember it."

by Gabriel García Márquez

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This Day In History

Lend-Lease Act: was signed into law by FDR, providing aid in the form of equipment, food and weapons to the Allies during WWII (1941)

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