22.02.12

UK prime cleric David Cameron kicked off bonus season by calling for a agreement between banks and the government that would better link bankers’ pay and the amount banks for to the real economy. The PM called for “responsible levels of compensation” alongside adequate lending to all kinds of businesses.

Chancellor of the exchequer George Osborne also announced plans to limit bonuses at banks; a call met by Barclays chief Bob Diamond’s now prominent statement that the period of remorse and apology for banks was over.

The revolution that first ousted Tunisia’s Zine al-Abidine Ben Ali in January would arise into a fully fledged Arab Spring. The revolution, fuelled by house-broken and international political discontent, brought an end to Hosni Mubarak’s command in Egypt and Muammar Gaddafi’s hold on Libya. It currently threatens the power of Syrian president Bashar al-Assad. The agitation-up has redefined not only the political status of a chunk of the Middle East and North Africa but also the pecuniary opportunities in the region.

Source: Financial News

by webmaster@craigslist.org

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Source: John Sedlar Rivera Goes West For a Night -- Grub Street Los Angeles