Re: Iceland’s Debt May Be Cut to Junk
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March 5 (Bloomberg) — Jan Randolph, head of sovereign risk at IHS Global Insight Inc., talks about Iceland’s referendum on a bill that obliges citizens to take on .2 billion in loans from the UK and the Netherlands to compensate the two countries for depositor losses. He speaks with Bloomberg’s Linzie Janis in London.
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Conservative MEP Daniel Hannan gives a brutal assessment of New Labour, which the interviewer tried to brush aside. New Labour are borrowing so much money per minute / hour / day just to keep the public sector going, that can the UK afford to have another 5 years of New Labour in power. The UK [...]