Greed rules Bank loan charges must be capped

I see I am not alone in predicting the end of capitalism as we know it; it is already happening. I suppose there is irony in surmising that banks are themselves to blame. A case of, give them enough rope and they will hang themselves. When the moneylenders are thrown out of the temple this time the West’s...

Travellers rights ‘impinged’ by US immigration

UNDER new rulings, international travellers face the prospect of being turned away at their home airports if flying to certain airports that are not on American soil. These include Cuba, Canada, Mexico and the Caribbean. All travellers to these destinations will be obliged to complete personal data up to...

Heartbreak Hotel

MEDIA coverage of Spain’s economic woes is far from encouraging. We tighten our belts and we cross our fingers. There is little ordinary mortals can do, but unless they are out of their depth they don’t know what helplessness is. Spain really does have to get to grips with the housing crisis before its...

Greece, Spain… and Britain

I am occasionally asked where one’s money is best kept, in a British bank in sterling or Spanish bank in euros. One would need a crystal ball to give an opinion with confidence. The latter, though still in intensive care, is allegedly in recovery. I am not convinced. Ask a dozen experts and you get a dozen...

The greatest show in town

While Strasburg fiddles, usually the books, Europe yearns for relief from the European Union’s economic malaise. The Union falls further behind the more buoyant economies of China, India, Russia and Latin America. It is surely unwinnable because of what I believe to be Europe’s  unregulated banking...

Let’s get the life back into the Costas

LET us be honest about it; most restaurants are not good value for money. I think I can put more bums on restaurant seats but let us first take stock. If we are going to fix a problem we need to identify it. Please don’t take me for an amateur who doesn’t know the trade. I have been in business,...

If terrorism is the excuse, the reason is profit

The term Homeland Security is for many a term synonymous with over the top U.S. airport security. The U.S. is ahead on the game of catch the terrorist but Europe isn’t far behind when it comes to making the lives of travellers miserable. Is the purpose to prevent terrorism or is there a more sinister...

Stupidity or corruption

UNFORTUNATELY or fortunately as the case may be our erudite editor will not allow me to hijack the Euro Weekly News entire 104 pages this week. This means I have difficulty cataloguing the British Ministry of Defence’s (MOD) purchasing blunders of recent times. If these gaffes were to happen to a household...

The games nations play

TO get around U.S. inspired sanctions India has agreed to purchase Iranian oil with gold, according to Israeli-based news website DEBKAfile. This is yet another move in the cat and mouse game being played out by the main hitters. India, like China, has a booming economy and is semi-dependent upon Iranian oil...

Does Greece know something we don’t?

DOES the Greek government know something the rest of us have yet to wake up to? How absurd that whilst people starve, billions of euros are spent on a military build-up. In Athens the hospital doctors deal with emergencies only. Public transport workers strike, school text books are rationed; tens of...