A moment in history Wednesday, October 08, 2008
We are going through a significant period in modern history, which will become a core part of economics, business and global politics studies for many decades to come.
You may wonder why I suggest politics is affected. Simply because alliances are being sorely tested and political manoeuvring is very evident
- Iceland claims Western allies have refused its' calls for help forcing it to turn to Russia for a $4bn loan. Iceland was a founder member of Nato.
- European Government accord has broken down as each State seeks to protect its own banks and inconsistencies provoke accusations that some Governments are destabilising savings markets