Banks Back in the Firing Line- 28th June 2012

Barclays has just been fined £290 million for trying to change interest rates at which banks lend to each other.

It seems that other banks are also under investigation, and the FSA Financial Services Authority stated that it doesn't see Barclays as a lone bank manipulating interest rates.

Barclays at its own admission said their actions fell well below expected standards, other banks that maybe under investigation are citigroup, JP Morgan, Deutsche Bank, HSBC and RBS.

A leading business man when asked what they thought about the latest bank scandal Graham Hearsey CEO of Business Insurance 24 7 said "it seems to me that banks and politicians are corrupt everywhere. They end up causing the ordinary man and women in the street, the pain of clearing up their mess and the regulator then impose high fees against business and people who have nothing to do with these idiots and greedy individuals."

Euro Summit Once Again Leaders Trying to Resolve the Crisis - 28th June 2012

Angela Merkel and Francois Hollande held talks in Paris prior to the Euro Summit.

The two leaders disagree about the way the Eurozone crisis should be handled, with the German Chancellor very opposed to pooling debt while the French President Francois Hollande would like to see much further interrogation.

Merkel is adamant that Germany will not get involved with the idea of sharing debt and stated "there is no quick solution and no simple solution" to the Eurozone crisis.

A leading broker in the UK who trade in the Eurozone with Business Insurance 24 7, CEO Graham Hearsey said "the leaders in the Eurozone are running around like chickens with no heads they need to get their act together."

They are taking far too long to resolve the problem, if they don't sort it out soon capitalization as we know it will disappear and the world will be in crisis, the USA has a part to play in this and they should also be helping.

England Out Again - 25th June

Once again England go out loosing to Italy in a penalty shoot out after a very frustrating  game that ran for 120 minutes, with a few bright sparks, from both Italy and England.

Ashley Young hit the bar after he took his turn at the penalty spot and missed. The player of the game must have been England goal keeper Joe Hart who was outstanding. In the end the better team won. Italy played well and kept possession, leading England to chase rainbows, with no gold pot at the end.

Taliban Attacked a Hotel Just Outside Kabul 22nd June 2012

A battle between the Taliban Afghan security took place yesterday with reported hostages taken and at least two people were killed.

Officials said that heavy machine gun fire, rockets and grenades were used. NATO helicopters were also used in the area the attacked happened at the Mai hotel in the Lake Qargha area.

Fernandez and Cameron Discuss Falkland Islands at G20 - 20th June 2012

The president of Argentine Cristina Fernandez and David Cameron confronted each other over the claims on the Falkland Islands.

Cameron suggested that Argentina should respect the referendum that he has arranged which would let the people of the falkland island decide.

Greece Goes to Poll and Pro- Bailout Party Wins By a Narrow Margin - 18th June 2012

The news has been received by world leaders very well the party 'new democracy' and its leader Antonis Samaras will probably be asked to try and form a government by the President Carlos Papoulias, the new party got 29.7% at the vote where as the Syriza party got 26.9% of the vote and said via its leader Alexis Tsipras that they would still be Anti- Austerity.

Argentina Wants Talk Over Falklands - 15th June 2012

Argentina demands talks on the sovereignty of the Falkland Islands. At a UN committee the argentine President Cristina Fernadez de Kirchner said that Britain needed to enter into negotiations with them over the 'Falkland'. She stated that history and geographical information backed her claim.

The claim came at the 30th anniversary of the UK territories liberation from Argentines occupation of the Islands where 255 UK servicemen where killed and 650 Argentines.

David Cameron said there will be no negotiation.