Strong Oil and Metals prices drive UK equities higher despite Eurozone tension.

European markets fairly flat this morning as all eyes await US unemployment and payroll figures out this afternoon.

European markets down on worries of debt contagion, with Spanish banks taking the biggest hit.

Security fears in Korea add to the existing EU sovereign debt issues and continue to push markets lower.

Financial markets globally react positively to EU and IMF confirmation of Ireland bailout package. Euro rises against the dollar.

***ORIGINAL UPLOAD BY RussiaToday*** Permission to repost granted. November 16, 2010 If Europe’s single currency fails, so would the Union itself. The warning comes from the EU president, who was speaking ahead of the meeting of the Eurozone’s finance ministers. Portugal has warned it could be forced out of the Eurozone, and Ireland is also being urged to use European bailout money to prevent bankruptcy. But Financial analyst Max Keiser says going to the IMF for help would be even worse… RT on Facebook: www.facebook.com RT on Twitter: twitter.com RT Max Keiser Keiser Report IMF Ireland EU bailout Irish banks single currency Ireland Greece Portugal currency wars dollar Euro money economy finance recession downturn financial banks International Monetary Fund economy finances crisis recession depression economic collapse global money debt loan deficit greatest fraud fascism corporatism kakistocracy kleptocracy neofeudalism neoliberalism dictatorship authoritarianism oligarchy social banishment

UK markets sell off as we await a decision on a solution for the Irish debt problem.

us.macmillan.com www.huffingtonpost.com

2010 www.amazon.com Watch more clips: thefilmarchived.blogspot.com United States President Barack Obama and key advisers introduced a series of regulatory proposals in June 2009. The proposals address consumer protection, executive pay, bank financial cushions or capital requirements, expanded regulation of the shadow banking system and derivatives, and enhanced authority for the Federal Reserve to safely wind-down systemically important institutions, among others. In January 2010, Obama proposed additional regulations limiting the ability of banks to engage in proprietary trading. The proposals were dubbed “The Volcker Rule”, in recognition of Paul Volcker, who has publicly argued for the proposed changes. The US Senate passed a regulatory reform bill in May 2010, following the House which passed a bill in December 2009. These bills must now be reconciled. The New York Times provided a comparative summary of the features of the two bills, which address to varying extent the principles enumerated by the Obama administration. For instance, the Volcker Rule against proprietary trading is not part of the legislation, though in the Senate bill regulators have the discretion but not the obligation to prohibit these trades. A variety of other regulatory changes have been proposed by economists, politicians, journalists, and business leaders to minimize the impact of the current crisis and prevent recurrence. None of the proposed solutions have yet been implemented. These …

THE ▀█▀ █▀ █_█ ▀█▀ █▬█ Я Ξ √ Ω LUT ↑ ☼ N An ABC – Four Corners documentary about the coming economic crisis, featuring Gerald Celente and Peter Schiff. Original air date: 23rd August, 2010.