NetQuantum :: Recreation :: Scouting :: Campsites :: Denmark ::

• U.S. financial panic goes global
On Monday, the panic that began on Wall Street effectively shut down interbank and other loan markets, pushing industrialized countries closer to recession. Even as Sweden, Austria and Denmark followed Germany’s lead by offering guarantees to ...
• Bank savers run at the click of a mouse
Ireland and Denmark have offered blanket guarantees to savers, and pressure is mounting on others to follow. Ironically, it was another Dutch bank, ING, that pioneered the growth of online banking by launching ING Direct over a decade ago: amassing ...
• Oil rebounds after falling to 8-month low
Ireland, Iceland, Denmark and Greece moved quickly to guarantee bank deposits to ease consumer anxiety. Investors are looking for signs that the Organization of Petroleum Exporting Countries may cut production if prices fall further. Iranian Oil ...
• Iceland takes Russian loan, nationalizes bank
The government also put 100 percent guarantees on savers’ deposits, following in the footsteps of Ireland, Germany, Austria, Greece and Denmark. A collapse of the Icelandic financial system could reverberate across Europe, given the heavy investment ...
• World struggles with unified response to crisis
Even as Sweden, Austria and Denmark followed Germany’s lead by offering guarantees to savers, investors from Tokyo to London continued to slash risk from portfolios and positioned for a further tightening of credit and bank lending. South Korea said ...