http://euroweatherstation.com Current conditions, currency, forex, daily business news forecast on Euro Business Area Tue, 22 May 2012 09:32:15 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 http://euroweatherstation.com/lloyds-failed-to-heed-debt-warning/ http://euroweatherstation.com/lloyds-failed-to-heed-debt-warning/#comments Sun, 28 Aug 2011 12:41:13 +0000 admin http://euroweatherstation.com/?p=1795 Facing the collapse of the luxury hotel chain–von Essen, Lloyds sufers loss of millions of pounds.
The bank was warned that the 28-hotel chain, which includes Cliveden in Berkshire and the Royal Crescent, was at risk of failing under the weight of its debts more than a year before it was forced to call in the administrators.

]]> http://euroweatherstation.com/lloyds-failed-to-heed-debt-warning/feed/ 0 http://euroweatherstation.com/obama-debt-warning/ http://euroweatherstation.com/obama-debt-warning/#comments Wed, 25 Nov 2009 13:05:59 +0000 admin http://euroweatherstation.com/?p=1128 President Obama gave his sternest warning yet about the need to contain rising US deficits, saying that if government debt were to pile up, it could lead to a double-dip recession.
Mr. Obama said that a delicate balance had to be maintained between boosting the economy and pursuing a policy of deficit reduction.

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