Word: oslo
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Humanitarian activists from around the world celebrated in Oslo, Norway, last night after the signing of a treaty banning cluster munitions, arguably one of the most important weapons accords in recent memory. Ninety-four countries signed the treaty this week and four have already ratified...
Randi Aspeli is scouring London's newest and biggest mall, Westfield, for treats for her three children back in Norway. "There are things here which you cannot get in Oslo and they are cheaper," she says. In its first three weeks, Westfield attracted 2 million visitors with its mix of haute couture and mass-market outlets, but on this particular midweek afternoon business is visibly slow, with security guards in Prada's Miu Miu store outnumbering customers by two to one and sales assistants outnumbering security guards by the same margin. The neighboring Rigby & Peller shop, offering the classic lingerie...
...default? [Oct. 20] Or was it only greed that made everybody turn a blind eye to the possibility that the bubble could ever burst. Did no one consider that if the subprime-mortgage market crashed, thousands of families could have their lives turned upside down virtually overnight? Frederik Steenbuch, Oslo...
...banks and other financial institutions? Or was it only greed that made everybody ignore that what is happening now could ever happen. Did no one take into account that thousand of families would have their lives turned upside down - virtually overnight - if this scheme went wrong?" Frederik Steenbuch, OSLO...
...amazes me that nobody seems to have asked the simple question, "What will happen to banks and other financial institutions if a large number of subprime loans default?" Or was it only greed that made everyone ignore the disaster that would occur if the markets went south? Frederik Steenbuch, Oslo...