10-11-21 Ireland on the Brink - Betrayed by Leaders and Bankers // Irlanda, al borde del abismo - La traición de los líderes y banqueros

         
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Information Clearing House Newsletter

News Won't Find On CNN
November 21, 2010
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Banks in Ireland 'on Brink of Collapse'

By Luke Byrne

AIB and BoI owe over €100bn to foreign investors and fear another run on deposits could destroy them. The Irish Central Bank is keeping them afloat after ECB said: 'We won't lend you any more' Collapse would trigger €440bn bank guarantee... but IMF has option of locking the banks' doors.
http://www.informationclearinghouse.info/article26888.htm

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Ireland Fears Civil Unrest as Bank Crisis Deepens

By Henry McDonald in Dublin and Andrew Clark

Trade union leader warns of riots if government imposes further 'draconian' cuts to public sector.
http://www.informationclearinghouse.info/article26889.htm

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Ireland Has Been Betrayed By Its Leaders

The Observer Editorial

There is a real danger of Irish society being hollowed out, with a discredited political elite holding nominal power and no legitimacy while an angry, disoriented, heavily indebted and increasingly poor population chase dwindling jobs.
http://www.informationclearinghouse.info/article26890.htm

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