GP OpinionWEEKEND headlines - including those about the emergency summit of European Union leaders on the global financial crisis and Iceland’s economy, said to be on the brink of collapse - reinforced the seriousness of the Policy Council announcement on Friday about maintaining confidence in the local banking sector and addressing the concerns of local depositors.
GP OpinionAN ANNOUNCEMENT yesterday that the Policy Council had agreed to ‘a measured course of action which will maintain confidence in the local banking sector and address the concerns of local depositors’ will be followed by an immediate question from islanders: What, by doing nothing?
By Rob BatisteWHEN it comes to awards, the emphasis is always on the individual.
GP OpinionCONFIRMATION from the Commerce and Employment minister that her board is, indeed, treating the introduction of some form of protection of depositors scheme as a priority is a welcome development - and it also marks a considerable policy shift.
GP OpinionCHANNEL Islands Stock Exchange chief executive Tammy Menteshvili was spot on in her comments published yesterday that we are living in unprecedented times and that history is being rewritten.
GP OpinionNEARLY 300 staff at Fortis had only to look at yesterday’s headlines – the Daily Telegraph’s Staring into the Abyss was typical – to see how fortunate they were that a £9bn rescue package had secured their jobs and future.
GP OpinionTHE first blue plaques were erected in London almost 140 years ago to mark a connection, either lifelong or fleeting, between a famous person and a place.
By Nick MannEMPOWERING citizens is being seen in some circles as the next necessary shift in politics. A move from state control, although not dismantling it in the way some on the right would, but also away from the emphasis on the individual, two doctrines that have battled for supremacy over the past decades.
GP OpinionTHE nationalisation of Bradford & Bingley this morning hammers another nail into the coffin of the freewheeling financial world of the boom years.
Applauding an amazing rescue feat
GP Opinion
READ between the lines and it is clear that the weekend rescue of sail training vessel Alva was something quite out of the ordinary and it was down to the skill and bravery of a number of people that an incident did not escalate into a tragedy.