British Nationalize the Banks
The UK government has announced details of a rescue package for the banking system worth up to £50bn ($88bn). It will initially make the extra capital available to eight of the UK’s largest banks and building societies in return for preference shares in them. It...
Toronto Mayor Olivia Chow said she’s “speechless” about the continued delayed of the Eglinton Crosstown, saying she’s no more knowledgeable on the project than residents and business owners who’ve been waiting years for it to wrap up.
“I don’t know what to say anymore, it’s leaving me speechless,” said Chow.