Chris picks up on David Cameron's suggestion that UK bankruptcy�law be changed to come more in line with the Chapter 11 bankruptcy law and reckons it is a major move away from a neo liberal ideal. By which Cameron means that: "Instead of companies going straight into liquidation and having to lay off staff, they get a stay of execution and they can be restructured to try to save the business, to t...

Following the adoption of a controversial citizenship law in Budapest that makes it easier for ethnic Hungarians abroad to obtain Hungarian nationality, Slovak Prime Minister Iveta Radičová indicated that her government would seek ways to make sure that the law does not apply in her country. EurActiv Slovakia reports.

Slovakia adopted a law on 4 March to crack down on income from crime and corruption, with the government and opposition parties in rare agreement ahead of a June election.

The media is full of faux hysteria this morning concerning Lehman Brothers, one of the world's largest investment banks, which has announced it plans to file for bankruptcy protection - a move expected to rock global financial markets. The stricken firm said it plans to file a petition under Chapter 11 of the US Bankruptcy Code. The move usually allows companies to reorganise their contractua...

Slovakia's new government has come under fire from its eurozone partners after its parliament voted overwhelmingly to reject taking part in a European Union aid package for the troubled Greek economy

A law firm is found "in contempt" of Parliament for suggesting an MP could face legal action for criticising its client in the Commons.

That, essentially, was what Jon Corzine, ex-governor and ex-Senator from New Jersey had to say when questioned by the a House investigative committee about the high dollar bankruptcy of his firm, MF Global: Corzine faced hostile questioning after being subpoenaed to testify before the House of Representatives' agriculture committee on the bankruptcy of the financial firm and the missing money...

Budapest is unwilling to revise a media law that has triggered a storm of criticism and says controversial industry taxes do not discriminate against foreign companies

The government has sold off its one-third stake in the Atomic Weapons Establishment in Aldermaston to a US firm, meaning that Britain will now have no control over the firm that produces and maintains our “independent” nuclear deterrent and will instead be reliant on a firm that is two-thirds owned by US companies. The biggest issue,

Tuesday WORLD CAPITALISM, it can do only one of two things: it can spiral UP or it can spiral DOWN. People buy more stuff; so, companies have more cash; so, companies hire more workers; so, more people have money; so, people buy more stuff… OR! People buy LESS stuff; so, companies have LESS cash; so, companies lay off workers; so, FEWER people have money; so, people buy LESS stuff… I...