Euro reaches new lows

Friday, July 15, 2011 On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil. The Wall Street Journal reported earlier that recent comments from the […]

Continue Reading

McDonald’s restaurant to close all locations in Iceland

Thursday, October 29, 2009 File:El Maco.jpg Icelandic advertisement for El Maco (Big Mac)(Image missing from Commons: image; log) McDonald’s, the international fast food restaurant chain, will cease all operations in Iceland by the end of October. The company blames the closure of the nation’s three outlets on drastically increased costs of importing its food ingredients, […]

Continue Reading