E Vërteta: Merrill Lynch reports billions in losses amidst growing signs of US recession

e premte, tetor 26, 2007

Merrill Lynch reports billions in losses amidst growing signs of US recession

Merrill Lynch & Co., the world’s largest brokerage firm, reported a net third-quarter loss of $2.4 billion Wednesday and acknowledged writing off $8.4 billion in assets from failed investments in subprime mortgage-linked securities.

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E Verteta

Slowly, but not yet surely, Kosovo is moving towards independence. Whether this is a foolish claim or a soon to be confirmed fact is highly contested But just know this important fact about Kosovo.

"The determination by the U.S and NATO, at all costs, to occupy Kosovo and virtually all of Yugoslavia, is spurred on by the enticement of abundant natural resources. Kosovo alone has the richest mineral resources in all of Europe west of Russia. The New York Times observed that "the sprawling state-owned Trepca mining complex, the most valuable piece of real estate in the Balkans, is worth at least $5 billion." producing gold, silver, pure lead, zinc, cadmium, as well as tens of millions of dollars in profits annually. "Kosovo also possesses 17 billion tons of coal reserves and Kosovo (like Serbia and Albania) also has oil reserves."

So with that in mind E Verteta is your source for NEWS AND ANALYSIS on current events taking place in Kosovo. With News from the US as well.

E Vërteta

e premte, tetor 26, 2007

Merrill Lynch reports billions in losses amidst growing signs of US recession

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