The Irish cabinet meets today to discuss the 4 year, 15 billion euro cut in expenses, in order to show that the government is active and serious about cuts, before such plans are imposed by foreigners. After they sign it off today, it will be published on Tuesday. The IMF / EU delegation is “sitting” on the Irish banks and checking out the books. The deepening debts have made them unreliable – they update the numbers each time. Regarding the 12.5% corporate tax, French president Sarkozy said that raising it isn’t a condition – but he sure put it on the table…. Other foreigners, US president Barack Obama, José Manuel Barroso and European Council president Herman Van Rompuy will all meet in Brussels later today. In the meantime, pressure mounts on the Irish government from all sides – opposition parties are calling for general elections, immediately, and union leaders warn of serious trouble on the streets. The Irish people have been amazingly quiet, but this might end on November 27th, when a big protest is expected. More on Irish troubles in this article at the Irish Times. Gerry Davies at Forex Live reports about a new estimation of the size of this package – 120 billion euros. More EUR USD pressure is expected. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next Australia Real Estate Bubble? Yohay Elam 12 years The Irish cabinet meets today to discuss the 4 year, 15 billion euro cut in expenses, in order to show that the government is active and serious about cuts, before such plans are imposed by foreigners. After they sign it off today, it will be published on Tuesday. The IMF / EU delegation is "sitting" on the Irish banks and checking out the books. The deepening debts have made them unreliable - they update the numbers each time. Regarding the 12.5% corporate tax, French president Sarkozy said that raising it isn't a condition - but he sure put it on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
