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How New York Could Save Its Collapsing Harbours

Technology / Gadgets : Gizmodo Australia

New York is forever on the verge of some kind of collapse. It worries about the next big storm, or the next economic downturn, or just a good ol’ rat tsunami. Last year, the New York City Economic Development Corporation (NYCEDC) ca...

'Bleeding' UK Steel Industry on Verge of Collapse - Trade Group Leader

News / Independent News : RIA Novosti

The United Kingdom’s steel industry is on the verge of collapse if the UK government does not step in, the head of the industry lobby group said as quoted by local media.

The "Blacklist" - Ten Italian Cities On Verge Of Financial Collapse

Business & Finance : Zero Hedge

Last week when we wrote about the imminent default of Sicily which Mario Monti tried to sweep under the rug by demanding the local governor resign for not masking the situation with lies, and doing all he can to prevent the advent o...

Dallas Cops' Pension Fund Nears Insolvency In Wake Of Shady Real Estate Deals, FBI Raid

Business & Finance : Zero Hedge

The Dallas Police & Fire Pension (DPFP), which covers nearly 10,000 police and firefighters, is on the verge of collapse as its board and the City of Dallas struggle to pitch benefit cuts to save the plan from complete failure. Acco...

Ten Major Italian Cities On Verge of Financial Collapse

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``Over 10 Italian big cities are on the verge of financial collapse. Debts, derivatives and mistakes: the Italian municipalities are in crisis. After the default of Alessandria, a big city in Piedmont (North-Western Italy), there ar...

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