Are we on the verge of Financial Armageddon? You decide.

29 September 2010 Last updated at 13:43 GMT

The Commission's President Barroso wants to mete out punishment to transgressing governments

The European Commission has unveiled plans to punish countries that fail to bring their debts under control and pose a potential risk to the euro. click here.

The EU Austerity ( Strick budgetary measures to bring alive economies) drive by country.. click here

In graphics: Eurozone in crisis click here 

The global pensions conundrum

 

Food price rises are growing concern click here

US Economy A Train Wreck? click here

 James 5  tells us what time it is!

JAMES 5
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
4 Behold, the hire of the laborers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Sabaoth.
5 Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.
6 Ye have condemned and killed the just; and he doth not resist you.
7 Be patient therefore, brethren, unto the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth, and hath long patience for it, until he receive the early and latter rain.
8 Be ye also patient; establish your hearts: for the coming of the Lord draweth nigh.