The horse meat crisis continues to escalate since last month when Irish food inspectors announced they had found horsemeat in some burgers stocked by UK supermarket chains including Tesco. As it turned out, it was not only the UK and Ireland which had the problem. Germany, Switzerland, Belgium and the Netherlands are the latest countries to confirm the discovery of horse meat in frozen meals, and millions of processed meat products have been withdrawn from supermarket shelves across the EU.
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Blogger: Hyewon Kong
It always strikes me as ironic that during the festive season, when we want to look and feel our best the dreaded norovirus as well as assorted cases of colds and stomach bugs strike. Over half of my team have been struck down in the last few weeks.
This week Q-Cells, once the world’s largest solar manufacturer, filed for insolvency. Its share price dramatically fell below €0.2 from its peak of €80 back in 2007. As an investor who has been following the solar industry for many years, I have very mixed feelings about the fall-out from this German solar company.
Q-Cells is not an isolated case - there have already been a number of bankruptcies in the solar industry since last year - but it is nonetheless a rather symbolic event.
