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News Stories Related To: Global Economy Withers as Bush Administration Dithers

New York City : NY : USA | about 1 year ago  
According to the New York Times, the Bush Administration has lost valuable time in coming to grips with the American financial crisis for ideological reasons. The rot started when...
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Reported by MarcusCato
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  • Submitted By: MarcusCato | about 1 year ago
    AMERICAS MEXICO: President Felipe Calderon has proposed to spend $4.4bn on infrastructure and energy projects to boost the economy. The central bank has also begun to auction off $2.5bn in reserves to prop up the falling peso. US: Treasury Secretary ...
  • Submitted By: MarcusCato | about 1 year ago
    Now investors have again convinced themselves that this time is different, that the credit crisis will push economies worldwide into the deepest recession since the Depression. Fear runs even deeper today than greed did a decade ago. But in ...
  • Submitted By: MarcusCato | about 1 year ago
    As international leaders gathered here on Saturday to grapple with the global financial crisis , the Bush administration embarked on an overhaul of its own strategy for rescuing the foundering financial system
  • Submitted By: onlinebusinesswoman | about 1 year ago
    It has become very clear that the mood this election year has transcended the frustrated voter into the angry voter, but many are outraged at what they see as an all new low from a North Carolina parking lot owner. The parking lot owner decided that ...
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  • News Source: Xinhuanet.com | about 1 year ago
    Wall Street tumbled again Wednesday with all the major indexes dropping more than 7 percent, a day after the Bush Administration announced new measures to take stake in major banks to strengthen the banking industry.     Under the take-it-or-...
  • News Source: Sydney Morning Herald | about 1 year ago
    The Dow Jones industrials dropped as much as 572 points, more than half their huge 936-point advance from Monday, and all the major indices fell at least five per cent...The release of the Beige Book, the assessment of business conditions from the...
  • News Source: Kiev Post | about 1 year ago
    Here is how major stock markets outside the United States ended on Oct. 15...The Nikkei average reversed course and rose 1.1 percent as a sense of panic over the financial crisis eased, though worries about the global  economy and company earnings...
  • News Source: Al Jazeera | about 1 year ago
    European leaders have called for substantial reforms to the world's banking system during a European Union summit meeting in Brussels. Nicolas Sarkozy, the French president, who is chairing the talks, also appealed to all 27 leaders to back a plan...
  • News Source: Yedioth Ahronoth | about 1 year ago
    World stocks fell Wednesday after poor US retail sales data stoked concerns that global efforts to restore confidence in the financial system will not be enough to stave off a deep recession.   Wall Street followed Europe and most Asian stocks in...
  • News Source: Androscoggin News | about 1 year ago
    European stocks down sharply on recession fears (42 mins ago) Europe's main stock markets were sharply lower in afternoon trade following a weak opening in New York on fears the financial crisis will lead to a global recession, dealers said. Paris...
  • News Source: International Herald Tribune | about 1 year ago
    Stocks fell Wednesday in Europe following a mixed session in Asia, as investors began to face the likelihood that serious dislocations will plague the global economy even if the coordinated bailouts announced this week succeed in restoring confidence...
  • News Source: Tulsa World | about 1 year ago
    Wall Street headed for a mixed open Wednesday ahead of some key reports on retail sales and bank earnings that could show investors how badly the financial crisis is slamming the broader economy. The Commerce Department is expected to report that...
  • News Source: Voice of America | about 1 year ago
    Major stock indexes in Asia are Europe are lower Wednesday, reflecting concerns that global efforts to rescue the world economy and get credit flowing again will not stop a recession. While Tokyo's Nikkei index closed up one percent, the Hang Seng...
  • News Source: Uinta County News | about 1 year ago
    The euro slid slightly against the dollar Wednesday as investors priced in the possibility that the global economy could slip into a recession. The 15-nation euro bought US$1.3625 in European morning trading, down from the US$1.3650 in New York late...

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