News Stories Related To: Global Economy Withers as Bush Administration Dithers
By: MarcusCato 
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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- News Source: Kyodo News | about 1 year agoTokyo stocks ended Wednesday mixed, with the key Nikkei index erasing sharp losses in early trading and ending more than 1 percent higher on last-minute buying, as investors were faced with a mixed outlook for the financial crisis and global economy.
- News Source: China News | about 1 year agoThe United States is following Europe’s lead as President George W. Bush yesterday announced a $250 billion plan by the US government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the...
- News Source: AFP | about 1 year agoUS authorities have unveiled plans to inject billions of dollars into banks to ease a global credit crisis, but the move appeared to provide little relief for ailing stock markets. Nine large banks, including Citigroup, JPMorgan Chase and Goldman...
- News Source: Qatar English Daily | about 1 year agoThe Doha Securities Market (DSM) Index registered a phenomenal rise yesterday of 9.88 percent, the second significant increase in a row as the market turned bullish on Qatar's decision to build up the capital of its listed banks. The index ended the...
- News Source: CCTV | about 1 year agoBush has announced a 250-billion-US-dollar government plan to buy US bank shares. The move is meant to calm the turmoil in the financial markets and stave off a deep recession. The US president says there will be other steps to help restore...
- News Source: Sydney Morning Herald | about 1 year agoThe Dow Jones industrial average fell about 200 points a day after its record 936-point jump. Profit-taking started creeping into the market after the Dow surged more than 400 points at the opening, and it was expected that some investors would take...
- News Source: Japan Times | about 1 year agoTokyo stocks snapped a seven-day losing streak Tuesday with the key Nikkei index rising more than 14 percent to post its largest-ever single-day percentage gain, as recent actions and pledges by governments and central banks worldwide allayed...
- News Source: The Daily Star | about 1 year agoWorld stock markets gained ground for the second straight day Tuesday on investor confidence in government moves to shore up shaky banks and keep credit flowing. Following solid gains in Asia and Europe the Dow Jones Industrial Average surged 4.07...
- News Source: Turkish Press | about 1 year agoThe United States will buy up to 250 billion dollars worth of bank shares as it battles to halt the financial crisis, officials said Tuesday, as forecasters warned two key European economies were falling into recession. "This is an essential short-...
- News Source: The Courier-Mail | about 1 year agoJapan's government said it would relax restrictions on companies buying back their own stock and freeze sales of state-owned banking shares. The moves helped to fuel a powerful rally on Asia's biggest bourse, with the Nikkei soaring more than 14 per...
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