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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- News Source: Zawya Political | about 1 year agoStock markets soared for a second day running on Tuesday, with Tokyo posting its biggest-ever gain after governments worldwide threw lifelines to ailing banks amid the worst financial crisis of the past century. Tokyo closed up by a record 14.15...
- News Source: Seattle Times | about 1 year agoAsian markets soared for a second day Tuesday, led by a record 14 percent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system...Tokyo financial...
- News Source: Kyodo News | about 1 year agoTokyo stocks snapped a seven-day losing streak Tuesday morning, with the key Nikkei index gaining about 13 percent from a five-year and five-month low Friday, as investors were assured recent actions and pledges by governments and central banks...
- News Source: Kyodo News | about 1 year agoTokyo stocks opened sharply higher Tuesday, with the benchmark Nikkei index recovering the 9,000 level and up from a five-year and five-month low Friday, as investors were assured recent action and pledges by governments and central banks worldwide...
- News Source: The Age | about 1 year agoWall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the US Treasury to buy stocks of some banks. All the major indices rose about seven...
- News Source: Australian Broadcasting Corporation | about 1 year agoThe Dow Jones Industrial Average showed a rise of 938 points, or 11.11 percent, to 9,390.08 points at the closing bell. The gains came after Eurozone countries announced details of their huge bank rescue plan and followed similar surges on the...
- News Source: Newstalk ZB | about 1 year agoAsia's largest stock market, Tokyo, was shut for a public holiday. It slumped 24 percent last week. In overnight trade, European stocks rocketed. Paris, the CAC rose 11.18 percent, recording its largest-ever one day gain. The Frankfurt Dax also...
- News Source: CNN | about 1 year agoThe U.S. dollar fell against the euro and the pound Monday after government officials world wide announced coordinated efforts to stabilize financial markets. The 15-nation euro traded at $1.3592, up from $1.3565 late Friday in New York...But the...
- News Source: Zawya Political | about 1 year agoGlobal stocks leapt, with 6.0-percent gains in Europe and 10-percent in Hong Kong early on Monday, in a sharp rally of relief after world leaders agreed to pump billions of extra dollars into banks crippled by the credit crunch. Leading indices had...
- News Source: The Mercury | about 1 year agoEuropean leaders agreed to inject billions of dollars into troubled banks in an attempt to restore confidence in the financial system. The Paris stock exchange opened up 5.36 per cent .The French index rose 170.19 points to 3346.68, after losing...
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