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Posted by:
arjun
Alabaster :: AL :: USA
| updated Fri Nov 28 16:36:33 -0800 2008
| political-news
CHICAGO - Citing an "economic crisis of historic proportions," President-elect Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible, a rare pre-inaugural call to action delivered as the outgoing Bush administration approved fresh billions...
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Posted by:
arjun
Washougal :: WA :: USA
| updated Thu Nov 27 15:44:11 -0800 2008
| political-news
CHICAGO - Eager to calm economic anxieties, President-elect Barack Obama is rolling out an economic vision that will require congressional cooperation even before he settles into his new desk in the White House's Oval Office. Obama will introduce his new...
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Posted by:
arjun
Washtucna :: WA :: USA
| updated Thu Nov 27 09:50:39 -0800 2008
| business-news
WASHINGTON - Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company. Regulators hope the dramatic action will bolster...
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Posted by:
arjun
Gan Yavne :: Israel
| updated Thu Nov 27 14:31:18 -0800 2008
| business-news
GAZA CITY, Gaza Strip: The term "financial meltdown" is taking on a whole new meaning in the Gaza Strip: Under pressure by Israeli sanctions, local banks are literally running out of cash. Most banks have sharply curtailed withdrawals, the U.N....
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Posted by:
arjun
New York City :: NY :: USA
| updated Wed Nov 26 01:51:34 -0800 2008
| business-news
Until a late-day rally on Friday, sparked by word that President-elect Obama would name Timothy Geithner as his new Treasury secretary, last week was another brutal one for the stock market, with the S&P 500 stock index hitting an 11-year...
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Posted by:
arjun
Baghdad :: Iraq
| updated Thu Nov 27 14:30:09 -0800 2008
| political-news
When Ray Odierno took over the top military post in Iraq from General David Petraeus in September, there was a lot of hand-wringing among folk at defense think tanks in Washington worried that he was the wrong man for the...