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Sat. November 22, 2008

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The news this week has only reinforced the fact that we are facing an economic crisis of historic proportions. financial markets faced more turmoil. ...
Geithner helped lead US efforts to combat the deepest financial crisis in seven decades, helping oversee the decisions to take over American International ...
South Korean President Lee Myung-bak repeated his government's mantra, drawn from the lessons of the 1997-98 Asian financial crisis, that measures to combat ...

22 (Xinhua) -- US President George W. Bush on Saturday called on world economies to keep market open and reject protectionism to overcome the ongoing global ...
BERLIN (Reuters) - The US economy needs additional support measures of between $300 billion and $600 billion to help it withstand the financial crisis, US ...
By SAKI KNAFO IN a diagram on display at the Museum of American finance, a jagged red stripe runs from left to right - starting in 1896, when the Dow Jones ...
By Orla O'Sullivan The other shoe is about to drop," said Gerard Cassidy, managing director of bank equity research with RBC capital markets (US$1.6 billion ...
But with Citigroup's troubles opening a new chapter in the long-running financial crisis, government officials said that the Treasury Department was ...
By contrast, the United States and other nations have responded to the real-world financial crisis by trying to save banks and encourage responsible ...
At the moment, the relationship between the United States and China is going through a pivotal period and China is willing to work with the United States to ...
A credit crunch sparked by the collapse of US mortgage finance has triggered a recession that shows signs of deepening, with US job losses totaling 1.2 ...
The agency, which doesn't name "problem" lenders, will update its assessment on Nov. 25 while reporting on the industry's third-quarter financial results. ...
Geithner has helped lead US efforts to combat the deepest financial crisis in seven decades, helping oversee the decisions this year to intervene in ...
Despite Obama's soaring popularity around much of the world, some Asian nations worry he will change US trade policy when faced with the financial crisis. ...
Little wonder then that the US capital was besieged by the world media as Presidents, Prime Ministers and finance ministers of these nations converged amid ...
Geithner is a veteran who has helped lead the effort to end the deepest financial crisis in seven decades and at the same time has spent most of his career ...
2008 The world's financial crisis appears to have energized Islamic militants and their supporters. Groups that monitor terrorist Internet traffic have seen ...
By Gina Keating SIMI VALLEY, California (Reuters) - treasury secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused ...
Stocks fell in Europe and Asia as concern mounted the economic slowdown will cut profits at financial firms and commodity producers. ...
Viteri, the fourth finance minister during Correa's 22- month-old administration, said the commission's preliminary report pointed to ``signs of illegality ...
WASHINGTON, Nov 19 (Reuters) - A top banking regulator said on Wednesday that the US financial system, though still having problems providing credit to ...
The retreat in the US followed declines in Europe and Asia as concern mounted the economic slowdown will cut profits at financial firms and commodity ...
Why would we accelerate this sorry state of affairs at a time of national crisis by sitting on our hands and letting a signature American industry collapse? ...
Fourth, it has so far primarily been the American and British financial systems that have been in the firing line, with some Japanese banks also exposed. ...
MIT joins a growing number of US universities grappling with the worst financial crisis since the Great Depression. Dartmouth College in Hanover, ...
"Some of this TARP money has to be used for mortgage foreclosure prevention," House Financial Services Committee chairman Barney Frank told Paulson at an ...
In comments early Wednesday, Federal Reserve Vice Chairman Donald Kohn said regulation is the best means of preventing another financial crisis. ...
"It will also help us transform our industries and steer our country out of this economic crisis," he said, citing a frequently mentioned estimate of 5 ...
By Robert Schroeder, MarketWatch WASHINGTON (MarketWatch) -- The chief executives of the Big 3 US automakers warned of a crisis for the US economy if their ...
The statement continued: "We hope to work together in the days and months ahead on critical challenges like solving our financial crisis, creating a new ...
Insurers are under pressure to raise capital after the worst financial crisis since the Great Depression pushed down the value of investments they hold to ...
In an effort to avoid the effects of the global financial crisis and weakening economic conditions, TechFaith strengthens its position in the Chinese market ...
``When the panic of the financial crisis is over, market participants will probably look for an eventual Fed tightening to reverse excessive easing earlier ...
CIT joins insurer Hartford Financial Services Group Inc. and American Express Co., the largest US credit-card company by purchases, in seeking to reorganize ...
Both Countrywide and Merrill were crippled by the fast-spreading financial market crisis. In its latest move announced on Monday, Bank of America will buy ...
"We have a huge financial problem in this country," said Joe Antos, a healthcare scholar at the conservative American Enterprise Institute, who called the ...
The KBW Bank Index's retreat to a 12-year low last week may signal investors in US financial stocks are ``ignoring'' an improvement in credit markets since ...
The impact of the US-bred financial crisis on China has quelled for now growing talk that Chinese growth had been "decoupled" from the health of Western ...
by globalization, finance, politics forum Tuesday, Nov. 18, 2008 at 12:25 AM Is the deep-seated financial crisis of US and Europe leading to political, ...

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