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Cracks in U.S.-China Relations Are Widening Again in Crisis
The New York Times reports on growing tensions between two of the world’s biggest trade partners: China and the USA. The article exposes how: Share
2008 sees gigantic drop in the US stock market
The year 2008 is coming to an end. The two most memorable events this year that will probably go down in history books include Share
Japan insurers seek merger as crisis takes toll
As the economic crisis unfolds, countries around the globe are seeing their companies crumble or weaken. Reuters reports on the latest tolls Share
World faces “total” financial meltdown
The AFP reports on the interview the governor of the Bank of Spain held with El Pais on Sunday: “The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a “total” financial...
Credit Crisis Cost Tops $1 Trillion
An insightful article on Bloomberg.com reveals how the credit crisis cost has now topped $1 trillion. “Losses and writedowns from the credit crisis Share
A quick solution for the housing and economic crisis
I just read an interesting letter to the editor on The Seattle Times which although rather simplistic, makes a very powerful point. The letter to The Seattle Times editor reads: Share
Depositors picket bank in first Moscow crisis protest
Reuters reports on a recent event in Moscow, where depositors are demanding to be able to withdraw money from their deposit accounts. Share
Bush bails out GM and Chrysler
“George W. Bush yesterday handed the fate of US car makers to president-elect Barack Obama as he announced plans to lend General Motors and Chrysler $17.4bn Share
EU ministers to address economic crisis in Paris
Anna Wilard from the Guardian reports on Thursday’s meeting between European ministers in Paris Share
