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Europe cuts rates as Obama to address global crisis
(Reuters) Reuters - Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U.S. retail sales in decades and an IMF forecast for an economic contraction not seen since World War Two. Home > Rss Directory > General > Yahoo News |
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Europe poised to cut rates as global slump deepens
(Reuters) Reuters - Central banks in Europe are poised to slash interest rates on Thursday to try to contain a global economic slump that appears to be spreading faster than policy makers in the industrialized countries had anticipated. Home > Rss Directory > General > Yahoo News |
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India's central bank cuts rates India's central bank unexpectedly cuts short-term lending rates in response to continued pressure from the global financial crisis. Home > Rss Directory > General > BBC World |
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Big U.S. job losses likely to spur more rate cuts
(Reuters) Reuters - A report on Friday expected to show the biggest monthly U.S. jobs loss in 26 years is set to pile more pressure on the Federal Reserve to slash rates again and add urgency to an automaker bailout as the global economic crisis deepens. Home > Rss Directory > General > Yahoo News |
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Australia cuts rates, global stocks sag
(Reuters) Reuters - Australia slashed rates by a full percentage point on Tuesday and Japan's central bank met to consider its response to an acute cash squeeze, kicking off another global push to shore up economies and soothe markets. Home > Rss Directory > General > Yahoo News |
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Obama to Foster US-Europe Relations - Voice of America ABC NewsObama to Foster US-Europe RelationsVoice of America - 7 hours agoBy Andre de Nesnera After Barack Obama takes the oath of office January 20 as the 44th President of the United States, his administration will face a host of problems including the global financial Home > Rss Directory > General > Google News |
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Europe in recession, U.S. in pain as world leaders meet
(Reuters) Reuters - Europe officially fell into recession on Friday and the U.S. economy suffered thousands more layoffs and the biggest retail sales dip on record as world leaders headed to Washington to address the worst financial crisis in 80 years. Home > Rss Directory > General > Yahoo News |
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Chrysler cuts salaried jobs, Europe carmakers warn
(Reuters) Reuters - A worsening global auto downturn has forced deep salaried job cuts at Chrysler, where merger talks with General Motors Corp intensified on Friday, and a warning at France's PSA Peugeot Citroen. Home > Rss Directory > General > Yahoo News |
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Ex-BOE official says Fed rate cuts went too far
(Reuters) Reuters - The Federal Reserve's decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday. Home > Rss Directory > General > Yahoo News |
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China Cuts Key Rates First Time In Six Years On Rising Global Credit Risks (AHN) (AHN) - Post-Lehman Brothers Holdings Inc. bankruptcy, global credit markets are likely to increase pressure on the financial firms in emerging markets. Fearing the fall out, China has slashed its interest rates for the first time in Six years. - Mon, 15 Sep 2008 13:30:49 GMT Home > Rss Directory > Business > AllHeadline |
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News Analysis: Europe’s Leadership in Carbon Control at Risk in Credit Crisis Europe’s role as a global leader in combating climate change risks becoming the next victim of the global financial crisis. Home > Rss Directory > Business > NY Time |
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Gloomy U.S. consumers cut spending, Japan cuts rates
(Reuters) Reuters - Grim reports showing American consumers tightening their belts and the U.S. business outlook weakening deepened fears about global recession , while a Japanese rate cut on Friday did little to stem the bleeding. Home > Rss Directory > General > Yahoo News |
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Fed cuts rate to virtual zero, Europe braces for recession
(AFP) AFP - The US Federal Reserve slashed its key interest rate to virtually zero to counter deflation and a global financial crisis as European governments braced for deeper recession. Home > Rss Directory > General > Yahoo News |
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Fed holds rates steady, spurning calls for cuts
(Reuters) Reuters - The Federal Reserve held U.S. interest rates steady on Tuesday and showed little inclination to lower them soon, spurning calls for cuts from financial markets roiled by the bankruptcy of investment bank Lehman Brothers Holdings Inc . Home > Rss Directory > General > Yahoo News |
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China Urged to Help Fight Crisis as Asia, Europe Leaders Gather - Bloomberg Aljazeera.netChina Urged to Help Fight Crisis as Asia, Europe Leaders GatherBloomberg - 53 minutes agoBy Dune Lawrence Oct. 24 (Bloomberg) -- China, the world's largest holder of foreign currency, will be pressed to get more involved in combating the global financial c Home > Rss Directory > General > Google News |
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Obama picks housing secretary - Austin American-Statesman ReutersObama picks housing secretaryAustin American-Statesman - 51 minutes agoBy Philip Elliott, Jim Kuhnhenn AP CHICAGO - President-elect Barack Obama rounded out his economic team Saturday, naming his choice for housing secretary, and gave new prominence to the mortga Home > Rss Directory > General > Google News |
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Ex-BOE official says Fed rate cuts went too far NEW YORK (Reuters) - The Federal Reserve's decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday. Home > Rss Directory > General > Reuters |
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Fed cuts growth forecast and warns of downside risks - Reuters China DailyFed cuts growth forecast and warns of downside risksReuters - 2 hours agoBy Mark Felsenthal WASHINGTON (Reuters) - The Federal Reserve on Wednesday sharply lowered its forecast for economic growth in 2008 and said it was worried the economy could face furthe Home > Rss Directory > General > Google News |
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G7 cuts growth view, shows worry on U.S. dollar drop
(Reuters) Reuters - Finance chiefs from rich nations offered a gloomier assessment of the global economy on Friday and vowed to act swiftly on wide-ranging reforms aimed at moving beyond a credit crisis that threatens world growth. Home > Rss Directory > General > Yahoo News |
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Falling pound brings iTunes UK into line with Europe Apple UK escapes price cuts Apple no longer needs to lower the price of songs on iTunes UK in order to achieve pricing parity with the rest of Europe - fluctuating exchange rates have done the job for it.… Home > Rss Directory > General > The Register |