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FTSE bounces back as Brown tells beleaguered Stock Market: 'You will be stronger for the future'
News | www.dailymail.co.uk | 2 hours 15 minutes ago
Details of a dramatic £37 billion rescue for the banking sector helped lift the FTSE 100 Index up by more than 5% today. Details of a dramatic £37 billion rescue for the banking sector helped lift the FTSE 100 Index up by more than 5% today.
VIETNAM WELCOMES AUSTRALIAN PLEDGE ON SEAFOOD IMPORTS - Zibb.com
News | www.zibb.com | 3 hours 7 minutes ago
Vietnam has welcomed a pledge by Australia to reconsider quarantine restrictions against seafood imports from the South-East Asian nation. And it has once again agreed to spare the lives of two Australians who were facing the firing squad in Vietnam for drug trafficking. The two countries celebrate
http://www.zibb.com/article/4148050/VIETNAM+WELCOMES+AUSTRALIAN+PLEDGE+ON+SEAFOOD+IMPORTS
Stephen King: Lessons from the Great Depression of the 1930s have not been learnt
News | www.independent.co.uk | 12 hours 39 minutes ago
We are living through financial history of the tragic kind. As of Friday's close, America's stock market had declined in value by well over 40 per cent compared with its peak a year ago. Already, this ranks as the fifth biggest stock market decline since the 1920s, beaten only by the 1929 Wall
Amid the meltdown, economics Nobel no easy pick (AP)
News | news.yahoo.com | 20 hours 17 minutes ago
If history is any guide, this year's Nobel economics prize will award the developers of economic theories that have had the time to take root, grow and prove resilient.
http://news.yahoo.com/s/ap/20081012/ap_on_bi_ge/eu_sweden_nobel_economics
O'Brien: Has this week changed the world forever?
News | www.mercurynews.com | Oct 11, 2008
That was the subject line for an e-mail alert from the Wall Street Journal. And for me it crystallized the fact that we have passed the threshold from crisis to historic moment. People have glibly been tossing around comparisons to the Great Depression. That still seems like a stretch.
Brazil wants its say in new financial order
News | www.sfgate.com | Oct 10, 2008
Brazil's president said Friday that emerging market nations like Brazil must have a strong say in developing strict international rules for financial institutions. Brazil and other developing countries "need to learn from this crisis to construct a new world...<a
Great Depression
News | news.bbc.co.uk | Oct 9, 2008
The 1929 Crash - the biggest stock market drop in the US economy in history - is a case study in how not to respond to a crisis.
The Fed: Fed, major central banks slash rates in coordinated easing
News | www.marketwatch.com | Oct 8, 2008
The U.S. Federal Reserve, the Bank of England, the European Central Bank and other major central banks all moved to slash key interest rates Wednesday as they struggle to head off global financial turmoil that has threatened to throttle world economic growth.
Did JPMorgan Almost Fail? - Seeking Alpha
News | seekingalpha.com | Oct 7, 2008
I wrote about a very strange occurrence - the reporting of J.P. Morgan “transferring” 138 billion dollars to Lehman, after Lehman had already filed for Chapter 11 bankruptcy early last Monday morning…It is highly likely [or a certainty on my planet] that J.P.
http://seekingalpha.com/article/98850-did-jpmorgan-almost-fail
US barge freight hits record high after hurricanes
News | uk.reuters.com | Oct 6, 2008
By Lisa Shumaker CHICAGO, Oct 6 (Reuters) - U.S. barge freight rates on interior rivers have hit record levels in some spots due to problems caused by hurricanes Gustav and Ike earlier this year,
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