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Gordon Brown and David Cameron clash over who has best lifeline for ... - Times Online
Help for savers was on the way last night after a Conservative pledge to scrap tax for investors on modest incomes was followed by hints of government measures to come in the Budget. The divide between the political parties over how best to tackle ...

NY begins purchasing mortgage securities - ninemsn
The Federal Reserve Bank of New York says it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program, initially announced November 25, allows the Fed to spend $US500 billion ($A702.05 billion ...

Daily Report - Baton Rouge Business Report
Fireworks exploded in a kaleidoscopic shower of light over Sydney's shimmering harbor Wednesday night, as the world's first major city to ring in 2009 celebrated the end of a decidedly rocky year with cheers, beers and a sense of relief. Spectator ...

2009 good time to buy property: broker - ninemsn
Australians could find 2009 an opportune time to buy property, but they should not expect a swift recovery in housing prices. Loan Market Group executive director John Kolenda says low interest rates and subdued property prices combined with ...

Asia Stocks Rise on Expectation U.S. Spending Will Boost Growth - Bloomberg
Jan. 7 (Bloomberg) -- Asian shares rose, lifting the benchmark index by the most in three weeks, as U.S. President- elect Barack Obama said stimulus spending will continue for years, boosting confidence consumption in the world’s biggest economy ...

SNAPSHOT - Financial Crisis - 1925 GMT - Reuters
- Factories cut output, jobs around world. European carmakers show weak data. U.S. factory activity falls to 28-year low in Dec - Ford ( F.N ) sees drop in U.S. sales. Chrysler LLC gets initial $4 billion emergency loan from the U.S. government - U.S ...

Programs helped Tri-Cities keep low foreclosure rate - Johnson City Press
So where did it all go wrong in the affordable housing world, and how has the Tri-Cities managed to avoid the fate of so many communities battered by foreclosures and dropping values? Johnson City’s community development director, Steve Baldwin ...

Stock & fund quotes - ninemsn
HONG KONG, Dec 31 (Reuters) - Asian shares rounded out their worst year ever on Wednesday, down 50 percent after 12 months of financial market and economic turmoil, but optimism that 2009 will be an improvement lifted stocks for a third straight ...

AFTER A HORRIBLE 2008, THE AWARD GOES TO. . . - New York Post
WHAT a long, strange year it was. Office buildings worth $1,500 a foot on Jan. 1, 2008, might be worth less than half of that now - and that's assuming a buyer would be willing to pay that amount, and could even get financing. Hedge funds turned out ...

FORECASTING FEAR - New York Post
When it comes to the annual Wall Street guessing game, even the market's best predictors aren't making any bets about 2009. Indeed, after many of Wall Street's best and brightest got 2008 so terribly wrong, few are willing to risk their good names ...