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Shock worldwide interest rate cuts, including 0.5% in UK - Times OnlineCentral bankers around the world took emergency action to end the market meltdown today with co-ordinated interest rate cuts designed to give the global economy a lift in the face of recession. The Federal Reserve led the way, slashing its key ...
British taxpayer to be tied into £50bn bank bailout - Times OnlineBritain’s taxpayers will tomorrow be committed to spending more than £50 billion to bail out the high-street banks in a bid to avert a cataclysmic failure of confidence, The Times learnt tonight. Alistair Darling will tell the City in an early ...
Congress must act for Main St. - Recorder Community NewspapersWe are flabbergasted that seven of the 13-member state Congressional delegation voted against the administration’s financial market rescue plan, including Rep. Rodney Frelinghuysen, R-11. No region of this country has more to lose by a Wall Street ...
Alistair Darling poised to annouce bank rescue package - Times OnlineChancellor Alistair Darling is to announce a comprehensive rescue package for the embattled banks tomorrow. Following talks tonight with Bank of England Governor Mervyn King and Financial Services Authority chairman Lord Turner, Mr Darling said he ...
Staff photo by Dan Reiland - Eau Claire Leader-Telegram- Chippewa County: Veterans Assistance Program, Northern Wisconsin Center, Chippewa Falls, 726-2541; Starting Points, Chippewa Falls, 726-7937. -Dunn County: House of Hope, Menomonie, 715-235-2975. - Eau Claire County: Beacon House, Eau Claire, 834 ...
Show your support. - Huffingtonpost.comLISTEN TO THE FULL OBAMA April 6. FUNDRAISER SPEECH HERE Some highlights - Obama responds to Krugman toward the end of the audio (46:20); Obama discloses his trip to Pakistan (40:17); Obama discusses fundraising successes (15 min); Obama discusses ...
B&B slashes hundreds of mortgage jobs, throwing future into doubt - Times OnlineEmbattled mortgage bank Bradford & Bingley (B&B) announced plans to sack 370 people today as its future as an independent business was thrown into fresh doubt. Shares in the bank, which is grappling with a flood of buy-to-let mortgages turning sour ...
How to seek protection from the storm - This is MoneyThe tempest engulfing banking is sending waves lapping into every aspect of our personal finances - from the safety of savings to the returns on investments and even, ultimately, the security of our jobs and pensions. The clear message from the ...
Market report: Friday close - This is MoneyBritish Energy's run of bad luck continues. It was among the biggest blue-chip casualties today, touching 525½p before reducing the deficit to 10p at 538p after finding more cracks in the boiler tubes at its ageing Hinkley Point nuclear reactor in ...
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