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Bank seen slashing rates to 2 percent - MSN UK News
LONDON (Reuters) - The Bank of England could slash interest rates to their lowest in more than half a century later on Thursday amid mounting evidence the rapidly sinking economy may be heading for a full-blown depression. Policymakers had already ...

Stock & fund quotes - ninemsn
SYDNEY, Dec 3 (Reuters) - Commonwealth Bank of Australia and Westpac Banking Corp are expected to raise up to A$3.5 billion ($2.3 billion), possibly before Christmas, as they prepare for rising bad debts in a slowing global economy ...

UPDATE 2-China, U.S. pledge cooperation after 'robust' talks - Forbes
BEIJING, Dec 5 (Reuters) - China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation when President-elect Barack Obama takes office. Among the few concrete ...

Bush administration ignored regulators' warnings of mortgage meltdown - Bloggingstocks.com
Experts inside the Bush Administration tried to warn about the mortgage meltdown . They even proposed new regulations to set guidelines for the risky loans written by the banks who now have their hat in hand looking for a bailout. The banks fought ...

Nov 30 - Dec 06 (163) - Andrewsullivan.theatlantic.com
In 2006, adjusted for purchasing power, the United Kingdom spent $2,760 per person on health care. America spent $6,714. It's a difference of almost $4,000 per person, spread across the population. That's $4,000 that can go into wages, or schools, or ...

TOPWRAP 5-Sweden makes dramatic rate cut, Europe poised - Forbes
LONDON/TOKYO, Dec 4 (Reuters) - Sweden cut interest rates by a record 175 basis points on Thursday, prompting speculation of dramatic cuts elsewhere in Europe to try to stop a global slump spreading faster than policymakers had anticipated. Japanese ...

Check Services - Commodity Online
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more ...

Viewing all entries for: December 2008 - Economist.com
There has been a fascinating discussion taking place on depression economics. Paul Krugman, who's rereleasing his book on the subject, touched off the latest round with a note on wage policies, aggregate demand, and aggregate supply. Greg Mankiw ...

Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Gates a 'Done Deal' - ABC News Blogs
Sources tell ABC News that Defense Secretary Robert Gates will be staying on in the top Pentagon job, for at least the first year of the Obama administration. "It is a done deal," a source close to the process tells ABC News. Gates, while a ...