Tuesday, April 22, 2008

More economic issues

UPDATE: BANK OF AMERICA Profit Falls 77% on $6 Billion Bad Debt...
PAPER: America faces food rationing?...

Japan's food crunch becomes dire warning for other nations...

Oil Hits $117...

Saudis put capacity rise on hold...

Russia wants to buy western companies with oil cash...


HOW HIGH?


Dollar falls on Bank of America results; euro up: The dollar fell on Monday after unexpectedly weak profits from Bank of America dampened investors' optimism that U.S. financial companies may escape the pinch of the crisis in global credit markets.

Bush, Harper, Calderon Defend Trade Amid Backlash: President George W. Bush and the leaders of Canada and Mexico are using a summit meeting today in New Orleans to defend free trade and $930 billion in cross-border commerce against a political backlash. It won't be easy.

Credit Crisis Turns Into Credit Armageddon

Gas Hits Record $3.50 - Oil Rockets Over $117


77% First Quarter Bank Of America Profit Drop


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