Wednesday, May 14, 2008

More economic issues

UPDATE: Home Prices Decline in Two-Thirds of Cities; Foreclosures Increase...

UK: Housing market worst for 30 years: Confidence in Britain's housing market has sunk to its lowest level for more than 30 years, figures to be published today will reveal, as property prices continue to fall and mortgage lenders restrict home loan finance.

JPMorgan Chase CEO: Recession Just Beginning: JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.


US Heading For Double-Digit Inflation

UK Expects Homes To Drop 5-10% In 2008

UK Fuel Costs Soar - Inflation Up 3%

Americans Sell Personal Possessions For Cash

UK Mortgage Lending Worst In 30 Years


Royal Dutch Shell Pulls Out Of $10B Iran Project



FEEL NO PAIN: INFLATION 'EASES' AS FOOD PRICES JUMP MOST IN 18 YEARS...

Oil steady after record near $127...




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