Wednesday, July 30, 2008

More economic issues

Oil Prices Drop, Easing Fears of Energy Shock...

Bush renews push for offshore drilling...

Home prices drop by record 15.8% in May...

Singapore Saves MERRILL...

Nationwide shutdown of BENNIGAN'S restaurants....

STARBUCKS to shut majority of its Australian stores...

Eaten Up

Stuffed and Starved

By Ed Pilkington

Ed Pilkington meets the soothsayer of agro-economics and talks about what will happen when all the food finally runs out. Continue

BP's 2Q Profit Rises 28% On Higher Oil Price: The U.K. oil major posted a net profit of $9.47 billion for the three months ended June 30, or 49.8 cents a share, up from $7.38 billion, or 38.2 cents a share, a year earlier.

IMF predicts no end in sight to credit crisis: The IMF believes banks are in for more pain as mortgage defaults soar and economies slow.


How Wall Street Wrecked Your Retirement

The Last Hurrah For The Banking System

World Trade Talks Fail

Merrill Lynch Needs $8.5 Billion In Cash

UK Banks Dive On Merrill Shock Fundraising

UK Mortgage Loans Hit Record Low

UK Mrtge Slump To Continue For Years

UK Retailers Worst Month In 25 Years

IMF Sees NO Sign Of Recovery

Venezuela Will Sell Spain Oil At $100 A Barrel

US Banks Going Straight To Hell On $1.5T Losses

Eurozone May Beat Britain To Recession

UK House Prices Dive Again - Realtors Raise Fees

Bernanke/Paulson/Bair Banking Crisis Next Step

Bernanke Seeks Great Depression To Test Thesis

Mortgage Crisis - Sub-Prime Capital USA

US Natl Debt Limit Raised For Gigantic Bailout

Uninsured WaMu Depositors Asking For Trouble!

Putting The 'Federal' Back In Federal Reserve

US Housing Still Overvalued By 20%

US Foreclosures Double As House Prices Decline


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