OPEC cannot bail world out over financial crisis, says chief...
Unexpected rise in new home sales; Low prices foster flurry of activity...
Russian Central Bank to prevent wild swings in ruble - Shuvalov: "The government and Central Bank consider that sharp changes in the rate of the national currency would be damaging, and this will not be allowed to happen under any circumstances," he said.
Europe on the brink of currency crisis meltdown: The financial crisis spreading like wildfire across the former Soviet bloc threatens to set off a second and more dangerous banking crisis in Western Europe, tipping the whole Continent into a fully-fledged economic slump.
Britain may need 0% interest rate to avoid a depression, leading economist warns: The extraordinary claim from Charles Goodhart, a founding member of the Bank of England's Monetary Policy Committee, came as Gordon Brown signalled that he wants to see further, aggressive cuts in the cost of borrowing.
The Predator State by James Galbraith on Bill Moyer's Journal: Video and transcript: This is the big one. I have been working on financial crises since the New York City rescue in 1975. And this is, by far and away, the biggest threat to the system as a whole that we've seen in my lifetime and I think the biggest threat since the late 1920s.
US public pension funds face big losses: California’s Calpers, the US’s biggest pension fund, last week reported a loss of 20 per cent of its assets, or more than $40bn, between July 1 and October 20 this year.
Banks pull squeeze play on credit cards: Companies cracking down, even on those with good credit, leaving customers to face interest rate leaps, lower credit limits and even canceled cards.
Farm-Credit Squeeze May Cut Crops, Spur Food Crisis: The credit crunch is compounding a profit squeeze for farmers that may curb global harvests and worsen a food crisis for developing countries.
George Monbiot: This Is What Denial Does: . The financial crisis for which we must now pay so heavily prefigures the real collapse, when humanity bumps against its ecological limits.
Oz Dollar Drops 40% For No Reason
Europe On Brink Of Currency Meltdown
Asian Stockmarkets Crash Again
Ukraine OKs $16.5B Rescue By IMF
World Markets Shares Down $16T Since Sept 1
Customer Panic And Bank Run In Kuwait
GM Wants Taxpayer $ To Merge w/ Chrysler
JPMorgan Under Criminal Investigation
Asian Stocks, US Futures Slump
US Stocks Start Day With Further Decline
More US Banks Sell Stakes For Govt Cash
Sept New Home Sales Up - Prices Fall
Credit Squeeze May Cut Crops - Spur Food Crisis
Nikkei Dives 6% To 26 Year Low To Start Week
G7 Not Happy Over Yen's Rise Vs Dollar, Euro
US Dollar Currency Collapse Within 30 Days
Argentina And The US Dollar's Fate
WS Workers Bailing Out Of NYC For Fresh Starts
US Biggest Chicken Producer Facing Big Trouble
US Biggest Chicken Producer Facing Big Trouble
Gold Stocks Were Financial Saviors In 1930s
1929 & 2007 Bear Market Race To The Bottom
The World After The 2008 Presidential Election
Roubini - The Worst Is Yet To Come
Don't Expect China To Save West
America Joins UK On Brink Of Recession
Banks Exploit Legal Loopholes To Seize Homes
Whole System Going Down For The Count
What Bernanke And Hank Aren't telling You
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