Wednesday, January 14, 2009

More economic issues

SONY expected to report operating loss...
Hong Kong named world's freest economy...
Bernanke urges clean-up of US banking...

CITIGROUP TO BREAK ITSELF UP...

FIGHTS OFF $5 SHARE LEVEL...

Obama stimulus: Increase likely for low-income elderly...

Pension Losses Pit Old Against Young as States Beg for Relief...

Economic Rescue Package May Not be Enough, Bernanke Tells Obama

By Heather Stewart

Speaking at the London School of Economics this lunchtime, Bernanke said the fiscal package planned by the incoming president would provide a "significant boost" to the US economy but the government would need to do more to stabilise the financial system. Continue

Warning that house prices may fall by 80%:: IRELAND WILL see more demolition than construction of houses over the next decade, as the economy struggles to recover from the collapse of the housing market and the emergence of “zombie” banks, UCD economist Morgan Kelly told the conference.

State Pensions’ $865 Billion Loss Affects New Workers : State governments from Rhode Island to California have run up estimated pension-fund losses of $865.1 billion, forcing some to cut benefits for new hires.


Depression 2009 - Biggest Train Wreck In History

Roubini Forecasting 40% Home Mortgage Failures?

Capitalism At Risk - Live Free Or Die

How Deregulation Fueled The Financial Crisis

State Pensions $865B Loss Affects New Hires

Trading In Gold Soars By 60%

GM, Chrysler Want More Bailout Money (big surprise)

US Car Workers Protest Bailout Wage Cuts

S&P May Strip Spain Of Top AAA Rating

Chinese Exports Biggest Fall In Decade

UK Trade Deficit For Month Is $16 Billion

Christmas Was Cancelled Say Sales Figures

RBS $7B Loan To Bankrupt US Chem Firm

Thousands More UK Jobs Gone

The Death Of Capitalism

Russia, China, Brazil, India To Collapse 2009?

Credit Solutions That Should Scare You

Too Big To Fail?

US Debt Crisis 2009

How To Resolve The Credit Crisis

Madoff To Stay Free On Bail (Of Course)

Decade Of Weakness Ahead For US

Super Tankers Sought To Store Oil At Sea

Oil Falls Below $40 - Demand Dropping Faster





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