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Britain showing signs of heading towards 1930s-style depression, Bank of England says: The country is displaying early symptoms of being trapped in a so-called “debt deflation trap” where families find themselves pushed further and further into the red every month, according to a Bank report published today.
UK: Unemployment among young workers hits 15 per cent: Embarrassment for Brown as new figures set to show jobless total has hit 2 million
Global trade collapsing: U.S. exports falling at 49% pace as customers fade away
Completed Foreclosures Hit New High in February: Even pre-foreclosure filings hit a new high, rising to 207,703 in February, up 24 percent from 166,860 in January and nine percent from 190,467 in December, the previous high.
Ghost Town: An American Nightmare: Wilmington, a small town in America’s Midwestern rust belt, was home to the world’s largest private airport. Then recession struck
U.S. credit card defaults rise to 20 year-high: "There is a continued deterioration. Trends in credit cards will get worse before they start getting better," said Walter Todd, a portfolio manager at Greenwood Capital Associates.
China Re-Thinking Holding So Much US Debt
Banks May Be Forced To Pay Taxes
Barclays Gags Guardian Over Tax
More Than 1 Million UK Jobs To Go
Taxes Must Rise To Pay For Climate Change
Mexico To Impose Sanctions On US Exports
Bracing For Wall Street Bailout Backlash
Grassley Suggests AIG Execs Commit Suicide
AIG Releases Bailout Beneficiaries List
Goldman Sachs Lends To Cash-Strapped Execs
US To Seize $69m Ruth Madoff Assets
Citigroup CEO To Get $10 Million Bonus
Completed Foreclosures Hit New High In Feb
Fitts - The Fed Did Indeed Cause The Housing Bubble
Beware BoE's Monetary Con Trick
UK Young Worker Jobless Hits 15%
Britain Heads To 1930s Style Depression
BoE Warns Banking Tensions At Fever Pitch
Brown Pledges G20 Massive Stimulus
Cherie Blair Hired To Sue RBS & Goodwin
IMF To Print Billions Out Of Thin Air
Oil Drops 5% - OPEC Votes To Keep Levels
Hedge Funds May Sue Porsche Over VW
EU Banks Must Reveal Toxic Assets For Aid
Thailand Questions IMF Loan Rules
Australia Slashes Immigration Over Recession
China Lost Billions In Diversity Drive
Turmoil Pierces Heart Of Global Economy
Air Travel Numbers Down First Time In 17 Yrs
Unemployed Screwed Via Debit Cards, Banks
Stewart Knockout Blow To TV Finance Gurus
Stewart Rips Jim Cramer, Financial System Vid
Barclays Tax Dodge Nets £1 Billion
Brits Suffer 17% Plunge In Wealth
Ukraine, Lativia Warn Disaster If Not Helped
Madoff Victims Want Wife's Wealth
10 Applicants For Every UK Job Vacancy
G20 Summit Approves IMF Cash Boost
Cramer's Explanation Of Stock Mkt Manipulation - Vid
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