Thursday, April 02, 2009

More economic issues


March auto sales plunge...

GM asks gov't for $2.6B to build hybrids...

Obama-Hu meeting described as 'G2'...

Beijing's currency challenge...

REPORT: 742,000 jobs axed in March...
Financial Rescue Nears GDP as Pledges Top $12.8 Trillion...

Watchdogs: Treasury won't disclose bank bailout details...

PAPER: Feds plans to ease GM into bankruptcy...

Michael Moore on Firing of GM Head: 'I await the President's next superhero move'...

'We the People' to 'King of the World':

You're Fired!

By Michael Moore

"Did Obama really fire the chairman of General Motors? The wealthiest and most powerful corporation of the 20th century? Can he do that? Really? Well, damn! What else can he do?!" Continue

G20 protesters besiege London banks: About 4,000 have held a series of protests in Britain's capital, one day before the city hosts a meeting of leaders of the G20 countries to discuss the global financial crisis.

G20: China takes on the west: With its confidence boosted by the relative success of its stimulus package, China is predicting that it will lead a global recovery

China's empty threat: If Wen Jiabao stops buying US debt, China's currency will rise – which is what America has wanted all along

Alarming News: Bank Losses Spreading!: For the first time in history, U.S. banks have suffered large, ominous losses in a giant sector that, until now, they thought was solid: bets on interest rates. I’ll explain what this means for your savings and your stocks.

ADP Says U.S. Companies Reduced Payrolls by 742,000 : Companies in the U.S. cut an estimated 742,000 workers in March, pointing to no relief in sight for the labor market amid the longest recession in seven decades, a private report based on payroll data showed today.

US property prices down 29pc and still falling fast: The latest figures dash hopes that emergency action by the US Federal Reserve over the winter would at least slow the pace of decline.

Russia, China Cooperate On New Currency Proposals

Unmasking The Fed - Vid

Failures May Swamp Pension Insurer

Obama Flies To Fortress London For G20

G20 - China Takes On The West

G20 - Sarko Tries To Take The Glory

Protesters Surround BoE - 'Cradle Of The Crunch'

US, UK Fiscal Deficits Cast Long, Dark Shadows

GM Restructuring May Involve Bankruptcy

Workers Belfast Sit-In After Car Co Collapses

US Property Prices Down 29% & Dropping Fast

Japan Business Confidence At Record Low

Chinese Manufacturing Sector Worsens

South Korean Exports Down 21.2%

India's Economy 'More Durable' Than China

China's Empty Dollar Threat

UK - No More Money To Put Into Economy

Rich Investors Sue Queen's Bankers

It's Time For Banks To Bow To Govt

BoE - Interest Rates To Soar

Banks Demand Homes As Biz Loan Security

Global Economy Set For Record Fall In 2009

Surge In Global Unemployment Due

Japanese Unemployment Hits 3 Year High

German Joblessness Rises Sharply In March

Crude Oil Price Collapse See Industry Consolidation

Cook - Credit As A Public Utility

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