Economic and financial crises

ECB, BoE leave interest rates unchanged

whptv.com     9 hrs ago   35 related          

FRANKFURT, Germany (AP) - The European Central Bank has kept its benchmark interest rate unchanged at 4.25 percent even as the 15 countries that use the euro face continued high inflation and fears of slowing growth. Thursday's...                    

AIG shares sink as 2Q results augur further losses

iht.com     2 hrs ago   24 related          

A few years from now, the world's largest insurer might not be so large. "A less complex AIG will be a better competitor," AIG's new chief executive, Robert Willumstad, said during a conference call Thursday with investors....                    

Delinquencies for 2007 mortgages outpacing 2006: report

reuters.com     8 hrs ago   1 related          

NEW YORK (Reuters) - Delinquencies of prime mortgages originated in 2007 are outpacing those made in 2006, suggesting the U.S. housing and financial crisis may be deeper than initial estimates, the Wall Street Journal said on...                    

Country's Broken Hopes And Promises

allafrica.com     34 mins ago          

Posted to the web 7 August 2008 Edgar Tabaro In 1989 the then Zambia's President Kenneth Kaunda presided over the commissioning of a food silos at Masese, Jinja under the Produce Marketing Board. By the way Kaunda lost a...                    

Chrysler's survival plan

cnn.com     9 hrs ago   2 related          

The frailest of Detroit's automakers has been in private hands for a year. CEO Bob Nardelli badly needs a hit if the company is to endure. 15th floor atrium of Chrysler's Auburn Hills, Mich., headquarters. • Chrysler's hits and...                    

Where Raiffesen Goes, Others Need Not Follow

forbes.com     5 hrs ago          

LONDON - As Austrian bank Raiffeisen benefits from robust growth in Central and Eastern Europe, it can also sleep easy knowing that its early entrance into the market may have kept it safe from new Western competitors....                    

The Only Stock Market Chart Investors Need to See

istockanalyst.com     4 hrs ago          

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report With all the negative news that’s right now permeating the global financial markets - hammering stock prices...Money Morning is here to help investors...                    

Tim Giago: Getting Your Ducks in Line before Election Day

huffingtonpost.com     2 hrs ago          

By Tim Giago (Nanwica Kciji)© 2008 Native American Journalists Foundation, Inc. August 7, 2008 After what must seem like ages to most Americans, there are only about 90 days left before the elections.  I cast my first vote...                    

Khonumthung News: Severe food shortages in Chin state focus of WFP meeting

burmanet.org     3 hrs ago          

The severe food crisis in Chin state of Burma was the focus of the meeting of international and domestic non government organizations held at the World Food Program’s (WFP) head-office in Rangoon yesterday. All present agreed...                    

Apartment Demand Holding Up, But Financial Crisis Hurts Capital Availability, According to...

prnewswire.com     47 mins ago          

Apartment Demand Holding Up, But Financial Crisis Hurts Capital Availability, According to National Multi Housing Council Survey WASHINGTON, Aug. 7 /PRNewswire-USNewswire/ -- The ongoing turmoil in the financial markets is...                    

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