Calls For New Global Financial Order Increase
Calls for a new financial world order have increased with EU leaders poised to meet US officials this weekend to demand a “Bretton Woods II” reform of global institutions.
• No Mass Mania for Gold Yet - Less than 1% of Public in Western World Have Invested in Gold
• U.S. Stocks Tumble a Third Day, Wiping Out Rally; GE Slumps
• Oil down 50pc from July high
• What Happens Now to Plan to Buy Toxic Bank Debt?
• Don’t Blame Capitalism
• Spot Gold Price Is Now Meaningless
• Run on Russian bank heightens fears
• Ukraine may borrow up to $15bn from IMF
• ECB gives Hungary €5bn credit line
• AD: See the Future - Subliminal Messages in Video
A comparison of the current Wall Street crash with the events of 1929 shows that the Dow has at least another 27 per cent drop below the bailout bounce before it bottoms out, despite another rout yesterday after which the Dow had lost over 700 points.
• Fire or Ice: Are We Headed Towards Hyperinflation or Deflation?
• Capitalism Without Capital?
• Oil falls over $2, recession looms
• Europe extends global market losses
• Is China Shielded From Derivatives?
• UBS and Credit Suisse bailed out
• FTSE Plunges As Fear Grips Markets
Friday, 17 October 2008
Last Updated: Thursday, October 16, 2008 18:35 GMT
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