Ecuador auditor urges debt default: The official overseeing an audit of Ecuador's foreign debt said his committee found evidence of abuses and irregularities tied to almost all of the country's bonds and will recommend a default on $10.3 billion in national debt. Lawmakers, Treasury lock horns on foreclosures: The U.S. Treasury Secretary and members of Congress locked horns on Tuesday over a $700 billion financial bailout fund, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies. Depression 2009: What would it look like?: By looking at what we know about how society and commerce would slow down, and how people respond, it's possible to envision what we might face.
Wednesday, 19 November 2008
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