Barclays Shares Slump 25% In One Hour US Gloom Deepens As Factory Output Tumbles Reviving World Economy Further Away Than Ever Bank Crisis Reignites As US Giants Post Massive Losses Honda Stops Production For Two More Months Money Manager Goes AWOL - $350M Missing Bailed Out Banks Operate In Tax Havens Cost of the Bush era: $11.5 trillion: The outgoing administration has presided over 8 years of disasters and crises with some of the biggest price tags the nation has ever seen. Investors dump $89B in U.S. securities in historic fire sale: As the global financial crisis grew more severe this summer, foreigners sold almost $90 billion of U.S. securities — the greatest quarterly fire sale by overseas investors since the government began keeping track in 1960. China gives car makers a boost: The package includes the halving of sales tax on small cars and subsidies designed to revive the country's car industry, one of the pillars of the world's third-largest economy.
Sunday, 18 January 2009
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