Bush Prepares Last-Ditch Rescue Plan for Gm and Chrysler

President Bush is preparing a last-ditch financial rescue of General Motors and Chrysler after the White House admitted that bankruptcy of either company would deliver a devastating blow to the US economy. Emergency funding of $14bn (£9bn) is expected to come from the $700bn...

Merkel Relents: Economic Rescue Plan for Europe Approved

A £200billion Europe-wide economic rescue plan has been approved in Brussels, after Germany's chancellor Angela Merkel relented and approved the deal. A huge row has been brewing beterrn Germany and the UK over...

Build Confidence in the Banks or Government? Or neither!!

The International Institute of Nonviolence News&Opinion By: Rev. Jermano   What is the issue with this confidence building? We don't have confidence in the banks because they have so many bad loans on...

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