ING DIRECT Suspends Foreclosures

"Wilmington, Del.-based ING DIRECT, the nation’s largest direct bank, said Monday morning that effective immediately, it will suspend foreclosure sales on occupied single-family properties through the end of March 2009. The company also said it would suspend all evictions...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

British to disclose clampdown on hate-preachers

230 people who have been barred from entering the UK because they are suspected of preaching hate will be listed and named, and refused entry permanently unless they make public statement renouncing terror, the government revealed today."Preachers of hate who have been banned...

Gloomy forecasts for UK economy

[Gloomy forecasts for UK economy   T The Bank of England governor and an influential think tank have predicted that the UK economy is likely to sink...

British troops 'should go home'

The prime minister of Iraq has said that British troops should withdraw from Southern Iraq because they are no longer needed there, according to reports today."British troops should leave Iraq because they are no longer needed to maintain security, Iraq's prime minister has...

Crash looms as McCain rejects bail

" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...