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US superpower status is shaken
After the end of the Cold War and demise of Russian empire America remained the only big superpower but it seems latest development in the financial world and on the other fronts have shaken its position. The... U.S. Fed leads round of global interest rate cuts .....
"U.S. Fed leads round of global interest rate cutsMove is to handle the worst financial crisis since 1929 stock market crash""BREAKING NEWS MSNBC News ServicesWASHINGTON - The Federal Reserve, acting in coordination... Early London rally wiped out, European market volatile
Stock markets across Asia-Pacific bounced back after huge losses for last many days in early trading. Several governments took desperate economic measures to survive the crisis. Indian government had cut down credit... Father kills family and himself, despondent over financial losses
In these unprecedented financial crisis unexpected is happening. A mother of all bail out to the tune of $700 billion to rescue the financial world. But impact of the crisis is already started happening. People have... Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%
"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread... Who could have ever seen this financial mess coming? By Tom Tomorrow (Politi...
In 6 quick panels, Tom Tomorrow sums up the corporate criminal logic behind the bailout:" Wall Street Pig 1: "We're too big to fail, suckers!" Wall Street Pig 2: "If we go down, we're taking the rest of you down with us!""Support DeFazio's No Bailouts Plan
Follow the article link for a link to the bill text, plus links to 11 blog articles commenting on DeFazio's more sensible, public-interest focused alternative to the Wall Street Stickup bill that the Republocrats will be trying to push through Friday, Oct 3. Call, fax, email...401k plans at risk as Wall Street struggles
If you think that the financial crisis can't hit any harder, think again. While politicians debate on just how to bailout the financial sector, average Americans are watching their retirement savings turn to...Is there a Plan B?
" In 1802 Thomas Jefferson said “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and...Candy with chemical in Chinese milk ... FOUND IN CONN. !!
" HARTFORD, Conn. (AP) -- An industrial chemical blamed for sickening thousands of infants in China was found in candy in four Connecticut stores this week, a state official said Wednesday. Days after...The Trickle-Up Bailout
A People and public interest focused alternative to the Wall Street and Republocrat-backed no-strings attached hand over of $700 billion dollars to corporate criminals in exchange for their bad debts.Call, email and fax your "representatives" and tell them to stop this... Gas prices still not in line with oil market
No matter which party you support, every Canadian should applaud Liberal MP Dan McTeague for trying to protect consumers from the oil companies. McTeague has made it a personal mission to "watchdog" gas prices,... Markets Bounce Back as Bailout Rescue Nears
Markets in North America and certain parts of Europe and Asia rebounded yesterday, a day after stocks and prices dropped heavily when the US house failed to pass their $700 billion bailout bill. The Toronto stock...Tech Stocks Drop as Market Plummets
The US stock market took a beating today as the House of Commons rejected the $700 billion bailout bill, as the DOW closed with the biggest point-loss on record. Technology companies felt the pinch as it was... World's biggest cruise sets sail
The 315m-long ship squeezed through the Papenburg watergates and will debut in November as a U.S. cruise ship. The vessel cost 616 million euros with a 1,000seat theatre was helped by two tug-boats to squeeze through...
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