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guardian.co.uk | TOPWRAP 2-Recovery from crisis seen slow, Citigroup slides Forbes - By Jonathan Stempel and Jason Subler NEW YORK/BEIJING, Nov 21 (Reuters) - Signs of distress in the global economy mounted, with shares in US bank Citigroup Inc plunging on fears about its future, oil prices falling and the future of US automakers ... Citigroup's Worries Mount Around the nation |
Bailout door for automakers still open Los Angeles Times - Leaders in Congress agree to revisit the matter next month but want detailed plans on how the aid would be used. By Richard Simon and Jim Puzzanghera Reporting from Washington -- Congressional leaders agreed Thursday to give Detroit automakers more ... UAW may give up jobs bank to revive auto loans Congressional Leadership Rejects Proposed Auto Bailout Deal |
![]() ABC News | Fannie Mae, Freddie Mac suspend some foreclosures Reuters - NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest US home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the ... Fannie, Freddie Suspend Evictions During Holiday Season Fannie, Freddie Suspend Foreclosures Through Jan. 9 (Update2) |
![]() GulfNews | UPDATE 3-Verizon staff had unauthorized access to Obama's cell Reuters - NEW YORK, Nov 20 (Reuters) - Verizon Wireless (VZ.N: Quote, Profile, Research, Stock Buzz) said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now ... Verizon workers look at Obama's cell phone records Verizon suspends staff who viewed Obama's records |
Senate extends unemployment benefits MarketWatch - By Robert Schroeder, MarketWatch WASHINGTON (MarketWatch) -- The Senate approved a House bill to extend unemployment benefits by at least seven weeks on Thursday, sending the measure to President Bush on the same day the Labor Department reported ... As jobless funds fall, states look to raise taxes UPDATE 1-US Senate sends Bush expanded jobless benefits bill |
![]() Washington Post | ASIA MARKETS Stocks rebound strongly in afternoon trading MarketWatch - By V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) -- Most Asian markets rebounded strongly in afternoon trading Friday, with financials such as Mizuho Financial Group and HSBC Holdings leading the bounce after a string of recent declines. Video: Asian Markets Follow Wall Street's Lead, Tumble Hong Kong shares extend gains to jump over 6 pct |
![]() TopNews | Japan's central bank keeps interest rates on hold The Associated Press - TOKYO (AP) - Japan's central bank kept its already low interest rates on hold Friday but warned of a prolonged economic slump at home and abroad. Bank of Japan holds rates unchanged BOJ keeps key rate at 0.30 pct in unanimous vote |
![]() China Daily | Crude Oil Rises as Governments Take Steps to Revive Economies Bloomberg - By Nesa Subrahmaniyan and Christian Schmollinger Nov. 21 (Bloomberg) -- Crude oil rose from near the lowest level since May 2005 on speculation governments will step up efforts to revive economic growth. Oil slides to a 3-year low as prices slump at pump Oil falls to 3-year low below $49 in Asia |
AFP | Argentine Senate Approves Takeover of $24 Billion in Pensions Bloomberg - By Eliana Raszewski Nov. 21 (Bloomberg) -- Argentina’s Senate approved President Cristina Fernandez de Kirchner’s plan to nationalize about $24 billion in private pensions, a move the opposition calls a cash grab and the government defends as a way to ... Argentina to Nationalize Pension Funds Argentina moves to nationalise pension funds |
Reuters | Top official meets rioters as China seeks stability Reuters - BEIJING (Reuters) - The governor of a Chinese province sat down with protesters after they fought pitched battles with police, a rare concession by a leader and a sign of government concerns about stability as the economy slows. Beijing forecasts grim employment outlook China Pledges Faster Labor Mediation as Employment Turns `Grim' |