A financial crisis unmatched since the Great Depression
Putin calls for rouble vigilance as dollar plummets
Russian President Vladimir Putin urged his government and Central Bank on Monday to keep a close eye on rouble appreciation as the dollar continues to plummet against world currencies.
https://www.guardian.co.uk/feedarticle?id=7391155
Is Britain heading for a Great Depression?
The financial crisis plunged to a new low today as £51 billion was wiped off the value of Britain's top companies.
https://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/03/17/view17c.xml
A financial crisis unmatched since the Great Depression, say analysts
Students of the markets say the only recent parallel with the current turmoil is Japan in the 1990s, but other than that they have had to study the 1930s, when 9,000 banks failed, 1907 when JP Morgan told Wall Street enough was enough after a 50% drop in shares, and even to the series of economic and financial upheavals during the final quarter of the 19th century.
https://tinyurl.com/28gm2t
Europe idle as US battles meltdown
The US Federal Reserve has resorted to the nuclear option in its ever-more depleted arsenal, invoking a Depression-era clause to shoulder the risk of losses stemming from the collapse of Bear Stearns, and to lend money directly to broker dealers.
https://tinyurl.com/2ax5ty
Fears mount over US economy
The dollar on Friday fell below the Swiss franc for the first time ever and George Bush, US president, conceded that the country was "going through a tough time".
https://tinyurl.com/yq9hec
Paulson admits US economy is in decline
US Treasury Secretary Henry Paulson today said the economy is in "sharp decline," the closest he has come yet to conceding that a recession has already set in.
https://tinyurl.com/24b8e8
ANALYSIS: U.S. economy in crisis as it pays price for greed
The stock market usually runs on 90 percent economics and 10 percent psychology. On Monday the proportions were reversed. Fear rules, the future looks threatening and uncertain, and the biggest fear is the collapse of the U.S. financial system.
https://www.haaretz.com/hasen/spages/965543.html
From Information Clearing House
https://freepage.twoday.net/search?q=dollar+plummet
https://freepage.twoday.net/search?q=currencies
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=meltdown
https://freepage.twoday.net/search?q=Bear+Stearns
https://freepage.twoday.net/search?q=US+economy
https://freepage.twoday.net/search?q=Paulson
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=stock+market
https://freepage.twoday.net/search?q=financial+system
Russian President Vladimir Putin urged his government and Central Bank on Monday to keep a close eye on rouble appreciation as the dollar continues to plummet against world currencies.
https://www.guardian.co.uk/feedarticle?id=7391155
Is Britain heading for a Great Depression?
The financial crisis plunged to a new low today as £51 billion was wiped off the value of Britain's top companies.
https://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/03/17/view17c.xml
A financial crisis unmatched since the Great Depression, say analysts
Students of the markets say the only recent parallel with the current turmoil is Japan in the 1990s, but other than that they have had to study the 1930s, when 9,000 banks failed, 1907 when JP Morgan told Wall Street enough was enough after a 50% drop in shares, and even to the series of economic and financial upheavals during the final quarter of the 19th century.
https://tinyurl.com/28gm2t
Europe idle as US battles meltdown
The US Federal Reserve has resorted to the nuclear option in its ever-more depleted arsenal, invoking a Depression-era clause to shoulder the risk of losses stemming from the collapse of Bear Stearns, and to lend money directly to broker dealers.
https://tinyurl.com/2ax5ty
Fears mount over US economy
The dollar on Friday fell below the Swiss franc for the first time ever and George Bush, US president, conceded that the country was "going through a tough time".
https://tinyurl.com/yq9hec
Paulson admits US economy is in decline
US Treasury Secretary Henry Paulson today said the economy is in "sharp decline," the closest he has come yet to conceding that a recession has already set in.
https://tinyurl.com/24b8e8
ANALYSIS: U.S. economy in crisis as it pays price for greed
The stock market usually runs on 90 percent economics and 10 percent psychology. On Monday the proportions were reversed. Fear rules, the future looks threatening and uncertain, and the biggest fear is the collapse of the U.S. financial system.
https://www.haaretz.com/hasen/spages/965543.html
From Information Clearing House
https://freepage.twoday.net/search?q=dollar+plummet
https://freepage.twoday.net/search?q=currencies
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=meltdown
https://freepage.twoday.net/search?q=Bear+Stearns
https://freepage.twoday.net/search?q=US+economy
https://freepage.twoday.net/search?q=Paulson
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=stock+market
https://freepage.twoday.net/search?q=financial+system
rudkla - 19. Mär, 00:24
