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Fed, Global Banks Open Up Credit Amid Wall Street Turmoil (Zawya) WASHINGTON, Sept 14, 2008 (AFP) - The Federal Reserve and major global banks opened up fresh credit Sunday as markets braced for the collapse of giant Lehman Brothers in a tumultuous weekend for the financial system. European stocks tumble amid weak global economy (AFP via Yahoo! News) European stock markets slumped on Thursday in the wake of heavy falls in Asia, pulled down by sharp losses for the banks as the global economic outlook turns darker still, traders said. Wall Street mixed on global economic worries (The Daily American) NEW YORK ? Wall Street finished mixed in fickle trading Wednesday, with investors unsettled about the economy ahead of Friday?s employment report and only somewhat relieved about sliding commodities prices. US, China to hold top-level trade talks Tuesday (AFP via Yahoo! News) The United States and China hold cabinet-level trade talks in California this week amid tensions over China's massive export surplus and worries about the slowing global economy. Asian Stocks, U.S. Futures, Dollar Tumble on Lehman Bankruptcy (Bloomberg.com) Sept. 15 (Bloomberg) -- Asian stocks, U.S. futures and the dollar tumbled after Lehman Brothers Holdings Inc. prepared to file for bankruptcy, deepening a financial crisis that threatens to tip the global economy into a recession. COLUMN: Research proves global warming an issue worth learning about (The Oklahoma Daily) I recently attended two national conferences concerning global climate prediction, and what I learned has motivated me to become more active in my community and to work for change right here in Norman. Biden: McCain 'just doesn't get' economy (The Myrtle Beach Sun News) A fiery Joe Biden ridiculed Republican John McCain's comments on the economy Sunday and refuted attacks on Barack Obama's positions as "a bunch of malarky." A global tide (Express India) The volume India and the Global Economy edited by Rajiv Kumar and Abhijit Sen Gupta is mainly a collection of papers commissioned for the silver jubilee conference of the think tank ICRIER in late 2006. Economy Still Losing Steam, Global Insight Says (Nasdaq) (RTTNews) - Reports next week are not expected to alter the picture of an economy that continues to lose momentum, say the analysts at Global Insight, as industrial production is expected to drop in August, dragged down by a sharp reduction in motor vehicle output, while housing starts are expected to decline further. Economy resilient amid instability: Harper (Reuters via Yahoo! News) Canada's economy has fared well in the face of global economic uncertainty, Conservative Prime Minister Stephen Harper said on Friday. |
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