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11/26/2008

Policy makers plan market for loan lending

Policy makers plan market for loan lending
policy
The financial crisis, lowering properties values and stock values has deepened economic slump issue and Federal Reserve is planning how to make investments of $800 billion to save banks and firms because the banks are not ready to give loans fearing that it will not be returned.
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11/25/2008

U.S. indexes lower on recession reports

U.S. indexes lower on recession reports
indexes
European stocks were at a low after reports of mining companies and insurers were released. The company BHP Billiton Ltd withdrew from its takeover deal of Rio Tinto Group. U.S. indexes were down after the reports of deepening recession were released.
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More: Business News

Citigroup rescue gets criticized by Michigan lawmakers

Citigroup rescue gets criticized by Michigan lawmakers
citi
Citigroup bank rescue has been criticized by a few experts and by Michigan lawmakers. The Detroit’s automakers company will be making a detailed plea to get$25 billion federal loans from the Bush Administration and it may face many restrictions.
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11/24/2008

Germany may suffer for low market demands

Germany may suffer for low market demands
germany
German business confidence dropped to a lowest level in the last 16 years as per the latest reports released on Monday by the survey from the German Ifo Institute. Germany has an open economy and it is dependent on exports and trade for revenue.
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