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Last updated: 12:43:04 Wednesday Dec 3, 2008


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  • U.S. economic activity weakened: Fed Beige Book
    WASHINGTON - Economic activity has weakened across the United States since early October, while price pressures have eased with declines in retail and energy prices, the Federal Reserve said on Wednesday.   Nations:U.S.   Activities:2008 Global Recession   2008-12-03

    Dubai property giant sacks 500 as finance crisis bites
    DUBAI (AFP) - The Dubai property giant behind such grandiose projects as a one-kilometre tower and artifical palm-shaped islands said on Sunday it has fired 500 staff as the global economic crisis begins to bite in the oil-rich Gulf.   Nations:United Arab Emirates   Activities:2008 Global Recession   Source:(AFP)   2008-11-30

    US home prices at 2004 levels, sales off 3.1 pct.
    WASHINGTON - Nationwide sales of existing homes fell more than expected last month, as economic fears made buyers leery even though prices plunged to the lowest level in more than four years. And the decline is expected to get worse because October's results reflect sales contracts signed before Wall Street's nosedive.   Nations:U.S.   People:Barack Obama   Activities:U.S. Foreclosure Crisis   Source:(AP)   2008-11-24

    Government launches new mortgage aid effort
    WASHINGTON - Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough.   Nations:U.S.   People:Nancy Pelosi Charles Schumer   Activities:U.S. Foreclosure Crisis   2008-11-11

    China announces $586 billion stimulus plan
    BEIJING - China announced a $586 billion stimulus package Sunday in its biggest move to stop the global financial crisis from hitting the world's fourth-largest economy.   People:Wen Jiabao Hu Jintao   Activities:Global Financial Crisis   Source:(AP)   2008-11-09

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  • [2008 Global Recession]: GM exec: bankruptcy not an option for industry (08:06 12/3)
  • [2001 Taiwan Sex Tape]: Taiwan sex scandal woman seeks $4 mln in damages (13:41 4/12)
  • [2008 HK Sex Photo Scandal]: HK star's nude photos lead to arrests in China (10:16 3/2)
  • [Global Financial Crisis]: GM exec: bankruptcy not an option for industry (08:06 12/3)
  • [2008 Mumbai Terror Attack]: Mumbai attacks put Bollywood on hold (08:06 12/3)
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  • [Second Gulf War]: Gates softens opposition to 16-month Iraq timetable (18:34 12/2)
  • [2008 China Snow Storm]: Blackouts in China city as snowy weather revisits (20:46 2/16)
  • [2007-8 Oil Crisis]: Oil and gas prices slip to new 3-year lows (18:34 12/2)
  • [Afghan Terror War]: US forces kill 10 Taliban militants in Afghanistan (08:06 12/3)
  • [2008 Thai Political Crisis]: Thai airports reopens after PM ousted by court (08:06 12/3)
  • [US Election 2008]: Chambliss wins US Senate runoff in Georgia (08:06 12/3)
  • [Pakistan-U.S.]: Rice Urges Pakistan to Act With Urgency on Terror (08:06 12/3)
  • [2008 China Stimulus Plan]: Chinese leader says China losing competitive edge (08:32 11/30)
  • [U.S. Markets]: US, Europe snap back from heavy losses (18:34 12/2)
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    [2007-8 Oil Crisis]: Oil hits near 4-year low on weak economic news (06:40 12/4)

    [2008 Mumbai Terror Attack]: Officials: Pakistan militants masterminded attacks (06:40 12/4)

    [2008 Global Recession]: BoE cuts interest rates, ECB decision due shortly (06:40 12/4)

    [Afghan Terror War]: Suicide bombers hit Afghan southeast (06:40 12/4)

    [Second Gulf War]: Iraq officials: Car bombings in Fallujah kill 10 (06:40 12/4)

    [U.S. Foreclosure Crisis]: Toll Brothers 4Q loss narrows, no 2009 forecast (06:40 12/4)

    [Global Financial Crisis]: European markets surge ahead of rate decisions (05:40 12/4)


    [U.S.-Russia Military Relations]: Russia to send warship through Panama Canal (23:38 12/3)


    [India-Pakistan]: Official: Pakistan group leaders linked to attacks (23:28 12/3)

    [2008 Automakers Downturn]: Automakers plead with Congress; votes lacking (23:28 12/3)




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