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September 02, 2008 |
Clones' offspring may be in food supply says FDA
Reuters
Food and milk from the offspring of cloned animals may have entered the U.S. food supply, the U.S. government said on Tuesday, but it would be impossible to know because there is no difference between cloned and conventional products. |
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September 02, 2008 |
Retailers slash prices to draw buyers
Breitbnart.com
In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies. |
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September 02, 2008 |
UK: Government can't afford a proper bail-out
Telegraph (UK)
The UK housing market has found a strange and rather sad equilibrium. When it does function, it's at levels that spiral closer to Hades every day. |
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September 02, 2008 |
Japan is all too coupled with global economy
Reuters
Far from being "decoupled," Japan is proving to be on a very bad date with the global economy. |
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September 01, 2008 |
Sun Makes History: First Spotless Month in a Century
Miscellaneous
The sun has reached a milestone not seen for nearly 100 years: an entire month has passed without a single visible sunspot being noted. |
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August 30, 2008 |
Economy at 60-year low, says Darling. And it will get worse
Guardian
Britain is facing "arguably the worst" economic downturn in 60 years which will be "more profound and long-lasting" than people had expected, Alistair Darling, the chancellor, tells the Guardian today. |
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August 29, 2008 |
Integrity Bank Becomes 10th U.S. Failure This Year
Bloomberg
Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression. |
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August 29, 2008 |
Huge European bank fails
CNNMoney
Dutch-Belgian bank and insurance giant Fortis NV was given a 11.2 billion euro ($16.4 billion) lifeline to avert insolvency as part of a wider bailout plan agreed to by Belgium, the Netherlands and Luxembourg, officials said Sunday. |
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August 28, 2008 |
Russia may cut off oil flow to the West
Telegraph (UK)
Fears are mounting that Russia may restrict oil deliveries to Western Europe over coming days, in response to the threat of EU sanctions and Nato naval actions in the Black Sea. |
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August 27, 2008 |
Short of cash: FDIC may borrow money from Treasury
Reuters
Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. |
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