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November 12, 2008 |
American buying binge grinds to a halt
Int'l Herald Tribune
Just as one crisis of confidence may be ending, another may be coming. |
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November 12, 2008 |
G20 summit: New world order?
The Independent (UK)
Some G20 nations hope the weekend summit on financial reform will be a modern Bretton Woods, but can it make big decisions without Barack Obama? |
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November 11, 2008 |
No. 2 mall operator warns of bankruptcy
CNNMoney
General Growth Properties Inc., the No. 2 mall operator in the United States, has warned that an ongoing slump in retail sales, combined with the credit market lockdown, has pushed the company to the brink of bankruptcy. |
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November 10, 2008 |
Obama to use executive orders for immediate impact
MyWay.com
President-elect Obama plans to use his executive powers to make an immediate impact when he takes office, perhaps reversing Bush administration policies on stem cell research and domestic drilling for oil and natural gas. |
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November 10, 2008 |
Chance of depression overshadows G20 summit
Reuters
The "D" word has crept into the debate ahead of the Washington G20 crisis summit. Not Deflation, but Depression. |
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November 10, 2008 |
US May Lose Its 'AAA' Rating
CNBC
The United States may be on course to lose its 'AAA' rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche. |
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November 10, 2008 |
Corporations versus the Market; or, Whip Conflation Now
Miscellaneous
Defenders of the free market are often accused of being apologists for big business and shills for the corporate elite. Is this a fair charge? |
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November 09, 2008 |
Gorbachev calls on Obama to carry out 'perestroika' in the U.S.
Miscellaneous
Former Soviet leader Mikhail Gorbachev has said that the Obama administration in the United States needs far-reaching 'perestroika' reforms to overcome the financial crisis and restore balance in the world. |
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November 06, 2008 |
Tax Hikes, Budget Cuts In The Works For NYC
Miscellaneous
Mayor Michael Bloomberg is going to cut the city work force by 3,000, but that's just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda. |
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November 06, 2008 |
Deflation: the new threat
Fortune Magazine
Forget about inflation. The opposite threat - deflation - is what has policymakers sweating now. |
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