Written by on Sunday, November 16th, 2008 in Latest News.
AP – Japan’s economy slid into a recession for the first time since 2001, the government said Monday, as companies sharply cut back on spending in the third quarter amid the unfolding global financial crisis.
Original post by AP and software by Elliott Back
Written by on Sunday, November 16th, 2008 in Latest News.
Hardline opponents of an auto industry bailout branded the industry a “dinosaur” whose “day of reckoning” is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week’s lame-duck session of Congress.
Original post by AFP and software by Elliott Back
Written by on Sunday, November 16th, 2008 in Latest News.
Reuters – Japan sank into recession in the third quarter, even before it felt the full force of the financial crisis, and world leaders at a weekend summit gave investors small hope they could rescue the global economy.
Original post by Reuters and software by Elliott Back
