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Mundell Says IMF Should Be Used as a ‘Lender of Last Resort’
Mundell Says IMF Should Be Used as a ‘Lender of Last Resort’ – Nobel Prize-winning economist Robert Mundell said the IMF should only be a “lender of... Read »
British Airways staff to strike as talks collapse
British Airways staff to strike as talks collapse - Hopes of a breakthrough in the dispute between British Airways and the Unite trade union have been dashed after... Read »
Lehman Had $39 Billion in Encumbered Cash Before Bankruptcy
Lehman Had $39 Billion in Encumbered Cash Before Bankruptcy – The day before Lehman filed for bankruptcy, almost all of its $41 billion cash pool was tied... Read »
India’s central bank unexpectedly raised rates
India’s central bank unexpectedly raised rates – The Reserve Bank of India increased the benchmark reverse repurchase rate to 3.5% from a record-low 3.25%... Read »
Latvia government collapses amid economic crisis
Latvia government collapses amid economic crisis – Unemployment has now hit 20 per cent and the economy contracted by 18 per cent last year – Telegraph Read More →
Fed Must Disclose Bailout Documents, Court Orders
A federal appeals court in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after Lehman... Read »
35 cities suffer unemployment above 15%
35 cities suffer unemployment above 15% – There were 35 metropolitan areas in the United States with unemployment rates at or above 15% in January, according... Read »
Shell Announces Big Oil Find
Shell Announces Big Oil Find – Shell and partner Nexen made a significant discovery of oil 25,000 feet below the surface in the Gulf of Mexico – WSJ Read More →
Dodd Bill May Allow for ‘Backdoor Bailouts,’ Bair Says
Dodd Bill May Allow for ‘Backdoor Bailouts,’ Bair Says – Policy makers need to end the concept of “too big to fail,” including revising... Read »
China tells U.S. to cool yuan debate
China tells U.S. to cool yuan debate – China is sending a Cabinet official to Washington in a bid to defuse trade tensions, the government said Friday- AP Read More →
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- CrisisMaven .. This “fear of deflation” is largely nonsensical. Deflation does not...
- TaosJohn .. Interesting. Yet today when it seems likely that this stinking bill will pass,...
- Chris Lane .. “Arctic sea-ice loss is accelerating beyond the worst case scenarios of model...
- Gary .. That’s a very thoughtful response so let try to be the same as devil’s...
- pgb .. Enough with Madoff already. I saw there’s now a Madoff coloring book on Amazon.
- RW .. I’m pretty sure Lawmakers knew China has been manipulating currency for a while. Just...
- jj .. Before the Great Depression foreign trade was 6 percent of GDP. It fell to 2 percent of...
- editor .. I couldn’t agree more with that characterization.
