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No Iceland scenario here, Baltic leaders say - CNBCVILNIUS, Oct 10 (Reuters) - Lithuania and Latvia said on Friday their countries were in no danger of following Iceland into crisis, despite their similar economic imbalances, and analysts agreed a crisis of the same scale was unlikely. After years of ...
Freefalling stocks pile pressure on G7 - Victoria Times ColonistLONDON - The world's economic powers faced huge pressure on Friday to devise drastic remedies to revive the banking system and end panic selling in financial markets. Finance ministers and central bankers from the Group of Seven nations meet in ...
Moral hazard - Politico.comOctober 08, 2008 Categories: John McCain Moral hazard My colleague Victoria McGrane, late of our Capitol Hill bureau, emails with the most lucid explanation I've seen of what McCain did last night. The crucial shift from a recent congressional ...
General Growth debt concerns mount - Honolulu Star-BulletinGeneral Growth Properties , the Chicago-based owner and manager of more than 200 shopping malls across the nation, including Ala Moana Center and Ward Centers, has fallen into deeper debt. Shares of General Growth tumbled 42 percent this week as ...
The Politics and Policy of McCain's New Mortgage Proposal - Newsweek BlogIf your proposal for a new, $300 billion government program falls in the middle of a presidential debate and no one cares to hear it, does it make a sound? John McCain sure hopes so. Although most observers ignored the moment in their post-Nashville ...
Archives ยป October 2008 - Newsweek BlogYou're plummeting the national polls . You're hemorrhaging support in the swing states . If the election were held today, your rival would win 364 electoral votes--the highest tally since 1980 for a non-incumbent in a two-way contest. And your name ...
Victoria's power stations on overload - News.com.auVICTORIA'S power stations are under increasing financial pressure as they scramble to renegotiate billions of dollars in bank loans and prepare for the new carbon tax. Two of the four brown-coal-fired plants in Gippsland's Latrobe Valley, Hazelwood ...
Stock & fund quotes - ninemsnEnvestra Limited (ENV) negotiated a $100 million, three year bank facility with Westpac Banking Corporation (WBC). The natural gas distributor said the funds would be used to refinance some maturing bonds and its capital expenditure program. Envestra ...
GM downgraded - Victoria Times ColonistNEW YORK -- Fitch Ratings yesterday cut its issuer default rating on General Motors further into "junk" territory, citing concerns about the auto company's liquidity and ability to raise fresh funds. The agency cut GM's rating by one notch to "CCC ...
UPDATE 1-Australia's Centro says U.S. deal fails to close - ReutersMELBOURNE, Sept 15 (Reuters) - Centro Properties Group (CNP.AX: Quote , Profile , Research , Stock Buzz ), one of the highest profile Australian victims of the global credit crunch, has failed to close a $714 million deal to sell 29 U.S. malls just ...