Bush, allies pledge joint action on global crisis
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action.
Nations:Germany U.K. France India Brazil Italy People:Henry Paulson Joseph Biden Barack Obama John McCain Activities:2007 Global Credit Crunch Bush Admin.
2008-10-11
Fed slashes interest rates, but stocks lose again
Wall Street bounced higher and lower Wednesday trying to make up its mind about an unprecedented coordinated interest rate cut by central banks around the world. In the end it settled on a familiar feeling -- fear -- and plunged again.
Nations:Switzerland Germany Sweden France Canada People:Gordon Brown Henry Paulson Ben Bernanke Barack Obama Charles Schumer John McCain Activities:U.S. Markets
2008-10-08
Fed, central banks cut rates to aid world economy
In a rare coordinated move, the Federal Reserve and other major central banks from around the world slashed interest rates Wednesday to prevent a mushrooming financial crisis from becoming a global economic meltdown.
Nations:Switzerland Germany Sweden Japan France Canada People:Ben Bernanke Barack Obama John McCain Activities:2007 Global Credit Crunch
2008-10-08
World stock markets plunge on crisis fears
LONDON - Stock markets slumped worldwide Monday, some marking record one-day drops, on fears the global financial crisis will worsen and hit the wider economy despite bank bailouts in the U.S. and Europe.
Nations:Germany France Luxembourg Brazil Colombia India Activities:2007 Global Credit Crunch Japanese Markets U.S. Markets European Markets Source:(AP)
2008-10-06
Scarlett Johansson, Ryan Reynolds marry in Canada
LOS ANGELES - Scarlett Johansson and Ryan Reynolds did a little rushing into it after all.
People:Ryan Reynolds Woody Allen Scarlett Johansson Source:(AP)
2008-09-28
China's milk scandal bares government shortcomings
BEIJING - The note posted in July on the Web site of China's food safety inspection agency came from a doctor: There had been a sudden rise in infants turning up at his hospital with kidney stones after drinking the same brand of formula.
Nations:New Zealand Australia Canada People:Wen Jiabao Activities:2008 China Milk Scandal China Hu Jintao Admin.
2008-09-23
Fed, central banks move to boost global confidence
NEW YORK - The Federal Reserve, working with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets on Thursday to combat a seizing up of lending between banks that is intensifying global financial crisis.
Nations:Canada U.S. Activities:2008 AIG Crisis U.S. Markets
2008-09-18
Obama camp suggests Palin has distorted record
WASHINGTON - The question of whether Sarah Palin has ever been to Iraq pushed Obama aides Saturday to accuse the McCain campaign of outright lies, distortions and distractions to the American people.
Nations:Kuwait Mexico U.S. Germany Canada People:Sarah Palin Barack Obama John McCain Activities:US Election 2008 Source:(AP)
2008-09-14
Nicole Kidman tops Hollywood overpaid list
CANBERRA (Reuters) - Nicole Kidman was named the most overpaid celebrity in Hollywood in the second annual list of least bankable stars by U.S. magazine Forbes, taking the top slot from fellow Australian Russell Crowe.
People:Nicole Kidman Will Ferrell Cate Blanchett Jennifer Garner Denzel Washington Drew Barrymore
2008-09-11
Ike gains strength over Gulf, aims for Texas
HAVANA - Hurricane Ike barreled across the warm, energizing waters of the Gulf of Mexico Wednesday on its way toward the Texas coast after crashing through Cuba's tobacco country and toppling aging Havana buildings.
Nations:Mexico U.S. Canada Activities:2008 Hurricane Ike 2008 Hurricane Gustav Source:(AP)
2008-09-10
China Olympic breakthroughs keep coming
BEIJING (AFP) - One thing China will take away from their home Olympics will be the series of breakthroughs in sports that previously eluded them and beach volleyball was added to that burgeoning list Thursday.
Nations:Brazil Netherlands Canada People:Li Na Liu Xiang Emilie Heymans Chen Ruolin Activities:2008 Beijing Olympics Source:(AFP)
2008-08-21
Phelps wins 8th gold medal; breaks tie with Spitz
BEIJING - Michael Phelps locked arms with his three teammates, as though they were in a football huddle calling a play, then hugged each one of them. It took a team to make him the grandest of Olympic champions. And one last big push from Phelps himself.
Nations:Germany Japan Tunisia U.S. Canada People:Brendan Hansen Aaron Peirsol Michael Phelps Natalie Coughlin Activities:2008 Beijing Olympics Source:(AP)
2008-08-17
| 
