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Merkel warns 2009 will be 'year of bad news' for economy
BERLIN (AFP) - Chancellor Angela Merkel warned that 2009 will be "a year of bad news" for the economy, while a German regional bank announced it had secured Saturday up to 30 billion euros in state loan guarantees.
Nations:Germany People:Angela Merkel Activities:2008 Global Recession Source:(AFP)
2008-11-22
Recession fears deepen as Citigroup slashes 50,000 jobs
TOKYO (AFP) - Asian shares fell Tuesday on mounting fears of an extended global recession after US banking giant Citigroup announced 50,000 job cuts and carmakers on both sides of the Atlantic pleaded for help.
Nations:South Korea Italy Australia People:Henry Paulson Angela Merkel Ben Bernanke Activities:2008 Global Recession Asian Markets
2008-11-17
Germany looks to aid crisis-hit automakers
BERLIN (AFP) - Signs grew Sunday that Berlin may do more to help Germany's entire industry a day ahead of a crisis meeting between Chancellor Angela Merkel and executives from cash-strapped Opel.
Nations:Germany People:Angela Merkel Source:(AFP)
2008-11-16
Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
G20 nations vow to boost growth, prevent new crisis
WASHINGTON (AFP) - Leaders of the world's 20 largest economies pledged action Saturday to reverse a looming global recession and prevent future financial upheaval, but shied away from a coordinated stimulus plan.
Nations:India Brazil Italy Russia People:Nicolas Sarkozy Jim Leach Angela Merkel Barack Obama George W. Bush Activities:G20 Summit
2008-11-15
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Matches Shown: | 1-50 | 51-100
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