Mortgage and Financial News From 2008-1-26 Page 7

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  • Party’s over as interest rates bite - The Times

    Party’s over as interest rates biteThe Times, South Africa - 6 hours ago“The effect of interest rate hikes is going to be very substantial, and inflation in areas such as food and fuel is going to have a compounding effect on ...
    2008-01-26 02:03:39

  • Affairs of leaders have always aroused the curiosity of the media - Sunday Leader (subscription)

    Affairs of leaders have always aroused the curiosity of the mediaSunday Leader (subscription), Sri Lanka - 6 hours agoLove affairs of political leaders have always aroused curiosity and the media have followed them with more than ordinary interest. ...
    2008-01-26 02:50:44

  • Fed’s quick action may shorten the US downturn - Sunday Business Post

    Fed’s quick action may shorten the US downturnSunday Business Post, Ireland - 4 hours agoThis is likely to limit the full impact of the recent interest rate reductions by the Fed. Therefore, a necessary condition for more stable economic and ...
    2008-01-26 04:05:13

  • As America crash lands, the world looks east - The Observer

    As America crash lands, the world looks eastThe Observer, UK - 4 hours agoThat prompted Ben Bernanke to slash US interest rates by an extraordinary three quarters of a per cent last Tuesday. As the US economy has shifted away from ...
    2008-01-26 04:11:22

  • Can the rest of us cut the rope if the US touches economic void? - The Observer

    Can the rest of us cut the rope if the US touches economic void?The Observer, UK - 4 hours agoBut my mind goes back to a seminar last autumn, when a senior Reserve source was asked a two-part question: was the Fed going to cut interest rates and was ...
    2008-01-26 04:11:24

  • Mervyn King and the US Fed have nothing in reserve - Telegraph.co.uk

    Mervyn King and the US Fed have nothing in reserveTelegraph.co.uk, United Kingdom - 4 hours agoBy Liam Halligan Was the US Federal Reserve right to unleash its biggest "emergency" interest rate cut for a quarter of a century? ...
    2008-01-26 04:24:09

  • IMF chief predicts "serious slowdown" of US economy - Xinhua

    IMF chief predicts "serious slowdown" of US economyXinhua, China - 4 hours agoIMF spokesman Masood Ahmed told reporters Friday that they saw a period of below-potential economic growth for the US, saying the recent sharp interest rate ...
    2008-01-26 04:35:20

  • Sovereign Wealth Funds = Transfer of Sovereignty to Asia - American Chronicle

    Sovereign Wealth Funds = Transfer of Sovereignty to AsiaAmerican Chronicle, CA - 1 hour agoInvestment in prime western companies in the West via SWF's. 6. Transfer of western commercial and financial expertise eastward. Whilst trillions of dollars ...
    2008-01-26 07:10:04

  • Golden Oldie: Peter Brimelow’s Absolutely Definitive Account Of ... - VDARE.com

    Golden Oldie: Peter Brimelow’s Absolutely Definitive Account Of ...VDARE.com, VA - 1 hour agoFor most of its existence, the Fed has focused on interest rates, the price of credit, assuming that the amount of money it was supplying to the economy was ...
    2008-01-26 07:28:02

  • Subprime Woes: Are We Out of the Woods Yet? - American Chronicle

    Subprime Woes: Are We Out of the Woods Yet?American Chronicle, CA - 1 hour agoWhile the stock market made substantial gains over the next couple of days, volatility is the name of the game these days, and cutting the interest rate cut ...
    2008-01-26 07:28:26

  • Davos party ends with sober farewells - Times of India

    Davos party ends with sober farewellsTimes of India, India - 1 hour agoOn the eve of the Davos event, the US central bank, the Federal Reserve, had announced a spectacular interest rate cut of 75 basis points -- a move that ...
    2008-01-26 07:52:37

  • Bank's billions burnt in 10 days (Times Online)

    Jérôme Kerviel has been portrayed as the sole culprit in the ‘rogue trading’ scandal that almost brought down a leading French bank. But could the unassuming young man have been stopped before the damage was done?
    2008-01-26 05:03:57

  • Serious slowdown predicted for US economy (China Daily)

    DAVOS - Serious slowdown, though not recession, was predicted for the US economy on Saturday as political and business leaders were ready to wrap up their annual gathering at the Swiss skiing resort of Davos.
    2008-01-26 05:21:03

  • Govt will be able to avert any US recession fallout: PM (The Borneo Post)

    DAVOS: Prime Minister Datuk Seri Abdullah Ahmad Badawi is confident that the government will be able to avert any negative fallout should a recession befall the economy of Malaysia’s major trading partner, the US.
    2008-01-26 06:25:56

  • Davos wraps up with warnings for 2008 (Straits Times)

    DAVOS (Switzerland) - THE head of the IMF hammered home the problems facing the world economy in Davos sounding a final gloomy note as the annual gathering of the world's elite wrapped up.
    2008-01-26 06:53:46

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