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Economic crisis worst since 1929: Harper
Published November 22, 2008, 11:07 am, Hamilton Spectator
LIMA, Peru - Prime Minister Stephen Harper says the current economic crisis is potentially as dangerous as anything the world has seen since 1929.
Robert J Shiller: Reviving the Animal Spirits
Published November 22, 2008, 11:07 am, Business Standard India
The most promising prospect for a return of business confidence now would be some kind of public inspiration—of the kind Obama’s win heralds for the US.
Zakaria: Why America and China Must Hang Together
Published November 22, 2008, 11:01 am, Newsweek
We need China to see that its interests are aligned with America's. If not, things could get very, very ugly.
UK & World News: Brown pledges to help families
Published November 22, 2008, 10:58 am, icNewcastle - Sunday Sun
Gordon Brown has signalled that support was at hand for families squeezed by the economic downturn, saying: "We are ready to help."
Asian, American leaders push free trade against crisis
Published November 22, 2008, 10:50 am, Reuters
LIMA (Reuters) - Asian and American leaders urged support on Saturday for a global free trade deal to offset a deepening world economic crisis but big steps forward could be tricky as the United States makes the transition to a new president.
Obama sees long haul ahead
Published November 22, 2008, 10:50 am, Reuters
NEW YORK/LONDON (Reuters) - President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort.
Gift cards may be popular for necessities
Published November 22, 2008, 10:49 am, KGW NewsChannel 8 Portland
PORTLAND, Ore. -- Forget the wish list. Shoppers may be giving the gift of necessity this holiday season, buying up cards for gas, groceries and even utilities to help friends and family through lean times.
Obama vows to create 2.5 million jobs
Published November 22, 2008, 10:47 am, AAP via Yahoo!7 News
US president-elect Barack Obama has announced plans to create 2.5 million new jobs as he forges ahead in his bid to shore up the flagging economy.
German Chancellor says hard times ahead
Published November 22, 2008, 10:44 am, Deutsche Welle
German Chancellor Angela Merkel has warned that 2009 will be "a year of bad news" for the economy.
Obama: economic recovery plan to create 2.5m jobs
Published November 22, 2008, 10:44 am, Deutsche Welle
US President-elect Barack Obama says he will sign a sweeping two-year stimulus plan to revive the troubled economy soon after taking office next January.
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