Tuesday, March 10, 2009

World Financial Crisis Update 10 March 2009

USA
Buffett: crisis is an economic Pearl Harbor

China and US in high seas standoff
Chinese 'harass' US Navy surveillance ship, Pentagon says

Obama Told To Let Banks Fail

Oil Edges To $50 Ahead Of OPEC Talks

Roubini: Recession could last 36 months
Says solution: Fix housing market by breaking 'every mortgage contract'


UK
UK Savings Rates Lowest Ever

UK Unemployment To Hit 3.2 Milion

UK Mortgage Lending Dives 43% In January

British Home Prices Fall Again


The Rest of the World
Plunging World Assets Lose $50 TRILLION Dollars

World Stocks Sink Amid Economy Fears

Eurozone In Total Catastrophe

Summers - World Economy Needs Demand Agenda

Overvalued euro set to plunge `within months`

Thanks to the Bank it`s a crisis; in the eurozone it`s a total catastrophe

Japan's Nikkei Hits 26 Year Low

Japan Record Current Account Deficit

China £35B World Expo - Foreign Companies Not Going

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