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Last updated: 18:52:40 Wednesday Oct 1, 2008


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  • French public debt grows to 1.269 trillion euros
    PARIS (AFP) - France's public debt increased by 18.8 billion euros in the second quarter and stood at 1.2693 trillion euros (1.8 trillion dollars) on June 30, the state statistics agency Insee said Tuesday.   Nations:France   People:Nicolas Sarkozy   Activities:France Sarkozy Admin.   Source:(AFP)   2008-09-30

    Economists see financial bailout as necessary
    WASHINGTON - The economy could suffer a massive hangover from the government's efforts to rescue the financial system in the form of a soaring debt burden. But the alternatives look infinitely worse.   Nations:U.S.   People:Henry Paulson Barack Obama John McCain   Activities:2008 U.S. Financial Rescue   2008-09-20

    World stocks surge on US mortgage rescue plan
    NEW YORK (AFP) - Global stocks soared Monday in a massive relief rally after the US government took over ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a global financial meltdown.   Nations:Brazil France Japan   People:Henry Paulson   Activities:U.S. Mortgage Giant Bailout   Source:(AFP)   2008-09-08

    Billionaires say US debts need attention
    OMAHA, Neb. (AP) -- Two billionaires used the screening of a documentary in theaters across the United States on Thursday to urge the country to come to grips with its staggering debt load.   People:Alan Greenspan Warren Buffett   2008-08-21

    Simmering domestic issues face next president
    The next president will face long-simmering domestic problems that range from a weakening economy to ballooning health care costs and stubborn budget deficits.   People:Barack Obama John McCain George W. Bush Hillary Clinton   Activities:US Election 2008   2008-03-06

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    [Korea Nuclear Crisis]: Diplomats: N. Korea lifts ban on nuke inspections (11:18 10/13)


    [2008 U.S. Financial Rescue]: US summons banks to meeting on rescue plan (11:18 10/13)

    [2008 U.S. Recession]: McCain camp offers mixed signals on economic plan (08:49 10/13)

    [US Election 2008]: McCain camp offers mixed signals on economic plan (08:49 10/13)

    [2007 Global Credit Crunch]: US moves to get $700B bank rescue effort started (08:49 10/13)


    [2008 Wachovia Deal]: Fed approves Wells Fargo takeover of Wachovia (11:18 10/13)

    [Second Gulf War]: Al-Maliki: British troops not necessary in Iraq (11:18 10/13)


    [2008 NFL]: Blocked punt gives Cards 30-24 OT win over Cowboys (08:49 10/13)

    [2008 California Fire]: Winds whip up wildfire north of Los Angeles (08:49 10/13)


    [Anti-terror War in Pakistan]: Pakistan troops kill 24 militants in tribal area: officials (08:49 10/13)




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