Apr 22nd, 2009 - Wall Street Journal
Related topics:
(Adds comments and warnings about increasing debt levels from executive board directors and IMF mission chief beginning in fourth paragraph.)
MADRID (Dow Jones)--The International Monetary Fund Wednesday forecast a prolonged slump in Spain's economy following the collapse of the country's decade-long housing boom.
The IMF said it predicts Spanish GDP falling 3% in 2009 and 0.7% in 2010 after growing 1.2% in 2008. Looking further ...
Related stories:
US HOT STOCKS: ebay, PNC Financial Services, radioshack
Apr 23rd, 2009 - Wall Street Journal
U.S. stocks were down Thursday as the Dow Jones Industrial Average fell 41 points to 7845 and the Standard & Poor's 500 declined 2 points to 841. The Nasdaq Composite lost 7 points to 1639...
US Existing Home Sales Dropped More Than Forecast
Apr 23rd, 2009 - Bloomberg
April 23 (Bloomberg) -- Sales of U.S. previously ownedhomes fell in March after jumping a month earlier by the most inmore than five years, indicating the market will remaindepressed for much of the year.
Darling stands firm on 'extraordinary' Budget
Apr 23rd, 2009 - Times Online
Alistair Darling denied today that he had been overoptimistic to predict inhis Budget that the British economy would pull out of recession by the endof the year. Mr Darling...
Budget 2009: Government's economic recovery predictions 'utter ...
Apr 23rd, 2009 - Telegraph
The Conservatives said that the IMF figure and other more pessimistic City forecasts showed that Mr Darling had produced a "dishonest Budget" based on "fantasy forecasts". Vince Cable...
PREVIEW:Fiat Faces Nervous Week Ahead Of Chrysler Deadline
Apr 23rd, 2009 - CNNMoney
-(Dow Jones)- Fiat SpA (F.MI) has enough wayward offspring to support withoutChief Executive Sergio Marchionne trying to persuade investors Thursday that hecan add Chrysler LLC to the brood by an April 30 deadline set by the U.
Related videos from YouTube:
1:04Protests over Spain car plant cuts
Oct 16 - Hundreds rally in Barcelona after Nissan's announcement that it's to axe nearly 1, 700 jobs. The Japanese car giant is blaming the global economic crisis and new laws that penalize vehicles that emit higher levels of carbon dioxide for a slump in demand for vans and 4x4 models ...
3:254 Tips For Reaching International Buyers
International investors see the slumping US economy as an attractive place to invest in real estate. Investors from Spain, Germany, Venezuela and Mexico are eyeing depreciated real estate markets. ... "international investors" "hyper-topical blog"
7:29Eastern Europe about to go Bust, Taking Western Europe with It
74pc of the entire $4.9 trillion portfolio of loans to emerging markets. They are five times more exposed to this latest bust than American or Japanese banks, and they are 50pc more leveraged (IMF data). Spain is up to its neck in Latin America ...
