US Economy Watch

FROM THE BLOG : Missing crisis point

The main thrust of international debate on the economic crisis has been on how to salvage the US financial system, yet numerous proposed measures fail to address a crucial issue - wherewith is future growth coming? - Francesco...

Analysis: Merkel Feels First Real Heat over Poor Economy

For the first three years of her chancellorship, Angela Merkel could do no wrong. But she's now under attack from all sides for not doing enough to combat the effects of the global economic crisis on Germany.

Pratip Kar: Of abbreviations, acronyms and financial crisis

With all the knowledge, experience and wisdom, the financial markets from Wall Street to Dalal Street have gone through several cycles of boom and bust, which have influenced equally the profound and profane, leading them into...

DP World sees crisis as chance to expand into US

The world economic crisis is likely to force US ports to open up investment to foreign groups and DP World might consider this a timely opportunity, said a senior DP World official at the company's Americas office.

German carmakers face up to worse ever downturn

Berlin - The German car market is facing its worse downturn, the nation's auto industry association warned Wednesday as the deepening sense of economic gloom in the country leads to a shakeout in the industry and the prospects...

An interview with Walter Mead

In just under seven weeks Barack Obama will take over as President of the United States, but even in the month since his election there have been tectonic shifts in the landscape he'll have to deal with. The financial crisis...

The Bailout Dwarfs Spending on Poverty and Climate Crises

by CounterPunch (reposted) Wednesday Dec 3rd, 2008 7:22 AM The financial crisis is only one of multiple crises that will affect every country, rich and poor alike. There's also the global poverty crisis. Tens of millions of...

Fidelity bond hit by US volatility

A New Zealand listed bond has suspended its interest payments to investors for the second time in a year after being hit by more fallout from the US financial crisis. The Fidelity Capital Guaranteed Bond yesterday said it would...

Maddow's Response to News of Recession: Irrational Exuberance

Hey gang, didya hear the news? It's official, according to Rachel Maddow on MSNBC -- we're in a recession! Maddow could barely contain her mirth on her cable show Monday in conveying word of the National Bureau of Economic...

Canadian Petroleum Sector: The Squeeze Is On (at Seeking Alpha)

by: Peter McKenzie-Brown December 03, 2008 | about stocks: I’d rather you didn’t mention the company by name. For example, Penn West Energy – Canada’s largest conventional energy trust, with anticipated cash flow this year of...