AIG agrees new government bailout
Insurer AIG is set to report a $60-billion fourth-quarter loss and take a $30-billion lifeline from the United States government.
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AIG near deal on new terms of US bailout
American International Group is close to a deal with the United States government that would ease the terms of its bailout.
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Citigroup gets new rescue
The US government will boost its stake in Citigroup to as much as 36%, bolstering the bank's capital base in the latest effort to save the bank.
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China says economy on track but worse may lie ahead
Chinese officials on Friday painted a mixed picture of the economy, with one saying the country was on track to hit its 8% growth target this year.
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Cosatu voices concern over job cuts
Cosatu on Thursday expressed concern about companies using the global financial meltdown as an excuse to cut jobs and maximise profits.
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SA is not in a recession, says Manuel
South Africa is not in a recession despite some economists saying so, Finance Minister Trevor Manuel said on Thursday.
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Zuma: The challenge is protecting jobs in SA
The biggest challenge facing SA during the economic crisis is how to protect jobs, ANC president Jacob Zuma said on Wednesday.
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Obama: US to survive economic 'day of reckoning'
President Barack Obama sought to strike a delicate balance between hope and reality on Tuesday to reassure Americans mired in the economic crisis.
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World on edge as US slumps towards bank aid
The US vowed to prop up ailing banks if needed, with the government set to take a bigger stake in Citigroup and inject yet more cash into insurer AIG.
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US govt stake in Citi may rise to 40%
Citigroup is in talks that could result in the United States government increasing its stake in what was the country's most valuable bank.
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