credit crunch

 
Coming to a bank near you: Credit Crunch II
Coming to a bank near you: Credit Crunch II
Real fear stalked global markets this week as ominous signs emerged that the world was heading for another Lehman-style collapse.
Credit crunch bites in Britain
Credit crunch bites in Britain
The three years since the onset of the credit crunch have seen the cost of borrowing for households in the United Kingdom soar, despite interest...
November new vehicle sales down 28,3%
November new vehicle sales down 28,3%
South African new vehicle sales declined by 28,3% in November compared to the same month last year, in another sign that high interest rates are...
Alarms ring as panicked markets dive
Alarms ring as panicked markets dive
Asian and European leaders closed ranks on Saturday to try to bolster the confidence of shell-shocked investors fearful that the year-long global...
US judge approves Lehman's asset sale to Barclays
US judge approves Lehman's asset sale to Barclays
A US bankruptcy judge approved a revised version of British bank Barclays's deal to purchase the core US business of Lehman Brothers Holdings...
US credit crunch widens to 117 banks
US credit crunch widens to 117 banks
An official "watch list" of potentially troubled US banks has lengthened from 90 to 117 as the credit crunch wreaks havoc throughout the financial...
Global financial downturn 'to drag on'
Global financial downturn 'to drag on'
The Bank of England's new deputy governor warned on Monday that the global financial slowdown could "drag on for some considerable time".
Bernanke's inflation optimism boosts shares
Bernanke's inflation optimism boosts shares
Ben Bernanke, the head of America's central bank, on Friday night gave a boost to shares on both sides of the Atlantic when he said the fight...
Fannie sounds a warning after $2,3bn loss
Fannie sounds a warning after $2,3bn loss
Fannie Mae slumped to a quarterly loss of $2,3-billion after the housing market came down "fast and hard", prompting huge liabilities as borrowers...
UK on brink of recession as firms cut back
UK on brink of recession as firms cut back
Britain is in serious danger of heading into recession as the credit crunch tightens its hold over the economy, according to a survey of businesses...
Dotcom crash, credit crunch ... oil bubble?
Dotcom crash, credit crunch ... oil bubble?
The dotcom boom and bust shook the world economy almost a decade ago, last year the credit crunch seized up financial markets, and now an oil price...

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