Archive for March 16th, 2008

Stocks face rocky ride with banks, Fed

Sunday, March 16th, 2008

NEW YORK - The rocky ride for the United States stock market is likely to intensify this week with the survival of one of the largegest investment banks in doubt and regulators rapidly burning through options to limit more damage to the financial system.

Serb-Kosovo trade hits hurdles, smuggling thrives

Sunday, March 16th, 2008

BELGRADE/PRISTINA - The red box of the buttery ‘Plazma’ cookie, one of ex-Yugoslavia’s best-loved snacks, offers a quick introduction to the dilemma of businesses trapped in the political tussle between Serbia and Kosovo.

Record oil divorced from fundamentals: OPEC delegate

Sunday, March 16th, 2008

DUBAI - The weak dollar and the flow of investment money into commodities have pushed oil prices to a fresh record so more pumping from OPEC would have done little to stop the surge, a senior OPEC delegate has said on Sunday.

Treasury’s Paulson says United States economy resilient

Sunday, March 16th, 2008

WASHINGTON - Treasury Secretary Henry Paulson on Sunday repeated comments that a strong dollar was in the United States interest and expressed confidence that financial markets would recover from their current turmoil.

Treasury’s Paulson says United States economy resilient

Sunday, March 16th, 2008

WASHINGTON - Treasury Secretary Henry Paulson on Sunday repeated comments that a strong dollar was in the United States interest and expressed confidence that financial markets would recover from their current turmoil.

Treasury’s Paulson says United States economy resilient

Sunday, March 16th, 2008

WASHINGTON - Treasury Secretary Henry Paulson on Sunday repeated comments that a strong dollar was in the United States interest and expressed confidence that financial markets would recover from their current turmoil.

Merrill CEO says has tackled largegest problems: report

Sunday, March 16th, 2008

MADRID - United States bank Merrill Lynch & Co has overcome its most serious problems stemming from the global credit crunch but has not eliminated all, its chief executive was quoted as saying.

Merrill CEO says has tackled largegest problems: report

Sunday, March 16th, 2008

MADRID - United States bank Merrill Lynch & Co has overcome its most serious problems stemming from the global credit crunch but has not eliminated all, its chief executive was quoted as saying.