LONDON (Reuters) - The country's biggest clothing retailer reported its worst sales in a decade on Wednesday and Taiwan said its exports plunged the most on record, grim news belying recent optimism in world markets of a revival in the global economy.
Source: tiscali.co.uk

By James Davey and Mark Potter
Source: iii.co.uk

LONDON, Jan 7 (Reuters) - Britain's biggest clothing retailer reported its worst sales in a decade on Wednesday and Taiwan said its exports plunged the most on record, grim news belying recent optimism in world markets of a revival in the global economy.
Source: fxstreet.com

Americas Watchdog's Wall Street Fraud Watchdog is warning that from an economic standpoint, 2009 will make 2008 look like a walk in the park. In the strongest terms possible the Wall Street Fraud Watchdog is encouraging all US, or international investors, who were defrauded with auction rate securities, and or failed or frozen cash equivalents, to not sit on their hands, waiting for the ...
Source: prweb.com

Committee suggests forward-looking risk assessment by banks to avoid financial crisis in future.
Source: business-standard.com

The world's largest economy now faces an even deeper downturn than previously forecast, with soaring unemployment in 2009 and perhaps years of trillion-dollar deficits.Ben Bernanke and his Federal Reserve Board now expect economic conditions to worsen substantially this year with no hint of recovery until 2010, according to minutes released yesterday of the Fed's Dec. 16 monetary policy meeting. ...
Source: theglobeandmail.com

Venezuela's slumping oil earnings are starting to squeeze President Hugo Chavez's public spending spree and curb the international aid he uses to counter U.S. influence.
Source: deseretnews.com

Japan is reportedly considering cash injections for scores of regional banks in an effort to encourage lending as the financial crisis creates havoc for companies and economies around the globe.
Source: news.yahoo.com

Americas Watchdog's Wall Street Fraud Watchdog is warning that from an economic standpoint, 2009 will make 2008 look like a walk in the park.
Source: news.yahoo.com

Too much recent commentary has treated the current recession as if it were preordained and unstoppable. Recessions are not Acts of God.
Source: telegraph.co.uk