NetQuantum :: Regional :: South_America :: Brazil :: Government ::

• Automakers seek government loans
WASHINGTON (AP) -- Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles. With Congress returning this coming week ...
• Government takes control of Fannie, Freddie
The regulator of the two companies, the Federal Housing Finance Agency (FHFA) will manage the two companies on a temporary basis. The takeover is the second rescue bid engineered by the U.S. Treasury Department in little more than six weeks. It came ...
• Futures soar after U.S. takes over GSEs
NEW YORK (Reuters) - Stock index futures surged on Sunday, pointing to a sharply higher open when Wall Street opens on Monday, after the U.S. government seized control of troubled mortgage finance companies Fannie Mae and Freddie Mac
Unidentified ship captures 14 Somali pirates
Attacks at sea have boomed as lawlessness increased in Somalia, where there has not been a working government since warlords overthrew dictator Mohamed Siad Barre in 1991.
Wall Street may cheer Fannie, Freddie bailout
The government's decision Sunday to take control of the two companies — which own or guarantee about half the nation's mortgage debt — removes a huge cloud that has been hovering over skittish markets.