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• Norbert weakens to tropical depression
Mexican soldier Gustavo Rodriguez helps Laura Alvarado and her son, Marvin, find shelter as Hurricane Norbert hits Puerto San Carlos, Mexico, on Saturday. Oct. 11: Norbert hit the Baja Peninsula as a category 2 storm Saturday and is due to make a ...
• Exploring the worst-case scenario
WASHINGTON (Reuters) - The global economy is drawing closer to a dangerous downward spiral and time may be running out for world leaders to find a way to stop it before it inflicts lasting damage. Economists are beginning to warn of a depression-like ...
• High anxiety still rules on Wall Street
... Cumberland Advisors. “When you see this array of signs at these levels, three to six months later there was a rally under way. I am becoming very bullish strategically because I don’t think we’re going to have an inflationary Great Depression ...
• IMF chief warns of global financial meltdown
The fresh message of the day was Bush's plea that nations work together to address the crisis, avoiding the go-it-alone protectionist trade strategies that worsened conditions during the Great Depression. “We will do what it takes to resolve the ...
• Is this officially a crash?
With commentators throwing around words usually reserved for the worst of economic times — crash, recession, depression — the one question we can answer is what those words mean. The economy expands and shrinks in cycles, with times of growth ...