NetQuantum :: Society :: People :: Generations_and_Age_Groups :: Youth :: Youth_Rights :: Global ::

• Oil price run-up looks like just another bubble
On Monday, Goldman Sachs, among those predicting $200-a-barrel oil, cut its year-end forecast of oil to $70 from $115 and lowered its price outlook for the end of 2009 from $107 per barrel from $125 to reflect the weak global economy. "We clearly ...
• Fed leads round of global interest rate cuts
Oct. 8: Financial markets gyrated wildly after global interest rates were cut Wednesday in a coordinated emergency attempt to prop up plunging stock markets. CNBC's Carl Quintanilla reports. WASHINGTON - In a rare coordinated move, the Federal ...
• Wall Street explodes in historic one-day surge
NEW YORK - Wall Street stormed back from last week's devastating losses Monday, sending the Dow Jones industrials soaring a nearly inconceivable 936 points after major governments' plans to support the global banking system reassured distraught ...
• Forecasters see U.S. leading global downturn
WASHINGTON - The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting mounting damage from the most dangerous financial jolt in more than a half-century. The International Monetary Fund ...
• U.S. financial panic goes global
For a time, it appeared that the impact of the recent financial panic and ongoing economic downturn might be largely contained to U.S. consumers, businesses and government leaders. No more. Monday’s global stock market sell-off reinforced fears ...