Latest News in Credit History and Jobs – Jan 09, 2009

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Israel Bombs Gaza, Hamas Fires Rockets After UN Cease-Fire Vote – Bloomberg

9 Jan 2009 at 4:25am
Jan. 9 (Bloomberg) — Israeli warplanes pounded Hamas targets in the Gaza Strip and militants from the Islamic group fired rockets into Israel just hours after the United Nations Security Council called for an immediate cease-fire. The Council voted …

Credit crisis prompts Toyota leadership shuffle: report – Australian Broadcas…

9 Jan 2009 at 1:26am
Japanese media outlets are reporting that the president of Toyota has been replaced in a major shake-up at the world’s biggest carmaker. The company is facing the first operating loss in its 70-year history. Japan’s Nikkei Business Daily is reporting …

Rough road ahead, Ritter warns – Denver Post

9 Jan 2009 at 4:25am
Jan 8: Full planned text of Ritter’s State of the State speech Ritter describes ‘tough’ outlook for state Legislature has history-making opening day Jan 7: Full text of Senate Republican leader Josh Penry’s speech Senate President Peter Groff’s full …

Text of Obama’s economic speech – Allentown Morning Call

9 Jan 2009 at 1:55am
OBAMA: Thank you so much. Let me begin by thanking George Mason University for their extraordinary hospitality and to thank all the great friends, the governors, the mayors who are in attendance here today. Throughout America’s history, there have …

Interest rate cut to lowest for 300 years – Daily Telegraph

9 Jan 2009 at 12:29am
The Bank repeated its plea for fresh action to help homeowners and businesses and warned that further measures were needed to help kick-start the economy. It is the fourth such appeal the Bank has made since the start of December following growing …

Obama’s starting to take charge already – Philiy.com

9 Jan 2009 at 3:57am
BARACK OBAMA was officially elected yesterday the 44th president of the United States – and acted as if no one had told him that the change in power doesn’t take effect for another 12 days. In arguably the most extraordinary day of an unprecedented …

Peter Edwards: The view from here ? we’re in for rough ride on … – yorkshi…

9 Jan 2009 at 1:33am
IT was a history-making cut that confirmed the Bank of England is taking real action to combat the effects of the recession. Why, then, does it feel so bad? Maybe it’s because it doesn’t seem to make a difference anymore. We’ve all become used to …

Oil ends worst year in Nymex history below $44 – San Francisco Examiner

30 Dec 2008 at 4:54pm
3 hrs ago: A year after $100, oil prices cut in half 5 hrs ago: Oil prices cut in half 1 year after hitting $100 7 hrs ago: One year after $100, oil prices cut in half 9 hrs ago: Oil falls to below $43 a barrel 11 hrs ago: Oil falls to below $42 a …

Britain needs a state bank – Guardian Unlimited

9 Jan 2009 at 2:23am
Is the taxpayer being taken for a mug? This is the question I recently asked the governor of the Bank of England , Mervyn King. With credit lines to cash-strapped businesses drying up, it is the question that many of us are asking at the beginning of …

Bank of England cuts interest rate to record low – Los Angeles Times

9 Jan 2009 at 12:58am
Reporting from London — The Bank of England slashed its benchmark interest rate to an all-time low Thursday in an aggressive bid to shore up an economy battered by recession and the global credit crunch. The new rate of 1.5%, down half a percentage …

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January 09 2009 04:56 am | Credit Reports

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