economic disaster

Detroit Bailout Dies in the Senate

In the face of Senate Republican opposition, the $14 billion auto industry aid bill that passed in the House of Representatives on Tuesday has died.  The biggest concerns raised...

EU Panel Backs Tougher-Than-Expected CO2 Rules

By Dennis Haak 09.26.2008 Just as the tentative deal on the Wall Street bailout collapsed yesterday in the US, so did a tentative deal in Europe that had been agreed upon...