LONDON - JANUARY 22: A pedestrian walks in front of a financial display screen showing the FTSE 100 on January 22, 2008 in West London. Widespread fears of a global recession have increased today after a crash in share prices with some ?77 billion wiped off the value of the City's stocks, which is the largest one-day point fall in London's history. The US Federal Reserve have cut it's interest rates by 3.5% in a bid to stave off a US recession. Getty Images logo Getty Images 22 months ago

LONDON - JANUARY 22: A pedestrian walks in front of a financial display screen showing the FTSE 100 on January 22, 2008 in West London. Widespread fears of a global recession have increased today after a crash in share prices with some ?77 billion wiped off the value of the City's stocks, which is the largest one-day point fall in London's history. The US Federal Reserve have cut it's interest rates by 3.5% in a bid to stave off a US recession.

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  1. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  2. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  3. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  4. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  5. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  6. An employee puts a "SALE" sign on the window of the Reiss store on Newbury Street in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.
  7. An employee puts a "SALE" sign on the window of the Reiss store on Newbury Street in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.
  8. A man carries a sign advertising the partial liquidation of a shop in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.

Recent Photos From The Wire

  1. People rummage through debris Friday Dec. 11, 2009 following a fire that gutted more than a thousand homes at downtown Manila late Thursday killing two children. The fire, which took seven hours for firefighters to put out, left more than 15,000 people homeless, according to fire investigator Lords Hernandez.
  2. People rummage through debris Friday Dec. 11, 2009 following a fire that gutted more than a thousand homes at downtown Manila late Thursday killing two children. The fire, which took seven hours for firefighters to put out, left more than 15,000 people homeless, according to fire investigator Lords Hernandez.
  3. Brad Pitt and Angelina Jolie attend a UNICEF ball honoring producer Jerry Weintraub in Beverly Hills, California December 10, 2009.
  4. Brad Pitt and Angelina Jolie attend a UNICEF ball honoring producer Jerry Weintraub in Beverly Hills, California December 10, 2009.
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  7. MELBOURNE, AUSTRALIA - DECEMBER 11: John Hastings of the Bushrangers prepares to bowl during day two of the Sheffield Shield match between the Victorian Bushrangers and the South Australian Redbacks at Melbourne Cricket Ground on December 11, 2009 in Melbourne, Australia.
  8. SUNSHINE COAST, AUSTRALIA - DECEMBER 11: Robert Allenby of Australia watches the ball after playing a shot from the bunker on the 16th hole during day two of the 2009 Australian PGA Championship at Hyatt Regency Resort Coolum on December 11, 2009 in Sunshine Coast, Australia.
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  10. SUNSHINE COAST, AUSTRALIA - DECEMBER 11: Robert Allenby lines up a putt on the 16th hole during day two of the 2009 Australian PGA Championship at Hyatt Regency Resort Coolum on December 11, 2009 in Sunshine Coast, Australia.
  11. SUNSHINE COAST, AUSTRALIA - DECEMBER 11: Rod Pampling of Australia plays a shot on the fairway during day two of the 2009 Australian PGA Championship at Hyatt Regency Resort Coolum on December 11, 2009 in Sunshine Coast, Australia.
  12. SUNSHINE COAST, AUSTRALIA - DECEMBER 11: Mathew Goggin of Australia plays a shot on the fairway during day two of the 2009 Australian PGA Championship at Hyatt Regency Resort Coolum on December 11, 2009 in Sunshine Coast, Australia.
  13. Athletes, from right to left, Leung Ka Hei of Hong Kong, Ko Wen-bin of Taiwan, Liu Xiang of China, Yume Moses of Japan, Long Kim Fai of Macau compete during the 110-meter hurdles heat at East Asian Games Friday Dec. 11, 2009 in Hong Kong.
  14. Chinese Liu Xiang competes during the 110-meter hurdles heat at the East Asian Games Friday Dec. 11, 2009 in Hong Kong.
  15. Chinese Liu Xiang competes during the 110-meter hurdles heat at the East Asian Games Friday Dec. 11, 2009 in Hong Kong.
  16. Qi Haifeng of China competes during the decathlon pole vault group competition of the Hong Kong East Asian Games Friday, Dec.11, 2009.