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  • Editor's pick
    • BASRA, IRAQ - OCTOBER 18:  People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve. From Getty Images.

      BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.

    • Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008. From Reuters Pictures by Reuters.

      Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.

    • A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean. From Reuters Pictures by REUTERS.

      A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.

    • BANGKOK, THAILAND - AUGUST 30:  A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej. From Getty Images.

      BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.

  • Hot off the wire
    • Visitors are sen at a Honda showroom  in Tokyo, Japan, Friday, Dec. 5, 2008. Honda will pull out of Formula One unless a new buyer can be found within three months, The Associated Press has learned. The Japanese car manufacturer has the operating budget to keep the team running into early 2009, but escalating operational costs amid the worldwide financial crisis have the Brackley-based outfit in danger of shutting down if a new sponsor is not found quickly. Takeo Fukui, CEO of Honda Motors, was due to hold a news conference regarding the F1 team in Tokyo Friday, Dec. 5, 2008. From AP Photo by Itsuo Inouye.

      Visitors are sen at a Honda showroom in Tokyo, Japan, Friday, Dec. 5, 2008. Honda will pull out of Formula One unless a new buyer can be found within three months, The Associated Press has learned. The Japanese car manufacturer has the operating budget to keep the team running into early 2009, but escalating operational costs amid the worldwide financial crisis have the Brackley-based outfit in danger of shutting down if a new sponsor is not found quickly. Takeo Fukui, CEO of Honda Motors, was due to hold a news conference regarding the F1 team in Tokyo Friday, Dec. 5, 2008.

    • Wen Hua, who survived the Sichuan earthquake, holds a toy in her temporary home in Anxian county, Sichuan province December 4, 2008. Schools that collapsed during the earthquake killed more than 19,000 people, nearly a quarter of the total deaths, an official said, giving the first government estimate. Picture taken December 4, 2008. From Reuters Pictures by REUTERS.

      Wen Hua, who survived the Sichuan earthquake, holds a toy in her temporary home in Anxian county, Sichuan province December 4, 2008. Schools that collapsed during the earthquake killed more than 19,000 people, nearly a quarter of the total deaths, an official said, giving the first government estimate. Picture taken December 4, 2008.

    • Members of a choir sing  during a ceremony for Thailand's King Bhumibol Adulyadej's 81st birthday at Sanam Luang square in Bangkok on December 5, 2008. The revered monarch turned 81 on December 5, 2008 but pulled out of his customary birthday address the previous day due to illness, ending hopes that he might offer guidance on a way out of the nation's long-running political crisis. From Getty Images by AFP/Getty Images.

      Members of a choir sing during a ceremony for Thailand's King Bhumibol Adulyadej's 81st birthday at Sanam Luang square in Bangkok on December 5, 2008. The revered monarch turned 81 on December 5, 2008 but pulled out of his customary birthday address the previous day due to illness, ending hopes that he might offer guidance on a way out of the nation's long-running political crisis.

  • Recently starred
    • A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93. From Reuters Pictures by REUTERS.

      A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93.

    • A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008. From Getty Images by AFP/Getty Images.

      A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008.

    • Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009. From Getty Images by AFP/Getty Images.

      Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009.

    • People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march. From Reuters Pictures by REUTERS.

      People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march.

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Federal Reserve / Articles Organization

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...$75 to $125 billion over the next two years to stay out of bankruptcy. Banking Committee Chairman Chris Dodd says the Federal Reserve and Treasury already have a green light to get cash to auto makers if Congress doesn't. SEN. CHRIS DODD, BANKING COMMITTEE...
...larger one. Federal Reserve Chairman Ben Bernanke spoke of his concerns at a Fed conference this morning. BEN BERNANKE, Federal Reserve Chairman: The housing market remains central to the economic and financial challenges that we face. Because housing and...
...points to almost 360 per cent. The deleveraging of this excess was always going to be deflationary but unfortunately, the Federal Reserve reacted slowly and mistakenly restrained the growth in high-powered money. Indeed, despite the Fed's conventional and...
...at a time when they, along with the rest of the "Big Three" of the US car industry, are going cap in hand to the Federal Reserve for upwards of $25 billion. From Tiger down, sports will now be looked at more critically, and many will be found wanting. What...
...2 per cent, the lowest since 1951 and, indeed, since the bank's foundation in 1694. Last month the US central bank, the Federal Reserve, cut its benchmark rate to 1 per cent and may well lower rates again this month. This action by so many of the world's monetary...
...for lawmakers to approve a financial lifeline for the Big Three. And he stressed that the Bush administration or the Federal Reserve could act unilaterally to help the auto industry. Dodd's skepticism about the ability of Congress to generate sufficient support...
...he is taking advice from yet another ex-Goldman Sachs CEO, and he never addresses the critical issue of the gold-less Federal Reserve. Rem Koolhaas, though not an economist, unknowingly helps us in understanding the prevailing economic theory. He is arguably...
...Ayn Rands timeless classic Atlas Shrugged. For example, long a thorn in the side of the US banking cartel, headed by the Federal Reserve, Wall Street investment banking has been wiped out by the Feds and Treasurys takeover of the industry through a combination...
...got a serious problem on our hands. And I realize that he's got a meeting over there, but we need him here. And I need the Federal Reserve to step up as well." Obama warned yesterday that he is keeping a watchful eye on how Paulso allocates the $700 billion...
...Chris Dodd, D-Conn., held out hope for a bipartisan deal, but downplayed expectations. Dodd expressed frustration that the Federal Reserve and Treasury haven't aided automakers. GM shares fell 16% and Ford 7%, helping spur a late market sell-off. GM CEO Rick...

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