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Grim economic data throws spotlight on crisis summit
Weak economic readings from China, Japan and Britain and a grim corporate outlook worldwide reinforced fears on Tuesday of a prolonged recession, prompting investors to look to a world leaders' summit for solutions.
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Why the Swiss economy is still as safe as –er– a Swiss bank
The Swiss are natural-born savers, says Harry de Quetteville, and consider banks to be emblematic pillars of society. 17
EU Nations Commit 1.3 Trillion Euros to Bank Bailouts
France, Germany, Spain, the Netherlands and Austria committed 1.3 trillion euros ($1.8 trillion) to guarantee bank loans and take stakes in lenders, racing to prevent the collapse of the financial system. 17
Economy could thwart efforts
THE unemployment statistics for the UK were unveiled to a chorus of groans yesterday, as it emerged the jobless figures were up once more for the eighth month. 17
UK Jobless total 'will hit 3m': But don't worry says PM
The growing army of the jobless is set to number three million by the time of the next election, economists warned Gordon Brown yesterday.They predicted levels of unemployment not seen in two decades on the back of the biggest three-month leap
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U.K. Jobless Claims Reach Highest in Almost Two Years
U.K. unemployment rose to the highest level in almost two years in September as the prospect of a recession and the global financial crisis prompted a spate of job cuts from banks to construction companies. 17
"We must spend up to 4 trillion dollars"
To save the financial market, the governments must disburse at least 3 or 4 trillion dollars and nationalise banks threatened with bankruptcy. Is the prescription of economist Swiss Mauro Baranzini, for which this crisis demonstrates the need for 17
Dollar Strong as Talk of Coordinated Rate Cut Looms
Riding to the rescue of this near-global near-free fall is, hopefully, a coordinated response by the world’s major central banks. No doubt led by the Fed, there is talk of at least 50 basis points being shaved off of key rates. It is doubtful we’ 
