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Aug 9, 2011

LATEST World News, Aug 09, 2011


Global markets plummet as uncertainty grips investors
Irish Times
The fallout from the withdrawal of the top AAA credit rating from the United States pushed worldstocks to their lowest level in almost a year. Investors moved money to safer havens such as gold and Swiss francs. The sell-off of shares has wiped $3.4 ...
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Fed International-Finance Head Sheets to Leave
Wall Street Journal
His departure is the latest in a string of recent retirements by top Fed staffers who worked to contain the financial crisis of 2008 and 2009. Fears are growing that the high public debt levels accumulated to fight the crisis could provoke a new global ...
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An avalanche of worry
Boston Globe
Oil plunged by more than $5 a barrel in New York, closing below $82 a barrel for the first time since November and reflecting fears that a global slowdown would slash demand. While the downgrade may have been a catalyst for the sell-off, analysts said...
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Boston Globe
National Australia Bank says can weather global turmoil
Reuters
Global markets have been in chaos in recent weeks over fears the United States, the world'slargest economy, may be sliding back into recession and as Europe's debt woes have sour sentiment. A favored gauge of investor anxiety on Monday spiked to its ...
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Argentina: economic top dog?
Financial Times (blog)
“In a world which appears to be collapsing into universal default, our debt-to-GDP ratio puts us among the top countries in the world,” she said. But in fact, Argentina is not immune to the global financial turmoil. The Merval stock index, ...
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Financial Times (blog)
World crisis the latest in S&P hall of shame
Sydney Morning Herald
Standard & Poor's has come under sustained attack following its downgrading of the US government's AAA credit rating over the weekend, with its detractors highlighting the credit rating agency's actions (or lack of) in the lead-up to the global ...
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Sydney Morning Herald
Rotate players to get the best out of them
India Today
The farcical injury related drama that is unfolding in England has once again raised the importance of rotating players for India's international matches in the face of the ever tightening global cricket schedule. The key players of Mahendra Singh ...
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India Today
FTSE hits 13-month closing low on global debt woes
Reuters
There was further concern over the health of the world's biggest economy after a gauge of the US job market declined in August. "The principal concern is the growth outlook and the extent to which the growth outlook and the global recovery is being ...
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A jolly good job in London
Boston Globe
Defending champion Rebecca Bross will get a challenge from Needham's Alexandra Raisman, who won the recent CoverGirl Classic and figures to make the world team again, along with Sacramone. If Johnson qualifies, it'll be a major achievement after her ...
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Top Companies Claim To Fight Global Warming, But Sponsor ALEC's Climate Denial
Think Progress
By Brad Johnson on Aug 8, 2011 at 11:00 am The fight against global warming pollution requires the investment of everyone, including the world's multinational corporate giants. Many companies have taken official stances on climate pollution, ...
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Emerging-Market Stocks Decline for Sixth Day on Global Economy Concerns
Bloomberg
The MSCI All-Country World Index slumped 5.1 percent yesterday. Monday's rout wiped out about $2.5 trillion in global equity values, extending the total loss in market values since July 26 to $7.8 trillion, according to data compiled by Bloomberg. ...
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Asian stocks tumble after Wall Street rout
The Associated Press
Hynix Semiconductor, one of the world's leading memory chip makers, shed 5.5 percent, while Samsung Electronics, the top global manufacturer of flat screen televisions, crumbled 4 percent. Oil companies were stung by falling crude prices. ...
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The Associated Press
Apple Reaches Global Smartphone Summit
MacNewsWorld
... million -- of the 106.5 million devices shipped around the world during the second quarter. Following Apple is Samsung, with 16.2 percent of global shipments, and then Nokia (NYSE: NOK), with 15.7 percent. Nokia held the top spot a mere year ago. ...
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Global markets in turmoil
Inquirer.net
Stocks in the Asia-Pacific region plunged, wiping billions of dollars more off worldshare prices. Last week's turbulence in financial markets chopped off an estimated $2.5 trillion from the value of global equities. Among the major Asian markets, ...
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Inquirer.net
Filipino Entrepreneurs Can Now Tap into a Global Marketplace for Jobs Online
PR Newswire (press release)
On top of this, social networking penetration is among the highest in the world, for example it is estimated that about 25 million of these online users have Facebook accounts. SMEs in the Philippines can now connect with over 2.7 million verified ...
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Concord Hospitality Enterprises Company Helps Clean the World
Business Wire (press release)
based social enterprise Clean the World Global LLC (www.cleantheworld.org) to collect and recycle hotel soaps, shampoos, conditioners, lotions and gels to help fight the global spread of preventable diseases. “Each individual property within the ...
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Rebecca Van Dyck hopes to bolster Levi Strauss
San Francisco Chronicle
While it's still the top seller, Levi's share of women's jeans sales slipped to 4.4 percent in 2010 from 5.4 percent in 2005, according to research firm Euromonitor International. Its slice of the men's jeans market dropped to 7 percent from 8.4 ...
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China's Stock Futures Fall Amid Rout in Global Markets, Economic Outlook
Bloomberg
Buying opportunities in China's stocks will emerge and a 20 percent rebound from the current level is possible, Citigroup Inc. analysts led by Shen Minggao wrote in a report yesterday. Signs of China's economic decoupling from the developed world, ...
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Albany International Reports Second-Quarter Results
MarketWatch (press release)
Albany International Corp. /quotes/zigman/216891/quotes/nls/ain AIN -4.41% is a global advanced textiles and materials processing company. Its core business is the world's leading producer of custom-designed fabrics and belts essential to the ...
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No cure for slow growth spooks markets
Financial Post
King with HSBC sketches a benign scenario for correcting the global imbalances underlying thecurrent market mayhem. To shift the balance of global demand from the United States and Europe towards the emerging world, the United States would make an ...
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Commodities markets summary
Sydney Morning Herald
A fresh economic downturn in the United States, the world's largest consumer of oil, would take a deep bite out of global energy demand. Some analysts say the country may be on the brink of entering a double-dip recession. As well, fears that Europe's ...
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China's inflation reaches 37-month high
Xinhua
It has repeatedly stressed that striking a balance between maintaining growth, curbing inflation and restructuring the country's economy will be its major concerns for this year. However, the dilemma is complicated by a faltering global economy, ...
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Asia stock sell-off deepens
Financial Times
Fear gripped Asian markets following a rout in the US stock market overnight, sending equities and currencies tumbling as investors grew increasingly pessimistic about the outlook for the globaleconomy. The FTSE All World Asia Pacific excluding Japan ...
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Leading Virtual Currency Monetization and In-Game Brand Advertising Platform ...
SYS-CON Media (press release)
The company's management team is comprised of acknowledged innovators in intelligent content management, content delivery networks, and mobile performance and has been honored with awards including the Red Herring Top 100, AlwaysOn Global 250 Private ...
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Global Environmental Quality: Recommendations for Rio+20 and Beyond
Brookings Institution
One hopes for the best next summer, but expectations are low. Not only are the past 40 years an unpromising history, including the de-railing of emission limitations addressing climate change, but the current financial and political climate is a ...
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World Jittery As Debt Crises Hit Hard
Onislam.net
The downgrade raised further worries in the global markets already spooked by European debt crises. Scrambling to contain the fallout, finance chiefs from the world's top seven industrial powers pledged to take necessary actions to steady financial ...
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CANADA STOCKS-TSX set to open lower on global economic fears
Reuters
US stock index futures tracked a sharp drop in global equity markets after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling jittery investors. [.N] * European stocks resumed their sell-off, ...
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Mouser and Cree Ink Global Distribution Agreement
Business Wire (press release)
The global agreement enables lighting designers worldwide to quickly find, compare, select, and order Cree's latest products, including their innovative line of lighting-class XLamp ® LEDs, high brightness LEDs, LED modules, and power products. ...
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UPS Survey: Global Healthcare Execs Face Risks with Complex Changes Ahead
MarketWatch (press release)
A focus on intellectual property protection emerged as a global healthcare industry priority, cited by 43 percent of respondents as a top business concern. Patent expirations also ranked high among pharmaceutical and biotech company concerns, ...
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Fedor Emelianenko will continue fighting, and could do so this fall in his ...
ESPN
Don't miss a moment of the latest MMA coverage from around the world. Follow us on Twitter and stay informed. Join » Though Evgeni Kogan, head of global operations for Emelianenko's promoter, M-1 Global, claimed Zuffa is not in the position to make ...
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VIX Tops 40, Global Volatility Gauges Soar After S&P Lowers U.S. Rating
Bloomberg
Photographer: Scott Eells/Bloomberg The VIX soared the most in more than four years and Europe's volatility index increased for a record ninth-straight time after Standard & Poor's stripped the US of itstop credit rating. The VIX, as the Chicago Board ...
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Tuaca Longboard Pro kicks off in cranky Newquay
Global Surf News
The Relentless Boardmasters in assoc. with Vans starts Tuesday August 9th along with the Tuaca Longboard Pro, with the world's best short board surfers coming back once again to fight for the prestigious Boardmasters title. Stepping up to a full 6-Star ...
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World leaders rally to tame debt crisis | Pakistan Today | Latest ...
By fraaz
World leaders rally to tame debt crisis. News Comments ... A sharply-worded editorial in the Chinese People's Daily -- the mouthpiece of China's Communist Party -- said Western nations threatenedglobal prosperity by "ignoring their responsibility" to the rest of the world. ... The moves were part of aglobal response made additionally necessary by Standard & Poor's taking the historic step of cutting its US credit rating to AA+ from the top notch triple-A on Friday. ...
Pakistan Today | Latest news,...
Oil tumbles below $78 amid US recession fears | Stock Market News ...
By Editor - Finance Top Stories
... 2011 by Editor - Finance Top Stories. SINGAPORE (AP) — Oil prices tumbled to their lowest in almost a year to below $78 a barrel Tuesday in Asia amid a global sell-off of equities and commodities triggered by investor fears the U.S. will soon fall into recession. ... RocketNews RSSNews Feeds. RocketNews RSS Feed Rocketnews is a leader in live news stories, a resource for daily news feeds. Rocketnews delivers the top stories and the latest RSS news feeds for: ...
Rocket News
Famine: 'Hundreds of thousands of kids could die' - World news
Hundreds of thousands of Somali children could die in East Africa's famine unless more help arrives, a top U.S. official warned Monday... ... World · US · Politics · General News. mail.com ...
Mail.com: Breaking News
DJ LIVESTOCK HIGHLIGHTS: Top Stories Of The Day ... - World news
By admin
CTV.ca. Around the World in 18 Tweets Storyful This briefing brings you an easy-to-digest summary of the top global stories, as delivered by users of Twitter. It is updated throughout the day. Assembled by @markhamnolan. Markets in Asia felt the effects of the S&P downgrade of the US sovereign debt … Anonymous Targets Syria, Verizon Employees on Strike: This Morning's TopStoriesMashable all 2240 news articles » ...
World news » |World news
NewsDaily: Analysis: No quick cure for slow growth at root of ...
By Alan Wheatley, Global Economics Correspondent
NewsDaily: Your best source for breaking news ... Bruce Kasman, a global economist for the bank based in New York, said contracting U.S. spending had shaved more of off GDP growth over the past year than any time since 1970. ... King with HSBC sketches a benign scenario for correcting theglobal imbalances underlying the current market mayhem. To shift the balance of global demand from the United States and Europe toward the emerging world, the United States would make an ...
NewsDaily: Top Headlines
US stock futures like Humpty Dumpty this a.m. | CapeCodOnline.com
U.S. stock futures tumbled Monday amid a rout in global stocks after Standard & Poor's downgraded the U.S. credit rating for the first time. ... "I want to see how the market clears and how it synthesizes the cacophony of news of late." Gold is another investment that investors traditionally run to for safety. It rose above $1700 per ounce for the first time. "Investors are concerned about a rising risk of global recession, credit downgrades especially now in the eurozone ...
Latest Breaking News From Cape Cod Times
China stocks dive amid US woes - Today's Top News - China Service Mall
By 7659
Chinese equities plunged on Monday as the US credit rating downgrade jolted financial markets amid fears that the global economy may be heading back into recession.Wall St plummets as fear jumps on downgrade Asia markets sink. ... Investor confidence in the US economy suffered a major blow after international rating agency Standard & Poor's downgraded the rating for US sovereign credit from AAA to AA+. It has led to growing fears that the world's largest economy may ...
Service guide in China - Resources...
Indian markets recover after morning crash - Business News - IBNLive
BSE benchmark Sensex continues to be under extreme pressure just as the rest of the world. Asian Indices continued their fall for the second day as sentiments post US downgrade remained fragile. But the Nifty managed to get back above the 5000-mark. Analysing the global phenomenon, Robert Parker of Credit Suisse told CNBC-TV18 that "the US rating downgrade was discounted by globalmarkets. ... India's optimism mislaid on back of global news: S Narayan ...
IBN Top Headlines
Today's Business Headlines | WA Business News
By dan.wilkie
News. Panic selling hits Asian markets. Finance ministers and central bankers from the 20 largest developed economies, including Australia, have promised to take coordinated action to address the turmoil hitting global financial markets, ... JB Hi-Fi will launch a digital music streaming service this year, mirroring moves by major international players Amazon.com and Apple as it looks for ways to offset a weak retail environment and long-term declines in key categories ...
WA Business News - Latest News
Latest news
With echoes of Friday's headlines, we have to lead today's news with confirmation that Maui's Graham Ezzy has won the AWT Baja Cactus Cup while Britain's Tanya Saleh cleaned up in the women's. ... already on heat 10 this lunchtime, so stay tuned to pwaworldtour.com for all the latest. Today also sees the launch of the 2012 MauiSails wave and freestyle line-up – the Legend, Ghost,Global, Loco and Switch. Check them out at mauisails.com and enjoy this product launch movie. ...
Boardseeker Magazine | Latest News
ACI Report Reflects Air Transport's Resiliency: AINonline
By Gregory Polek
Atlanta's Hartsfield International remained the world's busiest airport last year, as more than 89 million passengers passed through its gates. (Photo: Hartsfield-Jackson Atlanta InternationalAirport). A new report about global air traffic , released last week by Montreal-based Airports CouncilInternational (ACI), shows a strong rebound in 2010 after a two-year industry slump, as passenger traffic rose last year by 6.6 percent and topped the 5 billion mark for the first ...
Aviation International News: Latest News
Asian stocks tumble after Wall Street rout - seattlepi.com
SYDNEY (AP) — Asian equity markets were sharply down early Tuesday as investors fearing a possible global economic slowdown continued to flee stocks. Oil fell below $78 per barrel, toppling to its lowest price of the year on concerns ... JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, FRANCE, HONG KONG, JAPAN AND SOUTH KOREA Photo: Kyodo News / AP. Japanese Finance Minister Yoshihiko Noda speaks to reporters at the... A money trader monitors update of foreign exchange ...
seattlepi.com: Top Headlines...
U.S. credit downgrade affects world economy - Home » Other ...
The decision of Standard & Poor's (S&P) to strip the Untied States of its top-notch credit rating has shed light on the structural problems embedded in the U.S. economy and will exert far-reaching effects on world economy and finance, ... READ OTHER NEWS ... The recent drama over whether the United States would default has weakened confidence in the U.S. economy and underscored the already growing desire of many investors around the world, including many central bankers, ...
philstar.com - Breaking News
WSG Club Alert: Gold blows by $1700! Breaking News! - Monday ...
If you are having trouble viewing this message, please go to http://community.icontact.com/p/wallstreetgrand/newsletters/club/posts/wsg-club-alert-gold-blows-by-1-700-breaking-news [1] Wall Street Grand Report Good evening everyone, ... Traders around theworld were shaking their heads and licking their wounds as they watched the Dow Jones Industrials average fall 634 points, breaking 11000 and settling at 10809 on the back of an S&P downgrade of the U.S. credit rating ...
Stock Newsletters
Serbia: State offensive against the libertarian ... - Infoshop News
The senior public prosecutor filed an appeal against the acquittal on the same day and during the following year there were no further news on the case. We have recognized this silence as another method of repression against our ... Democratic Party (Serbia's ruling party) was taking place, whose member also is the Minister of Defence Dragan Å utanovac, one of the top operatives of NATO in Serbia and the formal host of this gathering of war criminals from around the world. ...
Infoshop Top Stories
PSEi drops as global markets take a nose dive ... - US News Las Vegas
By admin2
By PNA and U.S. News Agency / Asian. Philippine Stock Exchange index continues to slide as ripple effect of United States credit downgrade, dipping 106.31 points or 2.39 percent to 4331.24, as all shares stumbled 61.11 points or two ... On Monday, Asian stocks nose-dived following the first-ever downgrade of the U.S. government's credit rating, sending tremors across the global financial system, the development sparked speculations that the world economy is weakening. ...
U.S. News Las Vegas
More HUNGER GAMES news: World to CATCH FIRE in 2013 | Very Aware ...
By Courtney Howard
Just a few hours ago, we saw the new stills from THE HUNGER GAMES and now Lionsgate – the studio producing the highly anticipated series of films based on the novels – is breaking news on a release date for the sequel. ...
Very Aware
Global finance chiefs vow 'all necessary measures' - World - CBC News
World financial leaders said Sunday they will act together for financial ... Major StoriesIn The News. Market tip: 'steady' · The end of TV · 9/11: Where were you? ... The G7 statement said "no change in fundamentals warrants the recent ...
www.cbc.ca/news/world/story/2011/.../europe-debt-talks.html

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