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Oct 8, 2008

Credit crunch hitting Saudi Arabia 12:48PM ET

The Gulf Arab nations' vast oil wealth has not fully insulated them from the global financial crisis as new data shows bank lending to the Saudi Arabian private sector recorded its lowest monthly rise in at ...

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Tom

United States

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#1
Oct 8, 2008
 
I = I am
S = Satan
L = Learn
A = About
M = Me
Secrecy

UK

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#2
Oct 10, 2008
 
Swiss government and Norwegian governments are in a crisis talk to resolves gages and high market volatile among Scandinavian Markets. Norwegian government accuses with Swiss government for not protect their investors who has more than $ 1 billion dollars in Swiss banks and Stock Markets shares which seems right now huge losses. Sweden investors trying sale off their shares while stock market is still open send shockwave globally stock markets and 10% losses in FTSE London for early opening hours and many Western Capitals market in similar position. World leaders and IMF body gathering in Washington US for crisis and solving economic meltdown unable to bring any new to cures with globally economic crisis and it seems all the co-ordinated interest cut and bailout package is a failure right now. All the investors are in panic and trying to cash in loses of original share values right now. There is a cash shortages is reporting so many banking systems
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