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Governments brace for long crisis ahead

NEW YORK/HONG KONG, Dec. 5, 2008 (Reuters) — Asia-Pacific policy makers scrambled to prepare fresh measures to prevent further economic deterioration next year as investors awaited a report on Friday expected to show the sharpest U.S. job losses in 26 years. ...  > full story

Oil steadies below $44

SINGAPORE, Dec. 5, 2008 (Reuters) — Oil was steady below $44 on Friday, at its lowest level in almost four years, with eyes turning to the psychologically important $40 level as a widening economic slowdown gnaws into oil demand. ...  > full story

Jobless rolls at 26-year peak, factory orders drop

WASHINGTON, Dec. 4, 2008 (Reuters) — The number of U.S. workers collecting jobless benefits hit a 26-year high last month, data showed on Thursday, and it may head higher as a deepening economic slump forces a broad spectrum of firms to cut jobs. ...  > full story

Stocks fall on sliding energy sector, weak outlooks

NEW YORK, Dec. 4, 2008 (Reuters) — Stocks fell on Thursday as a sharp drop in oil prices sent the energy sector tumbling and disappointing profit outlooks from large companies such as Merck raised the specter of a worsening economy. ...  > full story

Car sales slide shows auto crisis worsening

MILAN, Dec. 1, 2008 (Reuters) — Car makers reported tumbling sales across Asia and Europe on Monday as the recession drove buyers from showrooms and drew a warning of more gloom next year. ...  > full story

Obama says long haul ahead

LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ...  > full story

Sarkozy urges U.S., Russian missile freeze

NICE, France, Nov. 14, 2008 (Reuters) — French President Nicolas Sarkozy said he won Russian backing on Friday for talks on security in Europe next year and urged a freeze in missile deployments by Moscow and the United States until then. ...  > full story

Top central bankers say ready for more action

FRANKFURT, Nov. 14, 2008 (Reuters) — Global central banks are ready to take further steps to ease market tensions and bolster faltering economic growth, top policymakers said on Friday, as world leaders gathered for talks on the economic crisis. ...  > full story

Sexes equal in education, women lag in power: study

GENEVA, Nov. 12, 2008 (Reuters) — Women still lag far behind men in top political and decision-making roles, a waste of talent given that their access to education and healthcare is nearly equal, the World Economic Forum said on Wednesday. ...  > full story
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