A short article by Jake Neubacher at Brownsville Herald.
Markets shrugged off a steady barrage of grim U.S. economic news to push oil prices above $35 a barrel Thursday, with a drop in the dollar encouraging investors to buy crude.
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financialkungfumaster
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financialkungfumaster
Here is today’s story from Barron’s on General Motors.
![[Asian markets tumble]](http://s.wsj.net/public/resources/images/OB-DJ826_ASTOCK_D_20090330041338.jpg)
Asian markets tumbled Monday as risk-averse investors dumped equities on reports the Obama administration has forced the departure of General Motors Corp.’s chief executive and suggested a “quick and surgical” bankruptcy for struggling U.S. car makers.
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financialkungfumaster
From Boston Globe. Here we go again:
DAR ES SALAAM (Reuters) – Developing countries could face a financing gap of $270-$700 billion — equivalent to the latest U.S. economic rescue package — to help deal with the effects of the global crisis, the World Bank said Sunday.
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financialkungfumaster
Reuters America covers the NEW YORK issue:
NEW YORK (Reuters) — Oil prices settled down 1% on Friday, pulled lower by U.S. data showing the economy of the world’s largest energy consumer shrank more than expected in the final three months of 2008.
