Reader “Mongoose” in the UK and Mark S. both sent us this: Iceland and the UK square off in a strange new financial Cold War [1]
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Numerous budget shortfalls around the nation: States That Can’t Pay for Themselves. [2]
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Katya sent us these links for your weekend reading displeasure: Iceland Teeters On Edge Of Economic Collapse; Banking Woes Spread Across Europe [3] — Councils fear for Icelandic cash [4] — Banking on gold. [5]. And then Cheryl (our Economic Editor) sent all these: Wall Street Ends Worst Week Ever With Wild Trading [6] — Dow’s Worst Week Comes To An End [7] (Total Decline For Week 2400 Points, 22.1% Loss, Worst Ever) — Oil Falls To 13-month Low As Investors Grow More Pessimistic [8] — European Markets Slump Further [9] — Morgan Stanley Drops Into Single Digits [10] — Morgan Stanley Credit Rating May Be Cut [11] — Global Stock Selloff [12] — Companies Hardest Hit By Credit Crisis [13] — London: Worst Ever Opening As Markets Slide [14] — Asian Stocks Plunge Again; Crisis Deepens [15] — UK Prepares For Mass Unemployment [16] — FDIC Insurance Not A Sure Thing [17] — Global Auto Market May Collapse In 2009 [18] — US Mint: Unprecedented Demand For Gold Eagles [19] — Bush Forced Into Diminished Role In Economic Crisis [20] — Fed Lends Record $431 Billion as of Wednesday [21] — Potential Economic Seizure Dead Ahead [22] — Central Banks Panic As Bailouts Fail To Halt Stock Market Crash [23] — Gold Ready To Skyrocket? [24] — GE’s Profits Drop 22% [25] — G-7 Meets on Crisis as Italy Splits Over `Weak’ Draft [26] — Dow Average May Be Poised To Fall To 7,000 [27] — Berlusconi Reverses Claim Re Closing World Markets [28] — US To Buy Stake In Banks [29]
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Eric flagged this one: Plug-In Hybrids Aren’t Coming — They’re Here [30]