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Video: Australia Cuts Key Rate By 1 Point
from Bloomberg October 07, 2008
Australia's economy grew at slowest pace in more than 3 years in second quarter; Australian inflation accelerated to 4.5% in second quarter; Analysis by Katie Dean of ANZ Bank, Senior Economist
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Video: Credit Crisis & Main Street
from Bloomberg October 06, 2008
Manchin, other governers urged congress to act quickly on bailout; Local governments, businesses begin to feel credit crunch; Minnesota, Oregon announce delays of State bond issues; Manchin: Bush's economic policies have been disastrous for main Street; Analysis by Gov. Joseph Manchin, (D) West Virginia, Chairman of the Democratic Governors Association
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Video: Lehman CEO Testifies
from Bloomberg October 06, 2008
Fuld testifies before the House committee on oversight Shays: Congress is to blame for the financial meltdown; Analysis by Rep. Carolyn Maloney, (D) New York; Analysis by Rep. Chris Shays, (R) Connecticut
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Video: McCain focuses on economy at UNM rally
from KOB Albuquerque October 06, 2008
CHANGE'.... TODAY JOHN MCCAIN POPPED INTO ALBUQUERQUE FOR ANOTHER WHISTLE- STOP VISIT...IN HIS RACE FOR THE WHITE HOUSE AGAINST BARACK OBAMA. STUART DYSON IS LIVE AT U-N-M WHERE MCCAIN RALLIED WITH AN ENTHUSIASTIC CROWD THIS AFTERNOON. REPUBLICAN PRESIDENTIAL CANDIDATE JOHN MCCAIN - TRAILING IN THE POLLS - IS WELL WITHIN STRIKING DISTANCE... ATTACKING OBAMA AS A VAGUE MYSTERY MAN ON THE ISSUES... AND WORSE ON THE KEY ISSUE -- THE ECONOMIC CRISIS. MCCAIN SAYS OBAMA PLAYED A PART IN THE WALL STREET PLUNGE, BY SUPPORT MORTGAGE POLICIES THAT ENCOURAGED RISKY LOANS TO LOW- INCOME BORROWERS THEN FAILED TO ACT LAST WEEK WHEN THE BAILOUT BILL GOT INTO TROUBLE IN CONGRESS. 'Even after he refused to lift a finger to prevent this crisis, when the crisis hit, he was missing in action. He didn't even start to make calls to round up vote until after the rescue bill failed in the House and the markets crashed.'OBAMA HAS ACCUSED MCCAIN OF OPPOSING LEGISLATION THAT COULD HAVE HEADED OFF THE CRISIS. TODAY AT UNM, MCCAIN ACCUSED OBAMA OF LYING ABOUT THAT. MCCAIN ALSO VOWED TAX RELIEF FOR THE MIDDLE CLASS...AND WIPING OUT THE TEN TRILLION DOLLAR DEBT BY THE END OF HIS TERM. MCCAIN SOUNDED FAR TOUGHER TODAY AS HE GOES AFTER OBAMA ON THIS THE EVE OF THE SECOND PRESIDENTIAL DEBATE. COMING UP TOMORROW NIGHT IN TENNESSEE. STUART DYSON... EYEWITNESS NEWS FOUR. WHILE
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