Sunday, December 7, 2008

Obama reveals trillion dollar stimulus package

Times Online December 8, 2008

BUSINESS BULLETIN


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Today's top stories

Obama reveals trillion dollar stimulus package

Obama is seeking to justify the greatest injection of federal money into the US economy since the Depression-era New Deal

Advertising outlook worse than last recession

Spending on advertising around the world will fall by 0.2 per cent next year, according to an industry forecaster

Banks angry at PM's call for retail rate cut

British Bankers' Association hits back after remarks by Gordon Brown in relation to passing on MPC's cut to the base rate

High St crowds fail to lift clouds over shops

Gloom continues to enfold the British retail sector with Woolworths' future remaining in doubt and sales down elsewhere

OTHER HEADLINES
Analysis chevrons

Why Bank must fight economic Blitz

As dire news piles up, it does feel as though the economy is going into freefall, sapping sentiment and draining confidence

Markets chevrons

HBOS sells holdings... HMV results... JJB update

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