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22.11.2008, 10:24

New U.S. Administration to clean up the mess

Hillary Clinton is ready to join Barack Obama's cabinet as the Secretary of State, according to the United States' National Public radio. If appointed she will have to deal with George Bush's controversial foreign policy legacy.

23.11.2008, 02:21

Angry Americans protest against U.S. monetary policy

While leaders in Peru grapple with the financial fallout, Americans angry at the multi-billion dollar bailout plans are protesting in Washington. They say the U.S. Federal Reserve, far from helping solve the financial crisis, is taking money out of their

26.11.2008, 16:56

Toyota counts on Russia as sales wilt

The world's biggest automaker, Toyota, which recently lost its AAA rating from Fitch is counting on Russia to save its global business from operating at a loss.

08.12.2008, 16:44

Ford’s plant extends holiday as sales fall

Ford’s car plant in the Leningrad region will suspend production for nearly a month over the New Year’s period – giving workers an extended holiday as demand weakens.

US car industry runs out of road

Published: 27 November, 2008, 06:19


The U.S. state of Michigan used to be the throbbing heart of the once-mighty American auto industry and a vital employer. But the current financial crisis has brought this engine of U.S. business near the brink of collapse and some Michigan residents are

 
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