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John Kerry on the Economic Crisis

John Kerry had at it with Bill O’Reilly on The Factor last night (h/t News Hounds) on the issue of the economic crisis. Watch it here:
This afternoon, Kerry held a press conference to outline the urgency of passing comprehensive economic legislation to avoid the collapse of Wall Street from hitting families and business across the [...]

World braces for the ripple effect

Katrina may start a perfect storm in the world economy, write John Garnaut and Los Angeles Times reporter Evelyn Iritani.

It’s easy to think the full impact of the oil crisis is half a world away, where American motorists are paying double what they were three years ago for petrol, after the Gulf Coast was ravaged by Hurricane Katrina.