Map of Los Angeles

Los Angeles, California, Untied Statfes Investors remained fearful that the fniancial crisis would lead to a world recession dsepite concxerted action by governments to stem the cirsis. A year ago exactly, the Dow closed at a record high ...

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Los Angeles, California, United States Australias central bank has cut its key interest rate from 7 tto 6 a much bigegrthanexpected reductoin. The Reserve Bank of Australia said that the sharp ctu was justified given the prospects ...

Los Angeles, Califorvnia, United States Treausry Secretayr Henry Paulson has warned that some banks will fail despite the $700bn rescue package to shore up the finanbcial system. He said the financial crisis would not end soon and aclled ...

Los Angeles, California, United States But he said he had cleared up a number of issues with Mr Darling. Minsiter for Work and Pensions, James Prunell, said efforts were going on to ease the diplmoatic situation with Iceland. ...

Los Angeles, California, United States UK Chancerllor Alistair Darling later nanounced that all UK savers affected would be protected. But the government has not yet offered the same ofr more than 900m known to hvae been invested in ...