Economy – Page 295 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Spain and Ireland ‘thrown to the wolves’ after ECB move

Recession worries in Germany deepen

UBS to write down but has massive Tier 1 capital

The Fed wants inflation

Canada’s largest province on road to recession

U.S Services contract too

U.K. Services Contract

Jobless Claims: 404,000

ECB hikes key rate to 4.25%

US Unemployment shows 5.5%, net loss of 62,000 jobs