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Ottawa, Ontario (AHN) - Canadian Prime Minister Stephen Harper appointed on Monday 18 senators made up mostly of Conservative Party members. It was the largest appointment to the senate made in one day in Ottawa's history. The opposition criticized ...

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Canada Has 18 New Senators - All Headline News

Dec. 22 (Bloomberg) -- Russian oligarchs are lining up for $78 billion of Kremlin loans to survive the credit squeeze, handing Prime Minister Vladimir Putin the opportunity to increase government control of the nation’s biggest companies. Just 12 ...

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Oligarchs Seek $78 Billion Loans as Credit-Market Squeeze Empowers ... - Bloomberg

GRAND BLANC, Mich. - The financing arm of General Motor's Corp. has until midnight Friday to clear a final hurdle in its quest to become a bank holding company, even though it already received the Federal Reserve's stamp of approval earlier this week ...

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GMAC needs to clear final hurdle for bailout funds - Canada East

Dec. 20 (Bloomberg) -- General Motors Corp. and Chrysler LLC, steadied by a $13.4 billion federal lifeline, face a March 31 deadline to slash debt, rework labor contracts and plan for thousands of job cuts or face government-ordered bankruptcy. The ...

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GM, Chrysler Face To-Do List of Cutting Debt, Jobs (Update1) - Bloomberg

WASHINGTON - A key House Democrat is pushing to get the second half of the US$700-billion rescue fund released next month, before President-elect Barack Obama is inaugurated, in part to help stimulate the economy. In this Oct. 21, 2008 file photo ...

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Key Democrat wants second US$350 billion of U.S. bailout released ... - Canada East

“It is easy to ignore the storm if you look at the opposite horizon. When the storm reaches your location there can be no more ignorance.” I hate to tell you, but the storm has reached your location and it is a Category 5 hurricane. The levees ...

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The Great Consumer Crash of 2009 - OpEdNews.com

A federal bailout of $17.4 billion was not enough to keep Standard & Poor's Corp. from downgrading the credit ratings of General Motors Corp. and Chrysler LLC today on continued concerns both automakers will undertake distressed debt exchanges and ...

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GM, Chrysler suffer more ratings downgrades - Detroit News

With millions of homes in foreclosure in the U.S. and Congress and the U.S. Treasury scrambling to prevent even more, there are concerns the Canadian housing market could crash as badly as that down south. There is no question the Canadian real ...

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Report dismisses U.S. market parallels - Calgary Sun

In addition to restructuring, federal loans for embattled automakers such as Chrysler LLC can be used to buy time for an orderly bankruptcy, President George Bush said Friday. "These loans will provide help in two ways. First, they will give ...

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Chrysler considered at risk, despite aid - Detroit News

I think there needs to be an election ASAP with a clear agenda presented by the political parties, coalitions, etc.. so that Canadians can decide their future. Canada needs a government with a clear mandate to take control of the process. Gardiner ...

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