The big three automakers, Ford, Chrysler and General Motors are seeking a US $ 25 billion bailout. But the way they arrived for the meet at Washington was definitely not the way to go about asking for money. High flying took on a new meaning when the CEOs of top three auto giants arrived in a private jet to ask for a US $ 25 billion bailout.
There is much more at stake than just US auto giants.
http://www.ibnlive.com/news/us-auto-majors-in-danger-of-going-broke/78610-7.html
1 out of 10 jobs in the US is auto related, in peril as economy crashes.
http://www.ibnlive.com/news/us-auto-sector-in-crisis-big-three-cry-for-bailout/78328-7.html
UK's domestic economy contracted by 0.5 per cent last quarter.
http://www.ibnlive.com/news/british-employers-warn-of-long-and-deep-recession/78315-7.html
British Telecom has 600 employees in India but the job cuts are in UK.
http://www.ibnlive.com/news/british-telecom-to-cut-10000-jobs-india-untouched/78104-7.html
Package larger as a percentage of the economy than the American financial bailout.
http://www.ibnlive.com/news/stimulus-package-to-bring-chinas-economy-back-on-track/77896-2.html
Economic growth, exports and various industries in China are slowing.
http://www.ibnlive.com/news/china-announces-570-billion-bailout-package/77790-2.html
US markets slumped only a day after electing a new president.
http://www.ibnlive.com/news/numb-us-markets-see-worst-2day-slump-since-1987/77611-7.html
Global financial crisis has dampened the festival season in India.
http://www.ibnlive.com/news/economic-slowdown-dampens-festive-spirit/76895-3.html
Oil Minister Murli Deora said a decision will be taken based on OPEC meeting.
http://www.ibnlive.com/news/no-bailout-for-airlines-but-fuel-prices-may-be-cut/76536-7.html
Recession hits hard and people need an escape from reality.
http://www.ibnlive.com/news/too-broke-for-all-else-americans-save-up-for-movies/76530-2.html
The average American is worried about the economic crisis.
http://www.ibnlive.com/news/us-economic-crisis-wall-street-first-main-stream-waits/76281-2.html
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