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BLAME IT ON WALL STREET: Canadian PM Harper blames the failure of regulators to take timely action.

BLAME IT ON WALL STREET: Canadian PM Harper blames the failure of regulators to take timely action.

American recklessness led to global recession: Canada

In the first such attack by any western leader, Canadian Prime Minister Stephen Harper has blamed reckless American consumers and investors for leading the world into the current recession and said the marketplace is not the solution to the problems.

BRAINSTORMING: Central bank governors and CEO

Global markets crash cast a shadow on Davos meet

Central bank governors and CEO's gather to talk about world's economic growth every year at Davos.

http://www.ibnlive.com/news/global-markets-crash-cast-a-shadow-on-davos-meet/57190-7.html

FREE FALL: Registering its biggest fall in two weeks, Sensex on Monday plummeted by over 600 points.

Mkt bloodbath: Sensex tanks 600 pts

All the 30 stocks declined and the key index, Sensex itself slipped by the biggest margin since March 14.

http://www.ibnlive.com/news/mkt-bloodbath-sensex-tanks-600-pts/37556-7.html

STAY COOL: Finance minister says economy is doing well and there is no need to panic.

Global markets down, says Chidambaram

Finance Minister says market crash will not affect consumer demand, admits selling by FIIs partly led to meltdown.

http://www.ibnlive.com/news/global-markets-down-says-chidambaram/11895-7.html

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