Posts Tagged ‘financial crisis’

John McCain And Barack Obama Debate On Iraq, US economy And Threat

John McCain and Barack Obama, who are the U.S. presidential candidates, clashed their point of views on the Iraq war, the US economy and the threat from a nuclear-armed Iran during their hugely anticipated first presidential debate.

President Bush Warns Long Recession In The Midst of Financial Crisis

President George W. Bush, who address nation on banking bail-out, has issued an urgent warning that America’s “entire economy is in danger” and a failure by Congress to agree to his $700 billion bailout package would lead to a “long and painful recession”.