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Left to right: U.S. Secretary of State Condoleezza Rice, Germany's Finance Minster Peer Steinbrueck, Britain's Chancellor of the Exchequer Alister Darling, World Bank President Robert Zoellick and Canada's Finance Minister Jim Flaherty arrive for a statement by U.S. President George W. Bush after a meeting with G7 finance ministers and heads of international finance institutions at the White House in Washington, Saturday.

Financial leaders pledge to do more

Member countries of G7, G20 and IMF all say Saturday they will work together to overcome financial turmoil


Flaherty vows to speed up infrastructure projects

Move will have ‘beneficial effect' on economy, says Finance Minister, who is in Washington to meet with his international counterparts


Some countries ‘going overboard': Harper

Deposit guarantees are becoming backdoor subsidies for financial institutions, Conservative Leader says


ANALYSIS

Auto merger has many pitfalls, few advantages

Possible Chrysler-GM deal could cut costs for ailing auto makers, but unlikely to solve bigger market issues


Cover Story

The Depression's history lessons

It's far too early to know the impact of the past month's remarkable stock market plunge – but not too early to learn from the mistakes, and masterstrokes, that followed the greatest crash of all


Experts' guidelines to surviving the freefall

‘I can tell you a lot of our clients are spooked, they're absolutely petrified,' says one adviser

The week

Richard Fuld

The top business news, in photos and stories Popup

Ottawa moves to spur bank lending. Washington finds its scapegoat. And, why it's 'Armageddon' in the oil patch


Taking Stock

Until fear leaves market, loonie is in for bumpy ride

Brian Milner

Strong Canadian fundamentals essentially irrelevant in current debacle


Investor's Diary

Preferred shares merit look from common investor

Noreen Rasbach

With a taxable account, the dividend tax credit creates a tax advantage


Photo Gallery

March on Ottawa

Never again? Popup

Images from the Great Depression


Streetwise

Streetwise Blog

EnCana revisiting bust-up plans

Plus: Banks' rate rebellion doesn't add up


Behind the meltdown

Locked gate

Who owns CMHC and can it go under?

What is Tier 1 capital? What is the TED spread?

 

Canadian Business 

Bell, Telus team on new wireless network

It's all about speed, as the telephone firms move to ‘next generation' standard

Trade surplus grows to $5.8-billion in August

Exports slip, imports tumble

Credit watch hits GM, Ford

Rating agency S&P raises questions about their ability to survive crisis; vehicle sales estimates slashed


Energy & Resources 

Oil plunges to 13-month low

Global slowdown fears rattle market as IEA cuts demand forecast

Gold hits 2-1/2 month high

Investors seek safer assets amid global market rout

Industrial metals caught in massive selloff

‘People are selling at any number just to get out, and doing something just to get cash,' metals trader says


International Business 

GM, Chrysler exploring merger: reports

New York Times and Wall Street Journal report auto makers have been in talks; companies won't officially confirm or deny discussions

Media stocks fall on Viacom warning

Analyst forecasts fourth-quarter weakness for smaller movie titles and TV DVD sales

U.S. policy makers weighing more steps to bolster banks

Unlimited guarantee on bank deposits or outright investment among the options considered

Global meltdown will sap U.S. appetite for risk: IMF

“In the United States, a new generation of households, businesses and banks will now have fresh and vivid memories of a financial crisis,” says Dominique Strauss-Kahn

Ford appoints new chief financial officer

Current CFO Leclair to retire effective Nov. 1; newcomer in post is head of European operations

Walgreen CEO leaves abruptly

Veteran of 26 years retires just two days after the company withdraws its bid for rival Longs

Morgan Stanley shares sink on worries about future

Moody's says it may cut Morgan's long-term debt ratings

Greenspan sees U.S. housing recovery in 2009

After that, markets will be able to tackle core issues of credit crisis, former Fed chief says

GM says bankruptcy not an option

After shares plunge to 58-year low, carmaker says it is not considering bankruptcy

What next for Iceland?

Options faced by the troubled nation


Investing 

Airline stocks jump on fall in oil price

Share defy market trend and climb a little higher

What would it take to halt U.S. stock trading?

A drop of at least 1,100 points before 2:30 p.m. would trigger the circuit breaker

GI Magazine: One Good Idea: Buy EnCana shares

Stock puts long-term capital growth, enduring revenue stream in your pocket

Short-selling ban lifted

And investor Eric Sprott says the move made no difference at all

A handful of stocks to put Mrs. Harper at ease

Five bargains for the PM's mom to consider


Technology 

Analysts cut price targets on ATT, Verizon, Sprint

High borrowing costs, weak macroeconomic outlook cited as causes for concern

How a Canadian cracked the Great Firewall of China

Forgotten password, creative hacking lead Toronto-based researcher to stumble onto surveillance network tracking Chinese dissidents

To the rescue: Gamers look to buck slowdown

Poised to cash in as consumers look for ways to get biggest bang for their entertainment buck in a deteriorating economy


Managing 

The path to decisiveness is rife with barriers

Plus: Don't take refuge in rejection

Weekend Workout: Managing perks for the branches

How to avoid making people feel like second-class citizens, just because they aren't at head office