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 (Reuters) - Citigroup forecast a synchronized global recession in 2009 and said developed economies may "flirt" with deflation while emerging market economies will slow sharply, adding that global corporate earnings were only a quarter of the way through an expected 50 percent drop.
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JERUSALEM (Reuters) - Several rockets fired from Lebanon struck northern Israel Thursday, slightly wounding two people, police and medics said, in attacks seen as linked to Israel's war on Hamas Islamists in the Gaza Strip.
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KIEV (Reuters) - Gas talks overnight between Ukraine's state energy firm Naftogaz and Russia's gas export monopoly, Gazprom, ended with no concrete results, the head of Naftogaz was quoted as saying on Thursday.
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HYDERABAD, India (Reuters) - India vowed to strengthen laws to prevent corporate fraud after Satyam Computer, the country's fourth-largest software company, shocked investors by revealing profits had been falsely inflated for years.
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LONDON/SINGAPORE (Reuters) - Bleak export data from Europe's biggest economy and a wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could be the worst in almost 60 years.
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(Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal said, citing people involved in the talks.
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NEW YORK (Reuters) - It took war, the worst financial crisis since the Great Depression and the collapse of some of New York's famed investment banks, but Manhattan apartment prices are finally falling.
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WASHINGTON (Reuters) - President-elect Barack Obama will call for quick action on a fiscal stimulus package in a speech on Thursday aimed at reassuring Americans that he is determined to stem the economic crisis.
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WASHINGTON (Reuters) - U.S. cities are vulnerable to an attack like the gun-and-grenade assault that terrorized Mumbai for three days and killed 179 people, the White House homeland security adviser said on Wednesday.
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Jan 7 - Joe the Plumber, who came to media attention during the 2008 presidential campaign, says he is set to be a war correspondent for conservative website Pajamas TV, covering the Gaza conflict.
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