Bail out vital to easing crisis: related news

Bail-out 'vital to easing crisis'

Presidential candidates John McCain and Barack Obama are due to meet President George W Bush at the White House for emergency talks on the economy.

Australian Internet Filters Have No Real Opt-Out; Only Opt-In To Fewer Filters

We've covered the long history of Australian politicians looking to set up their own censored internet "to protect the children" (of course). The plans have changed over time, but the end goal has always been the same: to force ISPs to block a list of sites provided by the government. In the latest incarnation, the plan supposedly included an "opt-out" option, where a web surfer could specifically ask to opt-out of the filters (effectively asking someone to sign up for a "porn-surfing license"). That, on its own, might scare some people off, but now it turns out that the opt-out isn't really an opt-out. Instead, it's just opting you in to a somewhat less restrictive blacklist. Once again, this idea of mandatory filtering out of "bad" sites on the internet sets a dangerous precedent.

Govt 'will bail out battling SA banks'

Johannesburg — South African banks have been reassured that if they come under any pressure following the current world credit crisis, the government will bail them out, ANC treasurer-general Mathews Phosa said yesterday.

Germany adopts ,480bn bank bail-out

BERLIN - Germany's €480-billion bank bail-out flew through parliament in an historic fast-track vote today to restore shattered confidence in the crisis-ridden financial sector.

State bail-out looms for Italian banks

Italian banks will need a capital injection of more than €21bn ($26.1bn) to bring their financial strength into line with their European competitors in the wake of the global banking crisis, according to a report by Italian investment bank Banca Leonardo. Italy’s banks are becoming increasingly resigned to accepting a government bail-out package expected to be announced soon, after weeks of resisting any interference from the state. They have little exposure to “toxic� assets, but their capital ratios are low compared to banks in countries such as Germany and France, which have taken drastic steps to recapitalise their banking systems. The aid package could total an initial €15bn to €20bn, in the form of a mandatory convertible bond issue that banks could use to boost their core tier one capital ratios, a key measure of the so

Nanotechnology corporation said to be unscathed by crisis

The global financial crisis is unlikely to hinder the projects of the Russian Corporation of Nanotechnologies (RCNT) financially, the corporation's chief Anatoly Chubais told journalists in Moscow today. He pointed out that the funds allocated to the RCNT by the government had been efficiently placed even before the crisis broke out.

Nanotechnology corporation said to be unscathed by crisis

The global financial crisis is unlikely to hinder the projects of the Russian Corporation of Nanotechnologies (RCNT) financially, the corporation's chief Anatoly Chubais told journalists in Moscow today. He pointed out that the funds allocated to the RCNT by the government had been efficiently placed even before the crisis broke out.

Time Crisis: Crisis Zone Hints (PS2)

Time Crisis: Crisis Zone is a video game developed by Namco Limited and published by Namco Limited. The game was created exclusively for the PlayStation 2 console from Sony although ports were planned, but never implemented. The game was launched in September 2004. The title is classed as a shooter action game and it is played from a first person perspective. The game is based on a popular arcade title which saw several iterations in arcade cabinets all over the world.

Banks bail-out deal in the balance

The success of Gordon Brown's bail-out of Britain's financial system remains in the balance amid uncertainty over key elements of the £37 billion injection of cash into three troubled banks.

Latvian government to bail out leading bank

Latvian government to bail out leading bankRiga - Latvia's largest indigenous bank, Parex Banka, confirmed that it was seeking government help in what amounts to a partial nationalization in a surprise move on Sunday morning.

City revolt over bail-out as bank shares continue to tumble... leaving the Government with a £2.8bn paper loss

City revolt over bail-out as bank shares continue to tumble... leaving taxpayers with a £2.8bn paper loss ALREADY

Paulson says US bail-out working

The $700bn (£494bn) US bail-out package has already "clearly helped stabilise" the financial system, US Treasury Secretary Henry Paulson has said.

RBS bail-out plan is approved

Shareholders in Royal Bank of Scotland approved a £20 billion bail-out plan which could put nearly 60% of the company in public hands.

Wall Street bail-out goes to vote

The lower house of the US Congress has begun voting on a $700bn (£380bn) plan to bail out Wall Street.

No banks bail-out fund for Europe

Europe's biggest economies have agreed to work together to support financial institutions - but without forming a joint bail-out fund.

US rivals back bail-out package

US politicians have agreed the details of a $700bn Wall Street bail-out package to be sent to Congress for approval, a Republican negotiator says.

Bush warning over bail-out delay

US President George Bush has warned politicians of 'painful' consequences after his bail-out plan was defeated.

How Paulson forced bail-out on the banks

There's some fascinating detail in today's Wall Street Journal on how US Treasury Secretary Hank Paulson strong-armed America's big banks into signing up for the bail-out plan.

White House defends bank bail-out

The White House, under fire from Democrats and Republicans alike, has defended giving billions of bail-out dollars to banks that plan to reward shareholders and executives or even buy other banks.

Carmakers eying German banking bail-out

Carmakers struggling to fund lease purchase sales may turn to a German government fund originally devised to bail out banks, according to a news report.

Carmakers eying German banking bail-out

Carmakers struggling to fund lease purchase sales may turn to a German government fund originally devised to bail out banks, according to a news report.

RBS shareholders approve £20bn bail-out plan

Shareholders in Royal Bank of Scotland today approved a £20bn (€23.5bn) bail-out plan which could put nearly 60% of the company in public hands.

RBS shareholders approve 20bn government bail-out

Royal Bank of Scotland shareholders approved a £20 billion bail-out plan today which could put nearly 60% of the company in public hands.

RBS shareholders vote on bail-out

Shareholders in Royal Bank of Scotland are to vote on a £20 billion bail-out plan which could put nearly 60% of the company in public hands.

Government poised for biggest-ever banks bail-out

The banks and the Treasury are working on a £50 billion bail-out, which will be announced before the markets open to avoid another stock market slump.

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