

Today on Reuters (1/5)
Gloom deepens in Asia
Once thought to be unharmed by the global credit crisis, Japanese banks are now scrambling to raise cash as recession saps their capital. Full Article | Video
Modern day pirates
Karim Kudrati manages four ships plying arguably the most dangerous route in the world: Kenya to Somalia. All four have been hijacked in the last few years. Full Article | Video
Depending on Bill
If Hillary Clinton is to be picked by Barack Obama as his secretary of state, it may well depend on a review of the business activities of Bill Clinton. Full Article | Full Coverage
Conflict over TARP
The Treasury Secretary and members of Congress locked horns, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies. Full Article | Full Coverage
Shattered nest eggs
Americans who were banking on soaring home and stock prices to finance their retirement will have to go back to saving the old-fashioned way, ushering in a new era of frugality that may last for years. Full Article
Wary of M&A
AstraZeneca prefers drug licensing deals to outright acquisitions of biotech firms, despite a clutch of cut-price assets being offered for sale at present, its chief executive says. Full Article


The Great Debate (1/4)
Green New Deal unlikely
A growing chorus is calling for massive public investment in green energy to revive economic growth while fighting climate change. But it may not happen fast enough, writes Paul Taylor. Commentary
Recovery?
Cutting interest rates will be pretty ineffective with this recession, and while you can throw everything you have at saving the banking system, you can't make people and businesses borrow money and put it to work, writes James Saft. Commentary
Lack of resolve
The G20 summit must be considered a disappointing failure, even by the relatively low expectations set for the event, writes John Kemp. Leaders produced a long agenda of further studies, but failed to tackle even the most fundamental decisions. Commentary
Easing begins
Quietly, without fanfare, the Federal Reserve is flooding the market with enough excess liquidity to refloat the banking system in hopes of preventing the economy from falling into a prolonged slump, writes columnist John Kemp. Commentary
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Crisis in Credit
Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map. Full Coverage
Front Row Washington
Track what's going on behind the scenes on Capitol Hill with The First Draft, a daily look at the day's highlights. Blog
Consumer Credit
The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look. Full Coverage
Off the launch pad
Striking images from the Kennedy Space Center's 2008 launches.Big Three autos plead for help
Nov 18 - GM, Ford and Chrysler were on the hot seat on Capitol Hill as they pleaded with lawmakers to pass a $25 billion rescue package. Play Video









