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Gaza's economy in tatters, can it be rebuilt? - PR Inside
BEIT HANOUN, Gaza Strip (AP) - Not long ago, Yaser Alwadeya&os;s factory was the largest food maker in the Gaza Strip, producing cookies, ice cream and other treats for residents of the blockaded territory. Today, the sprawling complex lies in ruins ...
Feed Digest

Gaza's economy in tatters, can it be rebuilt? - Forbes
Not long ago, Yaser Alwadeya&os;s factory was the largest food maker in the Gaza Strip, producing cookies, ice cream and other treats for residents of the blockaded territory. Today, the sprawling complex lies in ruins. The heavy damage is testament to ...
Feed Digest

Overview: Bank fillip fails to mask signs of deterioration
Efforts to stimulate the economy and stabilise banks are undermined by fresh signs the global slowdown is worsening
Financial Times

U.S. economic contraction deepest since 1982
The U.S. economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into a recession that the White House said demanded urgent action.
tiscali.co.uk

Pfizer stops late-stage study of pancreatric cancer drug
SAN FRANCISCO (MarketWatch) -- Pfizer Inc. said late Friday it discontinued a Phase III clinical trial for an experimental pancreatric cancer drug because it was not showing an improvement over a standard treatment. The drug giant said an early analysis of data showed the use of axitinib with the chemotherapy gemcitabine did not improve the survival of advanced pancreatic cancer patients compared with the use of gemcitabine alone. Pfizer told all clinical investigators to stop using the drug and to determine the best course of treatment for their patients.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

U.S. economy posts fastest decline in 26 years
The U.S. economy shrank at its fastest pace in 26 years from October through December, the government reported on Friday, in the broadest accounting yet of the toll of the credit crisis.
International Herald Tribune

2009`s the year of the Aussie bargain
Economies in meldown But shoppers will benefit Great property, car and share bargains
News

Japan`s outlook dims further as NEC cuts jobs
The plight of Japan's recession-struck economy deepened Friday as NEC Corp.announced 20,000 job cuts, a slew of Japanese companies delivered a new round of profit warnings, and data showed industrial output plunged last month.
International Herald Tribune

Christian Johansson vows to guide Maryland`s business community through recession
With the national economy in a prolonged recession, and Maryland's unemployment rate inching toward 6 percent, Christian Johansson knows there is plenty of work ahead for Maryland's employers and the state's financial health.
Bizjournals.com

Economy, bank woes drag market to worst January ever
NEW YORK (Reuters) - Stocks closed out their worst January ever with another slide on Friday after data showed the economy contracted at the fastest pace in nearly 27 years in the fourth quarter.
Reuters

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