Articles Written by:    ANDRE DAMON     

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US recession fears provoke continued market turmoil

Wall Street’s roller coaster ride followed the rebounding of Asian stock markets and a sharp fall on European markets, as fears of a US recession continued to dominate the affairs of global capitalism. Much of the American markets’ rally was ...

From ANDRE DAMON, UK Indymedia Newswire,  24 Jan 2008
Related Topics: Federal Reserve,  Jean-Claude Trichet,  MBIA, Inc.,  Mervyn Allister King,  George Soros

US cuts interest rates amid fears of global financial collapse

The clear aim was to dissuade investors from a panicked run on US equities similar to those seen in Asia and Europe while Wall Street had remained closed. The Federal Reserve tried to assuage the markets by providing a larger than expected cut—.75 ...

From ANDRE DAMON, UK Indymedia Newswire,  23 Jan 2008
Related Topics: Federal Reserve,  European Union,  NASDAQ,  Chris Brown,  Jim Reid

Threat of US recession panics global stock markets

India was the hardest-hit, as the Bombay Stock Exchange Sensitive Index fell by a record 7.4 percent, despite the Indian stock market's having fared relatively well over the course of the past two weeks. Some analysts had begun to conclude that India ...

From ANDRE DAMON, Portland Indymedia,  22 Jan 2008
Related Topics: Federal Reserve,  George W. Bush

US Congress moves to sanction domestic spying

On July 26, the Senate Judiciary Committee held hearings to discuss a bill introduced by Republican Senator Arlen Specter, the chairman of the committee, which would ostensibly provide judicial oversight of the Bush administration's domestic ...

From ANDRE DAMON, Portland Indymedia,  10 Aug 2006
Related Topics: George W. Bush,  Arlen Specter,  National Security Agency,  White House,  Senate Judiciary Committee

Amnesty International reports 152 taser-related deaths in the US

The use of taser weapons by US police has been linked to 152 deaths since 2001, according to a report published Tuesday by Amnesty International. The report found that most fatal taser electrocutions involved unarmed subjects who posed no serious ...

From ANDRE DAMON, Portland Indymedia,  1 Apr 2006

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