United Kingdom | Wednesday, 3 December 2008

Mac Articles

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1. Montenegro recognises Kosovo
Serbia's neighbours Montenegro and Macedonia recognised Kosovo on Thursday in a blow to Belgrade's efforts to counter the secession of its former province.
10 Oct 2008
2. U.S. seizes Fannie and Freddie
The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac launching what could be its biggest bailout ever to support the U.S. housing market and ward off more global financial market turbulence.
08 Sep 2008
3. U.S. may take control of mortgage giants
The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history.
06 Sep 2008
4. EU struggles for unity on Russia
EU leaders meet in an extraordinary session on Monday to try to unite behind a strong response to Russia's actions in Georgia, but Moscow warned it would hit back at any threat to its interests at home or abroad.
01 Sep 2008
5. Fannie and Freddie shares dive on bailout fears
Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out shareholders but secure their massive debt.
21 Aug 2008
6. Fannie and Freddie face overseas confidence crisis
An extraordinary Treasury capital infusion may be needed to restore faltering foreign demand for debt issued by Fannie Mae and Freddie Mac, the two top home funding sources that the government is willing to rescue to save the housing market.
19 Aug 2008
7. Diplomacy steps in with Russian troops in Georgia
Russian troops remain deep inside Georgian territory on Friday, hours before U.S. Secretary of State Condoleezza Rice arrives to secure Tbilisi's signature to a peace deal with Moscow.
15 Aug 2008
8. U.S., Israel discuss diplomatic push on Iran
Israel voiced displeasure on Thursday at recent U.S. engagement with Iran and urged the Bush administration to stand firm on demanding Tehran abandon nuclear projects with bomb-making potential, an Israeli official said.
01 Aug 2008
9. FBI probing IndyMac for possible fraud
Failed bank IndyMac IDMC.PK is under investigation by the FBI for possible fraud involving its mortgage lending, unnamed law enforcement officials said on Wednesday.
17 Jul 2008
10. Dollar up as stocks dip on Fannie/Freddie plan
The U.S. dollar rose and government bonds slipped on Monday after Washington gave its backing to troubled mortgage firms Fannie Mae and Freddie Mac, but shares dropped on concern the global credit crisis is worse than previously thought.
14 Jul 2008
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