Regulators: S. Conn. Gas made excessive profits (AP) and Ukraine seeks IMF assistance amid economic crisis (AP)

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City of Industry, CA --(www.USEquityNews.com)-- 10/16/2008 - Banking industry alert provided by U.S. Equity News. HARTFORD, Conn. (AP) -- State regulators plan to order Southern Connecticut Gas Corp. [Read the full article]


KIEV, Ukraine (AP) -- Worried Ukrainians pulled money from banks Wednesday as the government headed into talks with an International Monetary Fund delegation about getting help with the country's financial troubles.The government, which must also deal with a political crisis, is struggling to support the hryvna currency in the face of the global credit crisis, as investor money flees emerging markets and orders fall for the country's chief export commodity, steel.Bank analysts say the country should weather the crisis, but some Ukrainians were not waiting to see how it turns out and rushed to [Read the full article]

The reset button has been pushed on the global financial system - and that changes everything for the next president.The expected results: a sharp slowdown in worldwide economic growth in 2009 and a lot of frustrated investors and workers.
Indeed, some economic experts, like Desmond Lachman, a resident scholar at the American Enterprise Institute, equate the challenges facing the next president to those encountered by Franklin D. Roosevelt when he took office in 1933.But you wouldn't have guessed that listening to many of the candidates' responses at last week's debate in Nashville. [Read the full article]

CHICAGO (AP) -- A judge on Wednesday renewed an order banning Illinois officials from making payments under Gov. Rod Blagojevich's expanded health care program, and said it's time for the state to explain how it will comply.
"Now it's time in my view to get on with complying with the order," Cook County Circuit Judge James R. [Read the full article]

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