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Sarkozy Calls for Revamping of Capitalist System

BRUSSELS, Oct. 16 -- European leaders on Thursday urged that a pending international summit carry out an urgent overhaul of the world's financial architecture and impose new controls on freewheeling bankers and traders. U.S. officials pledged that all good ideas would get an airing but hinted of...

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-16-2008
G-8 Nations Plan Summit On Global Financial Rules

BRUSSELS, Oct. 15 -- The Group of Eight major industrialized nations announced Wednesday that they will convene a summit to plan changes in the regulation and structure of the world financial industry in hopes of heading off future economic turmoil.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-15-2008
Financial Crisis Tests Limits of Unity Within the E.U.

PARIS, Oct. 9 -- Three weeks ago, as the Bush administration struggled to salvage collapsing U.S. investment banks, European leaders calmly reassured their people. Banks on this side of the Atlantic are more wisely regulated, they said, and unlikely to succumb to the chaos on Wall Street.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-09-2008
Bush Enacts Historic Financial Rescue

With evidence mounting that the nation faces a sharp economic downturn, Congress yesterday gave final approval to what may be the biggest government bailout in American history, authorizing the Bush administration to spend $700 billion to try to thaw frozen credit markets and prevent a deep...

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-03-2008
European Leaders Split on Rescue Strategy

PARIS, Oct. 2 -- European governments struggled Thursday to find a joint strategy to contain a growing banking crisis before it collapses additional shaky institutions and inflicts further damage on credit-starved European economies.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-02-2008
Global Bankers Anxiously Watch U.S.

BERLIN, Sept. 30 -- Central bankers and elected leaders around the world acknowledged Tuesday that they lacked a comprehensive strategy to protect their countries from the global financial crisis and were as dependent as ever on Washington to come up with a solution.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-30-2008
Bush's Shifting Ideology

President Bush's decision to shore up the financial markets with massive government intervention is the latest sign of a broad ideological transformation of his presidency.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-19-2008
U.S. Joins G-8 Plan To Halve Emissions

RUSUTSU, Japan, July 9 -- The United States for the first time joined the major industrialized countries Tuesday in committing to try to halve greenhouse-gas emissions by 2050. President Bush immediately began promoting the plan with skeptical developing country leaders who would be crucial to its.....

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 07-08-2008
Take Two on Time Off

This year marks the 15th anniversary of the landmark Family and Medical Leave Act, which made it possible for many workers to take unpaid job-protected time off to care for their newborn children or sick relatives. But instead of celebrating, workers' rights advocates and the Bush administration...

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 04-23-2008
Hillary Clinton and the Action Bias

On Oct. 10, 2002, Hillary Rodham Clinton stood in the Senate to explain why she was authorizing President Bush to use force against Iraq: "In balancing the risks of action versus inaction, I think New Yorkers who have gone through the fires of hell may be more attuned to the risk of not acting....

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 03-30-2008

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