Financial Crisis on Yahoo! News Photos

A sign for Wall Street is seen before the opening bell October ...

(AFP/File) — Fri, 20 Nov 2009 18:48:08 GMT

(AFP/File) - A sign for Wall Street is seen before the opening bell October 2009. Ohio filed a suit Friday against global rating agencies, claiming they provided misleading information ahead of the financial crisis that caused nearly 500 million dollars in losses for state funds.(AFP/File/Timothy A. Clary)

Participants are seen under the World Economic Forum logo in ...

(AFP/File) — Fri, 20 Nov 2009 18:12:43 GMT

(AFP/File) - Participants are seen under the World Economic Forum logo in Davos in January 2009. The impact of the global financial crisis is still in its "first half," but there is only a brief opportunity to bring tough reforms, the World Economic Forum warned on Friday.(AFP/File/Fabrice Coffrini)

A Sri Lankan vegetable vendor counts money in Colombo on January ...

(AFP/File) — Fri, 20 Nov 2009 17:05:59 GMT

(AFP/File) - A Sri Lankan vegetable vendor counts money in Colombo on January 2009. The International Monetary Fund said Friday Sri Lanka's foreign reserves have reached "comfortable levels," helped by a bailout package, but economic growth was still below potential.(AFP/File/Lakruwan Wanniarachchi)

Rolls-Royce Cars Asia-Pacific director Colin Kelly in New Delhi. ...

(AFP) — Fri, 20 Nov 2009 16:13:10 GMT

(AFP) - Rolls-Royce Cars Asia-Pacific director Colin Kelly in New Delhi. Rolls-Royce says the market for its ultra-luxury cars is picking up dramatically across Asia as the effects of the global financial crisis recede.(AFP/Raveendran)

Croatia's President Stjepan Mesic (L) and Montenegrin counterpart ...

(Reuters) — Fri, 20 Nov 2009 15:31:04 GMT

(Reuters) - Croatia's President Stjepan Mesic (L) and Montenegrin counterpart Filip Vujanovic (R) listen to the opening speech at the Regional Economic Forum for Southeast Europe, in the Bosnian capital Sarajevo on November 20, 2009. Delegation and Presidents from Southeast Europe countries gathered at the forum in Sarajevo to discuss on how to cope with economic crisis and cooperation between states. REUTERS/Danilo Krstanovic (BOSNIA AND HERZEGOVINA POLITICS BUSINESS)

Participants of the Regional Economic Forum for Southeast Europe ...

(Reuters) — Fri, 20 Nov 2009 15:31:03 GMT

(Reuters) - Participants of the Regional Economic Forum for Southeast Europe pose in a family photo in Sarajevo on November 20, 2009: (From L-R) Bosnian economics professor Zlatko Lagumdzija, Macedonia's President Branko Crvenkovski, Bulgaria's Vice-President Angel Marin, Albania's President Bamir Topi, Bosnian organiser Marin Ivanisevic, Bosnia's Presidency Chairman Zeljko Komsic, Croatian President Stjepan Mesic and Montenegro President Filip Vujanovic. The heads of Balkan states gathered to discuss the impact of the global economic crisis on the region. REUTERS/Danilo Krstanovic (BOSNIA AND HERZEGOVINA POLITICS BUSINESS)

Bosnia's Presidency Chairman Zeljko Komsic (L) delivers ...

(Reuters) — Fri, 20 Nov 2009 15:25:07 GMT

(Reuters) - Bosnia's Presidency Chairman Zeljko Komsic (L) delivers his welcome speech at the opening of the Regional Economic Forum for Southeast Europe in Bosnian capital of Sarajevo, November 20, 2009. Bosnia hosted the Forum, attended by heads of Albania, Bulgaria, Montenegro, Macedonia and Croatia discussing the impact of the global economic crisis on the region. REUTERS/Danilo Krstanovic (BOSNIA AND HERZEGOVINA POLITICS BUSINESS)

FILE - In this June 4, 2009 file photo, the President of the ...

(AP) — Fri, 20 Nov 2009 13:40:17 GMT

(AP) - FILE - In this June 4, 2009 file photo, the President of the European Central Bank (ECB) Jean-Claude Trichet is seen during a news conference in Frankfurt, central Germany. Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank President Jean-Claude Trichet said Friday, Nov. 20, 2009.(AP Photo/Michael Probst, file)

Axel Weber, President of German Bundesbank, poses for the media ...

(Reuters) — Fri, 20 Nov 2009 13:00:07 GMT

(Reuters) - Axel Weber, President of German Bundesbank, poses for the media before the annual news conference in Frankfurt March 10, 2009. Bankers and regulators should learn the lessons of the global financial crisis and drive through changes to prevent future breakdowns, financiers, including Weber, said on Friday. REUTERS/Johannes Eisele

A child plays with a balloon near Chinese models taking part ...

(AP) — Fri, 20 Nov 2009 12:04:00 GMT

(AP) - A child plays with a balloon near Chinese models taking part in a competition for the top auto show model contest at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

Chinese models prepare to take part in a competition for the ...

(AP) — Fri, 20 Nov 2009 12:02:22 GMT

(AP) - Chinese models prepare to take part in a competition for the top auto show model at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

Chinese models prepare to take part in a competition for the ...

(AP) — Fri, 20 Nov 2009 11:56:47 GMT

A receptionist reacts as she chats with her colleague at the ...

(AP) — Fri, 20 Nov 2009 11:55:47 GMT

(AP) - A receptionist reacts as she chats with her colleague at the Chevrolet booth at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

A model pose next to a Suzuki on display at an auto show in ...

(AP) — Fri, 20 Nov 2009 11:51:23 GMT

(AP) - A model pose next to a Suzuki on display at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

Mannequins used as a publicity gimmick are seen at an auto show ...

(AP) — Fri, 20 Nov 2009 11:50:32 GMT

(AP) - Mannequins used as a publicity gimmick are seen at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

A visitor wearing a mask visits an auto show in Beijing Friday, ...

(AP) — Fri, 20 Nov 2009 11:49:51 GMT

(AP) - A visitor wearing a mask visits an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

A model pose next to a Chevrolet Camaro on display at an auto ...

(AP) — Fri, 20 Nov 2009 11:48:23 GMT

(AP) - A model pose next to a Chevrolet Camaro on display at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

Chinese female car models tease a mascot for a website about ...

(AP) — Fri, 20 Nov 2009 11:40:01 GMT

(AP) - Chinese female car models tease a mascot for a website about cars at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

A mascot for a website about cars is seen at an auto show in ...

(AP) — Fri, 20 Nov 2009 11:39:21 GMT

(AP) - A mascot for a website about cars is seen at an auto show in Beijing Friday, Nov. 20, 2009. China is one of the few auto market still enjoying robust growth despite the global financial crisis. (AP Photo/Ng Han Guan)

Russian Prime Minister Vladimir Putin looks at former German ...

(AFP/File) — Fri, 20 Nov 2009 11:13:09 GMT

(AFP/File) - Russian Prime Minister Vladimir Putin looks at former German Chancellor Gerhard Schroeder during an investment forum in Moscow in September. Foreign direct investment (FDI) in Russia almost halved in the first nine months of the year, the statistics office says as the economic crisis reduced the country's appeal for investors.(AFP/File/Natalia Kolesnikova)

An oil on canvas by surrealist painter Roberto Matta known as ...

(Reuters) — Thu, 19 Nov 2009 20:34:26 GMT

(Reuters) - An oil on canvas by surrealist painter Roberto Matta known as 'Endless Nudes' is seen here in this undated handout from Sotheby's auction house in New York. Sotheby's Latin American art auction raked in $14.76 million, topping its own high estimate in its strongest sale of the region's art since the onset of the global financial crisis in mid-2008. To match Reuters Life! ART-AUCTION/LATINAMERICA REUTERS/Sotheby's/Handout (UNITED STATES SOCIETY BUSINESS) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS

The FTSE 100 slipped on Thursday amid renewed concern about ...

(AFP/File) — Thu, 19 Nov 2009 17:54:44 GMT

(AFP/File) - The FTSE 100 slipped on Thursday amid renewed concern about the strength of recovery from the worst global economic crisis in decades after some mixed data and forecasts.(AFP/File/Shaun Curry)

Foreign currency dealers work in front of a screen displaying ...

(Reuters) — Thu, 19 Nov 2009 07:32:11 GMT

(Reuters) - Foreign currency dealers work in front of a screen displaying the exchange rate between the U.S. dollar and the South Korean won at a bank in Seoul November 19, 2009. South Korea announced measures on Thursday aimed at tightening control over foreign exchange liquidity to make the banking system less vulnerable to the capital flight seen during the financial crisis. REUTERS/Choi Bu-Seok (SOUTH KOREA BUSINESS)

A bank employee poses holding U.S. one hundred dollar notes ...

(Reuters) — Thu, 19 Nov 2009 07:29:54 GMT

(Reuters) - A bank employee poses holding U.S. one hundred dollar notes during a photo opportunity at a bank in Seoul November 19, 2009. South Korea announced measures on Thursday aimed at tightening control over foreign exchange liquidity to make the banking system less vulnerable to the capital flight seen during the financial crisis. REUTERS/Choi Bu-Seok (SOUTH KOREA BUSINESS)

Technicians repair power lines in Nuaille-d'Aunis, western ...

(AFP/File) — Wed, 18 Nov 2009 18:33:18 GMT

(AFP/File) - Technicians repair power lines in Nuaille-d'Aunis, western France, in February 2009. The economic crisis is jeopardising key energy industry investments that are needed to cope with future growth in demand and shifts to cleaner energy, executives and officials warned on Wednesday.(AFP/File/Xavier Leoty)

An Aqwise employee points at "biomass carriers" floating ...

(Reuters) — Wed, 18 Nov 2009 18:05:41 GMT

(Reuters) - An Aqwise employee points at "biomass carriers" floating in a water tank at a government sponsored water technology conference in Tel Aviv November 18, 2009. Israel's water technology sector has prospered despite the global financial crisis, largely due to global stimulus packages and penetration in developing countries, officials said on Wednesday. Water recycling company Aqwise, whose system breeds bacteria to break down organic waste, saw its sales increase 50 percent in 2009, said Chief Executive Officer Elad Frenkel, capping five years of growth that put it at the top of the list. REUTERS/Gil Cohen Magen (ISRAEL SCI TECH ENVIRONMENT)

A visitor looks at a display at a government sponsored water ...

(Reuters) — Wed, 18 Nov 2009 18:02:28 GMT

(Reuters) - A visitor looks at a display at a government sponsored water technology conference in Tel Aviv November 18, 2009. Israel's water technology sector has prospered despite the global financial crisis, largely due to global stimulus packages and penetration in developing countries, officials said on Wednesday. REUTERS/Gil Cohen Magen (ISRAEL SCI TECH ENVIRONMENT)

Visitors look at a display at a government sponsored water technology ...

(Reuters) — Wed, 18 Nov 2009 18:01:14 GMT

(Reuters) - Visitors look at a display at a government sponsored water technology conference in Tel Aviv November 18, 2009. Israel's water technology sector has prospered despite the global financial crisis, largely due to global stimulus packages and penetration in developing countries, officials said on Wednesday. REUTERS/Gil Cohen Magen (ISRAEL SCI TECH ENVIRONMENT)

The global economic crisis is a wake-up call for China and Asia's ...

(AFP/POOL/File) — Wed, 18 Nov 2009 17:15:36 GMT

(AFP/POOL/File) - The global economic crisis is a wake-up call for China and Asia's export-led economies to speed up efforts to boost domestic spending and rely less on the US consumer, Stephen Roach, chairman of Morgan Stanley Asia, pictured in 2002, told a media briefing.(AFP/POOL/File/Rick Maiman)

A construction worker uses a nail gun while building a new single ...

(AFP/File) — Wed, 18 Nov 2009 16:40:09 GMT

(AFP/File) - A construction worker uses a nail gun while building a new single family home in the community of New Bristow Village, in Bristow, Virginia, August 2009. US housing starts unexpectedly slumped in October as the economy struggles to emerge from a recession sparked off by a home mortgage meltdown, government data showed Wednesday.(AFP/File/Paul J. Richards)

A man pictured using cash machine run by OTP bank, the biggest ...

(AFP/File) — Wed, 18 Nov 2009 15:20:07 GMT

(AFP/File) - A man pictured using cash machine run by OTP bank, the biggest commercial bank in Hungary, Budapest, in 2004. The effects of the global economic crisis will be felt in Eastern Europe more than the rest of the world in the next few years, the EBRD's chief economist said in an interview published on Wednesday.(AFP/File/Attila Kisbenedek)

Japan's biggest bank Mitsubishi UFJ Financial announced ...

(AFP/File) — Wed, 18 Nov 2009 11:01:18 GMT

(AFP/File) - Japan's biggest bank Mitsubishi UFJ Financial announced plans Wednesday to raise billion of dollars from investors, joining a scramble by firms to boost finances ravaged the global financial crisis.(AFP/File/Toru Yamanaka)

US authorities announced the creation of a new interagency task ...

(AFP/File) — Wed, 18 Nov 2009 00:18:50 GMT

(AFP/File) - US authorities announced the creation of a new interagency task force to crack down on financial fraud. "This task force's mission is not just to hold accountable those who helped bring about the last financial meltdown, but to prevent another meltdown from happening," Attorney General Eric Holder, pictured on November 13, said in announcing the effort.(AFP/File/Nicholas Kamm)

U.S. Attorney General Eric Holder speaks during a news conference ...

(Reuters) — Tue, 17 Nov 2009 18:47:52 GMT

(Reuters) - U.S. Attorney General Eric Holder speaks during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Attorney General Eric Holder speaks during a news conference ...

(Reuters) — Tue, 17 Nov 2009 18:43:37 GMT

(Reuters) - U.S. Attorney General Eric Holder speaks during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. At rear is U.S. Treasury Secretary Tim Geithner. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

Director of SEC Enforcement Division Rob Khuzami speaks during ...

(Reuters) — Tue, 17 Nov 2009 18:41:24 GMT

(Reuters) - Director of SEC Enforcement Division Rob Khuzami speaks during a news conference at the Justice Department in Washington held to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. HUD Secretary Shaun Donovan speaks during a news conference ...

(Reuters) — Tue, 17 Nov 2009 18:38:05 GMT

(Reuters) - U.S. HUD Secretary Shaun Donovan speaks during a news conference at the Justice Department in Washington, held to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Attorney General Eric Holder (2nd L) speaks during a news ...

(Reuters) — Tue, 17 Nov 2009 18:36:59 GMT

(Reuters) - U.S. Attorney General Eric Holder (2nd L) speaks during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud November 17, 2009. Holder is accompanied by (from left) HUD Secretary Shaun Donovan, Treasury Secretary Tim Geithner and Director of SEC Enforcement Division Rob Khuzami. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Treasury Secretary Tim Geithner speaks during a press conference ...

(Reuters) — Tue, 17 Nov 2009 18:35:47 GMT

(Reuters) - U.S. Treasury Secretary Tim Geithner speaks during a press conference at the Justice Department in Washington held to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Attorney General Eric Holder (L) speaks to reporters as ...

(Reuters) — Tue, 17 Nov 2009 18:35:43 GMT

(Reuters) - U.S. Attorney General Eric Holder (L) speaks to reporters as Treasury Secretary Tim Geithner (C) and Director of SEC Enforcement Division Rob Khuzami have a word amongst themselves during a news conference at the Justice Department in Washington, to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis and to try to deter future fraud, November 17, 2009. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Attorney General Eric Holder speaks during a news conference ...

(Reuters) — Tue, 17 Nov 2009 18:35:39 GMT

(Reuters) - U.S. Attorney General Eric Holder speaks during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis, and to try to deter future fraud November 17, 2009. Flanking Holder are HUD Secretary Shaun Donovan (L) and Treasury Secretary Tim Geithner. REUTERS/Kevin Lamarque (UNITED STATES CRIME LAW POLITICS BUSINESS IMAGES OF THE DAY)

U.S. Attorney General Eric Holder (L) and Treasury Secretary ...

(Reuters) — Tue, 17 Nov 2009 18:32:18 GMT

(Reuters) - U.S. Attorney General Eric Holder (L) and Treasury Secretary Tim Geithner talk during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis, and to try to deter future fraud November 17, 2009. Speaking at the podium speaking is the Director of SEC Enforcement Division Rob Khuzami. HUD Secretary Shaun Donovan stands by his side. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

U.S. Attorney General Eric Holder (2nd L) speaks during a news ...

(Reuters) — Tue, 17 Nov 2009 18:22:20 GMT

(Reuters) - U.S. Attorney General Eric Holder (2nd L) speaks during a news conference at the Justice Department in Washington to announce the establishment of a task force to investigate and prosecute financial crimes connected to the past year's financial crisis, and to try to deter future fraud November 17, 2009. Holder is accompanied by (from left): HUD Secretary Shaun Donovan, Treasury Secretary Tim Geithner and Director of SEC Enforcement Division Rob Khuzami. REUTERS/Kevin Lamarque (UNITED STATES BUSINESS POLITICS CRIME LAW)

Swiss National Bank Governor Jean-Pierre Roth pictured in Bern ...

(AFP/File) — Tue, 17 Nov 2009 17:01:17 GMT

(AFP/File) - Swiss National Bank Governor Jean-Pierre Roth pictured in Bern in 2006. Roth warned Tuesday that "old reflexes" were returning to the financial world despite pledges for a turnaround from the risky behaviour that precipitated the recent crisis.(AFP/File/Fabrice Coffrini)

Peter Sands, head of Standard Chartered bank, seen here, has ...

(AFP/Getty Images/File) — Tue, 17 Nov 2009 11:23:56 GMT

(AFP/Getty Images/File) - Peter Sands, head of Standard Chartered bank, seen here, has attacked plans for tougher global regulation following the financial crisis, warning costs would be passed on to customers.(AFP/Getty Images/File/Mario Tama)

FILE - In this Sept. 17, 2008 file photo, the AIG logo is shown ...

(AP) — Tue, 17 Nov 2009 04:34:26 GMT

(AP) - FILE - In this Sept. 17, 2008 file photo, the AIG logo is shown in New York. Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, according to a report by Neil Barofsky, the Special Inspector General for the $700 billion financial bailout Congress approved last October. (AP Photo/Mark Lennihan, file)

Federal Reserve Board Vice Chairman Donald Kohn discusses "Monetary ...

(Reuters) — Tue, 17 Nov 2009 00:22:30 GMT

(Reuters) - Federal Reserve Board Vice Chairman Donald Kohn discusses "Monetary Policy Research and the Financial Crisis: Strengths and Shortcomings" during a luncheon at the Federal Reserve in Washington October 9, 2009. REUTERS/Jonathan Ernst

Yoox, an Italian online fashion retailer that sells top brands ...

(Yoox) — Mon, 16 Nov 2009 20:05:24 GMT

(Yoox) - Yoox, an Italian online fashion retailer that sells top brands and has been growing rapidly during the global economic crisis, launched an initial public offering (IPO) in Milan on Monday.(Yoox)

Italian farmers ride tractors as they parade in downtown Rome, ...

(AP) — Mon, 16 Nov 2009 14:11:02 GMT

(AP) - Italian farmers ride tractors as they parade in downtown Rome, Monday, Nov. 16, 2009, the start of the UN World Summit on Food Security in Rome, to call attention to the plight of farmers, the impact of the financial crisis on agriculture and to ask for fair prices. In the background St. John at the Latheran Basilica. (AP Photo/Riccardo De Luca)

General Motors (GM) chief executive Fritz Henderson in Shanghai ...

(AFP/File) — Mon, 16 Nov 2009 12:50:25 GMT

(AFP/File) - General Motors (GM) chief executive Fritz Henderson in Shanghai last month. General Motors has announced a loss of $1.15 billion since emerging from bankruptcy in July, but said it would step up repayments of bailout aid to Washington and Ottowa.(AFP/File/Philippe Lopez)