International Business News - Rescue http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Rescue: To help someone or something out of a dangerous, harmful or unpleasant situation. Bailout: To help a person or organization that is in difficulty, usually by giving or lending them money. http://www.ibtimes.com/articles/20080930/politicians-prefer-rescue-not-bailout.htm Tue, 30 Sep 2008 17:34:36 EDT Boot-clad feet kick aside tall grass. Heads tilt to peer under logs. A Labrador retriever follows her eager nose through the woods. Suddenly, a triumphant cry rings out--"Turtle!"--and a hand gently scoops up the creature. http://www.ibtimes.com/data/articleimgs/142538-turtle-rescue.jpg http://www.ibtimes.com/articles/20080930/md-officials-relocate-turtles-from-construction.htm http://www.ibtimes.com/articles/20080930/md-officials-relocate-turtles-from-construction.htm Tue, 30 Sep 2008 10:41:55 EDT The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as well as some losers. http://www.ibtimes.com/data/articleimgs/141764-wall-street-protest.jpg http://www.ibtimes.com/articles/20080929/who-wins-who-loses-under-proposed-bailout-plan.htm http://www.ibtimes.com/articles/20080929/who-wins-who-loses-under-proposed-bailout-plan.htm Mon, 29 Sep 2008 02:58:55 EDT Sold to American taxpayers for up to $700 billion: an unprecedented plan to buy distressed banks' least desirable mortgage assets. What started as a fairly simple three-page proposal giving the Treasury Secretary unchecked power to orchestrate a bailout of the country's financial system ended up as a complex rescue package, with enhanced congressional oversight, some added protections for taxpayers and a slap on the wrist to highly paid, underperforming executives. http://www.ibtimes.com/data/articleimgs/141714-financial-meltdown.jpg http://www.ibtimes.com/articles/20080929/sold-to-us-taxpayers-for-700b-banks-bad-assets.htm http://www.ibtimes.com/articles/20080929/sold-to-us-taxpayers-for-700b-banks-bad-assets.htm Mon, 29 Sep 2008 00:04:49 EDT Following are the major details of the $700 billion rescue package that congressional negotiators approved on Sunday:--Provides up to $700 billion, starting with an initial $250 billion, to allow the Treasury Department to purchase troubled assets, mainly in the area of mortgages, that are weighing down the U.S. financial system. http://www.ibtimes.com/articles/20080928/highlights-of-700-billion-financial-system-rescue.htm Sun, 28 Sep 2008 19:18:45 EDT Sold to American taxpayers for up to $700 billion: an unprecedented plan to buy distressed banks' least desirable mortgage assets. What started as a fairly simple three-page proposal giving the Treasury Secretary unchecked power to orchestrate a bailout of the country's financial system ended up as a complex rescue package, with enhanced congressional oversight, some added protections for taxpayers and a slap on the wrist to highly paid, underperforming executives. http://www.ibtimes.com/data/articleimgs/141664-financial-meltdown.jpg http://www.ibtimes.com/articles/20080928/sold-to-us-taxpayers-for-700b-banks-bad-assets.htm http://www.ibtimes.com/articles/20080928/sold-to-us-taxpayers-for-700b-banks-bad-assets.htm Sun, 28 Sep 2008 22:48:03 EDT The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as well as some losers. http://www.ibtimes.com/data/articleimgs/141345-wall-street-protest.jpg http://www.ibtimes.com/articles/20080928/who-wins-who-loses-under-proposed-bailout-plan.htm http://www.ibtimes.com/articles/20080928/who-wins-who-loses-under-proposed-bailout-plan.htm Sun, 28 Sep 2008 16:17:30 EDT The nation's top economic officials on Tuesday plan to provide Congress with a fresh report on the government's efforts--including a $700 billion financial system bailout--to battle the worst Wall Street crisis in decades. http://www.ibtimes.com/articles/20080923/ahead-of-the-bell-financial-rescue-hearing.htm Tue, 23 Sep 2008 06:00:48 EDT German police say a train struck and killed a woman trying to rescue her blind dog after it fell onto the tracks. The 62-year-old woman was hit by a train at a station near the southwestern town of Ludwigshafen on Monday while trying to save the animal. She suffered serious head injuries and died at the scene. http://www.ibtimes.com/articles/20080922/train-kills-german-woman-trying-to-rescue-dog.htm Mon, 22 Sep 2008 11:34:51 EDT The Senate Banking Committee chairman says the government's financial rescue plan will be costly, and is demanding more details about the program to confront the worst financial crisis in decades. http://www.ibtimes.com/articles/20080919/key-senator-says-rescue-will-be-costly.htm Fri, 19 Sep 2008 11:38:24 EDT The federal government on Friday stepped in to bolster the teetering $3 trillion money-market mutual fund industry and stem a wave of withdrawals that resembled a Depression-era run on the banks--sparked largely by panicked institutional clients rather than individual investors in what are normally considered to be the safest of investments. http://www.ibtimes.com/data/articleimgs/134219-treasury.jpg http://www.ibtimes.com/articles/20080919/treasury-guarantee-money-market-mutual-funds.htm http://www.ibtimes.com/articles/20080919/treasury-guarantee-money-market-mutual-funds.htm Fri, 19 Sep 2008 17:11:40 EDT A Spanish official says 16 fishermen have abandoned their British trawler after it sprang a leak in the Atlantic. The official with the Maritime Rescue office in the northwest Spanish city of Finisterre says the crew abandoned ship in two lifeboats about 100 nautical miles north of La Coruna. http://www.ibtimes.com/articles/20080918/spain-rescue-teams-try-to-reach-damaged-trawler.htm Thu, 18 Sep 2008 07:20:06 EDT France dispatched elite commandos to free two French hostages under cover of night, then called on other nations to join in taking decisive action against Somali pirates disrupting commerce and aid operations off the East African coast. http://www.ibtimes.com/articles/20080916/french-army-rescues-2-held-by-somalian-pirates.htm Tue, 16 Sep 2008 16:28:22 EDT Most of the men in the 2 1/2-ton truck had embarked on the grim hunt for bodies in the wreckage of New Orleans after Hurricane Katrina. On Sunday, they prepared to risk their lives for a similar search in their own backyards. http://www.ibtimes.com/data/articleimgs/130570-ike-texas.jpg http://www.ibtimes.com/articles/20080915/men-who-searched-for-katrina-victims-at-work-again.htm http://www.ibtimes.com/articles/20080915/men-who-searched-for-katrina-victims-at-work-again.htm Mon, 15 Sep 2008 01:29:22 EDT Even as they plucked people from rooftops and wrecked neighborhoods on Saturday, emergency responders grumbled over how many brushed off dire warnings and tried to ride out Hurricane Ike. http://www.ibtimes.com/data/articleimgs/129774-aptopix-ike-texas.jpg http://www.ibtimes.com/articles/20080914/in-harms-way-ike-floods-force-rescue-of-holdouts.htm http://www.ibtimes.com/articles/20080914/in-harms-way-ike-floods-force-rescue-of-holdouts.htm Sun, 14 Sep 2008 00:02:31 EDT Even as they plucked people from rooftops and wrecked neighborhoods on Saturday, emergency responders grumbled over how many brushed off dire warnings and tried to ride out Hurricane Ike. http://www.ibtimes.com/data/articleimgs/129707-aptopix-ike-texas.jpg http://www.ibtimes.com/articles/20080913/in-harms-way-ike-floods-force-rescue-of-holdouts.htm http://www.ibtimes.com/articles/20080913/in-harms-way-ike-floods-force-rescue-of-holdouts.htm Sat, 13 Sep 2008 21:34:10 EDT An equipment failure stalled a cable lift in the Austrian Alps on Tuesday, stranding 79 sightseers in gondolas for two hours before rescuers could get them down, authorities said. http://www.ibtimes.com/articles/20080902/79-sightseers-rescued-from-cable-cars-in-austria.htm Tue, 02 Sep 2008 17:45:06 EDT The British government unveiled a package of tax cuts and increased spending targeted at first-time home buyers on Tuesday in a bid to reverse the country's worst housing slump in almost two decades. http://www.ibtimes.com/articles/20080902/uk-government-plans-housing-market-rescue.htm Tue, 02 Sep 2008 09:53:38 EDT The Danish central bank said Monday it has taken over the nation's 10th largest bank, a 124-year-old institution which had been struggling amid global financial turmoil and mounting losses on mortgage loans as housing prices fell in Denmark. http://www.ibtimes.com/articles/20080825/danish-central-bank-rescues-crisis-bank.htm Mon, 25 Aug 2008 09:34:54 EDT A Houston councilwoman pulled a driver from a fiery car, just weeks after angering police by coming to the aid of a man she believed was being mistreated during an arrest. http://www.ibtimes.com/articles/20080818/houston-councilwoman-rescues-woman-in-fiery-crash.htm Mon, 18 Aug 2008 16:08:44 EDT