Markets panic as Obama fails to restore confidence
Efforts by world leaders to restore confidence have failed miserably as markets plunged to new lows on Tuesday, on fears of another global recession.
Efforts by world leaders to restore confidence have failed miserably as markets plunged to new lows on Tuesday, on fears of another global recession.
General Motors has pulled out of the sale of its European car division, provoking anger in Germany on Wednesday and stunning the global car industry.