Headlines from the Financial Times, February 21:

  • Markets tumble amid fears over banks
  • Investors flee to gold and government bonds
  • 19 000 Anglo American jobs to go
  • Saab files for bankruptcy protection
  • Eurozone lurches deeper into recession

    Other headlines

  • Soros sees no bottom for world financial “collapse” — Reuters
  • Roubini says crisis end distant — Reuters
  • Dow slides to new 6-year lows, led by financials — the Associated Press
  • De Beers suspends mines — Fin24.com

    Recent headlines

  • Thousands queue for relief as recession bites — EP Herald February 20
  • Turmoil over east Europe — Financial Times, February 18
  • Greenspan says more bail-out funds will be needed — Financial Times, February 18
  • Japanese economy plunges to 35-year low — Financial Times, February 17
  • Author

    • A journalist for more than two decades, Reg Rumney has just returned from Grahamstown to Johannesburg after spending more than seven years at Rhodes University, teaching economics journalism. He is keenly interested in the role of business in society, and he founded the Mail & Guardian Investing in the Future Awards in 1990 to celebrate excellence in South African corporate social responsibility. Most recently, as executive director of BusinessMap, he was responsible for producing reports on foreign investment, black economic empowerment and privatisation, and carried out research work in Africa on issues related to the investment climate. He writes on, amon other things, foreign investment and BEE, focusing on equity transactions.

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    Reg Rumney

    A journalist for more than two decades, Reg Rumney has just returned from Grahamstown to Johannesburg after spending more than seven years at Rhodes University, teaching economics journalism. He is...

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