The World's Matthew Bell examines international reaction to Washington's rescue package for America's auto industry. The Bush administration today announced 17 billion dollars worth of emergency loans for GM and Chrysler.
President Obama announced his proposed new rules for the U.S. financial industry today. Anchor Marco Werman explores the global implications with Grep Ip, U.S. Economics Editor for The Economist magazine.
Iraq's oil ministry held an auction today for rights to develop some of the country's most valuable energy reserves. The World's Katy Clark tells us, some oil companies weren't willing to accept Iraq's terms.