UAW chief urges $25 bln in U.S. auto support (Reuters via Yahoo! UK & Ireland News) - Secured Loan Blog

November 7, 2008

UAW chief urges $25 bln in U.S. auto support (Reuters via Yahoo! UK & Ireland News)

UAW chief urges $25 bln in U.S. auto support (Reuters via Yahoo! UK & Ireland News)
United Auto Workers President Ron Gettelfinger on Thursday urged the U.S. government to provide another $25 billion (16 billion pound) in loans to struggling U.S. automakers so that they can meet their healthcare obligations to over 780,000 retirees and their dependents.

Ukraine welcomes $4.5bn stand-by IMF loan (Financial Times)
Ukraine will receive initial loans worth $4.5bn in the next few days to bolster the crisis-hit economy under the International Monetary Fund’s bail-out package, say officials in Kiev.

Related posts:

  1. (AFX UK Focus) 2008-11-06 03:52 UPDATE 1-Australia’s c.bank to take CP for repo loans (Interactive Investor)
  2. UK confident Saudis will help IMF (Financial Times)
  3. Citigroup loses $1.4 bln on securitizations (Reuters)
  4. Citigroup loses $1.4 bln on securitizations (Reuters)
  5. Nissan offers zero percent loans on five models (Reuters)

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