THE GLOBAL ECONOMY

{Slide in house prices is the worst since the Great Depression
Last Updated: 1:36am BST 11/07/2008}
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/11/cnhousing111.xml


{US housing market crisis fuels fears for Fannie Mae and Freddie MacBy James Quinn, Wall Street Correspondent
Last Updated: 12:34am BST 11/07/2008}
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/11/cnusmort111.xml


{The money tap turns off, leaving the world in short supply
Last Updated: 12:33am BST 11/07/2008}
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/11/cnmoney111.xml


{UK's problems must be looked at in the round By Tracy Corrigan
Last Updated: 12:34am BST 11/07/2008}
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/11/cctracy111.xml