AFP - The dollar remained under pressure Thursday amid US economic uncertainty as an industry report showed a surge in home foreclosures and the financial markets tumbled heavily.

Reuters - The White House cut its forecast for U.S. economic growth in 2008 on Thursday and acknowledged that troubles in the housing market had been "more pronounced" than expected.

Reuters - Softer-than-expected new-home sales and a surge in new claims for jobless benefits reported on Thursday heightened fears of a steep U.S. economic slide and overshadowed a strong third-quarter performance.

Reuters - Soft sales and plunging prices for new homes, together with a surge in claims for new jobless benefits highlighted a slide in U.S. economic activity that forced the Bush administration on Thursday to scale back its estimate for growth in 2008.

AFP - Global economic growth is "robust" but inflation risks remain as markets absorb the impact of the US subprime home loan crisis and higher food prices, European Central Bank chief Jean-Claude Trichet said Monday.

Reuters - U.S. President George W. Bush said on Tuesday the country's economic fundamentals were strong despite "headwinds" from a weaker housing market, and he voiced confidence in a plan to ease the subprime mortgage crisis.

AP - The deteriorating housing market forced the White House to lower its projection for economic growth next year and raise its forecast for unemployment. Inflation was expected to moderate.

AFP - Prospects for the biggest eurozone economy grew gloomy Tuesday despite an upbeat retail appraisal, after fresh US subprime fears pushed a key financial barometer to an almost 15-year low.

AFP - World stocks took a pounding Monday as investor fears about the US economy mounted with consumers and the banking system both facing woes from the collapse of the high-risk mortgage market.