This poor economy is taking its toll worldwide at alarming rate, not only the U.S needs a stimulus package plan, but it looks like U.K needs to start a package plan as well. Porsche is starting to announce their layoffs and starting to shut down production because of it sales loss in the last 6 months or so.

When is come to luxury, the car makers are pushed to cut production in response to a slump in sales? * Euro zone inflation plunges, while the jobless rate rises * Dexia announces job cuts and a record loss * British mortgage lending picks up from a record low * The UK’s credit card debt drops * The trouble’s decline is testing…

Check out this video story that will cover what we mention above..

When was the last time you’ve looked at your credit card bill? Some viewers have been surprised by an increase in their required minimum monthly credit card payments, and the addition of a monthly service charge.

You can also beware that credit cards company are not rising credit limits either, because of the bad economy they’re holding back so they won’t get hit bad for delinquents payments and slows pays, there a lot of people in the employment lines today that has high unpaid balances on their credit cards and credit cards firms are feeling it.

Check out this video story that will cover this topic below.

Bankrate.com’s Greg McBride explains. E-mail your questions to yourmoney@ap.org