Showing posts with label u.s. economy. Show all posts
Showing posts with label u.s. economy. Show all posts

Wednesday, February 18, 2009

Asian stocks track US slide as bailout hopes fade

Asian stock markets dropped early Wednesday as U.S. markets plummeted toward last year's lows and investors began losing hope that governments can rescue the world's economies from slipping deeper into recession.

It marked the region's third day of declines, and followed a sell-off overnight on Wall Street that sent the major benchmarks to within a hair's breadth of their lowest close in more than five years.

Read more Asian stocks track US slide

Source: denver post

Sunday, February 8, 2009

Treasury to approve insurers for TARP funds

Some insurance companies recently received approval to acquire banks, paving the way for them to participate in the government's $250 billion capital injection program, which is part of the larger bailout fund…

Read more insurers approved for TARP funds

Source: breitbart

Friday, February 6, 2009

After a fortnight in the job, Barack is already fading to grey

FIFTEEN days into his new gig as president of the United States of America and there are tiny signs that the burdens of office - the responsibility of a plunging economy, the golden cage of security and the seemingly endless hiccups in confirming his cabinet - are having an impact on Barack Obama….

Read more Barack already fading to grey

Source: smh.com.au

Tuesday, February 3, 2009

US stocks end high on positive housing data

US stocks closed solidly higher on Tuesday as investors weighed a positive report on the troubled housing market, a mixed batch of corporate earnings and progress on the...

Read more stocks end high on positive housing data

Source: the economic times

Sunday, February 1, 2009

Obama's lethal game of beggar-thy-neighbour

The ‘Buy America' policy, proposed by the most protectionist Congress in memory, is a piece of disastrous economic folly

The talk at Davos is grimmer this year than last - grimmer, but also better focused. The causes and extent of the financial crisis are better understood, though the hunt is still on for ways to stop the rot penetrating the global economy. It helps, too, that some fancy theories have bitten the dust….

Read more Obama's lethal game

Source: times online

Monday, January 26, 2009

India has no better friend, partner than US: Obama

"As Indian people celebrate Republic Day, they should know that they have no better friend and partner than the people of the United States," Obama said....

Read more India has no better friend,

Source: the times of india

Wednesday, January 21, 2009

Obamanomics Will Fail the American People

Obamanomics, the economic program of the Obama administration, will fail to help the U.S. economy. Instead it will undermine the economy. It will fail to help the American people as a whole, although it will benefit some. It will succeed in augmenting the government...

Read more Obamanomics Will Fail the American People

Source: the alex jones show