Search Results | Showing 71 - 80 of 109 results for "US Congress" |
| | | "Don't worry, I've got a plan," Ben Bernanke, the US Federal Reserve chair, reassured the US Congress. The longer I observe the financial markets, the more confused (amused?) I get. When equities and commodities went on their upward trek starting in ... |
| | | | ... trend that could short-circuit the impending recovery. And its name is protectionism. During the Great Depression, the US Congress passed the Smoot-Hawley Tariff Act, raising tariffs on American imports. Didn't work. Never would. Why? Because other countries ... |
| | | | ... being sold short. And what if the economy double dips and the Big Ten find themselves needing money anew? What if the US Congress - looking at the budget blow out - does not allow anymore re-lending? The reasoning goes that this could spark even greater ... |
| | | | ... vu brewing in national governments' response to quickly correct their sharply widened budget deficits. In 1932, the US Congress reduced spending and raised income taxes of high wage earners to bring the budget back in balance. In 2009, US President Barack ... |
| | | | ... President Barack Obama's words garnered applause and a standing ovation from both Democrats and the Republicans in the US Congress, Wall Street gave a whispered, almost sarcastic 'yey' judging from its overnight performance. There is no question that ... |
| | | | ... weather a weak lead from the United States. The local market saw little relief as investor confidence ebbed after the US congress haggled over its stimulus package. By 1200 AEDT the benchmark S&P/ASX200 index was down 44.8 points, or 1.28 per cent, at ... |
| | | | ... cent, to 865.26. LONDON - European stocks rallied late in trading, powered by the banking sector on expectation the US congress will approve President Barack Obama's plan to stimulate the recession-hit US economy. In London the FTSE 100 index added 15.74 ... |
| | | | Roll out the money-making machine. The US economic and financial situation continues to burn while the politicians fiddle. In spite of the goodwill that Barack Obama took with him to the Oval office and the fact that he has already etched a 'game plan' ... |
| | | | ... Program (TARP). Even if these were to be followed by concrete action and while we could be assured that this time, the US Congress will pass Obama's plan when he takes office on 20 January 2009, 20 January 2009 is still miles away. Not to mention, delays ... |
| | | | ... to 3332.6. NEW YORK - Stocks have plunged again to levels not seen in more than five years as hopes fade that the US congress will soon put together an aid package for US carmakers. Huge declines in the financial and energy sectors led stocks lower. ... |
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