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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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News & UpdatesSeptember 14, 2009 Government's Trial and Error Helped Stem Financial PanicSource:Wall Street JournalIt was only a year ago that the world economy was enveloped in a financial panic of such dimensions that, if one believes Federal Reserve Chairman Ben Bernanke, it threatened to produce a calamity as bad as the Great Depression.... September 9, 2009 Economic, financial crises far from over, warns latest UN trade reportSource:UN News Centre8 September 2009 – The global recession is unprecedented in its depth and breadth, and has left no country unscathed, according a new report by the United Nations Conference on Trade and Development (UNCTAD) launched today,... July 29, 2009 S, China Pledge to Sustain Stimulus, Rebalance World GrowthSource:BloombergU.S. and Chinese economic leaders pledged to keep up stimulus efforts and to rein in trade and investment imbalances that contributed to the global crisis. April 29, 2009 Geithner’s close ties with Wall St. fuel criticism of bailoutSource:My Digital FC - Gretchen Morgenson and Jo BeckerLast June, with a financial hurricane gathering force, Treasury Secretary Henry M. Paulson Jr. convened the economic stewards of the United States for a brainstorming session. What emergency powers might the government want at... April 29, 2009 Recession, Far From Over, Already Setting RecordsSource:Floyd Norris - New York TimesTHE current recession has become the second-worst in the last half-century and is close to surpassing the severe 1973-75 downturn, according to the Index of Coincident Indicators, based on government data and compiled each month... April 29, 2009 IFRS promotes greater transparency and uniformity
Source:The Star Online
KUALA LUMPUR: The worst is likely over for European banks hit by the global financial crisis. However, economic activities in the region and around the globe will take some time to recover to pre-crisis levels, says European... November 24, 2008 Bernanke acknowledges mistake in gauging fallout from risky mortgageSource:NewsdayFederal Reserve Chairman Ben Bernanke acknowledges he was wrong in believing that there would be limited fallout to financial markets from risky mortgages that soured after the housing market's collapse."I and others were... November 24, 2008 Citigroup, Fed Said to Weigh Plan to Limit Losses on Bad AssetsSource:Bloomberg.comCitigroup Inc. and U.S. regulators are in talks about a plan to limit the bank’s potential losses from toxic assets after the stock’s plunge last week sparked concerns about the company’s fate, people familiar with the matter... November 24, 2008 Joint Statement by Treasury, Federal Reserve and the FDIC on CitigroupSource:U.S. Treasury DepartmentThe U.S. government is committed to supporting financial market stability, which is a prerequisite to restoring vigorous economic growth. In support of this commitment, the U.S. government on Sunday entered into an agreement with...[more] November 24, 2008 Obama urged to create 'Green New Deal'Source:Boston GlobeThe worldwide economic crisis is prompting a growing number of countries to back away from pledges to cut greenhouse gas emissions and invest in clean energy, just a week before the start of talks in Poland on a new worldwide... [What would you find useful here?]
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