US Economy Watch

Analysis: Obama hopes to make sweet music with 'violin coalition'

Published Date: 23 November 2008 US PRESIDENT-elect Barack Obama won the Democratic nomination with the enthusiastic support of the left wing of his party, fuelled by his vehement opposition to the decision to invade Iraq and...

William Lyons: Vehicle manufacturers are on skid row around the globe. Can anything be done to...

Published Date: 23 November 2008 AS THE first cold snap of winter kicks in, car workers in Swindon and Detroit are looking to each other for signs that the big freeze in their industry may show some signs of a thaw. Having been...

Bush bids farewell with impassioned 'freedom' plea

LIMA (AFP) - US President George W. Bush, bidding farewell to the international stage, offered a sweeping defense of free markets as leaders from across the Pacific rim vowed to resist protectionism. On the last foreign trip...

US dollar advances, but economy set to contract

The US dollar looks set to maintain its positive momentum in the week ahead as financial market turbulence and global recession fears keep funds flowing back from riskier regions. Perhaps ironically, even the uncertainty...

Spend RM673.5mil quickly – by order of PM

The nation’s 400 mayors and 165 local council presidents received a windfall to keep local jobs going during the financial crisis. This is part of the PM’s next phase of stimulating Australia’s somewhat shaky economy.

Weekly Review (11-17-2008 to 11-21-2008)

It was yet another painful week for the Wall Street and the major indexes suffered crushing blow as investors remained anxious about the fate of automakers and Citigroup. This was for the third straight week when the indexes...

Weekly Review and Outlook - Obama Mixed Up Short Term Market Outlook

Weekly Review and Outlook Obama Mixed Up Short Term Market Outlook It looked as if dollar and yen staged a board based victory last week on risk aversion when S&P 500 dived to 11 year low while DOW took out 7884 support and...

Global financial crisis impact on Pakistan discussed

Sunday, November 23, 2008 By our correspondent KARACHI: The government has always been keen about foreign direct investment (FDI) rather than domestic investment -a policy that needs to be reviewed to improve investment in...

U.S. Economic Outlook for 2009

By Shah Gilani Contributing Editor Money Morning/The Money Map Report If there’s a proverb that captures the outlook for the U.S. economy in the New Year, it’s the one that... Money Morning is here to help investors profit...

Timothy Geithner the man who will run Obama's ecomomic team is a basketball playing 'pressure...

Barack Obama will this weekend hand the levers of the US economy to a pressure junkie who shares his love of basketball. By Tim Shipman in Washington The choice of Mr Geithner ends weeks of uncertainty over Hank Paulson's...

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