alan greenspan

Top economic voices question US downgrade


August 8th, 2011 - 1:54 pm ICT by IANS
Washington, Aug 8 (IANS) Leading economic experts from Democratic and Republican parties alike have voiced outrage over Standard & Poor's downgrade of the US credit rating but disagreed on ... Read more...

Posted in Business |

Ben Bernanke defends the Fed’s decision to pump up the economy


November 7th, 2010 - 8:13 pm ICT by Aishwarya Bhatt
Jekyll Island, Nov 7 (THAINDIAN NEWS) Federal Reserve Chairman - Ben Bernanke has assured Americans that the Fed’s decision to pump extra hundreds of billions into the United State economy will not ... Read more...

Posted in Business |

Sibal to get Stephen P. Duggan award in September 2010


May 13th, 2010 - 7:56 pm ICT by ANI
New Delhi, May 13 (ANI): Union Minister for Human Resource Development Kapil Sibal has been conferred the Stephen P. Duggan award for mutual understanding by the New York-based Institute of International Education ... Read more...

Posted in National |

Obama to re-appoint federal reserve board chief Bernanke: Report


August 25th, 2009 - 11:02 am ICT by IANS
Washington, Aug 25 (DPA) US President Barack Obama plans to nominate Federal Reserve Board Chairman Ben Bernanke for a second term at the helm of the rate-setting central bank, the Washington ... Read more...

Posted in Business |

Argentine mistress of Governor Sanford admits being woman in his life


June 30th, 2009 - 1:02 pm ICT by ANI
New York, June 30 (ANI): The Argentine mistress of South Carolina Governor Mark Sanford, Maria Belen Chapur, has admitted that she was the woman who drew the rising GOP star away from ... Read more...

Posted in World |

South Carolina Gov. Sanford’s love letters to mistress show his knack for writing


June 28th, 2009 - 4:31 pm ICT by ANI
Washington, June 28 (ANI): South Carolina Governor Mark Sanford's e-mails to his Argentine mistress Maria have fascinated both hopeless romantics and serious politicos alike.If reports are to be believed, the emails ... Read more...

Posted in World |

Washington `A’ list excludes Bush and company, Obamas, Axelrods in


April 13th, 2009 - 6:04 pm ICT by ANI
Washington, Apr.13 (ANI): The new Washington, DC, A-list is in, and George W. Bush and his team aren't on it, reports the New York Post.Washington Life magazine's list of the ... Read more...

Posted in World |

‘Global to local only way to fight financial crisis’


November 29th, 2008 - 3:02 pm ICT by IANS
Viterbo (Italy), Nov 29 (IANS) The worst of the global financial crisis is not over because governments have no strategy to fight it, says Walden Bello, winner of the alternative Nobel Prize ... Read more...

Posted in Business |

UN lashes out at governments for failing their citizens


October 31st, 2008 - 12:11 am ICT by IANS
New York, Oct 30 (DPA) The UN General Assembly president Thursday criticised governments for failing their responsibility in building up a strong economy to protect their people's living conditions.A one-day debate on ... Read more...

Posted in World |

‘Credit tsunami’ means job losses unavoidable: Ex-Fed chief


October 24th, 2008 - 2:05 am ICT by IANS
Washington, Oct 24 (DPA) Former US Federal Reserve chairman Alan Greenspan warned Thursday that a "significant rise" in unemployment is unavoidable as the United States works through a massive financial crisis.Greenspan, who ... Read more...

Posted in World |

Inside the financial tsunami: what brought it on?


October 3rd, 2008 - 11:51 am ICT by IANS
New Delhi, Oct 3 (IANS) The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, ... Read more...

Posted in World |

US stocks down on record oil prices


May 6th, 2008 - 8:56 am ICT by admin
DPA New York, May 6 (DPA) US stocks closed lower Monday, led by retailers as crude oil climbed above $120 per barrel. Shares in Yahoo plummeted 15 percent, the most in nearly two ... Read more...

Posted in World |

‘Subprime crisis to persist for two to three years’


March 21st, 2008 - 7:35 pm ICT by admin
Xinhua Beijing, March 21 (Xinhua) The impact of the subprime crisis is likely to persist for two to three year before the US economy recovers, Nobel laureate US economist Joseph E. Stiglitz said ... Read more...

Posted in World |

Dollar peg debate continues to rage across inflation-hit Gulf


February 27th, 2008 - 12:38 pm ICT by admin
Aroonim Bhuyan Dubai, Feb 27 (IANS) Even as the Gulf Cooperation Council (GCC) countries mull moving to a single currency mode, the debate over whether to depeg the currencies of these countries from ... Read more...

Posted in World |

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