Articles
View all articles-
Chidambarams Budget is at risk of being ambushed
Any short-term feel-good effect that the Finance Minister may generate in the Indian market with his budget proposals will likely be tempered by developments on the global economic and financial front, over which he has no control. #HowThisWorks #P. Chidambaram #DebtCrisis #Budget2013 #US fiscal cliff
-
The $1 trillion coin: Krugman's loony idea to save US
Economist Paul Krugman's silly idea to get over the Republican refusal to raise the US debt ceiling is a dangerous one. It will destroy all trust in the dollar #US Federal Reserve #Paul Krugman #US debt crisis #US fiscal cliff #$1 trillion Platinum Coin
-
China on 'fiscal cliff' deal: US kicking can towards 'fiscal abyss'
The last-minute US deal over tax increases has fixed one problem, but the world's largest economy must get to grips with a budget deficit that threatens not a "fiscal cliff" but a "fiscal abyss", China's Xinhua news agency said on Wednesday. #China #Barack Obama #NewsTracker #Tax cuts #US fiscal cliff
Wire
-
FOX BusinessNew Signs U.S. Economy Remains Subject to Turbulence
The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring slowdown. While it’s too early to jump to any definitive conclusions, the four reports all #Federal Reserve #Wall Street #Global Insight
-
Economic TimesObama’s budget would cut $1 trillion from US deficit
WASHINGTON: President Barack Obama's budget proposal, if enacted into law, would cut more than $1.1 trillion from the government's projected deficits over the next 10 years, the nonpartisan Congressional Budget Office said Friday. It would bring deficits #Congressional Budget Office #Barack Obama #U.S. Democratic Party
-
The American | American Enterprise InstituteLook at Japan. Look at the euro zone. And the GOP wants the Fed to be more like the ECB?
Republicans should pay close attention to what’s happening in Japan, where the Bank of Japan’s new bond-buying program is already bearing fruit. As the Financial Times reports, ”Japan’s economy grew at the fastest pace among Group of Seven countries last #U.S. Republican Party #Bank of Japan #Financial Times