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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
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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
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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
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The American | American Enterprise Institute
Ben Bernanke’s unenviable choice
One has to pity Ben Bernanke during the remainder of his tenure as head of the Federal Reserve, which is due to terminate in January 2014. For his bold experimentation with unorthodox monetary policy has not worked out quite the way he had anticipated. A #Ben Bernanke #Federal Reserve #United States Department of the Treasury
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FOX Business
New 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
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Economic Times
Obama’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




