Tag archive for ‘Market Turmoil’
World Bank in D.C. this weekend
WASHINGTON (AFP) — World economic leaders here this weekend took steps to alleviate the worst financial shock in decades and a food price crisis that is sparking deadly unrest in developing countries.
In three days of meetings that ended Sunday, finance ministers and central bankers grappled with the credit squeeze and inflation emergencies against the backdrop [...]
It’s official - we’re screwed….
Washington, D.C. (Rightcommentary.com) - Today appearing before the Congress, Federal Reserve Chairman Ben Bernanke conceded for the first time the U.S. economy may slip into recession, but said growth should pick up later this year as interest rate cuts and other emergency steps take root.
Bernanke said in his testimony that the [...]
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