Obama turns to small-scale solutions to a weak economy
The White House, threatened by the high unemployment rate, proposes free-trade agreements and more spending on high-speed rail in the absence of more ambitious tools, such as stimulus spending. As White House aides search for ways to show progress on the economy, they are banking that a set of small-scale proposals may be able to win congressional approval and dent a chronically high ...
Source: Los Angeles Times
-
Polaris, Bangladesh banks to form jt venture firm for IT solutions
IT firm Polaris Software today said it has entered into a MoU with two Bangladesh-based banks to form a joint venture company, which will provide software solutions to both the financial institutions.
-
Tharman warns of sluggish global economy
Singaporeans should brace themselves for the impact of a sluggish global economy in the coming months, said Deputy Prime Minister Tharman Shanmugaratnam yesterday. But the fundamentals of the local...
-
Bernanke: Fed ready if economy worsens
WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would...
-
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
-
Susan Tompor: If U.S. economy is recovering, where are the jobs?
Two years into the U.S. economic recovery and way too many of us are still asking: When's payday? Hiring is miserable -- the U.S. economy cranked out only 18,000 net jobs in June. The U.S. jobless rate...
-
Ex-PM on trial for Iceland bank fall says he saved economy
(REYKJAVIK ) - Iceland's former prime minister Geir Haarde, facing trial over the country's 2008 financial meltdown, describes the case as a farce, insisting he actually helped rescue the economy from...
-
NBP selects ABANA and Compass Plus for the implementation of remote banking solutions
Riyadh, KSA - The National Bank of Pakistan (NBP) was granted a license to expand its operations in Saudi Arabia by the Saudi Arabian Monetary Agency (SAMA).