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 economy are still good and a major global crisis like the one in 2008 is unlikely to happen, he added. Mr Tharman, who is also Finance and Manpower Minister, was commenting on flash estimates for ...

See Full Article

Source: Straits Times

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
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...
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...
Ex-Iceland PM says he saved economy
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 a fate similar...
Mining boom failing to spark national economy
...