Posts Tagged ‘crisis’
Obama: Let’s fix the housing crisis
President Obama pushed Saturday for mortgage reform — an issue central to his election-year focus on the middle class.
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IMF chief presses for more cash to fight crisis (AP)
AP – The head of the International Monetary Fund appeared to be making headway Saturday in her drive to boost the institution’s financial firepower so that it can help Europe prevent its crippling debt crisis from further damaging the global economy.
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Dow approaches highest level since 2008 crisis (AP)
AP – The Dow Jones industrial average was trading near its highest close since the 2008 financial crisis Thursday after solid news on factory orders and strong earnings from U.S. manufacturers highlighted the economy’s growing momentum.
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Merkel, Sarkozy stress growth a priority in crisis (AP)
AP – The leaders of France and Germany said boosting economic growth across Europe is a priority in their efforts to stem the debt crisis that is showing signs of spreading across the 17 countries that use the euro.
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Europe forges fiscal union, sees way out of crisis (AP)
AP – Working almost to exhaustion and persuading countries one by one, European leaders agreed Friday to redefine their continent — hoping that by joining their fiscal fortunes they might stop a crippling debt crisis, save the euro currency and prevent worldwide economic chaos.
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Germany pessimistic over crisis summit (AP)
AP – Germany suggested Wednesday that European leaders could fail to agree on a plan to tighten the continent’s economic ties by the end of the week, dampening investors’ optimism about a broad resolution of Europe’s debt crisis.
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US prods Europe on crisis, publicly and privately (AP)
AP – U.S. Treasury Secretary Timothy Geithner is darting across Europe with a stark message: The continent’s leaders must act quickly and convincingly to defuse a debt crisis that is threatening the global economy.
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