Nov 6th, 2009 - Bloomberg
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Nov. 6 (Bloomberg) -- A government report that the U.S.unemployment rate hit a 26-year high of 10.2 percent sparked newpolitical clashes between Democrats who supported governmentspending to stimulate the economy and Republicans who want taxcuts.
Republicans said rising unemployment proved that a $787billion economic stimulus, which was opposed by all of theparty’s members in the House, wasn’t working and that Congressshould instead cut taxes.
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Geithner: need stimulus, not financial transactions tax
Nov 8th, 2009 - Reuters
ST ANDREWS, Scotland (Reuters) - Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is...Dollar Falls as Job Losses Anchor Fed's Pledge to Keep Rate Low
Nov 7th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- The dollar fell against the euro onspeculation the Federal Reserve will keep borrowing costs nearzero into next year after the U.S. unemployment rate exceeded 10percent for the first time since 1983.
Geithner warns against putting brakes on stimulus
Nov 7th, 2009 - Forbes
ST. ANDREWS, Scotland -- U.S. Treasury Secretary Timothy Geithner has warned against putting the brakes on economic stimulus measures too quickly, saying that would weaken the economy. In prepared remarks ahead of a Saturday news conference...
G20 summit tries to tackle rifts
Nov 7th, 2009 - BBC NEWS
Alistair Darling (L) takes a morning walk before opening the meeting
A key meeting of G20 finance ministers has begun in Scotland, amid division on the future of economic stimulus packages and paying for climate change.New gene therapy halts 2 boys' rare brain disease
Nov 5th, 2009 - The Denver Post
The U.S.-China venture, announced last week, would erect 240 huge Chinese-manufactured wind turbines on 36,000 acres in West Texas, with the Export-Import Bank of China committed to handle most of the financing. But Sen...
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