Economy

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  • Obama job approval rating drops under 50 percent

    Nov 20th, 2009 - Reuters

    Obama job approval rating drops under 50 percentWASHINGTON (Reuters) - President Barack Obama's job approval rating has dropped below 50 percent in a second major poll in an indication he is suffering from the long healthcare debate and weakness in the economy...

  • NYMEX-Crude slips on dollar rise, economy concern

    Nov 20th, 2009 - Reuters

    * Dollar strengthens on risk aversion * Wall Street lower at the open NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures fell onFriday as the dollar strengthened and...

  • BOJ Faces Pressure to Loosen Policy

    Nov 20th, 2009 - Wall Street Journal

    TOKYO -- Even as some central banks begin to roll back easing steps amid signs of economic recovery, the Bank of Japan faces mounting pressure to loosen its policy as deflation tightens its grip on the nation's economy.

  • Trichet Says ECB Will Withdraw Liquidity Gradually

    Nov 20th, 2009 - Bloomberg

    Nov. 20 (Bloomberg) -- European Central Bank PresidentJean-Claude Trichet said the bank will gradually withdraw theemergency cash it has pumped into the economy in order to ensureit doesn’t fuel inflation.

  • Kan Says Japan In Deflation, To Tell View To BOJ

    Nov 19th, 2009 - Wall Street Journal

    TOKYO (Dow Jones)--Japan's deputy prime minister acknowledged Friday that the nation's economy is in a deflationary phase and that the government will convey its view to the central bank.

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