June 27th, 2010 by HardMoney Writer
Leaders of the Group of 20 (G-20) nations are meeting in Toronto, Canada. Canadian Prime Minister Stephen Harper said the world’s economy remains fragile and still needs stimulus, but countries need to move on a specific time line to cut their deficits in half by 2013.
Addressing G-20 leaders seated around a large circular table, and [...]
Tags: barack obama, economy, financial, financial market, G-20, global economic, global recovery, IMF
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June 21st, 2010 by HardMoney Writer
* Yuan move removes “irritant” in U.S.-China relations
* Step a “genuine attempt” to provide yuan flexibility
* No real progress in military relationship (Adds details, quotes)
China’s signal over the weekend that it would give more room for the yuan to move is a genuine step toward currency reform that should help improve U.S.-China ties, the U.S. [...]
Tags: Bank of China, barack obama, china economy, financial market, global economic, global recovery, investments, stock market
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March 2nd, 2010 by HardMoney Writer
President Barack Obama wants to move quickly to fill vacancies on the Federal Reserve Board, but has made no decision yet and will not be announcing appointments this week, White House officials said on Tuesday.
Fed Vice Chairman Donald Kohn announced on Monday he will retire in June. His departure means Obama has three seats to [...]
Tags: barack obama, fed, Federal Reserve, us bank central, white house
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