Kontan Online: July 2009

US, China facing economic, diplomatic flash points - Boston Globe: Latest

Two days of high-level talks between the United States and China are expected to expose sharp differences on trade and soaring U.S. budget deficits, but the discussion could be more amicable in the area of foreign policy.

NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Economy, environment to dominate US-China talks - Boston Globe: Nation

WASHINGTON - The United States and China kick off talks here today that are expected to highlight Beijing’s unease about its massive holdings in federal bonds, Washington’s desire to reduce China’s reliance on exports, and the need for ...

NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Report Sees Recovery for Global Tech Firms - International Herald Tribune: Business

After suffering the steepest fall, Asia has also recovered the most rapidly, according to the O.E.C.D. Through June, there was no recovery yet in the United States.

NewsRack Sun, 26 Jul 2009 18:30:00 GMT

Ben Bernanke says Fed didn't act quickly enough to stop reckless mortgage lending - LA Times: Top News

But the central bank's chairman defends its role in rescuing giant firms such as insurer AIG, saying that it needed to take steps to stave off an economic collapse. After taking a pounding in Congress over the economic crisis and the multibillion-do...

NewsRack Sun, 26 Jul 2009 18:30:00 GMT

U.S. Hopes China Talks Spur Recovery, Jobs - WCCO: National

With the global economy mired in recession, the United States and China begin talks Monday to seek a solution together despite tensions over currencies, the U.S. budget deficit and the huge U.S. trade gap with China.

NewsRack Sat, 25 Jul 2009 18:30:00 GMT

Europe fast-tracking swine flu vaccine - SFGate: Business & Technology

In a drive to inoculate people against swine flu before winter, many European governments say they will fast-track the testing of a new flu vaccine, arousing concern among some experts about safety issues and proper vaccine doses. The European Medicines...

NewsRack Sat, 25 Jul 2009 18:30:00 GMT

Ahmadinejad declares election clean and fair - Twincities.com: Nation

TEHRAN, Iran. Iranian President Mahmoud Ahmadinejad on Tuesday sought to put the turmoil over the disputed presidential election behind him and declared on national television that the contest was clean, fair and marked the start of a new era.

NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Pope calls for overhaul of global economy - Twincities.com: Nation

VATICAN CITY — Pope Benedict XVI on Tuesday called for a radical rethinking of the global economy, criticizing a growing divide between rich and poor people and urging the establishment of a ''world political authority'' to oversee the economy and ...

NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Nikkei and oil hit 6-wk lows on recovery worries - Boston Globe: Latest

Japan's Nikkei share average and oil prices hit six-week lows on Wednesday as investors pulled funds out of bets on the global economy's recovery and favored safe havens, such as the U.S. dollar and government bonds.

NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Obama confers with world leaders in Italy - Boston Globe: Latest

President Barack Obama is embarking on three days of multinational talks about climate change, the global economy and world hunger in the second and most policy-laden stop of his three-nation, weeklong trip.

NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Asian markets slump on falling oil, metal prices - SFGate: Business & Technology

Asian markets tumbled Wednesday, along with commodity prices and hopes for a rapid recovery of the global economy. The pessimism permeated stock exchanges throughout the region, with several losing more than 2 percent in early afternoon trading. Oil prices...

NewsRack Tue, 07 Jul 2009 18:30:00 GMT

Russia: Interview with Andrei Illarionov - Global Voices

Robert Amsterdam posts the first episode in a series of interviews with Russia's former economics presidential adviser and opposition politician, Andrei Illarionov.

NewsRack Sun, 05 Jul 2009 18:30:00 GMT

France's Stimulus Projects, Unlike in U.S., Were 'Shovel Ready' - NY Times: Business

France plans to spend 75 percent of its stimulus money this year; the U.S. is unlikely to accomplish that until late 2010.

NewsRack Mon, 06 Jul 2009 18:30:00 GMT

Dollar advances on doubts about economic recovery - Boston Globe: Latest

The dollar advanced against the euro and the pound Monday as investors moved into the haven of the U.S. currency on doubts about the global economy.

NewsRack Mon, 06 Jul 2009 18:30:00 GMT

China, India, Russia all question dollar - NewsTrust Yahoo Pipes Feed

China, India, Russia all question dollar

NewsRack Sat, 04 Jul 2009 18:30:00 GMT

Op-Ed Columnist: Can I Clean Your Clock? - NY Times: Editorials

If the United States doesn't want to lose the green technology race, President Obama can't put the energy/climate bill on the back burner to focus solely on health care. They go together.

NewsRack Sat, 04 Jul 2009 18:30:00 GMT

NEAL ST. ANTHONY: Quarter's results may ease investor worries - Star Tribune: Business

A strong second quarter for stocks put many funds in positive territory for the year. But will gains continue?

NewsRack Sat, 04 Jul 2009 18:30:00 GMT

Crime and crisis focus of Bulgarian election - Boston Globe: Latest

Bulgarians voted on Sunday in a parliamentary election they hope will restart reforms to combat endemic corruption and heal an economy severely damaged by the global crisis.

NewsRack Sat, 04 Jul 2009 18:30:00 GMT

Dollar discomfort thrust onstage for Italy summit - Boston Globe: Latest

World leaders are bound to express the hope that the worst of the global economic crisis is passing when they meet this week, but they are now under pressure, too, to manage a Chinese challenge to dollar supremacy.

NewsRack Sat, 04 Jul 2009 18:30:00 GMT

The Great American Bubble Machine - Truthout.com

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression. In Rolling Stone Issue 1082-83, Matt Taibbi takes on -the Wall Street Bubble Mafia- - investment bank Goldman Sachs. The piece has generated ...