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

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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

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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

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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

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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

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