Asian Central Banks Intervene as Dollar Tumbles
The U.S. dollar continued to tumble against most Asian currencies Thursday, prompting a wave of foreign-exchange intervention by central banks in South Korea, Taiwan, the Philippines and Thailand seeking to limit damage to their export industries.
https://snipurl.com/sejxh
Budget deficit hit record $1.4T in 2009
The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.
https://www.nbc26.com/Global/story.asp?S=11276306
Treasuries Fall After Weaker-Than-Forecast Demand at Bond Sale
Treasuries declined after the government's $12 billion auction of 30-year bonds drew weaker- than-forecast demand.
https://www.bloomberg.com/apps/news?pid=20601087&sid=aoRzFRtXIRdA
34 banks don't pay their quarterly TARP dividends
In a sign that more banks are under great pressure from the recession, 34 financial institutions did not pay their quarterly dividends in August to the Treasury on funds obtained under the Troubled Asset Relief Fund (TARP). The number almost doubled from 19 in May when payments were last made, and also raised questions about Treasury's judgment in approving these banks as "healthy"...
https://snipurl.com/sejy2
Fed Ratchets Up Warnings on Commercial Real Estate Debt
Two officials from the U.S. Federal Reserve issued strong signals this week that the central bank is very concerned over the banking industry's exposure to commercial real estate loans and considers it to be a major stumbling block to the road to economic recovery.
https://snipurl.com/sejyo
Bankruptcy Filings Spiking: Chapter 7 Booming
It is interesting what passes for good news in today's market. For example, Alcoa announced a profit for the third quarter. Good news right? Well if you look into the details the company has cut 18,000 jobs in the 12 months ending on June 30th and also planned on cutting an additional $2.4 billion in costs. In this economic crisis people need to look at the details before assuming something is just good news.
https://snipurl.com/sejz5
From Information Clearing House
https://freepage.twoday.net/search?q=economic+crisis
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=recovery
https://freepage.twoday.net/search?q=Treasury
https://freepage.twoday.net/search?q=Federal+Reserve
https://freepage.twoday.net/search?q=budget+deficit
https://freepage.twoday.net/search?q=treasuries
https://freepage.twoday.net/search?q=bond+sale
https://freepage.twoday.net/search?q=TARP
https://freepage.twoday.net/search?q=bankruptcy
https://snipurl.com/sejxh
Budget deficit hit record $1.4T in 2009
The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.
https://www.nbc26.com/Global/story.asp?S=11276306
Treasuries Fall After Weaker-Than-Forecast Demand at Bond Sale
Treasuries declined after the government's $12 billion auction of 30-year bonds drew weaker- than-forecast demand.
https://www.bloomberg.com/apps/news?pid=20601087&sid=aoRzFRtXIRdA
34 banks don't pay their quarterly TARP dividends
In a sign that more banks are under great pressure from the recession, 34 financial institutions did not pay their quarterly dividends in August to the Treasury on funds obtained under the Troubled Asset Relief Fund (TARP). The number almost doubled from 19 in May when payments were last made, and also raised questions about Treasury's judgment in approving these banks as "healthy"...
https://snipurl.com/sejy2
Fed Ratchets Up Warnings on Commercial Real Estate Debt
Two officials from the U.S. Federal Reserve issued strong signals this week that the central bank is very concerned over the banking industry's exposure to commercial real estate loans and considers it to be a major stumbling block to the road to economic recovery.
https://snipurl.com/sejyo
Bankruptcy Filings Spiking: Chapter 7 Booming
It is interesting what passes for good news in today's market. For example, Alcoa announced a profit for the third quarter. Good news right? Well if you look into the details the company has cut 18,000 jobs in the 12 months ending on June 30th and also planned on cutting an additional $2.4 billion in costs. In this economic crisis people need to look at the details before assuming something is just good news.
https://snipurl.com/sejz5
From Information Clearing House
https://freepage.twoday.net/search?q=economic+crisis
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=recovery
https://freepage.twoday.net/search?q=Treasury
https://freepage.twoday.net/search?q=Federal+Reserve
https://freepage.twoday.net/search?q=budget+deficit
https://freepage.twoday.net/search?q=treasuries
https://freepage.twoday.net/search?q=bond+sale
https://freepage.twoday.net/search?q=TARP
https://freepage.twoday.net/search?q=bankruptcy
rudkla - 9. Okt, 09:39
