On FX, good to watch Iran/ ME news even as the world, eurozone is battling with risks of recession due to the eurozone sovereign debt crisis. USD/CHF at 0.9005-10, a tad supported by EUR/CHF buiying to 1.2400 handle, as SNB continues to warn that it is … 37 Vote(s) Read More USD CHF, EUR CHF [...]
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Barack Obama, the US President, tonight urged Europe to provide “strong” assurances that countries like Italy will be able to finance their debt. Read More Obama Europe must stand behind eurozone
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Obama expected to seek a new tax rate to ensure millionaires pay at least at the same percentage as less well off. Read More President Obama to seek a new tax rate for wealthy
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President Barack Obama has criticised European leaders for failing to tackle the debt crisis and has demanded “more effective, co-ordinated” fiscal policy. Read More President Barack Obama attacks European leaders over debt crisis
Posted in FX News | Tagged attacks, barack, crisis, debt, european, leaders, obama, over, president
Bernanke addresses a crowd in Minneapolis where he’ll discuss the economy. Later on Wednesday the Fed’s Beige Book will reveal further insight over the health of the central bank’s 12 districts. That summary will be used as a basis for discussion at the Fed’s forthcoming two-day policy meeting where hopes Read More Risk Rebound Dampens [...]
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Barack Obama warned that America’s prized AAA rating is in jeopardy and that the country is “almost out of time” to agree a deficit deal as GDP data showed the moribund state of the US economy. Read More Barack Obama issues plea after US GDP shock
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If the impasse over the US debt limit is not broken soon, President Barack Obama will be forced to decide how he will manage the crisis. Read More What could US President Barack Obama do if debt talks fail
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US President Barack Obama and top Congressional leaders are scrambling to agree a deal to raise America’s $14.3 trillion (?8.8trillion) debt ceiling before financial markets open on Monday. Read More Barack Obama warns of market meltdown if US debt talks fail
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The scale of the slowdown in US growth this year will be starkly underlined by new figures this week raising questions about whether the world’s biggest economy can regain momentum. Read More Barack Obama faces new headache as the US economy stumbles
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The Samalkot agreement was among the USD 10 billion-export deals translating to about 50000 US jobs that were inked by Obama and company during that … 41 Vote(s) Read More Reliance power plant creates jobs for Obama
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