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France cornered amid EU deficits charge
BRUSSELS (AFP) - France was cornered among Europe's big guns on Tuesday as it sought to avert a public slap from the European Union this week over ballooning deficit levels.
Nations:France Estonia Luxembourg Denmark Bulgaria Finland Source:(AFP)
2009-11-10
For Americans, deficit pain is felt close to home
MIAMI (Reuters) - Christopher O'Neill is worried about the deficit. The deficit, that is, in his personal income after the 26-year-old Miami finance analyst was forced to find a temporary job paying $20,000 a year less than he earned until January when he was laid off from his auditor's post in Miami.
Nations:U.S. India People:Barack Obama Activities:2008 U.S. Recession Source:(Reuters)
2009-11-04
Federal deficit hits all-time high $1.42 trillion
WASHINGTON - The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy.
People:Barack Obama Activities:Obama Admin. 2008 U.S. Recession Source:(AP)
2009-10-16
Sagging consumer view tempers output optimism
NEW YORK (Reuters) - U.S. consumer sentiment fell unexpectedly this month, tempering optimism inspired by news of a rise in U.S. industrial production in September for a third consecutive month.
Activities:2008 U.S. Recession
2009-10-16
Obama seeks G-20 support to repair global economy
WASHINGTON - President Barack Obama says he is determined to go after the "reckless risk-taking" that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward.
Nations:U.S. China People:Timothy Geithner Nicolas Sarkozy Gordon Brown Angela Merkel Barack Obama Activities:Obama Admin.
2009-09-22
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