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THE US economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, US treasury secretary Henry Paulson said. Mr Paulson also said he was optimistic Congress ... Publ.Date : Sun, 20 Jul 2008 23:04:00 GMT
WASHINGTON, July 20 (Reuters) - The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, U.S. Treasure Secretary Henry Paulson said on Sunday. Paulson ... Publ.Date : Sun, 20 Jul 2008 15:26:00 GMT
WASHINGTON: The US economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said. Paulson also said on Sunday morning news ... Publ.Date : Sun, 20 Jul 2008 22:50:00 GMT
A senior Bush administration official says the United States economy is going to need months to recover from a slump that has been sparked by the housing crisis. US Treasury Secretary Henry Paulson concedes that the subprime mortgage crisis, the ... Publ.Date : Sun, 20 Jul 2008 20:48:00 GMT
The British economy is falling into a recession that could be deep and painful if interest rates are not cut sharply right now, says Professor David Blanchflower, a member of the Bank of England's monetary policy committee (MPC). Blanchflower, who ... Publ.Date : Sun, 20 Jul 2008 23:19:00 GMT
US President George W Bush has assured Americans that the battered US economy will "pull through" despite continuing housing woes and a spike in inflation. "I have great confidence that our economy will pull through this difficult period, because I ... Publ.Date : Sun, 20 Jul 2008 05:18:00 GMT
A senior US Treasury official has welcomed Freddie Mac’s efforts to continue raising capital from private investors after a government rescue plan for the troubled mortgage firm and its sister company Fannie Mae was announced. David Nason ... Publ.Date : Sun, 20 Jul 2008 22:28:00 GMT
NEW YORK -(Dow Jones)- U.S. Treasury Secretary Henry Paulson said Sunday it will take months for the economy to recover from high energy prices, declining property values and financial market woes. Appearing on CBS' 'Face the Nation,' Paulson said ... Publ.Date : Sun, 20 Jul 2008 15:55:00 GMT
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