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Articles By: Gregory Cline
Emergency Loans: Fed To Reveal Beneficiaries
It is time for Americans to know how their monies were spent. According to the new United States financial rules that were enacted in July, the Federal Reserve will have to reveal those that benefited from the emergency loans between 2007 and 2009. During the peak of the economic meltdown in 2007, the American government [...]
Black Friday 2010: Americans Go All Out
Most Americans defied bad weather, long queues, terrible traffic and more importantly the recession, to go-all-out shopping on Black Friday. This Black Friday could go down in history as the busiest in the history of the United States. It was not only the number of shoppers that filled the shops that thrilled some economists. They [...]
AMA: Bieber Shines
Justin Bieber got the better of Usher during the American Music Awards. The more experienced Usher lost two awards to Bieber. Among the awards that Usher lost to Bieber was the top AMA honor, entertainer of the year. Bieber received 4 awards on the night- the most by any artist during the night. And by [...]
Korea Row Hits Markets Hard
Renewed tension on the Korean peninsula sent shares and stocks of some major exchanges in the world tumbling on Tuesday. The South Korean army reported that North Korean soldiers fired shells onto an Island in South Korea. The attack resulted in the death of a South Korean soldier and this prompted a response from the [...]
Bailout: Ireland Eats Humble Pie
The Irish government finally accepted to receive bailout funds from the International Monetary Fund and the European Union. Ireland had initially rejected the offer from the EU finance ministers but after series of meetings and negotiations, the Irish government finally ate the humble pie and accepted the loan. Ireland and the EU finance ministers will [...]