Tag Archives: USA

China tells Obama not to meet Dalai Lama

China this morning warned USA President, Barack Obama, that his plan to meet the Dalai Lama would further erode relations between the USA & China. The White House confirmed yesterday that President Obama would meet the exiled Tibetan leader. The … Continue reading

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USA to give larger Tax Credits for Home Insulation

As part of the American Recovery and Reinvestment Act the tax credit for home improvements has been increased from 10 percent to 30 percent of the cost and the maximum amount of the credit has been increased from $500 to $1,500. the original … Continue reading

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US recession to last 14 months

Economists in the private sector in the US believe that the economy fell into recession in the spring and now predict a sharp contraction in the fourth quarter of this year according to a Federal Reserve Bank of Philadelphia survey … Continue reading

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Obama 6 points ahead of McCain in race for whitehouse 2008

Reuters are this morning reporting that Obama now has a 6 point lead over McCain: Barack Obama has opened a

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Obama has 3 point lead over McCain in presidential race 2008

Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race over Republican John McCain with less than a month to go before the election, according to a Reuters/C-SPAN/Zogby poll released this morning. Obama leads McCain among likely … Continue reading

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USA prohibits free-market

In the latest move towards soviet style economics, US financial watchdogs today acted to

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Morgan Stanley next to disappear? merger or bust?

As Investment banks all over the world come to terms with the potency of their toxic assets, Morgan Stanley is weighing whether it should remain independent or merge with a retail bank whose assets fall in a more traditional framework. … Continue reading

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