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Fed struggles to spur slowest recovery in memory

Economic Recovery

They’ve tried dumping $2 trillion in cash into the financial system, slashed overnight interest rates to zero and made an unprecedented promise to keep rates low for at least another two years.

 

Global "Day of Rage" mostly peaceful, Rome clears

The global "Day of Rage" against the world's financial system won some limited sympathy from political and economic leaders on Sunday, after protests that were peaceful everywhere but Italy.

Senh: That's how most protest should be - peaceful. Let's hope these protests will have positive effect on financial institutions and not just a blip on the map. It probably needs to be continuous and sustained in order for it to have lasting impact on the financial industry.

 

G20 must recommit to financial reforms: leaders

Progress has been made toward stabilizing the global financial system but G20 countries must recommit to deliver on reforms that led to the crisis, G20 steering group leaders said in a letter on Tuesday.

 

G-20 gridlock leaves financial system at risk

The top industrialized nations are in Pittsburgh to discuss ways to head off another financial collapse. But don't expect any major progress.

 

Obama Lays Out Economic G-20 Goal

President Obama said in his weekly radio address that the world’s leading economic powers had progressed in stabilizing the financial system but that work remained.

 

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