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10.11.2008, 19:17

Fed refuses to disclose who got loans

In the U.S. the Federal Reserve is refusing to disclose who has received almost $2 Trillion worth of taxpayer funded loans, or what collateral it is taking, according to Bloomberg. However, under the U.S. Freedom of Information Act the details of lending

Tokyo Prefecture, Japan 14.11.2008, 06:08

Japan weathers the economic storm

As the U.S. and Europe suffer the full force of the recession, things don’t seem that bad in the Far East. Residents there are optimistic and financial experts say Japan has both a geographical and political advantage in dealing with the crisis.

Real sectors of economy wait for Government funds to flow through

Published: 31 October, 2008, 14:41


Russia is channeling tens of billions of dollars into the financial system to prop up the economy. But many Russian companies complain the banks are not passing it on.

 
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