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Obama rounds out economic team
CHICAGO - Former Federal Reserve chairman Paul Volcker will head a new White House panel to help President-elect Barack Obama create jobs and bring stability to the ailing financial system.
People:Robert Gates Gordon Brown Barack Obama Jimmy Carter Hillary Clinton Activities:Obama Admin. 2008 Global Recession
2008-11-26
Britain fights recession with huge stimulus package
LONDON (AFP) - The British government on Monday launched a major economic stimulus package worth 20 billion pounds to reignite consumer spending and help the country recover from a deep and painful recession.
Nations:U.K. People:Gordon Brown Activities:2008 Global Recession U.K. Brown Admin. Source:(AFP)
2008-11-24
Britain to hit rich to fund tax cuts as recession looms
LONDON (AFP) - The British government is expected to hit the rich to pay for tax cuts aimed at getting consumers spending again in an economic stimulus package set to be unveiled Monday.
Nations:U.K. France People:Gordon Brown Activities:2008 Global Recession Source:(AFP)
2008-11-24
Britain set to slash tax on goods and services
LONDON (AFP) - The British government is on Monday set to announce a cut in value added tax (VAT) to 15 percent from 17.5 percent to stimulate spending on goods and services as Britain faces recession, reports said.
Nations:U.K. People:Gordon Brown Activities:Global Financial Crisis Source:(AFP)
2008-11-23
ECB chief says no signs yet of eurozone deflation
LONDON (AFP) - The head of the European Central Bank, Jean-Claude Trichet, said Tuesday that he had not yet seen deflation trends in the eurozone, which has taken a hit from the global financial crisis.
Nations:U.K. People:Gordon Brown Activities:Global Financial Crisis
2008-11-18
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