WASHINGTON, Oct 8 (Reuters) – Republicans urged President Barack Obama on Thursday to roll back “Buy American” provisions of this year’s economic stimulus package that they said were delaying public works projects and costing American jobs.
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Republicans urge Obama to roll back “Buy American” public-works mandates
ANALYSIS-Obama faces clamor for action on economy
By Caren Bohan
WASHINGTON, Oct 8 (Reuters) – As the U.S. unemployment rate climbs toward 10 percent, President Barack Obama is facing a rising clamor from within his Democratic party to take new steps to lift the economy and jump-start job growth. (more…)
IMF’s Strauss-Kahn sees G20 keeping stimulus stance
PARIS, Sept 14 (Reuters) – Leaders of the Group of 20 nations will probably maintain stimulus policies for the moment as the crisis continues despite recent hopeful signs in some economies, IMF chief Dominique Strauss-Kahn said on Monday. (more…)
U.S. banks to be first to shed government support – economists poll
By Nigel Davies
LONDON, Sept 11 (Reuters) – U.S. banks are expected to be free of bailout obligations like those owed to the Troubled Asset Relief Program within two years, a Reuters poll of economists found on Friday, but European lenders were seen taking longer to cut loose from public support.
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Aided banks may face asset sale under new EU rules
By Foo Yun Chee and Huw Jones
BRUSSELS/LONDON, July 16 (Reuters) – Crisis-hit banks seeking European Union regulatory approval for state aid may have to sell assets and curb their market and geographical expansion, according to a draft EU document on bank restructuring rules.
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Bank of England’s Besley-too soon to know when to unwind QE
LONDON, July 2 (Reuters) – It is too early for the Bank of England to judge when it will need to start withdrawing the massive stimulus it has delivered to the economy, policymaker Timothy Besley said on Thursday.
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