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PETERSON INSTITUTE

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abtest

Lew calls for more efforts to boost global growth

By Martin Crutsinger | October 8, 2014 - 5:09am

Treasury Secretary Jacob Lew said yesterday that the US economy is strengthening, but he is concerned that other nations are not doing their part to boost global growth.

World

EU pushes US to include financial regulation in free trade deal

June 14, 2014 - 9:00pm

A top European Union (EU) official on Friday continued to push for the inclusion of financial regulation in a free trade agreement with the United States, saying it's vital to ensure global financial stability....

World

U.S. credit downgrade affects world economy

August 8, 2011 - 3:03pm

 The decision of Standard & Poor's (S&P) to strip the Untied States of its top-notch credit rating has shed light on the structural problems embedded in the U.S. economy and will exert far-reaching effects...

Strong dollar hurts US exports

February 16, 2010 - 10:45am

NEW YORK (AP) — Ben Bernanke and Tim Geithner keep saying that they support a strong dollar.

Asian countries want greater decision-making role

September 20, 2009 - 12:00am

Asian leaders gathering at next week’s economic summit in Pittsburgh will be demanding a greater voice in the way global financial institutions make crucial decisions. Likewise, the world’s established...

Business

Summers: Economy has moved back from catastrophe

July 18, 2009 - 2:00am

President Barack Obama's top economic adviser says the nation has moved back substantially from the brink of an economic catastrophe it faced at the beginning of the year.

World Bank chief economist proposes $2-trillion Global Recovery Fund

February 10, 2009 - 6:02am

WASHINGTON (Xinhua) -- World Bank Chief Economist Justin Lin yesterday called for the establishment of a $2-trillion Global Recovery Fund to help the low-income countries to cope with the current financial cris...