Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Archive for 19. Juni 2009

Some Lawmakers Question Expanded Reach for the Fed

Posted by hkarner - 19. Juni 2009

Aus der gestrigen NYT: Kritisch zu den (richtigen) Ansätzen Obama’s, die Regulierung zu verschärfen. Aber das kann doch nicht über die Fed passieren. Dann passen die Hunde auf die Knackwürste auf.

WASHINGTON — No sooner had President Obama proposed a new regulatory road map for the country’s financial system on Wednesday than senior lawmakers expressed reservations about one of the plan’s central elements — to broadly expand the reach of the Federal Reserve to regulate financial risk across the entire system. Den Rest des Beitrags lesen »

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Question Mark Over Bulgaria’s Economy: Will It Turn to the IMF?

Posted by hkarner - 19. Juni 2009

Bulgaria’s economy is exhibiting a number of weaknesses, including the highest current-account deficit among emerging markets, and risks having its credit rating cut to below investment grade. Analysts are speculating Bulgaria will soon need to turn to the IMF for a rescue package. See Bulgaria Economic Outlook: Signs Of Stress Raise Concern

June 18: Sofia Mayor Boiko Borissov, who is vying to lead the government after July 5 elections, says Bulgaria needs an IMF loan. His GERB party defeated the ruling Socialist-led coalition government in the European Parliament elections on June 7, gaining 24.5% of the votes

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