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  • Editor's pick
    • BASRA, IRAQ - OCTOBER 18:  People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve. From Getty Images.

      BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.

    • Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008. From Reuters Pictures by Reuters.

      Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.

    • A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean. From Reuters Pictures by REUTERS.

      A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.

    • BANGKOK, THAILAND - AUGUST 30:  A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej. From Getty Images.

      BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.

  • Hot off the wire
    • Supporters of radical cleric Muqtada al-Sadr burn symbolic U.S. flags as they demonstrate against the security pact between Iraq and the U.S., in Baghdad's Shiite stronghold of Sadr City, in Baghdad, Iraq, Friday, Dec. 5, 2008. From AP Photo by Karim Kadim.

      Supporters of radical cleric Muqtada al-Sadr burn symbolic U.S. flags as they demonstrate against the security pact between Iraq and the U.S., in Baghdad's Shiite stronghold of Sadr City, in Baghdad, Iraq, Friday, Dec. 5, 2008.

    • Pakistan's President Asif Ali Zardari (L) meets Turkish Prime Minister Tayyip Erdogan in Istanbul December 5, 2008. Zardari and Afghanistan's President Hamid Karzai met in Istanbul on Friday during a summit organised by Turkish leaders President Gul and Prime Minister Erdogan. From Reuters Pictures by REUTERS.

      Pakistan's President Asif Ali Zardari (L) meets Turkish Prime Minister Tayyip Erdogan in Istanbul December 5, 2008. Zardari and Afghanistan's President Hamid Karzai met in Istanbul on Friday during a summit organised by Turkish leaders President Gul and Prime Minister Erdogan.

    • NEW YORK - DECEMBER 04:  Actor Harold Pirraneau attends the 2008 Stockings with Care celebrity bartending night at Bar 13 on December 4, 2008 in New York City. From Getty Images.

      NEW YORK - DECEMBER 04: Actor Harold Pirraneau attends the 2008 Stockings with Care celebrity bartending night at Bar 13 on December 4, 2008 in New York City.

  • Recently starred
    • A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93. From Reuters Pictures by REUTERS.

      A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93.

    • A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008. From Getty Images by AFP/Getty Images.

      A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008.

    • Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009. From Getty Images by AFP/Getty Images.

      Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009.

    • People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march. From Reuters Pictures by REUTERS.

      People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march.

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Federal Reserve / Articles Organization

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...need to be inspired by the president or other financial leaders like the secretary of the Treasury or the chairman of the Federal Reserve. President Carter attempted this, with mixed results, when he asked everyone to don a sweater in the 1970s to save energy. If...
...the European Central Bank by 75 bps and the Swedish Riksbank by 175 bps." Turning to the release of reserves by the South African Reserve Bank (SARB) earlier, Nedbank said the improvement of the international liquidity position reflected mainly the rise in...
...Treasury has already considered how to undertake bulk purchases as part of its work under EESA,” he said, “and the Federal Reserve has submitted to Congress an analysis of bulk purchases.” EESA is the Emergency Economic Stabilization Act – the proper name...
...been carried out under a simplified procedure applied to deals that arouse no suspicion of harming competition. The U.S. Federal Reserve cleared the deal last month. Bank of America, the largest U.S. depository bank, has total consolidated assets of $1.8...
...columnist and Princeton University economist, who quoted her "muddled metaphor index" in his blog. Analysts at the Federal Reserve also footnoted one of her posts in the Fed paper "Understanding the Securitization of Subprime Mortgage Credit." The Wall Street...
...much longer. Especially when foreclosure problems and unemployment look like they will get worse before they get better.. The Federal Reserve looks like they are determined to throw as much money at the problems as possible with the current discount rate essentially...
...said, would fall between $75 billion and $125 billion. Carper said he was disappointed that, given all of the measures the Federal Reserve and Treasury have taken, "none of it is working as well as any of us would like." He faulted the Bush administration...
...nominally seeking $34 billion in aid, say they would accept a government-run restructuring. Then there is the hope-the-Federal Reserve-steps-in option, the one that allows the politicians to avoid compromise. As for the CEOs of the Big Three, they are now...
...will continue to lower their lending rates. The Bank of England and the European Central Bank went Thursday, while the Federal Reserve steps up to the plate Dec. 16, at which time it is expected to slash its key lending rate by 50 basis points to 0.5 per cent....
...support one in 10 U.S. jobs, are less deserving of assistance than Wall Street banks and insurance companies. "If the Federal Reserve and the Treasury Department, under President Bush, can find $30 billion for Bear Stearns, if they can concoct a $150 billion...

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