Posted by alfied on July 3, 2008
MOSCOW, June 30 (RIA Novosti) – The United States intends to set favorable conditions for investment, including from Russia, the U.S. treasury secretary said Monday in Moscow.
At a meeting with the Russian prime minister, Henry Paulson told Vladimir Putin that the U.S. welcomed investment, including from state sources, and would do everything to make sure the investment flows continue. Read the rest of this entry »
Posted in Multipolar world | Tagged: Fall of the empire | Leave a Comment »
Posted by alfied on July 2, 2008
They say correction, we say depression; either way, it’s coming down.
The risks of a painful correction in the economy are increasing, judging by economic data showing new mortgage lending has collapsed, consumer confidence near all-time lows, and lower productivity that will put pressure on businesses to cut jobs. Read the rest of this entry »
Posted in Financial crisis | Tagged: Fall of the empire | Leave a Comment »
In These New Times 