Obama Expects More U.S. Banks to Fail
Suggesting that banks have not yet fully released the extend of their losses, President Obama said in an interview today that “some banks won’t make it” but stressed that individual bank deposits would be safe. More
France Announces Economic Stimulus Plan
France’s Prime Minister Francois Fillon earlier today announced a plan to “revitalize” the French economy. Valued at €26 billion ($33.2 billion USD), the plan includes money earmarked for improvements to infrastructure and public services as well as direct aid to struggling businesses.
Oil Falls on Weak Demand
Oil for March delivery fell 4.4 percent in New York today to $40.05 a barrel. Futures are even lower at $39.83 indicating that investors expect oil to continue its decline. More
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Latest posts by Scott Boyd (see all)
- Japan’s Demographic Trap - 25 June 2012
- Officials Talk Openly of Greek Euro Exit - 16 May 2012
- Greek Voters Prepare to Roll the Dice - 15 May 2012