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Sunday, 26 October 2008 |
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In the rush of thoughts to help the auto industry, the Congress is considering to reinstate a tax deduction program for the interest paid for consumer loans, but modify it to increase the trade of domestically constructed automobiles. |
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Thursday, 23 October 2008 |
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Money markets are facing dwindling yield due to the interest rate cuts declared by the Federal Reserve.Over the past 13 months the Federal Reserve has been facing monetary crisis that pulled down the financial system of the country. |
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Wednesday, 22 October 2008 |
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Based on McCain's plan, the government would be purchasing failing mortgages from homeowners and they would be providing with new fixed mortgages. At a meeting in Seattle on Monday night, Steve Preston, the Housing and Urban Development Secretary stated that McCain's plan would ultimately put the loss on the taxpayers when financial institutions obtain the threat. |
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Tuesday, 21 October 2008 |
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Dana Perino, White House Press Secretary stated that the President George W. Bush was ``open to the idea of a new stimulus.” |
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Monday, 20 October 2008 |
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The OTP Bank, one of Hungary’s largest bank will carry on with foreign currency-denominated lending, however, it will tighten the conditions and it will change in some of the terms associated with it. |
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