December 06, 2022 | Daily Business Review
Here's Goldman Sachs' Take on World Economy Through 2075Goldman Sachs analysts said slower population growth will present "a number of economic challenges," such as how nations will pay for rising health costs of their aging populations.
By Simon Kennedy
2 minute read
March 19, 2008 | Daily Report Online
Israel's bank chief: Bernanke to get on top of credit crunchBy Simon Kennedy and Elliott Gotkine
4 minute read
September 01, 2010 | Daily Report Online
Fed faces skepticism on recovery measuresFederal Reserve officials face another round of reports projected to show weakening growth amid skepticism they have the firepower to deliver on Chairman Ben S. Bernanke's pledge to avoid a relapse into recession. Bernanke, in his Aug. 27 speech to central bankers and economists in Jackson Hole, Wyo., made his strongest statement yet that the Fed alone can't keep the recovery going.
By Scott Lanman and Simon Kennedy
6 minute read
February 02, 2010 | Daily Report Online
Economists offer bleak outlook for U.S.Nouriel Roubini, the New York University professor who anticipated the financial crisis, said the U.S. growth outlook remains "very dismal" and White House economic adviser Lawrence Summers said the economy is still mired in a "human recession." Speaking at the World Economic Forum's annual meeting in Davos, Switzerland, after the U.
By SIMON KENNEDY AND ERIC SHATZKER
5 minute read
February 06, 2008 | Daily Report Online
Central bank leaders stage interventionBy Simon Kennedy and John Fraher
6 minute read
September 24, 2008 | Daily Report Online
U.S. may find painful parallels in Nordic bailoutIf Henry Paulson and Ben S. Bernanke want to know what happens when central banks and governments bail out financial institutions, they should be "learning Swedish." That's the suggestion of Charles Dumas, a director at Lombard Street Research in London. He says the effort by Finland, Sweden and Norway to save troubled banks in the early 1990s is the closest parallel to the market-rescue plan being engineered by the U.
By Simon Kennedy
5 minute read
January 04, 2008 | Daily Report Online
Bernanke, King risk inflation to extend growth partyBen S. Bernanke, Mervyn King and fellow central bankers may go on filling up the world economy's punch bowl in 2008, even at the risk of an inflationary hangover. Signs that the party is ending for global growth are keeping monetary policy leaning in the same direction at major central banks, with those in the U.K. and Canada likely to join Bernanke's Federal Reserve in cutting interest rates again.
By Simon Kennedy
6 minute read
August 25, 2009 | Daily Report Online
Bankers warn recovery shouldn't delay reformCentral bankers warned that a global economic recovery shouldn't delay an overhaul of financial-market regulations following the worst banking crisis since World War II.Federal Reserve Chairman Ben S. Bernanke used a weekend Fed symposium to single out the creation of rules limiting risk as one of the "difficult challenges" ahead.
By Scott Lanman, Kathleen Hays and Simon Kennedy
5 minute read