NEWS
- Fed will not allow unorthodox policies to lead to inflation
surge, but may need to do more to ease credit, Fed's No. 2 says
- Euro zone econ should start recovering in 2010 after tough
2009, European Central Bank President Jean-Claude Trichet says
- Paul Volcker, Obama economic adviser, says U.S. recovery
will be a "long slog" but rate of decline "is going to slow"
- U.S. housing sales near a bottom, a third of sales now of
foreclosed properties, Freddie Mac chief economist says
- China's sovereign wealth fund to consider investment
opportunities in Europe, has identified potential targets there
In short terms,every thing will rapidly come to a good stand at the begining of 2010.
For a example,Citi Bank group pulled a rabbit out of a hat in the first quarter.
The company managed to turn in a profit this quarter by one measure, its first quarter of positive net income since 2007.
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