Financial Crisis - Bush: “Congress must act on decisive action” |
|
The House of Representatives has rejected the Bailout Plan with more than two thirds of Republican congressmen voting against it. Numbers say that 205 representatives agreed, while 228 were against it. US president, George W. Bush, said that he is "very disappointed" by the outcome of this plan designed by his own administration. After that president Bush has called for an urgent action in order to avoid a "painful and lasting" economic damage, "For the financial security of every American,
Filed under: Fundamental
Latest Posts
- The year-end high at 0.9805
- Euro should spend Q1 2009 getting used to current levels and consolidating between 1.2500 and 1.5000
- The biggest ever percentage quarterly fall
- $/yen, final new lows over next few weeks ?
- Why Non-Farm Payrolls Could Rebound in December
- Today’s Live Show: The USD Ahead of Non-Farm Payrolls
- GBP should recover in the next six months
- Chart of the Day - GBP/USD
- U.S Market Update
- Forex Trading: GBP/USD Moves Lower | Daily Markets
- The collapse in H2 2008 was so fast
- Dollar/Yen moves in the second half of last year were a bit bigger than we had expected
- The Bank of England cut rates today by 50 bps, to 1.50%
- Currency Currents
- Euroland: German industry in free fall