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Greece's Financial Crisis Is Over, Neighbors Have Room to Move, Prodi Says The worst of Greece’s financial
crisis is over and other European nations won’t follow in its
path, said former European Commission President Romano Prodi.
Stocks Climb as Concern Over Greek Fiscal Crisis Eases; Dollar Trims Gains Stocks rose, erasing losses for the
year for a gauge of emerging markets, while Treasuries fell and
the dollar trimmed gains as China said exports soared by the
most in three years and concern over Greece’s deficit eased. The
British pound weakened as U.K. manufacturing contracted.
Nobel Laureate Spence Says U.S. Economic Recovery to Take `Several Years' The U.S. faces an extended recovery
from the recession even after the government infusion of cash
into stimulus programs and the banking system, said Andrew
Michael Spence, a Nobel laureate in economics.
Tullett Prebon Says It's Discussing Possible Sale of Company; Shares Jump Tullett Prebon Plc, the British
inter-dealer broker led by Terry Smith, said it’s in talks about
a possible sale of the company.
Fed `Extended Period' Rate Pledge Called Inflexible by Four Policy Makers The Federal Reserve’s pledge to
keep interest rates close to zero for an “extended period” has
come under criticism from policy makers who say it’s restricting
their room to maneuver as the economy recovers.
Dollar Optimism Soars to Highest Since 2008 as Economic Outlook Rebounds Investors are the most bullish on
the dollar since the collapse of Lehman Brothers Holdings Inc.
on speculation the U.S. economy will expand at a faster pace
than in Europe and Japan, a survey of Bloomberg users showed.
Biden Says Israel, Palestinians to Be Held Accountable for Peace Obstacles Vice President Joe Biden said Israel
and the Palestinians will be held “accountable” for actions
jeopardizing peace efforts, such as Israeli approval of a plan
for new homes in east Jerusalem.
Obama's Health-Care Push Gets Challenge From Coalition of Business Groups President Barack Obama is facing a
renewed push against his health-care legislation as a coalition
of business groups plans to spend as much as $1 million a day on
advertisements to pressure lawmakers into voting “no.”
Brazil's Lula Asks Obama to Quickly Negotiate End to Cotton Trade Dispute Brazilian President Luiz Inacio
Lula da Silva asked U.S. President Barack Obama to “quickly”
negotiate the end to a trade dispute over cotton subsidies that
led him to raise tariffs on over 100 U.S. goods this week.
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