Vol XXXVIII (No. 9), 09 Sep 2010
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China wants assurance of safety of its debts in U.S.

MIL, Mar 13, 2009


Beijing, China: March 13, 2009, Dr. Raj Baldev, Cosmo Theorist from India - China is well concerned about her debts in United States, which is nearly half of its $2 trillion in currency reserves invested in U.S. Treasuries and notes issued by other government-affiliated agencies and that's the issue where China looks to be perturbed.



Recession to stay long in America

MIL/NYT, Dec 2, 2008


Washington: December 2, 2008 - IR Summary/NYT - It's over a year when the US economy went into recession, probably it was December. If the circumstances are accounted for, there does not seem to be any substantial relief or big change in its reversal, the recession is very serious this time, occurred for the first time at such a high scale after World War II.



Shares Gone 6-Year Low, More Losses feared

MIL/NYT, Nov 20, 2008


November 20, 2008 - IR Summary/NYT - The stock market stumbled to its lowest level in nearly six years on Wednesday, Wall Street traders and many ordinary Americans were asking the same question: Where, oh where is the bottom?





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