Indonesia to Attend G20 Summit

March 13th, 2009 • No Comments

Indonesian President Susilo Bambang Yudhoyono will attend the G20 summit in London on April 2nd, presidential spokesman Dino patti Djalal confirmed. Though the President faces legislative elections just one week later on April 9th which had until now cast doubts on whether he could attend, the spokesperson told the Jakarta post daily that his attendance is now guaranteed. Continue reading ‘Indonesia to Attend G20 Summit.’

State of California Launches Stimulus Accountability Plan

March 13th, 2009 • No Comments

Governor of California, Arnold Schwarzenegger announced the launch of a website dedicated to ensuring transparency and accountability in federal economic stimulus funds provided by the American Recovery and Reinvestment Act. Continue reading ‘State of California Launches Stimulus Accountability Plan.’

U.S. & Britain Urge More Spending

March 11th, 2009 • No Comments

Leading finance ministers in both London and Washington today stressed the importance of what they are calling sustainable, sustained commitment to stimulus necessary to lay the foundations for recovery. Both the U.S. and Britain urged leading economies to increase spending as a means to boost the world out of its global recession in conjunction with infrastructure overhauls which will prevent a recurrence. Continue reading ‘U.S. & Britain Urge More Spending.’

Stimulus-ho!

March 10th, 2009 • No Comments

Slow news day. The political world seems frozen with discussion of economic problems and issues with regard to stability policy, while the stock market sees significant green lights today of large scale growth signaling to investors that — for today — everything is okay. Continue reading ‘Stimulus-ho!.’