Today news on Jacky’s Opinion

How businesses, economic and financial flow today?Let us see and analysis ourselves before some crucial decision are taken.
Reuter; Before the Bell wrote:
Treasury set to announce regulatory overhaul
March 31, 2008 07:53 AM ET
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson will reveal in full sweeping new plans on Monday for streamlining a hodgepodge of regulation faulted for permitting the U.S. mortgage crisis to balloon into a full-blown economic threat.
In my opinion, the mortgages problem in USA has been taken by their authority. In economic perfective, TIME LAG is uncertain time, short time or long run. no body knows. Market always find itself on equilibrium. Government (legal authority) has permitted and allow million dollar to solve this problem, in the short run the impact wasn’t worked. Let equilibrium find its self.
Housing secretary to resign: report
March 31, 2008 07:58 AM ET
WASHINGTON (Reuters) - The U.S. housing secretary will resign Monday morning under pressure after accusations of improper allocation of federal contracts, the Wall Street Journal reported in its Monday edition.
Weak dollar not at odds with policy: ex-US official
March 31, 2008 02:13 AM ET
HONG KONG (Reuters) - The dollar is likely to remain under pressure for the next few months at least, but its weakness is not inconsistent with the Bush administration’s strong dollar policy, former U.S. Treasury undersecretary Tim Adams said on Monday.
Credit crunch to cut global ad spend growth: Zenith
March 31, 2008 06:26 AM ET
LONDON (Reuters) - Spending on advertising in North America and Western Europe is expected to grow by 3.8 percent this year, lower than an earlier forecast of 4.4 percent, as the credit crunch saps confidence, a report said.
Credit Crunch (Property Crisis) is a very sensitive factor cause or impact to global economic. Asian Crisis was caused by Property Crunch. United Kingdom has been pull down and not cleared at all, America still down in credit crunch, Asia never surrender and scare with the power of credit crunch (problem in mortgages-property credit crisis).
To read all of this news, follow this link to read

Share/Save/Bookmark

Leave a Comment