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“Green Economy” Failed to Trigger US Market

NEW YORK – The Barack Obama administration is concentrating on sustainable development and environmental protection giving involving huge employment to the Green Industries. But the Green Economy drive is not working in the interest of poor civilians especially who are from minority communities.

Salvage For Giant Fall

BOSTON– US Treasury Secretary Timothy Geithner and Congressman Barney Frank unveiled the fact about big banks. According to a controversial bill, the big banks will not be directed to economize. US government is striving to rescue financial institutions like Bank of America and AIG to shelter the whole financial system.

US Urges China to Heed Trade Deficit

BLOOMBERG– The combination of recuperating US economy and the fixed Yuan exchange value is going to worsen global economic imbalances. Based on economic fundamentals, it has been decided to settle a market oriented exchange rate that would make an essential contribution to the global finance rebalancing effort.

Global Recovery is Still Fragile

BLOOMBERG– While discussing about global economic standard, Justin Lin, the World Bank chief economist said the recovery is still “fragile” and “It’s important to discuss the quality of the fiscal stimulus instead of an exit.”