Tuesday, March 13, 2012

Obama denounces China on rare earth metals


Obama denounces China 
on rare earth metals
March-13-2012--US President Barack Obama Tuesday accused China of breaking global trade rules by restricting exports of rare earth elements used in an array of hi-tech products from iPods to wind turbines . 
INFO-AWARENESS , VIKEN Z KOKOZIAN 
Romney looks for breakthrough 
in South tonight
March-13-2012-- Mitt Romney was looking for a Southern breakthrough as he faced rivals Newt Gingrich and Rick Santorum in Republican presidential primaries today in Alabama and Mississippi All three hopefuls competed heavily in the two Deep South states. 
Romney and his allies outspent the rival campaigns.
INFO-AWARENESS , VIKEN Z KOKOZIAN 
Fed Says 15 of 19 Banks 
Have Adequate Capital in Stress Scenario
March-13-2012--Play Results of Fed Bank Stress Tests The Federal Reserve said 15 of the 19 largest US banks could maintain adequate capital levels even in a severe recession that assumes they keep paying dividends and buying back stock.
Today’s results of the central bank’s stress tests show that nearly three years of economic expansion have helped U.S. banks raise profits, rebuild capital, and increase liquidity 
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Fed Notes Better Economy, 
Takes No Policy Action
March-13-2012--The Federal Reserve sketched a mildly brighter view of the economy after a burst of hiring since its last meeting. It took no further steps to aid the recovery and repeated its plan to keep short-term interest rates near zero through 2012.
INFO-AWARENESS , VIKEN Z KOKOZIAN
New York to Settle Some Mortgage Claims 
With 5 Banks
March-13-2012--Five of the nation's biggest banks have agreed to pay New York a total of $25 million to settle claims by New York State Attorney General Eric Schneiderman regarding their use of a private national mortgage electronic.
INFO-AWARENESS , VIKEN Z KOKOZIAN 


Fed sees economy improving, 
but leaves interest rates alone
March-13-2012 --The Federal Reserve upgraded its outlook Tuesday, saying it expects the economy to grow moderately this year, but the central bank held to its forecast that interest rates will likely stay near zero until at least 2014.
INFO-AWARENESS , VIKEN Z KOKOZIAN

Jobless Rates Decline in Key States
March-13-2012--Joblessness remains high but has fallen in a handful of states expected to be closely contested in November, a turnaround from a year ago that has shifted the political debate in the presidential election. 
U.S. unemployment declined to 8.3% in January from 9.1% a year earlier, and the drop was more pronounced in a group of states that could tilt the election, Labor Department data released.
INFO-AWARENESS , VIKEN Z KOKOZIAN


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