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Stimulus, not tax needed: Geithner

Reuters - 35 mins ago

ST ANDREWS, Scotland (Reuters) - U.S. Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behaviour. More »

G20 pledge to support economy until recovery firms
Reuters - 1 hour 18 mins ago
ST ANDREWS, Scotland (Reuters) - Group of 20 finance ministers and central bankers pledged on Saturday to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. More »
Wall Street rally gets second wind
AFP - 3 hours 22 mins ago
NEW YORK (AFP) - Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year. More »
Stocks shrug off U.S. jobs data
Reuters - Yesterday, 10:29 pm
NEW YORK (Reuters) - Global equity markets ended the week with gains on Friday, shrugging off initial shock at U.S. jobs data, but oil prices never fully recovered. More »
One last hurrah for risky assets before year-end
Reuters - Yesterday, 04:15 pm
LONDON (Reuters) - Risky assets such as equities and emerging markets may have scope for another rally before the year is out as policymakers renew pledges to keep economic boosters in place given high jobless levels and fragile banks. More »
Five world markets themes in coming week
Reuters - Yesterday, 04:10 pm
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. More »
EU finmins to firm up pledge for 2011 fiscal exit
Reuters - Yesterday, 02:53 pm
ST. ANDREWS, Scotland (Reuters) - Euro zone finance ministers will affirm next week a pledge to slash budget deficits from 2011 at the latest after forecasts showed economic recovery would continue over the next two years, sources said. More »
European stocks mixed ahead of US job figures
AFP - Yesterday, 12:11 pm
LONDON (AFP) - Europe's main stock markets diverged slightly on Friday ahead of the release of crucial US employment figures and as traders assessed more earnings reports. More »
ECB takes first step towards exit
Reuters - Thursday, November 5 05:40 pm
FRANKFURT (Reuters) - The European Central Bank took its first step towards the exit from its crisis steps on Thursday by signalling one-year loans to banks will not be repeated next year. More »
Top central banks yet to move for exit, some look for door
Reuters - Thursday, November 5 04:30 pm
LONDON (Reuters) - The top central banks have shown little inclination yet to choke off the extraordinary support given to economies shaken by global financial crisis but some have offered the first signs of changing tack. More »