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Federal Reserve extends monetary stimulus for another six months

The Federal Reserve extended on Wednesday its monetary stimulus to the US economic recovery renewing effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones. WT news feed

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Britain’s bank’s stimulus plan “has lined pockets of the rich”

Report shows wealthy do 240 times better out of QE than the poor. What a surprise. bertb news feed

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Former WH Economic Adviser: $833 Billion Stimulus Wasn’t Big Enough. (video)

Jared Bernstein, former chief economist and economic adviser to Vice President Joe Biden, said there should have been more economic stimulus spending beyond its current total of 3 billion to revive the...

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Battery maker that received stimulus money could be sold to Chinese company.

A bankrupt battery manufacturer that was a cornerstone of President Obama’s effort to make the United States a global leader in clean-energy technology could end up in the hands of a Chinese company...

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Report: Solar firms under investigation for stimulus swindle

The nation’s three most productive solar installation firms are under investigation for allegedly exaggerating business costs to get larger cash payments through a federal stimulus program. WT news feed

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Japan approves £73bn stimulus package.

Japan’s cabinet approved on Friday 10.3 trillion yen (£73bn) economic stimulus package in the biggest spending boost since the financial crisis as Prime Minister Shinzo Abe pursues an ambitious...

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Japan Finance Minister Models Policy After 1930s Stimulus.

Ah, the great 1930s! That was just before Japan invaded China and started a worldwide escalation of conflicts that led to the Second World War. bertb news feed

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Stimulus Package: $384,949 on Duck Genitalia Study.

The National Science Foundation (NSF) has awarded a 4,949 grant to Yale University for a study on “Sexual Conflict, Social Behavior and the Evolution of Waterfowl Genitalia”, according to the...

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