Copyright (c) 2009 Hoopler.com. All rights reserved. http://www.hoopler.com/ECONOMICS Community hoop hosted by Hoopler en-us Sun, 21 Mar 2010 18:12:19 EST 5 139 56 http://www.hoopler.com http://www.hoopler.com/web/images/oo.png http://www.hoopler.com/xml/guid/10919 http://www.washingtonpost.com/wp-dyn/content/article/2010/03/21/AR2010032101111.html Sun, 21 Mar 2010 18:12:19 EST China's minister of commerce warned that United States on Sunday that if it launches a "trade war" against China by leveling punitive tariffs on Chinese imports, the United States would suffer the most. http://www.hoopler.com/xml/guid/9656 http://online.wsj.com/article/SB126263231055415303.html Mon, 4 Jan 2010 22:07:36 EST The number of Americans filing for personal bankruptcy rose by nearly a third in 2009, a surge largely driven by foreclosures and job losses. http://www.hoopler.com/xml/guid/8764 http://www.guardian.co.uk/environment/2009/nov/09/peak-oil-international-energy-agency%20 Tue, 10 Nov 2009 08:34:27 EST The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. http://www.hoopler.com/xml/guid/7452 http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.html Tue, 8 Sep 2009 12:46:00 EST The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War. http://www.hoopler.com/xml/guid/7216 http://www.reuters.com/article/marketsNews/idAFPEK1183220090831?rpc=44 Mon, 31 Aug 2009 23:12:53 EST "A Chinese agency said they reserve the right to walk away from bad derivatives contracts and that stirred up a lot of worry not only about the stock market but soybeans as well," said Paul Haugens, vice president at Newedge USA. http://www.hoopler.com/xml/guid/7059 http://online.wsj.com/article/SB125112547653253819.html Wed, 26 Aug 2009 00:08:55 EST The Federal Reserve chose a labor leader to succeed a former Goldman Sachs executive as the chairman of the Federal Reserve Board of New York's private-sector board of directors. http://www.hoopler.com/xml/guid/7049 http://www.bloomberg.com/apps/news?pid=20601087&sid=aNaqecavD9ek Tue, 25 Aug 2009 17:30:51 EST U.S. unemployment will surge to 10 percent this year and the budget deficit will be $1.5 trillion next year, both higher than previous Obama administration forecasts because of a recession that was deeper and longer than expected, White House budget chief Peter Orszag said. http://www.hoopler.com/xml/guid/7019 http://finance.yahoo.com/news/AP-source-Obama-to-nominate-apf-1900315200.html?x=0&.v=2 Mon, 24 Aug 2009 22:29:13 EST Federal Reserve Chairman Ben Bernanke, widely credited with taking aggressive action to avert an economic catastrophe after the financial meltdown last fall, will be nominated by President Barack Obama for a second term, The Associated Press learned Monday night. http://www.hoopler.com/xml/guid/6958 http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=87809&sn=Detail Fri, 21 Aug 2009 15:50:03 EST Zimbabwe's central bank governor Gideon Gono on Thursday proposed the introduction of a gold-backed local currency, which was destroyed by hyperinflation and replaced by multiple foreign currencies in January. http://www.hoopler.com/xml/guid/6905 http://money.cnn.com/2009/08/19/news/companies/ubs_irs/?postversion=2009081912 Wed, 19 Aug 2009 16:52:56 EST The Internal Revenue Service announced Wednesday that it has reached a deal with the Swiss government, gaining access to thousands of UBS AG accounts that Americans might have used to avoid paying taxes. http://www.hoopler.com/xml/guid/6890 http://news.bbc.co.uk/2/hi/business/8207174.stm Tue, 18 Aug 2009 19:03:41 EST China reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury. http://www.hoopler.com/xml/guid/6665 http://www.forbes.com/2009/08/11/federal-reserve-economy-business-washington-dollar.html Tue, 11 Aug 2009 20:03:19 EST http://www.hoopler.com/xml/guid/6649 http://www.cnbc.com/id/32369139 Tue, 11 Aug 2009 11:06:57 EST The Federal Reserve Bank of New York has embarked on a hiring spree, seeking to recruit traders to manage its bulging securities holdings, the Financial Times reported Tuesday. http://www.hoopler.com/xml/guid/6248 http://www.marketwatch.com/story/brazil-canada-pull-money-out-of-treasurys Tue, 21 Jul 2009 20:08:35 EST Brazil and Canada were among big sellers of Treasurys in the latest month for which data is available and the previous year, catching analysts off guard and raising speculation that quieter nations may be concerned about investing in the U.S. http://www.hoopler.com/xml/guid/6225 http://www.bloomberg.com/apps/news?pid=20601087&sid=a_84o9PPPGqk Thu, 16 Jul 2009 21:22:28 EST China overtook Japan as the world's second-largest stock market by value for the first time in 18 months, after government stimulus spending and record bank lending boosted share prices this year. http://www.hoopler.com/xml/guid/6224 http://www.bloomberg.com/apps/news?pid=20601087&sid=a5G8K0WrUgSM Thu, 16 Jul 2009 20:31:48 EST China's foreign-exchange reserves are surging again, helping the Obama administration sell unprecedented amounts of debt as it seeks to drag the world's biggest economy out of a recession. http://www.hoopler.com/xml/guid/6205 http://www.economicpolicyjournal.com/2009/07/fed-friendly-economists-in-panic-mode.html Wed, 15 Jul 2009 20:51:54 EST A group of Federal Reserve friendly economists have launched a petition calling on the Executive Branch and Congress to not interfere with the Federal Reserve. Here's the full text of the petition: http://www.hoopler.com/xml/guid/6195 http://www.wesh.com/money/20000575/detail.html Tue, 14 Jul 2009 22:56:51 EST What a person buys and where they buy it could have a devastating effect on a credit score, a WESH 2 News investigation revealed. http://www.hoopler.com/xml/guid/6194 http://uk.news.yahoo.com/18/20090714/tbs-geithner-urges-gulf-countries-to-inv-8cc5291.html Tue, 14 Jul 2009 21:34:57 EST US Treasury Secretary Timothy Geithner urged Gulf countries on Tuesday to invest in his country and praised their domestic investments for helping push the world economy back to growth. http://www.hoopler.com/xml/guid/6152 http://www.reuters.com/article/newsOne/idUSTRE56846L20090709 Fri, 10 Jul 2009 21:04:18 EST Legendary investor Warren Buffett said in an interview aired on Thursday unemployment could hit 11 percent and a second stimulus package might be needed as the economy struggles to recover from recession.