U.S. President Barack Obama delivered a speech on Monday, marking the first anniversary of the beginning of the acute phase of the crisis, reaffirming the determination of the Administration to continue financial sector reform, despite opposition from some banks and congressmen.
According to The Wall Street Journal, the president also announced plans of the administration to curtail state involvement in the financial sector, sharply increased as a result of anti-crisis measures.
the same day the Ministry of Finance will publish a document entitled The next phase, consisting of 33 pages of graphs.
We are moving from saving our financial system to the period ofstabilization, rehabilitation, reconstruction, - the document says.
The document does not set out new initiatives, but also describes ways to phase out measures to support financial markets.
While we turn off the emergency support program, which is no longer necessary, much of the financial system remains weak, - the document says. - It is reasonable to maintain the right to address unforeseen problems.
In connection with the one-year anniversary of the collapse of Lehman Brothers, shocked world markets, U.S. Treasury Secretary Timothy Geithner told the Financial Times, that the ability of authorities to combat the crisis has affected a year ago, the lack of relevant instruments under the law. According to him, until a new legislative mechanism needed for this, still not established.
U.S. administration intends to achieve the adoption of laws that give the administration the opportunity to take the necessary measures to prevent the development of crises. The question of a unified approach leading world powers to regulate financial markets will also be discussed at the upcoming G20 summit in Pittsburgh.
Among the interesting news today - the data on industrial production and employment in the euro area
Russia stock market today at the opening will record the results of the growth of the last few days, and the MICEX index goes to 1160
Tatarstan Arbitration Court allowed the claim to FAS Nizhnekamskneftekhim the recovery of the budget of 71 million rubles
Asian stock exchanges today, with the exception of China reduced
Asian indexes on Monday morning, falling behind by U.S. futures
Rate for the dollar has dropped - a morning review of cash markets
Experts: Stabilization of the hryvnia exchange rate will help to balance the market of oil
Ukraine - lack of milk production
Kommersant: Cabinet announced plans for the year
The United States announced the start of next phase of overcoming the financial crisis
U.S. President Barack Obama delivered a speech on Monday, marking the first anniversary of the beginning of the acute phase of the crisis, reaffirming the determination of the Administration to continue financial sector reform, despite opposition from some banks and congressmen.
According to The Wall Street Journal, the president also announced plans of the administration to curtail state involvement in the financial sector, sharply increased as a result of anti-crisis measures.
the same day the Ministry of Finance will publish a document entitled The next phase, consisting of 33 pages of graphs.
We are moving from saving our financial system to the period ofstabilization, rehabilitation, reconstruction, - the document says.
The document does not set out new initiatives, but also describes ways to phase out measures to support financial markets.
While we turn off the emergency support program, which is no longer necessary, much of the financial system remains weak, - the document says. - It is reasonable to maintain the right to address unforeseen problems.
In connection with the one-year anniversary of the collapse of Lehman Brothers, shocked world markets, U.S. Treasury Secretary Timothy Geithner told the Financial Times, that the ability of authorities to combat the crisis has affected a year ago, the lack of relevant instruments under the law. According to him, until a new legislative mechanism needed for this, still not established.
U.S. administration intends to achieve the adoption of laws that give the administration the opportunity to take the necessary measures to prevent the development of crises. The question of a unified approach leading world powers to regulate financial markets will also be discussed at the upcoming G20 summit in Pittsburgh.
Among the interesting news today - the data on industrial production and employment in the euro area
Russia stock market today at the opening will record the results of the growth of the last few days, and the MICEX index goes to 1160
Tatarstan Arbitration Court allowed the claim to FAS Nizhnekamskneftekhim the recovery of the budget of 71 million rubles
Asian stock exchanges today, with the exception of China reduced
Asian indexes on Monday morning, falling behind by U.S. futures
Rate for the dollar has dropped - a morning review of cash markets
Experts: Stabilization of the hryvnia exchange rate will help to balance the market of oil
Ukraine - lack of milk production
Kommersant: Cabinet announced plans for the year