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US Treasury Chief says economy has turned the corner

Higher Ed
1. Medium shot Alan Greenspan, United States Federal Reserve Chairman, at Senate Budget Committee hearing 2. Wide shot Senators in panel listening 3. SOUNDBITE (English) Alan Greenspan, United States Federal Reserve Chairman: "It's clear...
Instructional Video1:22
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Stocks tumbled on Tuesday after the Fed cut a key interest rate, trying to restore investor confidence clouded by recession fears. But analysts say the Fed's move may not be enough

Higher Ed
HEADLINE: After rate cut, U.S. market roiled CAPTION: Stocks tumbled on Tuesday after the Fed cut a key interest rate, trying to restore investor confidence clouded by recession fears. But analysts say the Fed's move may not be enough....
Instructional Video1:51
Curated Video

+4:3 Standard Chartered to pay NY state $340M to settle Iran money probe

Higher Ed
Shares in Standard Chartered PLC rallied on Wednesday after news that it had agreed to pay 340 (m) million US dollars to a New York state regulator to settle accusations that it hid illegal transactions with Iran and violated US...
Instructional Video1:33
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In one of his last speeches, Chairman Ben Bernanke said the Federal Reserve's willingness to make "tough but necessary decisions" was one of its greatest assets over the last 100 years. (Dec. 16)

Higher Ed
FOR CLEAN VERSION SEE STORY NUMBER: apus002592 Joined by his two predecessors, Ben Bernanke marked the 100th anniversary of the Federal Reserve by reflecting on the bold actions past chairmen have had to take in the best interest of the...
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USA - Greenspan comments on economic turmoil

Higher Ed
US Federal Reserve Chairman Alan Greenspan on Wednesday (29/10) said this week's stock slide should dampen the unsustainable pace of the US economy. SOT US Federal Reserve Chairman Alan Greenspan declaring before the congressional Joint...
News Clip1:26
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The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January. (Dec. 18)

Higher Ed
FOR CLEAN VERSION SEE STORY NUMBER: apus002720 The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases...
News Clip2:58
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USA: JAPANESE FINANCE MINISTER MIYAZAWA MEETS ROBERT RUBIN (2)

Higher Ed
Eng/Jap/Nat U-S and Japanese officials have concluded high-level talks in San Francisco with no new policy commitments from Japan on how it plans to revive its sagging economy. and new Japanese Finance Minister Kiichi Miyazawa told...
News Clip1:10
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Federal Reserve Chairman Ben Bernanke says America's recession "probably" will end this year if the government succeeds in bolstering the banking system.

Higher Ed
HEADLINE: Bernanke: Recession could end in '09 CAPTION: Federal Reserve Chairman Ben Bernanke says America's recession "probably'' will end this year if the government succeeds in bolstering the banking system. Bernanke's comments came...
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US Fed chief paints favorable economic outlook

Higher Ed
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening.
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Powell on unemployment and inflation

Higher Ed
Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. A relationship between the two existed "50 years ago" but that has gotten...
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Powell: unemployment, inflation relationship gone

Higher Ed
FOR CLEAN VERSION SEE STORY NUMBER: apus120193
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Powell on US unemployment and inflation

Higher Ed
Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. A relationship between the two existed "50 years ago" but that has gotten...
News Clip2:05
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Greenspan says trade deficits have not harmed US economy

Higher Ed
1. US Federal Reserve Chairman, Alan Greenspan enters 2. Audience 3. SOUNDBITE: (English) Alan Greenspan, US Federal Reserve Chairman: "Spreading globalisation has fostered a degree of international flexibility that has raised the...
News Clip1:43
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US markets recover slightly after heavy losses

Higher Ed
1. Mid of traders 2. SOUNDBITE: (English) Alan Valdes, DME Securities: "In general we have a lot of problems. Not to mention in Europe. Europe is number one on our radar screen. Much more than this S&P downgrade because if Italy or...
News Clip2:25
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Federal Reserve Chairman Ben Bernanke told Congress Thursday that the United States' economic outlook has deteriorated and signaled that the central bank is ready to keep on lowering a key interest rate, as needed, to shore things up

Higher Ed
HEADLINE: Bernanke ready to continue cutting rates CAPTION: Federal Reserve Chairman Ben Bernanke told Congress Thursday that the United States' economic outlook has deteriorated and signaled that the central bank is ready to keep on...
News Clip1:29
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USA: WASHINGTON: NEW 50 DOLLAR BILL UNVEILED

Higher Ed
English/Nat The U-S has unveiled a new 50 dollar bill designed to make it tougher for counterfeiters - but easier for the visually impaired. U-S Treasury Secretary Robert Rubin launched the note on Thursday, saying the new anti-forgery...
News Clip2:38
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Janet Yellen testifies to Joint Economic Committee hearing on economic outlook

Higher Ed
Federal Reserve Chair Janet Yellen said on Wednesday that the US economy was improving, but noted that the job market remained "far from satisfactory" and that inflation was still below the Fed's target rate. Speaking to Congress' Joint...
News Clip2:28
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HK, Beijing, London, Frankfurt markets rally after Monday's falls

Higher Ed
London, UK 18 March 2008 1. Wide of skyscrapers in London's financial district 2. Wide of BGC Partners trading floor 3. Various of dealers on trading floor 4. SOUNDBITE (English) Howard Wheeldon, BGC Partners: "I think the Fed will cut...
News Clip1:38
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World stocks continue rise, comment from German analyst

Higher Ed
1. Wide Frankfurt Stock Exchange 2. Various traders working 3. SOUNDBITE (German) Dirk Mueller, analyst, ICF Kursmakler: "We're pushing a lot of these gains in the last hours from the Federal Reserve interest rate reduction. It gave us...
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USA: WASHINGTON: ALAN GREENSPAN ECONOMY SPEECH

Higher Ed
English/Nat U-S Federal Reserve Chairman Alan Greenspan said on Tuesday the economy surpassed expectations in 1996, but warned the good news on inflation may be ending as low unemployment leads to rising wage demands. In his first...
News Clip1:58
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Bernanke says fiscal cliff standoff already hurting economy

Higher Ed
1. Wide, US Federal Reserve Chairman Ben Bernanke enters news conference 2. SOUNDBITE: (English) Ben Bernanke, US Federal Reserve Chairman "Clearly the fiscal cliff is having effects on the economy, even though we've not yet even reached...
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WRAP President Bush on meltdown, IMF-World Bank meeting

Higher Ed
1. Wide of US President George W. Bush walking to podium on the Rose Garden 2. Cutaway of Bush 3. SOUNDBITE: (English) George W. Bush, US President: "We've seen that problems in the financial system are not isolated to the United States....
News Clip2:33
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USA: ALAN GREENSPAN SAYS MARKET TURMOIL MAY KEEP INFLATION DOWN

Higher Ed
English/Nat The U-S federal reserve chairman says that volatility in the financial markets may help the American economy by keeping a lid on inflation. Alan Greenspan believes that as long as the stock sell off doesn't get out of...
News Clip2:34
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Greenspan says stability of economy still vulnerable

Higher Ed
1. US Chairman of the Federal Reserve Alan Greenspan walking in to hearing 2. Wide shot of hearing 3. Greenspan being sworn in 4. SOUNDBITE (English) Senator John Sununu, Republican, New Hampshire: "Mr Greenspan, my staff were hoping...