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Paulson: No `Quick Fixes` for Slowdown Record-high oil prices will likely mean a longer economic slowdown, with no 'quick fixes' in sight, U.S. Treasury Secretary Henry Paulson said in London on Thursday -- a day when the cost of a barrel of crude held firmly over $145. washingtonpost.comDiabetes-drug testing pushed WASHINGTON - Diabetes drugs should face tougher safety standards that could cost manufacturers millions, but protect patients from unforeseen heart risks, a government panel recommended. The Philadelphia InquirerHow to Keep Mid-Level Execs From Flying the Coop These days, I'm often asked about the health of the technology sector. Granted, some people say the economy of the San Francisco Bay Area doesn't reflect the rest of the country, but indications point to the fact that technology industries appear to be relatively unscathed by the economic downturn. E-Commerce TimesPaulson: no quick fix for oil price LONDON (AP) -- U.S. Treasury Secretary Henry Paulson warned Thursday that rising oil prices are likely to prolong the world economic slowdown.... The Arizona RepublicRed screens all round on Asian markets Wall street continued to be under pressure, dragging down battered asian markets still reeling from the impact of surging oil prices and a gloomy economic outlook FT.comPrice of Oil Rises Again, Rattling the Markets Crude oil closed at $143.57 a barrel, another record, sending shudders through financial markets already worried about the prospect of a global economic slowdown. The New York TimesPaulson: inflation becoming top global focus LONDON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Thursday inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll. ReutersPaulson: No quick fix for oil prices U.S. Treasury Secretary Henry Paulson warned on Thursday that record oil prices are likely to prolong the world economic slowdown. 'I think that the oil prices are a strong head wind and at this level, they have got a high risk that they are going to prolong... San Francisco ChronicleChime and DMG buck the downward trend The two marketing services groups give upbeat trading news and are confident about the future in spite of tougher market predictions by larger advertising groups FT.comWill the ECB raise interest rates beyond July?ameinfo.com 1 2 |
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