Global Financial Crisis
The reason for the subprime mortgage crisis was the bursting of the housing bubble. The creation of the bubble was directly linked to the consumption culture of the United States, unreasonable housing policies and loose currency policies over the long term.

Obama signs tax cut bill into law

U.S. President Barack Obama on Friday signed the tax cut bill into law, the first major legislation that has enjoyed bipartisan support since he took office.

  Obama signs tax cut bill into law

12/23  14:38

  British finance body brings bankers' bonuses rules in line with EU

12/23  13:57

  U.S. leading economic indicators rise 1.1 percent in November

12/23  13:57

  EU leaders say economic fundamentals sound

12/23  13:57

  Gold bounces off on bargain hunting

12/23  13:56

  EU leaders seek unlikely happy end to euro's annus horribilis

12/23  13:58

  IMF sees significant downside risks to global recovery

07/28  09:18

  Green economy, cooperation against speculators answer to crisis: Greek PM

05/20  18:16

  Tokyo stocks fall as yen rises, tighter financial regulations weigh

05/20  18:16

  EU launches ambitious move toward revival

03/27  13:47

  EU finance ministers keep up pressure on Greece

02/17  09:14

  Greek fiscal crisis dominates EU summit

02/12  10:05

  Renault posts full-year loss, foresees difficult 2010 ahead

02/12  10:03

  EU's Greece aid pledge bolster stocks

02/12  10:03

  EU leaders reach deal to rescue Greece

02/12  08:21

  G7 financial ministers meet on global economic stability, balanced development

02/06  10:25

  World economic center shifting rapidly eastward, says British economist

02/05  17:08

  UK bank sees China as pillar

02/01  08:29

  Yuan to stay stable versus greenback

02/01  08:29

  China's golden spot for 3rd year

02/01  08:28

  Baby boomers driving force to lift China's economy

02/01  08:27

  Mattel's earnings up despite economic downturn

01/30  11:21

  Obama says strong economic growth a "stark improvement"

01/30  10:15

  Emerging markets alone cannot drive global recovery: Mexico's ex-president

01/29  13:34

  Consumers to drive growth: Vice-Premier

01/29  08:09

  Davos forum debates financial reforms, economic recovery

01/28  09:56

  Nikkei rebounds on overnight Wall Street gains

01/26  10:53

  U.S. may be ultimate winner of global financial crisis

01/25  10:39

  Leading experts see stronger recovery in 2010

01/22  09:57

  Mainland's trade with Taiwan, HK recovers in sluggish 2009

01/21  10:17

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