Markets News Thursday: Shares rise in Europe; Bank of Japan calls for government plan to cut public debt; Pernod Ricard earnings dip
Feb 18th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; The White House said on Wednesday that one year in, the evidence is clear that the Recovery Act (the Obama $787bn stimulus program) is working to cushion the greatest economic crisis since the Great Depression and lay a new foundation for economic growth. It said public and private forecasters ranging from the Council of Economic Advisors to Moody’s Economy and IHS Global now say the Recovery Act is responsible for 2 million jobs or even more nationwide.