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21 Mar

In student loan plan, Obama looks for another win (AP)

Posted in business on 21.03.10

AP – With health care dominating House action, President Barack Obama was looking for another domestic policy victory Sunday — passage of a vast rewrite of college aid for needy students.

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21 Mar

Obama order on abortion locks in health care votes (AP)

Posted in business on 21.03.10

House Speaker Nancy Pelosi, D-Calif., holds a large gavel as she emerges from a Democratic Caucus meeting with from left, Reps. Steny Hoyer, D-Md., John Lewis, D-Ga., and at right is Rep. Jim Clyburn, on Sunday, March 21, 2010 on Capitol Hill in Washington.  (AP Photo/Lauren Victoria Burke)AP – President Barack Obama and House Democratic leaders struck a last-minute deal Sunday with abortion foes to secure the final few votes needed to remake America’s health care system, writing a climactic chapter in a century-old quest for near universal coverage.



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21 Mar

Obama, Democrats on track for health care vote (AP)

Posted in business on 21.03.10

House Speaker Nancy Pelosi, D-Calif., holds a large gavel as she emerges from a Democratic Caucus meeting with from left, Reps. Steny Hoyer, D-Md., John Lewis, D-Ga., and at right is Rep. Jim Clyburn, on Sunday, March 21, 2010 on Capitol Hill in Washington.  (AP Photo/Lauren Victoria Burke)AP – President Barack Obama and Democratic House leaders resolved a long-standing dispute over abortion Sunday, securing crucial support from a handful of lawmakers and setting the stage for a historic vote on a comprehensive health care overhaul.



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21 Mar

Investors learn to accept bad housing numbers (AP)

Posted in business on 21.03.10

AP – The housing market is still in bad shape, but investors don’t seem to mind.

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21 Mar

Democrats grow confident ahead of health care vote (AP)

Posted in business on 21.03.10

Speaker Nancy Pelosi  of California holding the gavel used to pass Medicare Reform, walks across the street and into the U.S. Capitol after a House Democratic caucus as the House prepares to vote on health care reform in the U.S. Capitol in Washington, Sunday, March 21, 2010. Walking with Speaker Pelosi are from left, Rep. Steny Hoyer, D-Md., Rep. John Lewis, D-Ga., and Rep. John Larson, D-Conn. (AP Photo/Charles Dharapak)AP – Democratic House leaders predicted Sunday the final tally on President Barack Obama’s historic health care bill will meet or exceed the 216 votes required for passage. Still at issue, but apparently close to resolution, were the votes of a handful of members concerned about the abortion issue.


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21 Mar

Stocks eye health vote, housing, Greece (Reuters)

Posted in business on 21.03.10

Trader Richard Smartt reacts in the Euro Dollar pit at the Chicago Mercantile Exchange March 16, 2010. REUTERS/John GressReuters – Washington’s bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way this week as the recent rally appears to be fraying.



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21 Mar

Democrats predict health bill will pass House (AP)

Posted in business on 21.03.10

Rep. Paul Ryan, R-Wisc., seated left, has a verbal exchange with Chair Rep. Louise Slaughter, D-N.Y., center,  as Ranking Member David Dreier, R-Calif., left, and James McGovern,D-Mass, right,  listen as the House Rules committee meets to discuss the health care legislation on Capitol Hill in Washington, Saturday, March 20, 2010.(AP Photo/Harry Hamburg)AP – A pair of House Democratic leaders predicted Sunday the final tally on President Barack Obama’s historic health care bill will meet or exceed the 216 votes required for passage. But they acknowledged having yet to nail down commitments from a handful of members.



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21 Mar

UAE stocks seen surging if Dubai government backs debt plan (Reuters)

Posted in business on 21.03.10

Reuters – Dubai’s debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said.

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21 Mar

China warns US against sanctions over currency (AP)

Posted in business on 21.03.10

AP – China’s commerce minister warned the United States on Sunday against imposing trade sanctions over Beijing’s currency controls, and said his country was likely to report a trade deficit in March.

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21 Mar

Minister: China may report trade deficit in March (AP)

Posted in business on 21.03.10

FILE - In this March 5, 2010 file photo, a tractor truck transports one of shipping containers at Yangshan deep-water port in Shanghai, China.  China stepped up resistance Friday, March 19, 2010 to U.S. pressure over currency, calling on Washington to cool its 'politicization and emotionalization' of the issue and warning a further rise in its yuan could drive exporters out of business. (AP Photo/Eugene Hoshiko, File)AP – China could report a trade deficit in March, the country’s commerce minister said Sunday as he rejected U.S. pressure to ease currency controls and blamed Washington for the Sino-U.S. trade gap.


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