Apr 01 Obama Meets With Russian, Chinese Leaders on Sidelines of G20 By Admin, PBS News Hour President Barack Obama met one-on-one with leaders from Russia and China in London Wednesday, announcing new cooperative efforts with each of the countries ahead of the G20 summit on the economic crisis. Continue reading
Apr 01 If a Bank Has Toxic Assets, Can Another Division of That Bank Invest in the Toxic Asset Program? Question: Is it possible for a division of the bank holding toxic assets to participate in the [toxic asset] program? Paul Solman: Supposedly not, but there’s lots of buzz about how banks might in practice get around the obstacle… Continue reading
Mar 31 Watch Schools Cope With Rising Numbers of Homeless Students Amid the economic downturn, schools are struggling to cope with a growing number of homeless children and families. Special correspondent John Tulenko of Learning Matters reports from Wisconsin. Continue watching
Mar 31 Watch G20 Leaders to Tout Competing Ideas on Recovery Some European leaders are at odds with President Obama's economic agenda, which encourages more stimulus spending. Analysts assess the challenges at this week's G20 summit. Continue watching
Mar 31 Watch G20 Countries Seek Ways to Resolve Economic Crisis President Barack Obama joined leaders of the world's most powerful and developing economies for the G20 economic summit in London Tuesday. NewsHour correspondent Kwame Holman reports. Continue watching
Mar 31 G20 Leaders to Meet in London By PBS News Hour Heads of state from the Group of 20, comprised of leaders from industrial and developing countries along with the European Union and other invited countries and organizations, will meet in London April 1-2 to discuss the global financial crisis. Continue reading
Mar 31 New GM CEO Predicts 'Deeper' Restructuring By PBS News Hour The new chief of General Motors Corp. said Tuesday that the struggling automaker will likely shutter more U.S. plants and cut jobs as it embarks on a "deeper" company restructuring. Continue reading
Mar 31 What's the Purpose of the G20 Meeting? Question: What scenarios are associated with the G20 conference for the U.S. and global economy? Paul Solman: We want the rest of the world to spend more money stimulating their economies. Except for China, most countries seem to be… Continue reading
Mar 30 Watch Bankruptcy Option Looms as U.S. Automakers Face Shaky Future The Obama administration's call for drastic reforms of GM and Chrysler has sparked new debate on the future of Detroit's "Big Three" automakers. Analysts discuss what the restructuring effort may mean for the auto industry's future. Continue watching
Mar 30 Why Is the Trade Deficit Important? Question: Please explain the trade deficit. What is it? Why is it important? Is it an indicator like taking someone’s temperature or is it a debt that has to be paid? Does it relate directly to our national debt?… Continue reading