Politics

What is the Worst Case Scenario if the Consumer Becomes a Saver?

Question/Comment: What is the worst case scenario if the consumer becomes a saver? Or if nations, including United States, raise trade barriers? Or if the financial bailout fails? Paul Solman: Hmmm. Well, the first is happening as we speak:…

Congress Reaches Agreement on $789 Billion Stimulus Bill

By Admin, PBS News Hour

House and Senate negotiators have reached an agreement Wednesday on a $789 billion economic stimulus plan aimed at creating millions of jobs and providing tax cuts for millions of lower and middle income taxpayers, lawmakers say.

Israel Faces Political Deadlock Following Elections

Tzipi Livni and Benjamin Netanyahu both claimed victory in Israel's parliamentary elections, with close vote totals throwing the prospects for building a ruling coalition into limbo. Analysts discuss the results and what they mean for the region's political future.

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Will Any Plan That Puts People Back to Work Actually Stimulate the Economy?

Question/Comment: Everyone seems to have an opinion on what will stimulate the economy and what won’t. Won’t anything that puts people to work stimulate the economy, and are there entities, and their analyses, that can project stimulatory effects of different…

Zimbabwe Opposition Leader Becomes Prime Minister

By PBS News Hour

Zimbabwean President Robert Mugabe swore in opposition leader Morgan Tsvangirai as prime minister Wednesday, creating a unity government in an unprecedented move during Mugabe's virtually unchallenged rule.

Taliban Attack in Kabul Leaves at Least 19 Dead

By PBS News Hour

Taliban insurgents with assault rifles and suicide vests stormed two government buildings and killed at least 19 people Wednesday, Afghan officials said, in one of the most audacious attacks on the capital by the Islamist group since its 2001 ouster.

Israeli Election Results Split Between Rival Parties

By Admin, PBS News Hour

Tzipi Livni's centrist Kadima party and Benjamin Netanyahu's right-wing Likud party both claimed victory in Israel's parliamentary elections Tuesday, complicating prospects of a coalition government.

On the 30th Anniversary of the Revolution, Iranian Leaders Mull the Future

Political and religious leaders in Iran are dealing with vast changes in the country's society since the revolution 30 years ago, including President Obama's suggestion for dialogue. Lindsey Hilsum, of Independent Television News, reports.

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As a Stimulus, Would it Work to Give Money to Americans to Cover Their Mortgage or Credit Debt?

By Business Desk

Question/Comment: As a stimulus to the economy, would it work to give money to Americans to cover their mortgage or credit debt? Paul Solman: Any spending is a stimulus. You might take a few minutes to read, as I just…

Congress to Mesh $800 Billion Stimulus Bills

By Admin, PBS News Hour

The Senate on Tuesday approved an $838 billion economic stimulus package of spending and tax cuts that now must be reconciled with the House's $819 billion version. President Barack Obama is pushing to get the plan signed by mid-February.