policy

Fed in slowdown shows disarray Thu, 26/08/2010 - 21:52 by Prince damin Washington -- U.S. investors are looking for clear signals from Federal Reserve policy makers, who have lately shown signs of disarray, policy analysts said. "There's just a bunch of wildly different views being presented from both inside and outside of the Fed, and that is confusing markets," The Washington Post quoted Bank of America-Merrill Lynch economist Ethan Harris as saying. Fed Chairman Ben Bernanke "needs to overcome this idea that the Fed is paralyzed," he said. Diane Swonk, chief economist at Mesirow Financial said Bernanke's style of encouraging open debate was "a good thing in general." However, "It brings confusion to financial markets rather than clarity," she said. Comments Read more	Shawn Nelson of Bills suspended 4 games Fri, 20/08/2010 - 23:06 by Prince damin New York -- Buffalo Bills tight end Shawn Nelson has been suspended for four games for violating the NFL's substance-abuse policy, the league announced Friday. Nelson will be allowed to practice with the team and play in pre-season games but cannot play in the Bills' first four regular-season contests -- against Miami, Green Bay, the New England Patriots and New York Jets -- the league said. The 6-foot-5 second-year player will be eligible to play in the Bills' game against the Jacksonville Jaguars Oct. 10. Nelson caught 17 passes for 156 yards and a touchdown last season. Copyright 2010 United Press International, Inc. (UPI). Comments	Fed dissenter speaks up in Nebraska Sat, 14/08/2010 - 01:52 by Prince damin Lincoln, Neb. -- President of the Federal Reserve Bank of Kansas City Thomas Hoenig said Friday that the Federal Reserve Bank was risking setting off a second recession. "Monetary policy is a useful tool but it cannot solve every problem faced by the United States," said Hoenig at an open meeting in Lincoln, Neb., The New York Times reported. "In trying to use policy as a cure-all, we will repeat the cycle of severe recession and unemployment in a few short years by keeping rates too low for too long," he said. Comments Read more
Chargers' Jackson suspended 3 games Wed, 14/07/2010 - 02:49 by Pankaj Damin San Diego -- San Diego Chargers wide receiver Vincent Jackson will sit out three regular-season games for violating the NFL's substance abuse policy. The team said in a news release Jackson will miss the first three games of the season. He will, however, be allowed to take part in all pre-season practices and games. Jackson, 27, an unsigned restricted free agent who has threatened to hold out for a better contract, has two convictions for driving under the influence. Last season, he had 68 catches for 1,167 yards and nine touchdowns in 15 games. During his five-year NFL career with San Diego, he has 198 receptions for 3,400 yards and 25 TDs. Copyright 2010 United Press International, Inc. (UPI). Comments	Doctor slams hospital's 'please' policy Wed, 02/06/2010 - 10:11 by Pankaj Damin Worthing, England -- A doctor at a British hospital said a new rule requiring doctors to write "please" on blood test request forms could put patients at risk. Administrators at England's Worthing Hospital confirmed the new policy of refusing blood tests during weekends if doctors have not written "please" on the form, The Sun reported Tuesday. The managers said the move is aimed at easing pressure on hospital workers charged with performing blood tests by making doctors consider whether the tests are essential. However, a doctor at the hospital said on condition of anonymity that he sees the policy as a money-saving measure that could prove dangerous for patients. Comments Read more	China lashes back at Clinton for 'Internet policy' speech Fri, 22/01/2010 - 17:20 by Ishita Sood New York, January 22 -- China warned U.S. Secretary of State Hillary Clinton to stop condemning the Chinese 'Internet policy,' or results of the same could be "harmful" for both the countries. Comments Read more
Mortgages split Fed members' opinion Thu, 07/01/2010 - 13:32 by Jamie Anderson New York, January 7 -- The minutes of the central bank's meeting held on Dec. 15-16 last year were released Wednesday after the standard three-week gap. Comments Read more	Chinese premier to check property prices, keep Yuan stable Sun, 27/12/2009 - 16:00 by Ishita Sood Beijing, China, December 27 -- In an interview with China's official press agency, Xinhua, Chinese Premier Wen Jiabao said the government would keep a check on its property market and track illegal activities related to housing prices. Comments Read more	China rejects 'Buy China' policy Mon, 09/02/2009 - 22:34 by Rakhi Kaptiyal Teaser: Beijing -- A Chinese government official said China would not follow the United State's lead by putting a protectionist provision in its economic stimulus package. Story: The U.S. Senate voted last week to weaken the "Buy American" provision in its version of a U.S. economic stimulus plan. The Senate plan must still be reconciled with the U.S. House plan and sent to President Barack Obama for signature. Nevertheless, "we won't practice 'Buy China,'" Vice Commerce Minister Jiang Zengwei said at a press conference Monday, Xinhua reported. "It's impossible to meet a country's market demand with only domestic products amid world economic integration. Why should we turn to trade protectionism under the current situation?" Jiang said. "We'll treat domestic and foreign products equally as long as they are needed," he said. Read more