男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / Fashion

US Treasury 'flexible' on housing measures

China Daily | Updated: 2008-04-03 07:38

US Treasury Secretary Henry Paulson indicated the Bush administration is willing to consider congressional plans to stem foreclosures by expanding government guarantees for mortgages.

"I think you will continue to see flexibility as we learn and go forward," Paulson said in an interview with Bloomberg Television.

US Treasury 'flexible' on housing measures

US House Financial Services Committee Chairman Barney Frank said that the administration is increasingly sympathetic to his plan to widen mortgage guarantees.

Foreclosures jumped 60 percent last month after reaching a record rate in the fourth quarter of 2007.

Rising defaults on subprime mortgages have roiled global financial markets and worsened the housing slump in the United States, threatening the first contraction in the economy since 2001.

The International Monetary Fund yesterday cut its forecast for global growth this year and said there's a 25 percent chance of a world recession, citing the worst financial crisis in the US since the Great Depression.

Credit market turmoil poses the most severe crisis for banks in 30 years, Morgan Stanley and Oliver Wyman said in a joint report this week.

UBS AG said it will write down another $19 billion in mortgage-related assets, and Deutsche Bank AG reported another $3.9 billion of markdowns.

Banks and securities firms worldwide have reported about $232 billion in credit losses and writedowns since the beginning of 2007, Bloomberg data show.

Agencies

(China Daily 04/03/2008 page17)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 贵南县| 封丘县| 文安县| 巴中市| 武穴市| 隆林| 兴山县| 玉溪市| 弥渡县| 威宁| 瑞昌市| 榆树市| 荆州市| 司法| 临潭县| 晋中市| 通渭县| 老河口市| 旺苍县| 青田县| 淮滨县| 股票| 高平市| 宁乡县| 浦江县| 茌平县| 昌乐县| 遵义市| 中牟县| 舟山市| 洪泽县| 全椒县| 永和县| 湘潭县| 永春县| 怀来县| 大新县| 佳木斯市| 信宜市| 新兴县| 当涂县|