Word: paulsons
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...sector, encourage appreciation of the yuan, and also encourage OPEC nations to raise production. In the long term, the G-7 economies seem more optimistic, but their statement points out that the U.S. will face further deterioration of its housing market. Asked his view of a potential U.S. recession, Paulson answered: "I've been careful to say I believe we're going to continue to grow," said Paulson. "If you're growing, you're not in a recession, right? We all know that." On Friday, Paulson ushered through a $168 billion stimulus package that he says will send checks...
There was a lot of talk, but not much action at the Group of Seven (G-7) meeting in Tokyo on Saturday, where finance ministers and central bank governors discussed how to minimize what U.S. Secretary of the Treasury Henry Paulson, Jr., referred to as the "spillover of capital markets to the modern global economy" - that is, the global turmoil that has built up in markets since last August...
...specific point of agreement: the importance of the joint-initiative of Japan, Britain and the U.S. to start a climate-change fund in cooperation with the World Bank. "There's clearly a role for a fund aimed and focused at technology and technology adoption in developing markets," says Paulson. "We have no chance of solving this problem unless we accelerate the use of clean technology and come up with incentives for the private sector." Japan hopes to take the lead in climate change when it hosts the Group of Eight summit in Hokkaido at the lakeside resort of Toyako...
...Huckabee and John McCain are only just now beginning to fly in staff and open offices. If the race remains close, experts say, the early-voting push mastered by Giuliani could prove decisive. "If you have a good organization and you have a multicandidate field," says political scientist Darryl Paulson of the University of South Florida, "it could clearly be the margin of difference in the campaign...
...Paulson himself acknowledged about the plan, it's "not a silver bullet." And there are lingering concerns that, while the freeze may calm roiled mortgage markets for a time, it may merely delay the inevitable bottoming out of real estate prices. "The sooner we face reality and be done with it the better off we are," said Alan Ziobrowski, a professor of real estate finance at Georgia State University, in a telephone interview. "To drag this out for four, five, six years is just not a help...