State Forex Station

The US Federal Reserve has a new policy–the Bernanke put. unlike the “Greenspan put”, the perception that Allan Greenspan’s Fed would cut rates aggressively to baial out equity maqrkets, which is the latest move by Ben Bernanke’s Fed benefited bond markets.
Tuesday’s decision was actually very modest. Instead of slowl shrinking it as bonds matured or [...]

President Barack Obama will raise the issue of BP’s alleged role in lobbying for the release of Libyan terrorist Abdel Basset al-Megrahi when he meets David Cameron.
President Obama’s administration has already publicly accepted the UK’s explanation for last year’s release from a Scottish jail of Mr al-Megrahi. However, the White House announced that the US [...]