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Archive for February, 2009


Obama Tells Treasury to Begin Cutting Taxes

Saturday, February 21st, 2009

WASHINGTON (Reuters) - President Barack Obama ordered the U.S. Treasury on Saturday to implement tax cuts for 95 percent of Americans, fulfilling a campaign pledge he hopes will help jolt the economy out of recession. The tax cuts are part of a $787 billion economic recovery plan passed by the Democratic-controlled ...

Obama Tries to Halt Talk of Bank Nationalization

Friday, February 20th, 2009

yahoo news: WASHINGTON – The White House on Friday insisted it's not trying to take over two ailing financial institutions, even as stocks tumbled again. On Wall Street, talk of nationalization of Citigroup Inc., and Bank of America Corp., prompted investors to continue to balk, worried that the government would have ...

NYU Student Protest Getting Heated

Friday, February 20th, 2009

wcbstv.com: Dozens of students who barricaded themselves inside a New York University cafeteria have rejected the possibility of leaving the building as negotiations with school officials continue into Friday morning. Members of the coalition Take Back NYU! have been occupying the cafeteria of the Helen & Martin Kimmel Center for University ...

Israel Seizes West Bank Land

Friday, February 20th, 2009

Israel has seized 425 acres of Palestinian land in the West Bank in order to build 2,500 new settlement homes according to Israeli officials. This comes after United States ambassador George Mitchell asked for a freeze on settlement expansion which is deemed illegal under international law. The seized land will be ...

Dow Closes at Lowest Level in Six Years

Friday, February 20th, 2009

Friday, February 20, 2009 2008-09 financial crisis More articles about the 2008-09 financial crisis on Wikinews: Dow Jones Industrial Average closes at lowest level in six years Obama signs $787 billion stimulus package US automakers GM and Chrysler seek more government aid 20,000 Californian state workers may lose their jobs US Congress passes $787 billion stimulus package Read ...

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