10 Second Headlines

Canadian Housing Bubble

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• Finance Minister Jim Flaherty is being pressured to do any or all of the following: increase minimum down payments, reduce amortization, and tighten lending… Read More

US Economy President Obama proposed $3.83 trillion budget ($1.56 trillion deficit), recommended increasing taxes on energy, banks, and families earning more than $250,000. US defense spending is about 75% of the country’s personal income… Read More

US Economy Existing Home Sales sank 16.7% in December to a four-month low. Sales by first time buyers plunged to 43% from 51% in November and the University of Michigan home-buying plan index fell… Read More

Central Banks China, for the 4th time in two weeks, has tightened its credit policy in order to head off inflation and cool asset bubbles. This time they have said that they will ‘punish’… Read More

10 Second Headlines of the Week – 08-Jan-2010 China Doubling of loans last year caused property prices to rise “too quickly” according to Premier Wen Jiabao. China’s Central Bank raised interest rates for the… Read More

10 Second Headlines of the Week – 15-Jan-2010 China Fears Rebellion China re-affirms control over the internet and has told Google and other internet companies to co-operate with state control. China fears rebellion and… Read More

10 Second Headlines of the Week – 30-Dec-2009 Housing China: Housing bubble threatens China’s Boom. Fannie Mae: On Christmas Eve the Obama Administration lifted the lending cap on Fannie Mae and Freddie Mac, the… Read More

10 Second Headlines of the Week 23-Dec-2009 World News China: As for the past many years, China is aiming for economic growth of 8% in 2010, however one Chinese investment firm is anticipating 12%… Read More

10 Second Headlines of the Week 18-Dec-2009 + How our ‘10 Seconds’ fits in with our “9 Steps to Economic Recovery” + Step 7 – “The Sugar High” Federal Reserve pledged December 16th to… Read More

10 Second Headlines of the Week 11-Dec-2009 World News Taxes, taxes, everywhere : In the State of Georgia, speeders will be paying a surcharge of $200, In Massachusetts there is a new 5% tax… Read More