Fact and Comment

Forbes, Steve
January 2009
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p9
The article offers U.S. news briefs related to economy. The government is planning to reinvigorate its recessed economy through slashing corporate tax rates. Saif Al-Islam Qaddafi, son of Libyan leader Muammar Qaddafi, paid visit to the country with the aim to remove political and economic barriers between two countries. The Federal Reserve is planning to buy mortgage-backed securities to allow homeowners to refinance their mortgages at fixed rates of 4.5% to 5%.


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