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- Persian Gulf Shares Rise on Rate Cuts; Dubai Investments Climbs (Bloomberg)
www.bloomberg.com Nov. 2 (Bloomberg) -- Persian Gulf stocks gained, led by financial companies, after Dubai Investments PJSC said profit more than doubled and signs grew that the global credit crisis is easing following interest-rate cuts.
- Chandrajit Banerjee: Need large infra-spend to avoid slowdown (Business Standard India)
www.business-standard.com Rapid-response measures have been instituted by the RBI and the government to alleviate the liquidity crunch arising from global financial developments. Lowering the repo rate, facilitating ECB and other monetary measures will lift flagging confidence levels and contribute to immediate stability.
- Pa. Healthcare Battle Shows States Struggle Alone (Fulton County News)
www.fultoncountynews.com HARRISBURG, Pa. (AP) - When Gov. Ed Rendell first proposed an ambitious plan to expand subsidized health insurance to uninsured Pennsylvania adults, he wanted the state to step into a void left by the federal government's failure to act.
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