IRC Rome's List: Business

September 21, 2011 -- "The U.S. Federal Reserve will buy up about $400 billion of longer-term Treasury securities by the end of June 2012 as part of an effort to boost the sagging U.S. economy and help the housing market.

The Fed will sell short-term Treasury securities of three years or less and buy an equal amount of Treasury securities that mature in a range from six years to 30 years."

February 22, 2011 -- "The world’s major economies have taken a step toward better coordination of their economic policies designed to prevent another financial crisis.

Finance ministers and central bankers from the Group of 20 major economic powers, who met in Paris February 18–19, struck a compromise on a set of indicators designed to gauge economic imbalances and warn governments about the risk of those imbalances reaching dangerous levels. Many economists believe that global trade and financial imbalances contributed to the recent financial crisis. "

March 1, 2011 -- "Secretary of State Hillary Rodham Clinton urged Congress to approve President Obama’s budget request for the State Department and the U.S. Agency for International Development, and warned that cutting funding could harm key investments in countries across the Middle East. "