Treasury chief to push U.S. allies on stimulus cash

 

Houston Chronicle: IQALUIT, NUNAVUT — Treasury Secretary Timothy Geithner will press major U.S. allies meeting in this Canadian town this weekend to maintain their stimulative aid to help the global economy rebound from the worst downturn in seven decades.

Aides say Geithner will argue that the recovery could falter if governments rely too much, too soon on still-sluggish spending by consumers and businesses. Unemployment rates have hit double digits in the United States and several European countries. Read Article

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