NewsObama will also be the center of attention Longines Master Collection L2.665.4.78.6 (L26654786) as he gives a speech on the one-year anniversary of the collapse of Lehman Brothers Holdings Inc., which helped spark the worst period of the financial crisis and credit crunch. Obama will discuss the actions the government has taken to help the economy and stabilize the financial sector as well as further regulation needed to help avoid a future collapse during a speech in New York.Investors will have little in the way of economic news Monday to provide further insight into a potential economic recovery. However, reports on inflation, retail sales, industrial product and housing starts are due out later in the week.Consumer spending and the housing market are both considered cornerstones to a strong economic rebound. Without a jump in consumer spending and improving home prices and sales, analysts say an economic recovery could be weak.Major indexes fell Friday, ending a run of five straight gains. Stocks were led lower by energy companies, which were hurt by declining oil prices.
NewsBEIJING, Sept. 14 (Xinhua) — China is to Longines Master Collection L2.665.4.78.6 (L26654786) further strengthen management over the use of central budget funding in construction investment programs, the Ministry of Finance (MOF) said Monday. The move aims to make better use of the funding to shore up China;s economy and yield better economic returns, the ministry said. Relevant government departments have been asked to accelerate the allocation of funding to construction programs, and efforts are also to be made to supervise and impel the speedy implementation of the programs. Timely measures should be taken to accelerate programs that were lagging behind planning, said the ministry. In November last year the government unveiled a 4-trillion-yuanstimulus package to be spent over the next two years to boost the economy, with 1.18 trillion yuan (172.76 billion U.S. dollars) coming from the central budget. Of the 1.18 trillion yuan, 380 billion yuan will be divided between building of housing, infrastructure construction in rural areas, medical Longines Master Collection L2.665.4.78.6 (L26654786) care and education, and energy efficiency sectors by August.
