Russian President Welcomes Shift by U.S.

New York Times March 20, 2009 With less than two weeks left before his first meeting with President Obama, Russia’s president, Dmitri A. Medvedev, hosted a group of veteran American policy makers that the Russian news media have dubbed “the wise men,” saying he welcomes the shift in tone coming from Washington. more

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ECB under pressure after Fed move

Financial Times March 19, 2009 The Federal Reserve’s bold action this week to boost the US economy with large-scale purchases of government debt created on Thursday fresh headaches for the European Central Bank, which is eschewing such steps in favour of fighting the economic crisis via eurozone banks. more

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