Spotlight

Friday, 25 April

George W. Bush

After months of maintaining an optimistic outlook, President George W. Bush today acknowledged that the U.S. economy was indeed experiencing a “slowdown,” reports Reuters. But he insisted that the tax rebates arriving in mailboxes across the country would offset the sluggishness, and added that the economy, while slow, was not in a recession. Meanwhile, United Nations Secretary General Ban Ki-Moon scheduled a meeting in Bern, Switzerland next week to discuss efforts to avoid a global food crisis; the Christian Science Monitor reports that Rep. Barney Frank as chair of the House Financial Services Committee is working overtime to try to solve the nation’s housing crisis; and gas prices near $4 a gallon with, according the the New York Times, no relief in sight.

Related Content:
Keywords:
Mentioned:

XML Feed

Have Spotlight delivered to your favorite newsreader. Click the orange link above to subscribe or use this link.

Subscribe to 02138

Your privacy is ensured. We never sell, disclose, or trade contact information.
02138 is an independent magazine and is not affiliated with Harvard University. Please note that 02138 is available to the general public by subscription only, but is not automatically mailed to all Harvard alumni.