Jamaica Gleaner Business

Published: Monday Thursday | January 22, 2009

Pound sterling knocked to 25-year low
The British pound fell to a nearly 25-year low against the dollar and a record low against the yen Wednesday amid mounting fears about the British banking sector and expectations the Bank of England will start pumping money into the economy within...

Geithner apologises for not paying US taxes
United States Treasury Secretary-designate Timothy Geithner said Wednesday he was careless in failing to pay US$34,000 in US taxes earlier this decade but declared: "I have paid what I owed."He apologised to Congress.Geithner told the Senate Finance...