David Lawder
David Lawder works from Washington, DC. @Reuters global economy, trade, IMF correspondent, Missouri born, @MarquetteU Warrior. Tweets are my own, retweets not endorsements. David Lawder has over 673 followers on Twitter.
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/ 22 January 2008

Fed slashes US rates in bid to thwart recession

The United States Federal Reserve on Tuesday slashed a key interest rate by a hefty three-quarters of a percentage point, the biggest cut in more than 23 years, after a two-day global stocks rout sparked by fears of a US recession. ”The Fed is very, very, very worried,” said John Tierney, an analyst at Deutsche Bank.

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/ 27 January 2007

US: South African pair assisted al-Qaeda

The United States Treasury Department named two South African cousins as al-Qaeda financiers and facilitators, ordering a freeze on any US assets they may have and banning Americans from doing business with them. The treasury said Farhad Ahmed Dockrat provided funds to a trust used by al-Qaeda.