INDICES
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Three-Pronged IMF Approach to Accelerate Global Growth
EghtesadOnline: Since 2008, when the upheaval of the financial crisis descended on global markets, the International Monetary fund, among other global institutions, scrambled to help governments avert a more disastrous outcome–and as the IMF's second-in-command, David Lipton puts it, to avoid another much-feared Great Depression.
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New York City construction spending forecast to hit record: report
EghtesadOnline: Construction spending in New York City is on track this year to surpass the record set just before the financial crisis as an all-time high in city jobs drives strong demand for new housing and office space, an industry association said on Tuesday.
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Regulators taking another look at costs of Wall Street safety rule
EghtesadOnline: Just as memories of the financial crisis are fading and tough new banking regulations are beginning to bite, some current and former regulators wonder whether one of the rules is too much of a burden for markets and taxpayers.
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Where the Next Crisis Will Come From
EghtesadOnline: Next year ends in a 7. If you’re superstitious or a little loose with statistics, that makes us due for another financial crisis. The biggest one-day stock drop in Wall Street history happened in 1987. The Asian crisis was in 1997. And the worst global meltdown since the Great Depression got rolling in 2007 with the failure of mortgage lenders Northern Rock in the U.K. and New Century Financial in the U.S.