Tuesday, May 19, 2009

Geithner says US economy stabilising


Geithner says US economy stabilising
19-05-2009

The American treasury secretary, Timothy Geithner, has given his most optimistic comments on the state of the country's economy since the beginning of the global financial crisis last year.

Speaking in Washington, Mr Geithner said that the US economy had clearly stabilised but stressed that a bumpy road to recovery still lay ahead.