With Risks for Growth Still Hazy, Fed to Weigh New Aid
Federal Reserve officials will meet to decide whether the economy needs more help amid considerable uncertainty over domestic growth and the impact of Europe’s debt crisis.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
Portrait 1080 × 1920 PNG · created on your device
Federal Reserve officials will meet to decide whether the economy needs more help amid considerable uncertainty over domestic growth and the impact of Europe’s debt crisis.
Goldman Sachs must continue to pay Mr. Gupta’s bills until the case is completely resolved, a process that could take a couple of years.
Mark Grant doesn’t call his assumptions Doomsday, but reality: Greece will most likely fall apart in the next four months unless “there is debt forgiveness or Europe keeps handing them money like they are a ward of the state.”
To defuse the crisis, the debt burdens of Europe’s weaker economies and banks may need to be shared by the entire Continent.
Elections eased fears about Greece’s exit from the euro zone, but attention turned Monday to restoring economic health to Europe with Greece still in it.
Music on My Birthday
The Top 50 albums for the chart week of June 13, 2012, covering June 19, 2012.
John Mayer
Adele
Regina Spektor
One Direction
Edward Sharpe & The Magnetic Zeros
2012Norbert Tiemann, American soldier and politician, 32nd Governor of Nebraska (born 1924)[†]
Norbert Theodore "Nobby" Tiemann was an American Republican politician from Wausa, Nebraska, and was the 32nd Governor of Nebraska, serving from 1967 to 1971.
2012WikiLeaks founder Julian Assange requests asylum in London's Ecuadorian Embassy for fear of extradition to the US after publication of previously classified documents including footage of civilian killings by the US army.[†]
WikiLeaks is a non-profit media organisation and publisher of leaked documents. It is funded by donations and media partnerships. It has published classified documents and other media provided by anonymous sources. It was founded in 2006 by Julian Assange. Kristinn Hrafnsson is its editor-in-chief. Its website states that it has released more than ten million documents and associated analyses. WikiLeaks' most recent publication of original documents was in 2019 and its most recent publication was in 2021. From November 2022, numerous documents on the organisation's website became inaccessible. In 2023, Assange said that WikiLeaks is no longer able to publish due to his imprisonment and the effect that US government surveillance and WikiLeaks' funding restrictions were having on potential whistleblowers.
In 2012, the world population was approximately 7,201,202,485 people[†]