Washington, Aug 9 The Chief Financial Officer of Washington DC, Natwar Gandhi, who is credited with turning around the financial fortunes of the US capital, on Monday said America needs to borrow more and spend more money in order to stimulate the economy.
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US needs to borrow, spend more:
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``US sub-prime crisis impacting India in a moderate way''
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President leads rally through capital
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US financial turmoil not to have much impact on India:
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Crisis to crimp global capital flows further
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Obama is a fan of Mahatma Gandhi
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Robert Gates calls on Congress to approve war funds requested last year
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India, the third fastest growing investor in the US
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Geithner and Paulson say more regulation needed to prevent future crisis
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Government to get on with investment
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Malik reaches in Washington
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'Domestic financial market to stabilize'
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Government to borrow a record $550 billion
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The US monetary system is in serious trouble:
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India needs to 'reboot' economy:
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RBI will have to tighten monetary policy
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President Obama urges Congress to raise us debt limit