2008 Bush Tax Rebate

A stimulus package for the economy, to be announced tomorrow by the government and Reserve Bank, will not be a one-off assistance, but would be the first in a series of measures to help the sectors hit by the global slowdown. Read Full Story

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China unveils $586 Billion stimulus plan as world faces recession; Consensus for China's 2009 growth is 8% to 9%, Central Bank Governor; China manufacturing contracted September as crisis cuts exports; Analysis by Ben Simpfendorfer, RBS Chief China Economist Read Full Story

China unveils $586 Billion stimulus plan as world faces recession; Consensus for China's 2009 growth is 8% to 9%, Central Bank Governor; China manufacturing contracted September as crisis cuts exports; Analysis by Ben Simpfendorfer, RBS Chief China Economist Read Full Story

G-20 calls for interest-rate cuts, more spending, to stem financial crisis; Beijing announces $56 Billion stimulus plan; Analysis by Mads Pdersen of Barclays Wealth Read Full Story

India news Sundaram 5 hours ago ( http://us.rd.yahoo.com ) View profile Category : Health WASHINGTON: India on Friday expressed the hope that the summit of world leaders here would send the right signals by agreeing on a stimulus package to restore major economies back to normalcy so that the situation arising out of a global downturn does no t deteriorate further... Read Full Story

I plugged in some numbers on an IRS website for the 2008 Economic Stimulus Package that was voted for by John McCain and signed by George W Bush. If your salary was $200,000 or higher you get this According to law, the economic stimulus payment amount that you would otherwise be entitled to receive is reduced by 5% of the amount that your Tax Year 2007 Adjusted Gross Income exceeds $150,000. You would have been eligible for an economic stimulus payment of $1300, but your AGI exceeds $150... Read Full Story

China announces $56 Billion stimulus plan, tax cuts to boost the economy; Analysis by Ben Simpfendorfer of Royal Bank of Scotland Read Full Story

The $585 billion (RMB4 trillion) stimulus package that China announced Sunday may or may not help China’s economy. But with investments in low-income housing, water and energy projects, airports, disaster relief – and $100 billion for new railroads – over the next two years, this financial package provides oodles of opportunities for investors. There is no doubt China needs infrastructure. Now the world’s fourth-largest economy, China has grown so rapidly that many of its services are... Read Full Story

The jury is still out on whether China’s massive infrastructure-based stimulus package is the best way to rescue the economy. But Martin Hutchinson says it is great news for suppliers of raw materials. He picks 5 companies that will benefit from the injection of cash. Of those, Martin says Brazil’s iron ore producer Vale (ADR: RIO ) is the best value buy. This from Money Morning : The $585 billion (RMB4 trillion) stimulus package that China announced Sunday may or may not help China’s... Read Full Story