• Earlier this week, Secretary Geithner and Federal Reserve Chairman Ben Bernanke also discussed with Congress another step which would enable the government to take control of major non-bank financial institutions threatened with collapse.

    VOA: standard.2009.03.26

  • North Korea has said punitive U.N.action would bring about the collapse of the Chinese-sponsored six-party talks, in which North Korea agreed in principle two year ago to scrap its nuclear program in return for energy aid and diplomatic benefits.

    VOA: standard.2009.03.25

  • With a fledgling recovery gaining strength, it is easy to forget how close major industrialized nations came to economic collapse less than two years ago, an outcome that almost surely would have triggered a worldwide depression rivaling the Great Depression of the 1930s.

    VOA: standard.2010.04.21

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