Stories for February 21st 2008

Thursday, February 21st 2008 - 21:00 UTC
Fed forecasts less US growth and higher unemployment

The US Federal Reserve has slashed its growth forecast for the US economy and raised its forecast for unemployment. The Fed cut its growth forecast for this year by half a percent to a new range of between 1.3% and 2%. The US central bank also said the jobless rate could be as high as 5.3% by the end of the year.
Thursday, February 21st 2008 - 21:00 UTC
Paraguay: near panic as yellow fever deaths confirmed

A state of panic has taken over the inhabitants of Asunción, capital of Paraguay with thousands queuing for vaccines following the confirmation of seven fatal cases of jungle yellow fever and four more clinically compatible but still undetermined.

Fed forecasts less US growth and higher unemployment