US economy faces new headwinds

Ben Bernanke, the US central bank chief, paints stark outlook on the state of the US economy.



    As the financial crisis continues to send shockwaves throughout the world, Al Jazeera looks at how the fragile US economy has been affected and what is being done to tackle it.

    Some politicians say that the economy is not growing fast enough, or adding enough.

    Ben Bernanke, the chairman of the US Federal Reserve, says deep spending cuts are not the way to go.

    He has urged congress against implementing spending cuts that could cause more financial turmoil, saying the country's economic recovery is "close to faltering".

    Al Jazeera's Patty Culhane reports from Washington.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why is the West praising Malala, but ignoring Ahed?

    Why is the West praising Malala, but ignoring Ahed?

    Is an empowered Palestinian girl not worthy of Western feminist admiration?

    Blood-rusted Sword: Elite force of Saudi crown prince

    Blood-rusted Sword: Elite force of Saudi crown prince

    Al-Ajrab Sword Brigade, formed in 2015, comprises elite forces from across Saudi military ranks.

    Why some African Americans are moving to Africa

    Escaping systemic racism: Why I quit New York for Accra

    African-Americans are returning to the lands of their ancestors as life becomes precarious and dangerous in the USA.