US government lost around $10bn on GM bailout: BBC | ArmBanks.am

Tuesday, April 23/2024

|

|

ru am en

2023-11-01 17:31:11Armenia's financial indicators remain sound, registering marginal changes in capital adequacy and profitability –World Bank

2023-08-29 11:28:37Russian Central Bank registers new Kwikpay int'l remittance system

2023-08-15 12:09:17Armenia works on bringing Pay Pal to the country- Deputy Minister

- rss
- Archive

All news related to BBC

US government lost around $10bn on GM bailout: BBC

10.12.2013 11:53

US government lost around $10bn on GM bailout: BBC

YEREVAN, December 10. /ARKA/. The US government has sold its remaining shares in General Motors, leaving it with a loss of around $10bn (£6bn) on the bailout of the car maker.

The US Treasury spent $49.5bn bailing out GM in 2008 and 2009, and took a 61% stake in the car maker.

Treasury Secretary Jack Lew said the move prevented the collapse of the US auto industry and saved a million jobs.

Views: 0

Categories: Economy @en, General news, News | Comments Off on US government lost around $10bn on GM bailout: BBC

Tags: auto industry, BBC, US government

Dow Jones closes above 15,000 as world shares gain :BBC

08.05.2013 15:17

The Dow Jones index closed above 15,000 for the first time as strong German factory data pushed US and European share markets higher, BBC reported Wednesday

Views: 0

Categories: Bonds.am @en @en, General news, News | Comments Off on Dow Jones closes above 15,000 as world shares gain :BBC

Tags: BBC, Dow Jones, USA

Popular this week

1

17.04.2024 14:24

Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

2

18.04.2024 18:51

Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

3

19.04.2024 15:33

Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

4

19.04.2024 15:35

Prices in Armenia declined in March by 1.2 percent (yoy)

5

18.04.2024 14:00

Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

Postroll

23.04.2024

23.04.2024 22:06 VTB (Armenia) renews line of deposits for clients

23.04.2024 15:01 EBRD Annual Meeting to be held in Yerevan

22.04.2024 23:38 Ranking of Armenian banks by size of loan portfolio for the first quarter of 2024

22.04.2024 16:19 Armenian banks' net profit in the first quarter of 2024 amounted to AMD 83.1 bln

19.04.2024 15:35 Prices in Armenia declined in March by 1.2 percent (yoy)

19.04.2024 15:33 Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

18.04.2024 18:51 Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

18.04.2024 14:00 Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

17.04.2024 14:24 Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

12.04.2024 22:02 EDB: appreciation of Armenian dram limits demand for export of most goods and services

All rights reserved

ARKA News Agency

© 1996-2024 ARKA News Agency. All rights reserved

- Add to favorites

Multilingual WordPress with WPML

The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.