Report: Trump Set to Endorse Gingrich



(Reuters) - Businessman and reality TV personality Donald Trump will endorse former House Speaker Newt Gingrich in the race for the 2012 Republican presidential nomination, U.S. media reported on Wednesday.

Sources close to the Gingrich campaign confirmed Trump would endorse Gingrich, according to several television and newspaper reports.



Trump's announcement would come on Thursday, two days before the Republican caucus in Nevada, the next state in the party's presidential nominating contest, the reports said.

A spokesman for the Gingrich campaign was not immediately available for comment.

An adviser to Trump said earlier on Wednesday that Trump planned to make major announcement in Las Vegas on Thursday about the presidential race.

Read more at Reuters

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“Every Asian market outside Sri Lanka retreated after Federal Reserve Chairman Ben S. Bernanke yesterday said a premature withdrawal of quantitative easing would put the U.S. economic recovery at risk,” Jonathan Burgos reports. What does this say about the US and, in particular, the policies of the Federal Open Market Committee, which are pretty much identical?

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