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An urgent question has appeared after the Collapse in the American economy:
How much the gulf states will pay to rescue the American economy?
According to reports by Arab news papers, American is putting the Gulf States under pressure to...
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AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular 1 hr. ago
AP, Detroit
General Motors Corp., Chrysler LLC and Cerberus Capital Management LP have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to a...
made popular 3 hr. ago
I had promised myself not to write more than one blog a day but my anger is making me break my promise. This morning I was going through the terms subject to which...
made popular 4 hr. ago
Will it go down? Rumors are flying thick & fast about ICICI a leading private bank in India of which I am an old shareholder. This morning I got an SMS from them...
made popular 4 hr. ago
Asia’s financial system is little affected by the U.S. sub-prime mortgage problems that have triggered a global crisis, and the region overall will enjoy robust...
made popular 5 hr. ago
AP, Washington
President Bush says world’s wealthiest industrial countries will work together to attack the credit crisis spreading around the globe.
made popular 6 hr. ago
* Saturday: Despite desperate efforts to kick-start activity in the stalled markets, and re-instill investor confidence, Japan’s Nikkei continues to bear the blows of...
made popular 6 hr. ago
There is a tendency in the Philippines to ape what US authorities are doing with their financial markets. The tendency is to pattern the Philippine financial system to...
made popular 7 hr. ago
Living in Chile, I have seen the US economic crisis in a number of ways. The closest I have been to it is in the community I live in, Puerto Natales, Chile. Puerto...
made popular 7 hr. ago
Foreign investments in the Philippines bounced back in July but total capital from abroad remained thin compared to inflows last year due to the global economic...
made popular 9 hr. ago
Philippine share prices on Friday fell by triple digits as nervous investors dumped stocks in favor of cash amid the global uncertainty, analysts said. The property...
made popular 9 hr. ago
Philippine President Gloria Macapagal Arroyo said her government will spend more to stimulate the economy and protect growth as the world braces for the worst financial...
made popular 9 hr. ago
The Philippine stock market will still be reeling from the effects of the global financial crisis next week, unless some major development occurs over the weekend,...
made popular 9 hr. ago
AP, Denver
Qwest Communications International Inc. says it has reached a tentative agreement for a four-year contract with a union representing about 20,000 employees.
made popular 10 hr. ago
AP, Washington
Financial officials from the world’s wealthiest industrial countries are pledging decisive action to deal with the biggest upheavals to hit the global financial...
made popular 11 hr. ago
Julie McCarthy’s description of a 100,000 acre soy farm in Brazil seems to symbolize peace, progress, and economic development: trends for a new Latin America. From...
made popular 11 hr. ago
AP, Detroit
Published reports say General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM.
made popular 14 hr. ago
AP, Washington
The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should...
made popular 15 hr. ago
AP,
Selected quotes on actions taken by the Group of Seven major industrial countries on Friday to combat the worldwide financial crisis:
made popular 17 hr. ago
AP, Washington
Finance officials from the world’s top economic powers endorsed a plan Friday to stem the worst financial crisis in more than a half-century.
made popular 17 hr. ago
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AP, Beijing
China’s yawning trade surplus hit a monthly record of $28.7 billion in August as the gap with the United States and Europe widened despite slowing global economic...
made popular Sep 10 2008
They say time is money. Indeed it is so, particularly if you spend all your time to acquire money. But money changes hand. So there is a continual process of exchange...
made popular Aug 18 2008
AP, Beijing
China’s trade surplus swelled in July to its highest level in eight months as its trade gaps with the United States and Europe grew despite concern about weaker...
made popular Aug 11 2008
AP, Baghdad
An Iraqi lawmaker close to Prime Minister Nouri al-Maliki defended the government’s record on reconstruction spending, saying Thursday that U.S. critics of its...
made popular Aug 7 2008
AP, Baghdad
An Iraqi lawmaker close to Prime Minister Nouri al-Maliki defended the government’s record on spending for reconstruction, saying Thursday that U.S. critics were...
made popular Aug 7 2008
AP, Baghdad
Iraq is paying for more of its own reconstruction but is still struggling to spend its multibillion-dollar surplus as it copes with a flood of oil revenue and a...
made popular Aug 6 2008
AP, Baghdad
Iraq is paying for more of its own reconstruction but is still struggling to spend its multibillion dollar surplus as it copes with a flood of oil revenue and a...
made popular Aug 6 2008
AP, Washington
The Iraqi government could end this year with as much as a $79 billion cumulative budget surplus, based largely on ever-increasing oil revenues, congressional auditors...
made popular Aug 5 2008
AP, Beijing
China’s trade surplus fell 20 percent in June as export growth plunged, the government said Thursday, and analysts said Beijing might try to help struggling...
made popular Jul 10 2008
AP, Shanghai
China’s customs administration says the country’s trade surplus shrank 10 percent in May from the same month a year earlier to $20.2 billion.The data...
made popular Jun 11 2008
AP, Beijing
China’s trade surplus shrank in February as sales of goods to the United States fell, the government said Monday, but analysts said exports should bounce back now...
made popular Mar 10 2008
AP, Beijing
China’s trade surplus plunged in February as sales of goods to the United States and Europe weakened and snowstorms disrupted the economy, the government reported...
made popular Mar 10 2008
AP, Beijing
China’s trade surplus with the United States fell in January as demand for Chinese goods weakened amid fears of a U.S. recession, while the surplus with Europe...
made popular Feb 21 2008
AP, Beijing
China’s trade surplus grew by 22.7 percent in January over the same month last year as foreign demand for exports stayed strong despite worries about slowing...
made popular Feb 15 2008
AP, Beijing
China’s trade surplus soared nearly 50 percent in 2007 to a record, despite safety worries about Chinese products and a slowdown in export growth late in the...
made popular Jan 11 2008
AP, Beijing
China’s trade surplus jumped to a new all-time monthly high in October, according to official data released Monday, despite government pledges to restrain export...
made popular Nov 12 2007
AP, Beijing
China’s politically sensitive trade surplus soared again in October, hitting an all-time monthly high of $27.05 billion, the country’s customs office said...
made popular Nov 12 2007
This is a real Hand Grenade! But don’t worry as this one would not explode. Designed by Dutchman Piet Houtenbos, this is actually a Hand Grenade Oil Lamp but is...
made popular Aug 29 2006
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Asia baghdad Beijing Business China credit crunch Economy Europe Financial Crisis Gulf Iraq Iraqi Middle East North America Politics & Society syria Trade U.S. United States World Images
Baghdad:
Hameed Jaafar, 22, operates a loom as he and his family try to make a living by hand-weaving rugs in the Sadr City district of Baghdad, Iraq, Thursday, Aug. 7, 2008. A report Tuesday by the U.S. General Accounting Office predicted Iraq could finish the...
