World economy
China demands loyalty from the military as 20 million lose their jobs
02 Feb 2009
The Chinese government has warned that 2009 will be the toughest year in the century for China and has orderd all military forces to "uncompromisingly obey the Party and Central Military Commission's command at any time and under any circumstances."
Trade officials at Davos urge G20 to speed Doha talks to combat crisis
02 Feb 2009
Finalising the Doha Round of multilateral trade talks cna evert a protectionist backlash during the current economic say global leaders assembled at Davos
Restructure IMF: India
31 Jan 2009
India today made a strong pitch for restructuring the International Monetary Fund, saying its is incapable of dealing with the global financial meltdown in its present form.
Merkel, Brown call for global economic charter
31 Jan 2009
Japanese major NEC to slash 20,000 positions
31 Jan 2009
Japan’s key economic data figures plunge
30 Jan 2009
House passes rescue bill sans GOP backing
29 Jan 2009
Germany unveils €50-billion second stimulus
29 Jan 2009
IMF paints gloomy picture for UK economy
29 Jan 2009
The IMF says the British economy will perform the worst among all developed countries
US keeps key interest rates unchanged
29 Jan 2009
The US Federal Reserve has decided to keep interest rates unchanged at 0 to 0.25 per cent to boost economic growth
US moves to curb lobbying on bailout package
28 Jan 2009
Obama visits Republicans to push relief bill
28 Jan 2009
The bill is expected to pass smoothly enough through the House, where the Democrats have a large majority, but the Senate vote is likely to be more divisive
Siemens Q1 results beat expectations
27 Jan 2009
US loses nearly 50,000 jobs in a single day
27 Jan 2009
Caterpillar, Texas Instruments, Sprint Nextel, Home Depot, General Motors Pifzer ysterday announced 50,000 job cuts in a single day.
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