International

World is awash with oil as demand sinks: IEA
10/04/2009 05:00
An oil pump or ânodding donkeyâ operated by Unigeo AS, sits in Krasna, Czech Republic. The world is awash with oil despite a price rally but the glut is hampering investment in fields which will be needed...
Quarter of companies globally set to freeze pay: survey
10/04/2009 05:00
A quarter of the world’s companies, and 40 percent in the US, plan to freeze salaries this year, but employees in South America and India can look forward to robust rises, a global survey shows on Tuesday....
Thai PM declares lifting of state of emergency in Pattaya
10/04/2009 05:00
Thai Prime Minister Abhisit Vejjajiva on Saturday evening announced the lifting of the state of emergency in Pattaya, where ASEAN and related summits were earlier cancelled due to anti-government demonstrations. Anti-government protestors leave the...
Opposition responsible for violence in Moldova: president
10/04/2009 05:00
The responsibility for violence in the center of Chisinau entirely falls on those political parties that doubted the results of the polls, Moldovan President Vladimir Voronin said on Friday. Moldovan President Vladimir Voronin speaks at a press...
Thai PM rejects demands for resignation, declares Friday national holiday
09/04/2009 05:00
Thai Prime Minister Abhisit Vejjajiva Thursday evening turned down protesters’ demands for his resignation in a national TV address, five hours after a pro-Thaksin movement’s ultimatum expired. Taxi drivers and supporters of former Thailand Prime...
Iran launches nuke fuel manufacturing plant
09/04/2009 05:00
Iranian President Mahmoud Ahmadinejad inaugurated its first nuclear fuel manufacturing plant on Thursday and disclosed that it was running around 7,000 centrifuges at its uranium enrichment facility. Photo taken on April 9, 2009 shows Iran’s...
Asia may emerge from crisis faster than others, ADB says
09/04/2009 05:00
Asian economies may be the first to emerge from the global crisis because the regionâs banks hold fewer toxic assets than lenders elsewhere, said Zhao Xiaoyu, vice president of the Asian Development Bank (ADB). âAsia will eventually emerge...