International

Davos forum chief warns of further crisis
27/01/2010 05:00
The year 2010 will be a challenging year with the world facing a potential social crisis which came as a result of the previous financial and economic crisis. Klaus Schwab, founder and executive chairman of the World Economic Forum, speaks during...
Federal Reserve holds key interest rate steady
27/01/2010 05:00
The Federal Reserve said on Wednesday decided to keep a key interest rate unchanged at a record low of between zero to 0.25 percent to prop up the economy. SIGNS OF ECONOMIC IMPROVEMENT Information received recently “suggested that economic...
Apple unveils tablet computer "iPad"
27/01/2010 05:00
Apple Inc. on Wednesday unveiled the long-anticipated tablet-computing device named “iPad. “ Apple Chief Executive Officer Steve Jobs introduces the new iPad during its launch event in San Francisco, California, the United States, Jan. 27, 2010....
GM to sell Saab to Dutch automaker Spyker
27/01/2010 05:00
U.S. automaker General Motors Co. has reached a deal to sell its Swedish Saab brand to Dutch luxury automaker Spyker Cars NV, the company said in a report reaching here Tuesday. Spyker Chief Executive Victor Muller (L) shakes hands with Saab CEO...
18 killed, 80 injured in Baghdad suicide bombing
27/01/2010 05:00
At least 18 people were killed and some 80 others injured when a suicide minibus bomber struck the government forensics building in central Baghdad on Tuesday, an Interior Ministry source said. U.S. soldiers secure the site of a bomb attack in...
Ministerial preparatory conference on quake-ravaged Haiti ends with road map
27/01/2010 05:00
The Ministerial Preparatory Conference on Haiti was concluded on Monday afternoon in Montreal, Canada. The Ministerial Preparatory Conference on Haiti is concluded on Monday afternoon in Montreal, Canada, as the Group of Friends of Haiti, major...
IMF revises up global forecast to near 4% for 2010
27/01/2010 05:00
The International Monetary Fund (IMF) said Tuesday the global economy is recovering faster than previously anticipated and will grow 3.9 percent this year and 4.3 percent in 2011. The IMF said it had revised upwards its earlier forecast for global...