(PTI): Germany’s economy has received another blow as new data show the country’s merchandise exports fell 18.4% in 2009, the sharpest decline in decades.
Germany’s federal statistics office, Destatis, said on Monday that the country’s exports in 2009 tumbled 18.4% More…
(PTI): Amid stepped up US efforts to punish Iran for planning to domestically produce nuclear fuel for a research reactor, China calls for increased diplomacy to resolve the nuclear standoff.
“Dialogues and negotiations are the best ways to resolve this issue,” China’s Foreign Ministry spokesman, Ma Zhaoxu, said Thursday. “China is serious on safeguarding the effectiveness More…
(PTI): Germany’s economy has received another blow as new data show the country’s merchandise exports fell 18.4% in 2009, the sharpest decline in decades.
Germany’s federal statistics office, Destatis, said on Monday that the country’s exports in 2009 tumbled 18.4% and imports dropped 17.2% below the respective 2008 levels, recording the biggest More…
(PTI): Japan Airlines’ (JAL) management has formally announced it will file for bankruptcy protection, a move described as one of the country’s largest bankruptcies.
The decision to file for bankruptcy in Tokyo was made at a meeting of the giant carrier’s board of executives, Kyodo news agency announced Tuesday, quoting an unnamed More…
(PTI): Three banks in the United Sates have been shut down by state regulators, bringing the total number of bank failures in 2010 to four.
Town Community Bank and Trust of Antioch, Illinois and St. Stephen State Bank of St. Stephen, Minnesota have failed, the Federal Deposit Insurance Corporation said on Friday. The Barnes Banking Company of Kaysville, Utah, has also been seized, the Corporation More…
(PTI): The US President pledges to double exports over the next five years to help create jobs, announcing new export goals during his State of the Union Address.
“We will double our exports over the next five years, an increase that will support 2 million jobs in America,” Obama said Wednesday during his first State of the Union address More…
