(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%
Germany’s exports in 2009 tumbled 18.4%
Published in February 13th, 2010
Posted by The Business Time in Business
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China urges resumption of Iran nuclear talks
Published in February 12th, 2010
Posted by The Business Time in Business
(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
Germany’s exports in 2009 tumbled 18.4%
Published in February 12th, 2010
Posted by The Business Time in Business
(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
JAL files for bankruptcy
Published in February 3rd, 2010
Posted by The Business Time in Business
(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 American banks shut down
Published in February 3rd, 2010
Posted by The Business Time in Business
(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 [...]
Obama plans to double exports in five years
Published in February 2nd, 2010
Posted by The Business Time in Business
(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 [...]
