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IMF ready to help Latvia in economic crisis: IMF chiefWASHINGTON (AFP) - The International Monetary Fund is "ready to rapidly assist" Latvia deal with its economic crisis, in close cooperation with the European Union, IMF chief Dominique Strauss-Kahn said Friday in a statement. ... |
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Upside To Economic Crisis: Lower Gas PricesIt turns out there is an upside to the economy's steep backslide. Gas prices have fallen to levels we haven't seen since 2005. The national average is just above $2 a gallon for regular. ... |
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Hu: 'The situation is very grim'Lima - Chinese leader Hu Jintao, addressing business leaders Friday in Lima ahead of the annual APEC Leaders' Meeting, said that the current economic crisis presents the world with a major challenge. The situation is very grim, Hu said. ... ... |
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Dark days see warnings of worse to comeA heap of evidence from around the world that the economic crisis is worsening will offer little comfort to potential investors who had hoped the worst was over ... |
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Peruvian president says world suffers from 'growing pains'Lima - Peruvian President Alan Garcia on Friday defined the financial and economic crisis that is currently affecting the world as both a painful childbirth and growing pains, rather than an outright illness affecting global capitalism. This is ... ... |
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US, Chinese presidents discuss North Korea, economy at APEC summitLima - Chinese President Hu Jintao met outgoing US President George W Bush on the sidelines of an Asia-Pacific summit, discussing North Korea's nuclear programme and the global financial crisis, a White House spokeswoman said. US officials said Bush ... ... |
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