economic woes

Fiat not to leave Italy amid sales plunge


September 19th, 2012 - 12:44 pm ICT by IANS
Turin, Sep 19 (IANS/AKI) Amid a Europe-wide decline in car sales, Italian automobile giant Fiat said it does not intend to leave Italy or close any of its Italian plants."The ... Read more...

Posted in Business |

Catalans march in Barcelona to advocate support for Madrid


September 12th, 2012 - 7:23 pm ICT by Aishwarya Bhatt
Madrid, Sept 12, (THAINDIAN NEWS) Thousands of Catalans thronged the streets of Barcelona to in an unprecedented show of unity to advocate for autonomy from Madrid. The march was informed by the ... Read more...

Posted in Sports |

French car sales drop


September 4th, 2012 - 1:24 pm ICT by IANS
Paris, Sep 4 (IANS) Car sales in France were down 11.4 percent in August as the country's economic woes kept consumers from spending on cars, French car sales federation CCFA ... Read more...

Posted in Business |

Sensex closes 45 points down, realty, oil and gas stocks fall (Lead)


September 3rd, 2012 - 6:44 pm ICT by IANS
Mumbai, Sep 3 (IANS) Amid choppy trade, a benchmark index of Indian equities markets Monday closed 45 points lower.Realty, oil and gas and banking scrips were the worst hit ... Read more...

Posted in Uncategorized |

Brazil’s economy grows at fastest clip in 15 months


August 18th, 2012 - 1:24 pm ICT by IANS
Brasilia, Aug 18 (IANS/EFE) Brazil's economy expanded by 0.75 percent in June relative to the previous month as tax breaks stimulated growth, the central bank said.The uptick in the bank's ... Read more...

Posted in Business |

China’s FDI inflow falls for second month (Lead)


August 16th, 2012 - 3:33 pm ICT by IANS
Beijing, Aug 16 (IANS) Foreign Direct Investment (FDI) in China fell for the second consecutive month in July as global economic woes continued to weigh heavily.The FDI Beijing drew last ... Read more...

Posted in Business |

Don’t single out PM for economic woes: Ratan Tata


July 19th, 2012 - 4:17 pm ICT by IANS
New Delhi, July 19 (IANS) Tata Group Chairman Ratan Tata has come out in strong defence of Prime Minister Manmohan Singh, saying the architect of 1991 reforms should ... Read more...

Posted in Business |

Brazil faults European response for economic crisis


July 14th, 2012 - 12:05 pm ICT by IANS
Rio de Janeiro, July 14 (IANS/EFE) European governments are wrong to address their region's economic woes by diminishing labour rights, Brazilian President Dilma Rousseff said Friday, calling instead for policies ... Read more...

Posted in Business |

China’s Q2 GDP growth slows (Lead)


July 13th, 2012 - 2:49 pm ICT by IANS
Beijing, July 13 (IANS) China's economy expanded 7.6 percent year-on-year in the second quarter of 2012, slowing from 8.1 percent in the first quarter, the National Bureau of Statistics (NBS) ... Read more...

Posted in Business |

China’s Q2 GDP growth slows


July 13th, 2012 - 1:12 pm ICT by IANS
Beijing, July 13 (IANS) China's economy expanded 7.6 percent year-on-year in the second quarter of 2012, slowing from 8.1 percent in the first quarter, the National Bureau of Statistics (NBS) ... Read more...

Posted in Business |

Bal Thackeray terms PM ‘politically impotent’


July 10th, 2012 - 12:28 pm ICT by IANS
Mumbai, July 10 (IANS) After Time magazine called Prime Minister Manmohan Singh an "underachiever", Shiv Sena chief Bal Thackeray Tuesday termed him "politically impotent" and called for a nationwide ... Read more...

Posted in Politics |

Economic woes are largely due to domestic factors: FICCI


June 4th, 2012 - 6:20 pm ICT by IANS
New Delhi, June 4 (IANS) The government should not blame the eurozone crisis for the present economic slowdown as it is largely due to the domestic factors like excessive ... Read more...

Posted in Business |

Three years of UPA-II: Not much to celebrate


May 22nd, 2012 - 4:35 pm ICT by IANS
New Delhi, May 22 (IANS) The United Progressive Alliance (UPA)-II government completed three years in office Tuesday amid charges of policy paralysis and key initiatives remaining mired in fractious ... Read more...

Posted in Politics |

India can grow 8-9 percent despite challenges: Montek (Second Lead)


May 18th, 2012 - 9:18 pm ICT by IANS
New York, May 18 (IANS) India can grow at 8-9 percent for the next 20 years despite many domestic challenges, the Planning Commission's Deputy Chairman Montek Singh Ahluwalia said Friday.He ... Read more...

Posted in World |

India can grow 8-9 percent despite challenges: Montek (Lead)


May 18th, 2012 - 8:09 pm ICT by IANS
New York, May 18 (IANS) India can grow at 8 to 9 percent for the next 20 years despite many domestic challenges, Indian Planning Commission's Deputy Chairman Montek ... Read more...

Posted in Business |

India can grow 8-9 percent for 20 years: Montek Ahluwalia


May 18th, 2012 - 11:48 am ICT by IANS
New York, May 18 (IANS) India can grow at between 8 or 9 percent for the next 20 years with a supportive global environment, its Planning Commission's Deputy Chairman Montek ... Read more...

Posted in Business |

Hollande beats Sarkozy in French presidential polls (Lead)


May 7th, 2012 - 1:43 am ICT by IANS
Paris, May 7 (IANS) Socialist Party challenger Fran├žois Hollande Sunday wrested power from incumbent Nicolas Sarkozy to become the first Socialist president of France since 1995.Hollande beat Sarkozy in a ... Read more...

Posted in Uncategorized |

Evicted grandmother chains herself to Spain’s central bank


May 1st, 2012 - 11:59 am ICT by IANS
Madrid, May 1 (IANS/EFE) A 76-year-old grandmother who lost her home to debt chained herself to the gate of Spain's central bank here Monday and asked Prime Minister Mariano Rajoy ... Read more...

Posted in Uncategorized |

Patil’s address lacks connect with common man: BJP (Lead)


March 12th, 2012 - 9:34 pm ICT by IANS
New Delhi, March 12 (IANS) The Bharatiya Janata Party (BJP) Monday said President Pratibha Patil's address to parliament was "completely lacking in vision" and devoid of any connect to ... Read more...

Posted in Politics |

International sales of Cuban cigars go up


February 28th, 2012 - 11:48 am ICT by IANS
Havana, Feb 28 (IANS/EFE) International sales of luxurious Cuban cigars climbed 9 percent in 2011 with revenues of $401 million following an upturn in the market, executives of Habanos S.A. ... Read more...

Posted in Business |

More Spanish kids want to be professional footballers


February 16th, 2012 - 12:14 pm ICT by IANS
Barcelona, Feb 16 (IANS/EFE) Spain's high unemployment rate has sparked a sharp rise in the number of children and adolescents setting their sights on a career in professional soccer, with ... Read more...

Posted in Sports |

Fitch downgrades Spain’s four largest banks


February 14th, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 14 (IANS/EFE) Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders."Fitch believes there is a ... Read more...

Posted in Business |

Philippine GDP growth slows in 2011


January 30th, 2012 - 1:27 pm ICT by IANS
Manila, Jan 30 (IANS) The Philippine economy slowed to 3.7 percent in 2011, dragged down by lower government spending, declining exports and slack farm growth."Amidst the obstinate exogenous economic woes, ... Read more...

Posted in Business |

Births continue to decline in Spain


January 19th, 2012 - 11:38 am ICT by IANS
Madrid, Jan 19 (IANS/EFE) The 230,537 births recorded in Spain in the first half of 2011 represents a decline of 1.1 percent from the same period of the previous year ... Read more...

Posted in Business |

Brazil’s jobless rate hits nine-year low


December 23rd, 2011 - 11:23 am ICT by IANS
Rio de Janeiro, Dec 23 (IANS/EFE) Brazil's unemployment rate fell in November to 5.2 percent, its lowest level of the past nine years, authorities said Thursday.Last month's jobless rate was ... Read more...

Posted in Uncategorized |

Indonesian central bank pushes for cut in lending rates


December 12th, 2011 - 1:52 pm ICT by IANS
Jajarta, Dec 12 (IANS) Indonesian central bank has asked commercial banks in the country to lower their interest rates as the country will rely much on its domestic consumption to ... Read more...

Posted in Business |

Government blames domestic economic woes on global uncertainties (Roundup)


December 9th, 2011 - 8:11 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday blamed slowing domestic growth on the global economic turmoil and officially downgraded the gross domestic product (GDP) growth rate to ... Read more...

Posted in Business |

Companies deferring public issue in bearish markets


November 28th, 2011 - 5:04 pm ICT by IANS
Mumbai, Nov 28 (IANS) With Indian equities markets expected to end the year as one of the worst faring bourses among emerging economies, companies proposing to raise funds through ... Read more...

Posted in Business |

China calls for global efforts to tackle economic woes


November 3rd, 2011 - 4:23 am ICT by IANS
Cannes (France), Nov 3 (IANS) Chinese President Hu Jintao said here Wednesday that all members of the international community should work together to cope with worldwide economic difficulties, Xinhua reported.The ... Read more...

Posted in World |

WHO urges sufficient health budgets despite economic plight


October 20th, 2011 - 2:19 pm ICT by IANS
Rio De Janeiro, Oct 20 (IANS) The World Health Organization (WHO) has called on all governments to keep up sufficient health budgets despite the current economic woes.Speaking at the World ... Read more...

Posted in Uncategorized |

‘Occupy Wall Street’ movement sparks clashes in Washington


October 12th, 2011 - 8:46 pm ICT by IANS
Washington, Oct 12 (IANS) "Occupy Wall Street", a growing movement blaming corporate America for the nation's economic woes, has spread from New York to some 70 major cities, including ... Read more...

Posted in Business |

Wall Street protests spread across US


October 4th, 2011 - 9:40 pm ICT by Aishwarya Bhatt
New York, Oct 4 (THAINDIAN NEWS) The protest that started in Wall Street last month is fast spreading to other parts of the United States. Analysts say the sympathy for the protesters ... Read more...

Posted in Business |

Study reveals that Americans are the coolest people in the world


September 6th, 2011 - 9:35 pm ICT by Aishwarya Bhatt
New York, Sept 6 (THAINDIAN NEWS) A poll conducted by the social networking site Badoo.com has concluded that despite their current economic woes, Americans are still viewed as the coolest people in ... Read more...

Posted in World News |

US probes S&P;’s ratings on mortgage bonds before crisis


August 19th, 2011 - 11:28 am ICT by IANS
Washington, Aug 19 (IANS/EFE) The US Justice Department is investigating credit rating agency Standard & Poor's to determine if it rated mortgage bonds too highly prior to the economic crisis ... Read more...

Posted in Business |

Obama blames partisan bickering for US woes


August 12th, 2011 - 12:14 pm ICT by IANS
Washington, Aug 12 (IANS) Blaming the political fighting in Congress for America's economic woes, President Barack Obama has asked lawmakers "put country ahead of party".Speaking from an advanced battery ... Read more...

Posted in Politics |

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