Ten Italian cities are at the risk of bankruptcy
July 24th, 2012 - 9:46 pm ICT by Aishwarya Bhatt
Rome, July 24 (THAINDIAN NEWS) Ten Italian cities are looking at bankruptcy in the eye. They include Naples, Alessandria, Palermo and Reggio Calabria. Even Sicily’s financial situation isn’t great."The situation is becoming ... Read more...
Posted in Business |
Italy’s public debt rises to record high
July 17th, 2012 - 3:13 pm ICT by IANS
Rome, July 17 (IANS) Italy's public debt hit a record high in May despite Rome's recent efforts to ease the overstretched finances, showed a central bank report.The national debt stood ... Read more...
Posted in Uncategorized |
US stocks pause in absence of big data
March 13th, 2012 - 7:52 am ICT by IANS
New York, March 13 (IANS) US stocks took a breather Monday, ending narrowly mixed, in the absence of key domestic economic data, Xinhua reported.The Dow Jones industrial average gained 37.69 ... Read more...
Posted in Business |
US stocks end higher on positive jobs report (Lead)
March 10th, 2012 - 7:47 am ICT by IANS
New York, March 10 (IANS) US stocks ended higher Friday as investors embraced a positive non-farm payroll report.The Dow Jones industrial average gained 14.08 points, or 0.11 percent, at 12,922.02. ... Read more...
Posted in Uncategorized |
US stocks rise
March 10th, 2012 - 5:21 am ICT by IANS
New York, March 10 (IANS) US stocks rose Friday as investors embraced positive non-farm payroll reports.The Labor Department reported Friday that the economy added 227,000 jobs in February, more than ... Read more...
Posted in Business |
Fake US bonds seized
February 18th, 2012 - 2:12 pm ICT by IANS
Rome, Feb 18 (IANS) Italian police announced Friday they had seized fake US Treasury bonds with a face value of $6 trillion in Switzerland, a media report said.
The bonds, ... Read more...
Posted in Uncategorized |
Putin warns West against interfering in Russian elections
November 28th, 2011 - 1:16 am ICT by IANS
Moscow, Nov 27 (IANS/RIA Novosti) Russia's prime minister Vladimir Putin has warned the western powers against meddling in Russia's forthcoming elections after agreeing to stand for president in March 2012.Addressing ... Read more...
Posted in World |
Russian economy more solid than Europe’s : Medvedev
November 20th, 2011 - 9:17 am ICT by IANS
Moscow, Nov 20 (IANS/RIA Novosti) Russian President Dmitry Medvedev has said the Russian economy is more solid than the European one, citing major economic figures."Our economy looks more solid and ... Read more...
Posted in Business |
Defiant Obama seeks new taxes on wealthy to cut debt
September 20th, 2011 - 12:31 pm ICT by IANS
Washington, Sep 20 (IANS) Striking a confrontationist posture, President Barack Obama has proposed $1.5 trillion in new taxes for the wealthy to cut the national debt by $3.2 ... Read more...
Posted in Business |
Tsunami will cost Japan in excess of 100 billion pounds
March 15th, 2011 - 6:33 pm ICT by ANI
London, Mar. 15 (ANI): The tsunami that hit northeast Japan last Friday is expected to be the world's most expensive natural disaster, with predictions that the repair bill will top 100 billion ... Read more...
Posted in World |
Nobody’s more qualified for White House multitasking than “a woman, a mom”: Palin
February 18th, 2011 - 3:22 pm ICT by ANI
Washington, Feb 18 (ANI): Former Alaska Governor Sarah Palin has jokingly indicated her plans to run for president in 2012, saying that there is "no one" more qualified for White House ... Read more...
Posted in World |
Obama’s ratings rise but still struggling to sell economic policies, find new polls
February 10th, 2011 - 5:15 pm ICT by ANI
Washington, Feb 10(ANI): US President Barack Obama's approval rating has improved a bit in comparison to that a month ago, but he is struggling to gain support for some of his ... Read more...
Posted in World |
U.S. Congress passes $858 billion tax-cut extension
December 18th, 2010 - 12:37 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) -- The U.S. Congress on late Thursday passed a $858 billion tax-cut extension to continue for two more years the tax breaks enacted under President George W. Bush, ... Read more...
Posted in Business |
For-profit college’s shares take a plunge
October 15th, 2010 - 8:32 pm ICT by Aishwarya Bhatt
New York, Oct 15 (THAINDIAN NEWS) Profit-making colleges in the United States are hit most by new regulations that make it unprofitable to admit more students, especially those who might not be ... Read more...
Posted in Business |
Three in four Americans say economic recession will last another two years
July 14th, 2010 - 2:41 pm ICT by ANI
New York, July 14 (ANI): A majority of Americans believe recession will linger on for years.According to a new CBS News poll, three in four Americans say the effects of the ... Read more...
Posted in World |
Britain’s national debt reaches four trillion pounds
July 14th, 2010 - 2:10 pm ICT by IANS
London, July 14 (IANS) Britain's national debt stands close to a staggering four trillion pounds, nearly four times higher than officially estimated, the Office of National Statistics (ONS) has said.
The total debt ... Read more...
Posted in Business |
Indian-American poised to head the US National Science Foundation
June 9th, 2010 - 2:12 pm ICT by ANI
Washington, June 9, (ANI): Subra Suresh, the 54-year-old Dean of engineering at the Massachusetts Institute of Technology (MIT), is poised to head the prestigious US National Science Foundation, which funds research in ... Read more...
Posted in World |
Cameron readies Britain for savage spending cuts
June 8th, 2010 - 3:15 pm ICT by IANS
By Venkata Vemuri
London (IANS), June 8 (IANS) British Prime Minister David Cameron has warned of severe spending cuts to check the rising national debt that now stands at 770 billion pounds.In ... Read more...
Posted in Business |
Jindal puts off book to focus on oil spill
May 26th, 2010 - 3:36 pm ICT by IANS
By Arun Kumar
Washington, May 26 (IANS) Louisiana's Indian American Republican Governor Bobby Jindal has asked that the release of his forthcoming political book be delayed so he can focus on the ... Read more...
Posted in World |
British PM Gordon Brown apologizes for calling a woman as ‘bigot’
April 29th, 2010 - 1:08 am ICT by Aishwarya Bhatt
Rochdale, Apr 28 (THAINDIAN NEWS) British Prime Minister Gordon Brown described a woman as ‘bigot’, when she asked him some deep questions on the problems that the country is facing such ... Read more...
Posted in Politics |
US Debt Clock Indicates Rising National Debt
November 28th, 2009 - 5:16 pm ICT by GD
By Meena Kar
Nov. 28, (THAINDIAN NEWS) People in the United States have just celebrated the Thanksgiving Day and feasted on some delicious Turkey recipes now are being alarmed by the latest reports ... Read more...
Posted in Uncategorized |
Nepal Parliament passes 2009-10 budget
November 25th, 2009 - 4:26 pm ICT by ANI
Kathmandu, Nov 25 (ANI): The Nepal Parliament formally passed the annual budget for fiscal 2009-10 on Wednesday after months of delay caused by the Maoist obstruction.Finance Minister Surendra Pandey tabled the financial ... Read more...
Posted in South Asia |
Lack of understanding results in market falls after Union Budget
July 6th, 2009 - 4:27 pm ICT by John Le Fevre
India’s stock market has given the thumbs down to the 2009 Union Budget with the Sensex shedding almost 700 points and the Nifty dropping 190 before Finance Minister Pranab Mukherjee had ... Read more...
Posted in Business |
Japanese government tells couples having babies is fun
May 9th, 2009 - 1:36 pm ICT by ANI
London, May 9 (ANI): In a bid to battle the declining birth rate, Japanese government officials are encouraging couples to procreate, insisting it is fun to have babies.According to an official report ... Read more...
Posted in World |
UK’s Labour Government has spent 7 million pounds on wine since coming to power
April 24th, 2009 - 7:40 pm ICT by ANI
London, Apr.24 (ANI): Since Labour came to power in Britain in 1997, it has spent an astonishing seven million pounds on wine through the Government Hospitality Unit.According to the Daily Mail, the ... Read more...
Posted in World |
Obama for cutting health care costs to face India, China challenges
March 25th, 2009 - 10:10 pm ICT by IANS
By Arun Kumar
Washington, March 25 (IANS) President Barack Obama wants to reduce health care and energy costs to lessen the massive national debt lest India and China overtake a recession hit ... Read more...
Posted in Business |
One-fourth of worlds CCTVs are deployed in bureaucratic and authoritarian UK
March 9th, 2009 - 3:14 pm ICT by ANI
London, Mar.9 (ANI): A quarter of the world''s CCTV cameras are deployed in Britain, which is increasingly becoming a bureaucratic and authoritarian state, a study of Labour''s decade in power claims. ... Read more...
Posted in World |
Obama pledges to halve US deficit by 2013
February 24th, 2009 - 1:05 pm ICT by IANS
Washington, Feb 24 (IANS) Blaming exploding healthcare costs for a rising federal deficit, US President Barack Obama has pledged to cut the nation's $1.3 trillion deficit to half by the end of ... Read more...
Posted in Uncategorized |
Bush presidency saw biggest ever increase in debt in US history
February 14th, 2009 - 1:41 pm ICT by ANI
Washington, Feb 14 (ANI): Former President George W Bush was saved by just 24 days from running up a five trillion dollar government debt, but his presidency saw the biggest increase ... Read more...
Posted in World |
Legal bid to posthumously honour ex-Beatle George Harrison
December 16th, 2008 - 6:27 pm ICT by ANI
Washington, Dec 16 (ANI): A Bangladeshi lawyer has launched a legal bid to have late Beatle George Harrison posthumously honoured for a historic gig he performed more than 35 years ago.Harrison, ... Read more...
Posted in Entertainment |
Pak net forex reserves down to just 2.48 billion dollars
October 17th, 2008 - 4:46 pm ICT by ANI
Islamabad , Oct 17 (ANI): Pakistan Finance Ministry has said that it is left with only 2.48 billion dollars of net forex reserves, which, according to it, were barely enough to ... Read more...
Posted in National |
Iraq war to cost at least $3 tn: Joseph Stiglitz
March 1st, 2008 - 1:08 am ICT by admin
Xinhua
Washington, Feb 29 (Xinhua) The Iraq war will cost Americans between $3 trillion and $5 trillion, including military spending, broader economic costs and decades of benefits and medical care for combat veterans, ... Read more...
Posted in World |