‘Oil price, rate hikes pose risks to Asia’ Agence France PresseJeju, May 15: Soaring oil prices, the prospects of higher interest rates and terrorism threaten to derail the momentum of Asia’s economic growth, delegates to the Asian Development Bank (ADB) annual meeting were told on Saturday.... 15 May, 2004
BIZ BRIEFS Spanish inflation at 2.7pcMADRID; Spanish inflation hit 2.7 per cent on a 12-month basis in April, provisional figures released by the national statistics institute INE showed. Confirmation of the figure, calculated according to the EU’s harmonised... 04 May, 2004
Major nations upbeat about global economy Associated PressWashington, April 26:Despite worries about high oil prices and Middle East unrest, the world’s major industrial countries expressed optimism about the global economy, contending the world was poised for strong growth this year and... 26 Apr, 2004
IMF paints rosy outlook for global economy Associated Press Washington, April 22:International Monetary Fund (IMF) is warning that its projections of stronger growth for the global economy could change if there are new terrorist attacks or a spike in oil prices.Finance ministers and central... 22 Apr, 2004
IN OTHER WORDS Securing seas Pirates are not only a real and growing menace, they are also suspected of forging links with global terrorists. Thinly staffed tankers and container ships carrying valuable cargo are irresistible prey on the high seas, especially where... 13 Apr, 2004
Global outlook is brighter, says OECD The GuardianLondon, April 11:The outlook for the global economy is improving, although concerns are emerging about prospects for the United States and the eurozone, the Organisation for Economic Cooperation and Development (OECD) said. The Bank of... 11 Apr, 2004
More Dutch firms went bust in 2003 Associated PressAmsterdam, February 5More companies went bankrupt in the Netherlands last year than in any recorded year, the Dutch Central Bureau for Statistics said today.More than 8,700 companies failed, about 30 per cent more than a year earlier... 06 Feb, 2004
US lawmakers seek to punish companies that outsource Himalayan News ServiceWashington, January 30 Two Colorado state lawmakers have joined other legislators across the US to press for a ban on the outsourcing of tech jobs to India and other countries.If their bills are adopted by the state legislature,... 31 Jan, 2004
Indian firms’ undercutting hits UK companies Himalayan News ServiceLondon, January 4After outsourcing it is undercutting, and India is at the centre of both buzzwords in the global economy.British companies outsourcing back office operations to India is no more news. Now local accountants and... 05 Jan, 2004
