Posts Tagged ‘government-said’
AP – Just a year after the global downturn derailed Dubai’s explosive growth, the city is now so swamped in debt that it’s asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai’s reputation as a magnet for international investment.
AP – Iranian authorities have confiscated Nobel Peace laureate Shirin Ebadi’s medal, her lawyer and Norway’s government said Thursday, in a sign of the increasingly drastic steps they are taking against any dissent.
AP – As many as 150,000 poor British children were shipped off to the colonies over three and a half centuries, often taken from struggling families under programs intended to provide them with a new start — and the Empire with a supply of sturdy white workers.
The government said foreign firms would be allowed to bid for spectrum for third generation mobile services and will start auctioning the radio waves from January 14, 2010.
Chinese Premier Wen Jiabao on Saturday assured Prime Minister Manmohan Singh that his country would correct the balance of trade that is currently in its favour.
Billionaire investor Carl Icahn has resigned from his position on the board of Yahoo!, saying the US Internet giant no longer needed an “activist” director like him.
AP – The German government said Monday it was hopeful of overcoming European Union worries about General Motors Corp.’s deal to sell its Opel subsidiary to a Canadian-Russian consortium, and argued that there was no need to review the bidding process.
Reuters – Ford Motor Co is expanding its massive vehicle recall linked to faulty cruise control switches by 4.5 million vehicles, the U.S. government said on Tuesday.
AP – South Korean President Lee Myung-bak said Friday the world must take a strong stand against North Korea’s nuclear ambitions, despite recent conciliatory gestures from Pyongyang.
AP – Iran is helping to detect uranium deposits in Venezuela and initial evaluations suggest reserves are significant, President Hugo Chavez’s government said Friday.