Tweet Washington: The International Monetary Fund (IMF) has provided Ireland with a third bailout package of $2.11 billion under an international rescue deal. "The arrangement for Ireland, which was approved Dec 16, 2010… is a part of a financing package amounting to 85 billion euros (about $123 billion) also supported by Ireland's European partners … [...]
Continue reading …Tweet Washington : The global economic growth is increasing but there are still certain risks of a decline, the G20 finance ministers and central bankers have said in a joint communique following Friday’s meeting in Washington. "The global recovery is broadening and becoming more self-sustained, with increasingly robust private demand growth," the document said. "But [...]
Continue reading …Tweet Brasilia : Brazil must invest some $10.5 billion in production and distribution systems for potable water by the year 2015 to guarantee this service to its population, a government agency has reported. The Urban Water Supply Atlas Wednesday said that “potential problems” exist in 2,965 of the country’s 5,563 municipalities, and that is where [...]
Continue reading …Tweet London : Britain’s worst-ever recession is leading to a growth in the ‘sandwich generation’ of middle-aged women who are forced to care for their children and parents, a leading thinktank has said. Middle class women aged 45 to 49 and working class women from 35 to 39 are most likely to find themselves “squeezed” [...]
Continue reading …Tweet Johannesburg : The 2010 FIFA World Cup is expected to inject 55 billion rands ($7.46 billion) into the South African economy, according to the Deputy Minister of Water and Environmental Affairs, Rejoice Mabudafhasi. Auditing firm Grant Thorn conducted the economic impact assessment for South Africa hosting the World Cup and found that not only [...]
Continue reading …Tweet Washington : The US economy’s rebound from a deep recession was smaller than initially thought, according to new government figures, but the Federal Reserve said it expects the country’s recovery to pick up the pace in the coming year. The Commerce Department in an updated estimate Tuesday said the world’s largest economy grew at [...]
Continue reading …Tweet Geneva : The global community needs to urgently address the marginalisation of the world’s poorest countries while discussing ways out of the economic meltdown, says Ujal Singh Bhatia, India’s ambassador to the World Trade Organisation (WTO). “Marginalisation of low income economies in the multilateral trade policy making process and in international efforts to contain [...]
Continue reading …Tweet The NJ Senate recently passed Senate bill S-1774, colloquially known as the One Handgun A Month bill. Tom Jardim, Board Chair of Ceasefire NJ, the Garden State’s leading organization devoted to reducing gun violence said: “At 12:15 this morning the Senate took an important step toward making the illegal trafficking of handguns in our [...]
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