GLOBAL ECONOMY GROWING: IMF observes

BACK ON TRACK IS IT? The global economy is expanding again and financial conditions have improved significantly, the International Monetary Fund (IMF) has said. But in its latest World Economic Outlook, the IMF said the “pace of recovery is expected to be slow”. It added that the recovery...

October 1st, 2009 | BUSINESS | Read More

RENEWED PLEDGE: TO Clean Energy sources, Obama

President Obama joined other world leaders Tuesday in calling for immediate and substantive steps to combat climate change, saying failure to act now would bring “irreversible catastrophe.” Speaking to a special summit on climate change at the United Nations, Obama pledged the full commitment...