Ultimos Posts 1. 23/10/2009 20:40 - Farmers sell wives to pay debts in rural India The cattle slowly drag the old-fashioned plow as a bone-thin farmer walks behind, encouraging them to move faster with a series of yelps. Drought, debt and desperation have pushed some farmers in rural India to sell their wives. It is a scene from times of old, but still the way many farmers operate in rural India, where the harvest often determines feast or famine. The region is c... 2. 20/10/2009 20:49 - Hyundai: The newest U.S. auto power In a year of unprecedented turmoil for the U.S. auto industry, one major car maker has emerged as a winner. And that company isn't based in Detroit, Japan or Europe. South Korea's Hyundai Motor Group has gained significant ground against its more established rivals this year. In fact, the company, which has separate operations for its Hyundai and Kia brands in the U.S., is the only... 3. 14/10/2009 20:45 - China Foreign-Exchange Reserves Rise to Record $2.273 Trillion China?s foreign-exchange reserves, the world?s biggest, surged as an economic recovery attracted speculative capital and a weak dollar boosted valuations of its yen and euro assets. The holdings climbed about $141 billion in the third quarter to a record $2.273 trillion, the People?s Bank of China said today on its Web site. That was less than the unprecedented $178 billion gain in... 4. 25/09/2009 11:21 - Officials: G-20 to supplant G-8 as international economic council Leaders of the G-20 economic summit will announce Friday that the group will become the new permanent council for international economic cooperation, senior U.S. officials told CNN Thursday. U.S. Treasury Secretary Timothy Geithner says signs of optimism for a global economic recovery can be seen. The move comes in the wake of a major push by President Obama, the officials said. Th... 5. 21/09/2009 21:08 - U.S. Leading Economic Index Increased 0.6% in August The index of U.S. leading economic indicators rose for the fifth straight month, capping the longest stretch of gains since 2004 and signaling a recovery is under way. The Conference Board?s gauge of the economic outlook for the next three to six months rose 0.6 percent in August, in line with forecasts, after a 0.9 percent increase in July that was larger than previously estimated... |
