The European Union will not lift sanctions on Zimbabwean President Robert Mugabe and his allies until the country improves its human rights record and moves ahead on a power-sharing plan, an EU official said Sunday. European Commissioner for Development and Humanitarian Aid Karel de Gucht spoke to reporters at the conclusion of a two-day visit about Mugabe’s calls for an end to the sanctions
Tag Archives: economic
Istanbul buries dead after fatal floods
A day after deadly water roared through this city, killing dozens of residents, hundreds of mourners gathered at a mosque for the funerals of seven women who drowned in a minivan. The seven — employees of a nearby textile factory — died Wednesday when a flash flood engulfed their vehicle as they were traveling to work
How companies grow through a recession
For Peer Schatz’s inspiration as a business leader, he looks to nature. “The most successful organizations are in biology, with their continuous adaptation toward survival,” said Schatz, chief executive officer of Qiagen, a Swiss firm that develops genetic testing technology.
Nip and tuck on a budget in Argentina
James Brandon is concerned about getting old and looking older. So the 44-year-old events planner from Canada decided on plastic surgery to help bring his boyish looks back
Commentary: Obama’s moment of truth
On Wednesday, President Obama will make the most important speech of his presidency. We hear this phrase so much that it has become a clich
Commentary: Obama’s speech a heavy lift
The president is making a major address to the Congress and the country Wednesday night.
Guatemala declares calamity as food crisis grows
Guatemalan President Alvaro Colom has declared a state of national calamity because so many citizens do not have food or proper nutrition. Speaking in a nationally televised address late Tuesday, Colom said his declaration will make it easier to get food to the thousands of Guatemalan families who are in dire need
Geithner: Stimulus efforts to continue until ‘recovery in place’
The consensus by the G-20 ministers not to cut back on stimulus efforts yet will ensure that countries don’t revert to fiscal restraint too soon, U.S.
India’s Airline Industry Goes From Boom to Bust
A few years ago, India’s airline industry was flying high. A booming economy made India one of the fastest growing and most competitive aviation markets in the world.
Top adviser says stimulus is preventing economy’s free fall
White House economic adviser Christina Romer declared the president’s stimulus plan "absolutely" is working to slow the economy’s decline, though she still held open the possibility of a second stimulus package a few months down the road.