Daily News Channel
The World Bank cut China’s economic growth forecast in 2009 to 6.5 percent Wednesday, down a full percentage point from November’s projection. Despite the downgrade, “China is a relative bright spot in an otherwise gloomy global economy,” said the World Bank’s David Dollar.
Most people use their eyes to judge the best flat-screen televisions.
Ichiro Ozawa says that he’s fond of working at practical things, that he “doesn’t like to be showy on the stage.” He had better get used to the limelight.
Two Japanese destroyers set sail Saturday on an anti-piracy mission off Somalia, the Japanese defense ministry said.
Japan’s defense minister has ordered two destroyers to help fight piracy in the waters off Somalia, officials with the defense ministry told CNN.
The United States will still try to denuclearize North Korea through multilateral talks, even if it launches a long-range missile, U.S. Secretary of State Hillary Clinton said.
A freighter with 16 crew members aboard may have sunk after colliding with a second freighter in the Pacific Ocean off Izu Oshima Island, Japan’s Kyodo news agency reported Tuesday.
As U.S. Treasury Secretary Timothy Geithner warned this week that the U.S. recession is deepening and Japan’s Prime Minister Taro Aso said there is “no bottom in sight” for his sinking country, many investors turned to China for a measure of hope.
The long list for the job that has been described as "the best in the world" has been announced. A chef, a dance instructor and a scientist are among the final 50 applicants for the six-month post of “caretaker” on Hamilton Island, part of the Great Barrier Reef off Australia The successful candidate will enjoy a salary of $100,000, free home and generous perks on the island.
Economist Nouriel Roubini, chairman of New York-based research firm RGE Monitor, earned the nickname “Dr. Doom” by warning as early as 2005 that America’s speculative housing boom could trigger an economic crisis