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From WENN | 2009-07-05 16:20:52
Finally, charting the recovery's course »
Reuters US Online Report Business News | 2009-07-05 19:13:57
WASHINGTON (Reuters) - If the majority of Wall Street economists are right, the U.S. recession will end this quarter and the global recovery won't be far behind. On Wednesday, the International Monetary Fund is expected to nudge up its forecast for 2010 global growth from the current estimate of 1.9 percent, primarily because fears of a more serious economic setback have not materialized. That makes for a brighter backdrop to this week's meeting of leaders from the Group of Eight major industrial nations in Italy, where the ...
Mexican ruling party to struggle at mid-term vote »
Reuters US Online Report World News | 2009-07-05 18:58:36
MEXICO CITY (Reuters) - Mexicans voted on Sunday in mid-term elections for Congress where President Felipe Calderon's party is likely to lose ground, leaving him with an uphill struggle to achieve economic reforms. Mexico's economy is in deep recession, mostly due to the downturn in the United States, and oil output is falling fast. Calderon, a conservative, wants to overhaul the energy sector to allow more private investment in the search for oil in the Gulf of Mexico. He also seeks to reform the tax system. But his National ...
Biden: Israel free to set own course on Iran »
AP News | 2009-07-05 18:40:38
Vice President Joe Biden signaled that the Obama administration would not stand in the way if Israel chose to attack Iran's nuclear facilities, even as the top U.S. military officer said any attack on Iran would be destabilizing. Biden's remarks suggested a tougher U.S. stance against Iran's nuclear ambitions. Nonetheless, administration officials insisted his televised remarks Sunday reflected the U.S. view that Israel has a right to defend itself ...
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