Archives for: May 2009

05/31/09

Permalink 08:33:23 am, Categories: WORLD NEWS  

The Kremlin, in its latest statement, has opposed the “language of sanctions” against North Korea over its nuclear tests.

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Permalink 08:09:56 am, Categories: US ECONOMY, WORLD ECONOMY  

When investors lend money to a company, they expect to get it back.

But those who lent $27bn to General Motors when they bought its corporate bonds - the IOUs issued by big companies - risk losing the lot.

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05/17/09

Permalink 12:50:30 pm, Categories: US NEWS  

The Arctic and Antarctica are the last vast untapped reservoirs of mineral resources on the planet. [1]

If the expansion of Australia’s territory is formalized, this will disrupt the operation of international legal mechanisms, which have already been seriously affected by the proclamation of Kosovo’s independence.

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Permalink 12:41:27 pm, Categories: WORLD ECONOMY  

Sir Victor Blank is to step down as chairman of Lloyds Banking Group by June 2010.

Following a meeting with the board, Sir Victor said it was “the right time for the Group to appoint a new chairman".

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