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Nov. 21 (Bloomberg) -- The world economy slipped closer to recession as companies in Europe and Asia cut production and fired workers, intensifying pressure on central banks to push interest rates to zero.
Nov. 21 (Bloomberg) -- Europe's manufacturing and service industries contracted in November at the fastest pace in at least a decade, putting pressure on the European Central Bank to step up the pace of interest rate cuts.
Fletcher will have a new police chief Jan. 12.
Government's willingness to fight corruption once again came into doubt after President Museveni ordered NRM MPs to use their numerical strength in Parliament to block the looming censure of ministers; Amama Mbabazi and Dr. Ezra Suruma for their role in a land deal with the NSSF. DR. JAMES NSABA BUTURO, the Minister of Ethics and Integrity, believes that his cabinet colleagues did nothing wrong, ...
Banks facing fury from ministers over their refusal to boost lending were today warned they could be nationalised if they refused to increase the flow of loans to firms and mortgages.
VIENNA, Nov 21 (Reuters) - The European Central Bank is watching economic developments closely and more action could come, Governing Council member Ewald Nowotny was quoted as saying on Friday. "The ECB is observing very closely economic developments and the rate cuts already implemented will not be the last words," Nowotny told Market News International (MNSI) in an interview. He said the ...
Syracuse, N.Y. -- It's Friday and as is the usual policy around here at this time in the week, I hand the reins to the reader before happily stepping aside.
Were you shocked when Barry Melrose, the never-should-have-been-hired coach of the Tampa Bay Lightning, was fired last Friday after only 16 games?
• Who will be the new House speaker ? Rep. Tommy Merritt, R-Longview (who wants the job himself), has called a summit of all 10 candidates for the job. Arm-wrestling tournament?
By Sanjiv Kataria : As a young management student I was taught that using a celebrity to promote a brand was a risky proposition. The risks, I can recall, included questions like 'What if the celebrity's ratings were to drop? What if you could not handle a celebrity's tantrums?
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