Food crunch opens doors to bioengineered crops
KUNMING, China - Zeng Yawen's outdoor laboratory in the terraced hills of southern China is a trove of genetic potential -- rice that thrives in unusually cool temperatures, high altitudes or in dry soil; rice rich in calcium, vitamins or iron.
Nations:China Philippines India Argentina Brazil Switzerland People:Wen Jiabao Activities:Global Food Crisis
2008-11-30
Obama moves quickly to fill Cabinet positions
WASHINGTON - President-elect Barack Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timothy Geithner as his treasury secretary as soon as Monday.
Nations:Brazil U.S. South Korea People:Timothy Geithner Bill Clinton Kathleen Sebelius Robert Gates Henry Paulson Bill Richardson Activities:Obama Admin.
2008-11-22
World leaders agree action plan for growth
WASHINGTON (AFP) - World leaders, meeting for a crisis summit here, have agreed on an action plan to restore global growth and prevent future financial upheaval while promising new spending plans, a trade deal and a set of reforms.
Nations:India Brazil Russia People:Jim Leach Gordon Brown Barack Obama George W. Bush Activities:G20 Summit
2008-11-16
Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
China says stimulus plan important for world
BEIJING - China's massive stimulus package is meant to help support global growth by boosting Chinese investment and consumer spending, Premier Wen Jiabao said Monday.
Nations:Brazil People:Wen Jiabao Activities:2008 China Stimulus Plan China Hu Jintao Admin. Asian Markets Source:(AP)
2008-11-10
Economy shrinks as consumers cut back on spending
WASHINGTON - The government says the economy shrank in the third quarter as consumers cut back on their spending by the biggest amount in 28 years. It was the strongest signal yet the country has hurtled into recession.
Nations:Ukraine Brazil Mexico South Korea Hungary People:Ben Bernanke Activities:2008 Global Recession
2008-10-30
U.S., China kick off global round of rate cuts
NEW YORK - The United States and China kicked off what is likely to be a global round of interest rate cuts, part of a barrage of measures deployed around the world to fight a deep economic slowdown.
Nations:China South Korea U.S. Belarus Ukraine Pakistan People:Barack Obama John McCain Activities:Global Financial Crisis
2008-10-29
Fed cuts key interest rate half-point to 1 percent
WASHINGTON - The Federal Reserve slashed a key interest rate by half a percentage point Wednesday, driving it to a level seen only once before in the last half-century, and the government finally began distributing funds from the billions in the financial rescue package.
Nations:Ukraine Brazil Mexico South Korea Hungary People:Ben Bernanke Activities:Global Financial Crisis
2008-10-29
G-8 announces global summit on financial crisis
Leaders of the Group of Eight major industrial countries said Wednesday they will meet "in the near future" for a global summit to tackle the financial crisis.
Nations:India Russia France Brazil Italy Germany People:Nicolas Sarkozy Gordon Brown Angela Merkel Activities:Global Financial Crisis Group of Eight
2008-10-15
Madonna and Ritchie to announce divorce
Madonna and filmmaker Guy Ritchie are to end their marriage after nearly eight years, British newspapers reported Wednesday.
Nations:U.K. Brazil People:Guy Ritchie Madonna Alex Rodriguez Heather Mills Paul McCartney
2008-10-15
US moves to get $700B bank rescue effort started
The Bush administration said Monday it is moving quickly to implement a $700 billion rescue program, including consulting with private law firms on how to buy ownership shares in banks to help thaw frozen lending and get the economy moving again.
Nations:India Brazil France Mexico People:Gordon Brown Henry Paulson Ben Bernanke Activities:Global Financial Crisis
2008-10-13
Developing countries feeling fallout from meltdown
Searching for ways to tackle the unfolding economic crisis, global finance ministers are turning attention to the fallout in developing countries and poor nations.
Nations:India Brazil France Egypt China People:Henry Paulson Robert Zoellick Ben Bernanke Activities:Global Financial Crisis Group of Eight
2008-10-12
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