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Last updated: 12:43:04 Wednesday Dec 3, 2008


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  • Bad economic news buries hopes worst is over
    LONDON (AFP) - Worse-than-expected US job losses, more cuts in Italy and Spain, plunging German auto sales and a "horrible" eurozone services report pointed Wednesday to a deep and painful recession ahead.   Nations:Germany France Italy Australia Spain   People:Nancy Pelosi   Activities:2008 Global Recession   2008-12-03

    US private sector shed 250,000 jobs in November: ADP
    WASHINGTON (AFP) - The US private sector lost 250,000 jobs in November, the largest decline in six years, in a further indication of a tightening labor market amid recession, according to a private payrolls report Wednesday.   People:Barack Obama George W. Bush   Activities:2008 Global Recession   2008-12-03

    FDA opens new China office
    BEIJING - The U.S. Food and Drug Administration opened an office Wednesday in China's capital -- its first outside the United States -- as part of a new global strategy to ensure the safety of trillions of dollars of imports.   Nations:India Brazil Mexico   Activities:China-U.S. Trade Ties China Product Safety Crisis   Source:(AP)   2008-11-19

    US says will work with China on product safety
    BEIJING - The U.S. Food and Drug Administration opened a new office Wednesday in China's capital -- its first outside the United States -- as part of a new global strategy to ensure the safety of trillions of dollars of imports.   Activities:China-U.S. Trade Ties China Product Safety Crisis   Source:(AP)   2008-11-19

    U.S. health leaders to go to China over food safety
    WASHINGTON - Two top U.S. health officials will go to China next week to talk about food safety after a series of health scares from Chinese-made products.   Activities:China Food Safety Crisis China-U.S. Trade Ties   2008-11-13

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    [2007-8 Oil Crisis]: Oil hits near 4-year low on weak economic news (06:40 12/4)

    [2008 Mumbai Terror Attack]: Officials: Pakistan militants masterminded attacks (06:40 12/4)

    [2008 Global Recession]: BoE cuts interest rates, ECB decision due shortly (06:40 12/4)

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    [U.S.-Russia Military Relations]: Russia to send warship through Panama Canal (23:38 12/3)


    [India-Pakistan]: Official: Pakistan group leaders linked to attacks (23:28 12/3)

    [2008 Automakers Downturn]: Automakers plead with Congress; votes lacking (23:28 12/3)




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