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US Treasury Secretary Timothy Geithner is urging European leaders to implement economic reforms at this week's EU summit. In a sign of just how bad the situation is in Europe, the ratings agency Standard Poor's has said it's reviewing almost every eu
And US President Barack Obama is selling education reforms as a key measure to improve Americas sluggish economy. He says investing in early childhood education will ensure the US remains competitive. Right out of the gate, it helps prepare our kids
Look at finance now, and the United States Congressional Budget Office has delivered a grim assessment for the countrys economy as the president continues to push his jobs creation package. It says the economy will grow more slowly than anticipated o
And Cotton On has received a record fine for selling extremely flammable children's pyjamas. The clothing company will be forced to pay one million dollars. The Federal Court ruled that it breached the the Trade Practices Act by selling pyjamas that
So more finance news and the owner of Channel Nine is expected to meet creditors again this morning to try to determine the future of the debt-ridden company. Nine Entertainment owes its lenders more than 3 billion dollars. Yesterday, Nine boss David
The number of people looking for work across the Eurozone has hit an all-time high. November figures put the unemployment rate at 11.8 per cent. Spain recorded the highest rate at 26.6 per cent. Greece has the second highest at 20 per cent. More than
Labor has accused the government of fudging the budget numbers to make a case for spending cuts. Shadow Treasurer Chris Bowen says the Coalition has changed its forecasting methods to suit its own political purposes. And when you look closely at the
British Prime Minister Theresa May in the cabinet office signs the official letter to European Council President Donald Tusk invoking Article 50 and the United Kingdom's intention to leave the EU. [Photo: Reuters] The UK has pulled the trigger for Br
By Scott Stearns Washington 18 April 2006 President Bush President Bush says he is concerned about the affect rising gasoline prices will have on the U.S. economy. Some of the record increases come fr
Croatian Clinic Uses Crude Oil Derivative to Cure Skin, Rheumatic Diseases 克罗地亚石油治疗对皮肤病等有疗效 A spa resort near Croatia's capital Zagreb uses a derivative extracted from crude oil deposits to treat skin diseases and arth
Fuel Shortages in Nigeria Could Affect Economy, Election 尼日利亚燃料短缺可能影响其经济和选举 LONDON Nigeria is suffering from a gasoline shortage as falling oil prices have affected the countrys ability to import and distribute ref
On June 3rd, a train loaded with highly volatile crude oil derailed just outside the small town of Mosier in Oregons Columbia River Valley. More than 40,000 gallons of crude spilled out of the train. Some burned away in a 14-hour long fire at the sce
Let's take a look at the financial markets and the tumbled US amid those concerns the congress may not meet the dead line to raise the debt ceiling. A business editor Peter R says if the US does go off the fisical cliffs with risk sparking another re
The Nine Entertainment Company will launch its two-billion-dollar float on the stock exchange at mid-day. The re-capitalisation will put the company in a much stronger position after facing bankraptcy just a year ago. Shares are in highly-anticipated
A new report has found that introducing a new land tax is the answer to repairing deteriorating state and territory budgets. The Grad Institute says a property levy of just two dollars for every 1000 dollars of unimproved land value would raise seven
By Mil Arcega Washington 30 October 2007 Oil prices peaked sharply higher Monday, fueled in part by ongoing concerns about dwindling supplies. In New York, crude contracts for December hit an all time high near $94 a barrel. Some energy traders say
今天我们要学的词是dramatic。 Dramatic, 有剧烈的、突然的意思。一份最新研究显示, There has been a dramatic rise in Spam SMS, 垃圾短信的数量出现了急剧上升。 The dramatic price drop in crude oil in early May
In finance news today, Twitter has reported lower than expected revenue for the first three months of the year, saying that new product sold less well than forecast. The micro-blogging firm warned that it expects the negative impact on its revenue to
Todays economic growth figures are expected to show growth is slowing. Most forecasts are expecting annual growth in the December quarter to have slowed from 2.7% to 2.5% which is the low trend. Experts say its due to falling mining investment and we
Good morning, everyone. One of the more controversial proposals from the review of Australias competition laws is the suggestion that the laws being amended to make it easier to clamp down on anti-competitive conduct. The review says the law should g