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Go to finance, and new figures show Italy's recession is deepening, the country's economy shrank for the fourth quarter in a row, tough austerity measures are continuing to bite, affecting everything from manufacturing to consumer spending, but some
And the US has got too many people looking for work according to US President Barack Obama.He was reacting to the latest job figures which show the unemployment rate rose to 8.3 per cent from 8.2 per cent in June.July's hiring was the best since Febr
One of Australia's pre-eminent boardman Stock... has given a frank assessment to Europe's financial problems, saying he never believes the euro would succeed. Former treasury head and reserve bank boardman says the euro was compromised from the very
To finance. And Austrlia looks to benefit from the new Chinese stimulus package. Reports from China say Beijing is * multibillion plan to make up for dropping exports and electricity usage. Austalian trade minister Qude Anverson has been holding talk
Leading the news this morning, there are new fears EU leaders meeting in Brussels at the moment won't reach a deal on measures to tackle the region's deepening economic crisis, European shares and the Euro both fell sharply overnight, after a former
To finance news.And the Treasurer Wayne Swan plans to lead a business delegation to China later this year.In a speech to the Australia-China Business Council late this morning,Mr.Swan was saying that Australia needs to position itself to take advanta
Presses have defined the national trend climbing by more than half a percent in the December quarter.A survey by RP Data shows Sydney remains the most expensive city with a medium house price 485,00 dollars Perth was the worst performing capital.Hous
German Chancellor Angela Merkel stressed the importance of the euro currency to Germany and the wider European Union in her New Year's address. Some analysts have predicted the crises in the Euro Zone, however, could force the union to break up in th
Hewlett Packard are announcing plans to lay off 27,000 employees looking for annually savings of $3 billion. The world's NO.1 computer maker also reported a 3% decline in quarterly revenue. A source told Reuters the New York Stock Exchange is quoting
It does feel now more than it ever has before that Greece is shuffling its way towards the exit. And people are stepping aside to let it through despite the best efforts of Europe's senior politicians to block its part. But it's the open speculation
Gold Lining for France's Economic Clouds Before another summit of European leaders, eurozone countries have been warned they may face a credit downgrade without a decisive agreement to save the euro. The debt crisis is casting a long shadow as France
Economics Report - Italy Considers Budget Cuts, Rising Borrowing Costs 经济报道 - 意大利削减预算导致借贷成本上升 This is the VOA Special English Economics Report. 这里是美国之音慢速英语经济报道。 The economic situat
Most EU Countries Accept New Fiscal Deal Most members of the European Union agreed to a new deal Friday that is intended to address debt problems that have threatened the common euro currency and driven Europe into an economic crisis. The agreement i
Leaders of the G20 group of industrialized nations will meet in France later this week - with the threat of another economic crisis still looming over the world economy. The summit comes just days after European countries held an emergency meeting to
By Lisa Bryant Paris 20 March 2008 The Paris-based Organization for Economic Development and Cooperation (OECD) published a grim assessment Thursday of the United States economy, saying it was close to recession. However, the OECDsuggested European e
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
Greece has received a bailout extension after it's list of reform proposals was approved by Eurozone Finance ministers. The euro group says it's great to begin the procedures which involve parliamentary votes in several states to give the deal a fina
The local share market has lost ground everyday this week, falling today on another oil price slide. The benchmark West Texas Crude Price fell back more than 4% to $46.32 a barrel overnight. The All Ords fell 32 points by the close of trade or 0.6% l
Hello and Welcome to News and Reports on China Radio International. In This Edition Humanitarian officials say the death toll from a cholera outbreak in Sierra Leone has risen to 217 people. South Koreans express concerns over a US jury decision in f
Hello and Welcome to News and Reports on China Radio International. In This Edition British Prime Minister David Cameron plays down the prospect of military intervention in Syria by the international community. Italian Prime Minister Mario Monti says