Posts Tagged ‘ crisis ’

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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Baghdad blasts target Shi’ites, kill 63 

December 23, 2011
Baghdad blasts target Shi’ites, kill 63 

Iraqi security forces inspect the site of the bomb attack in Baghdad’s Shaab District, northern Baghdad, December 22, 2011. A wave of bombings killed at least 63 people in Baghdad on Thursday, the first attacks since Iraq’s Shi’ite-led government was engulfed in a crisis that risks fracturing the country along sectarian and ethnic faultlines. The [...]

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Vietnamese exporters feel the pinch as EU crisis deepens 

December 21, 2011
Vietnamese exporters feel the pinch as EU crisis deepens 

  The financial crisis in Europe and resultant weaker consumption is posing a great danger to Vietnamese exporters, many of whom have been heavily dependent on the market. Truong Thi Le Khanh, general director of Vinh Hoan Corp., a seafood processor and trader, said shipments to the EU are now on a decline. As the [...]

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Christmas belt-tightening in crisis-hit Europe 

December 18, 2011
Christmas belt-tightening in crisis-hit Europe 

  A Salvation Army band performs for shoppers in London on the final Saturday before Christmas on what is traditionally one of the busiest retail days. Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in [...]

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Germany under pressure after bond sale failure 

November 24, 2011
Germany under pressure after bond sale failure 

    File picture shows German Chancellor Angela Merkel (L) and French President Nicolas Sarkozy prior to a joint press conference on the eve of the G20 Summit November 2. The leaders of France, Germany and Italy were to hold emergency talks on Thursday in the shadow of a failed German bond auction which took [...]

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IMF warns China’s financial system vulnerable 

November 15, 2011
IMF warns China’s financial system vulnerable 

International Monetary Fund chief Christine Lagarde (L) shakes hands with China’s Prime Minister Wen Jiabao during a meeting in Beijing on November 9, 2011. China’s financial system is at risk from bad loans, booming private lending and sharp falls in property prices, the International Monetary Fund warned Tuesday, as it called for sweeping reforms. In [...]

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Harvard’s walkout students misunderstand economics 

November 14, 2011
Harvard’s walkout students misunderstand economics 

  What’s wrong with Ec 10? The dozens of Harvard University undergrads who walked out of the school’s famous introductory economics course this month think they know. The students’ general criticism is that Ec 10, in which some 700 students are enrolled, “espouses a specific — and limited — view of economics.” Their specific criticisms [...]

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Obama seeks to hitch US economy to Asian growth 

November 12, 2011
Obama seeks to hitch US economy to Asian growth 

President Barack Obama delivers remarks at the National Women’s Law Center’s Annual Awards dinner in Washington November 9, 2011. With Europe mired in crisis, President Barack Obama is launching a charm offensive this week to hitch the US economy to opportunities in Asia he hopes can help power the recovery he needs for re-election. Obama, [...]

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Greek cabinet backs debt crisis referendum 

November 2, 2011
Greek cabinet backs debt crisis referendum 

Greek Prime Minister George Papandreou secured the unanimous backing of his cabinet for a referendum on the eurozone debt rescue plan, government spokesman Elias Mossialos said early Wednesday. Greek Prime Minister George Papandreou secured the unanimous backing of his cabinet for a referendum on the eurozone debt rescue plan, government spokesman Elias Mossialos said early [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...