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News & Updates

November 14, 2008
G-20: Shaping a new world order

Source: CNNMoney

U.S. economic mettle tested as emboldened leaders of the world's 20 largest countries gather in Washington.

November 14, 2008
Record-level US support for bird flu program -- Indonesia, Viet Nam and Egypt among major beneficiary countries

Source: The United States

The United States will provide an additional $44.4 million in support of FAO's avian influenza control and prevention campaign, FAO announced today.

November 14, 2008
Europe Economy Falls Into First Recession in 15 Years

Source: Bloomberg.com

Europe's economy fell into its first recession in 15 years in the third quarter, paving the way for deeper cuts to interest rates and taxes amid the worst financial crisis since the Great Depression.

November 13, 2008
Obama asks bipartisan duo to meet officials at G20

Source: Reuters

President-elect Barack Obama on Wednesday named a bipartisan duo of Washington veterans to meet foreign delegations at this weekend's global financial summit, opening communication between the next U.S. administration and its...

November 13, 2008
Approximately $20 Billion in U.S. Assets Allegedly Concealed from IRS

Source: U.S Justice Department

Three leading electronics manufacturers –LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. –have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix...

November 13, 2008
Corporate Social Responsibility Report: Buyers audit suppliers' ethics

Source: Purchasing.com

A string of revelations about poor labor, environmental and ethics practices among some low-cost-country suppliers has prompted purchasing organizations to expand their monitoring of business practices in the supply base.

 

November 13, 2008
Bush Warns Against Dismantling Market Systems to Solve Crisis

Source: Bloomberg.com

President George W. Bush today will urge leaders of the world's biggest industrial and developing economies not to abandon principles of free-market capitalism as they seek a way out of an international financial crisis, calling...

November 13, 2008
What to Expect From the Economic Crisis Summit

Source: U.S, News and World Report

With the advanced industrial economies staring at the unnerving prospect of their collective output falling in 2009—for the first time since the World War II era—President Bush is about to host a dramatic summit aimed at charting...

November 13, 2008
German Economy Enters Worst Recession in 12 Years

Source: Bloomberg.com

The German economy, Europe's largest, contracted more than economists expected in the third quarter, pushing the nation into the worst recession in at least 12 years.

 

November 12, 2008
U.S. governors to co-host global summit on climate change

Source: Chinaview.com

California Governor Arnold Schwarzenegger announced on Tuesday that U.S. governors will be joining him as co-hosts of a global summit on climate change. The Governors' Global Climate Summit will be held in Los Angeles on Nov....

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