Obama defends budget as deficit forecast surges
WASHINGTON AFP - US President Barack Obama defended his budget plans Saturday- insisting that he remained committed to halving the deficit within four years despite new data showing it was bigger than expected. ...
Sat 21st March 2009 - 10:28pm
Japan warns Africa over economy
GABARONE AFP - Japanese Foreign Minister Hirofumi Nakasone warned that the global economic crisis would affect Africa for at least two years- as he opened a development conference in Botswana on Saturday. ...
Sat 21st March 2009 - 10:14pm
Treasury to act on toxic assets- report
The US government is set to unveil a three-step plan to sell toxic assets weighing down the financial system. ...
Sat 21st March 2009 - 02:48pm
Government says financial crisis will hit hard
The Premier Colin Barnett has named the global financial crisis as the biggest challenge his Government will face in the lead up to the next state election. ...
Sat 21st March 2009 - 02:27pm
Small businesses suffer in US financial centres
Small businesses in Charlotte- North Carolina are suffering from the changed spending habits of their clients as ABC correspondent Kim Landers reports. ...
Sat 21st March 2009 - 01:56pm
Small businesses suffer in US financial centres
Small businesses in Charlotte- North Carolina are suffering from the changed spending habits of their clients as ABC correspondent Kim Landers reports. ...
Sat 21st March 2009 - 01:54pm
Calls for Barrier Reef to be declared disaster area
There are calls for a natural disaster to be declared over half of the Great Barrier Reef because of damage caused by Cyclone Hamish. ...
Sat 21st March 2009 - 01:35pm
Qld seafood safe from oil contamination so far
There is no evidence of oil contamination in the first batch of seafood tested from the area affected by last weeks south-east Queensland oil spill. ...
Sat 21st March 2009 - 01:32pm
BHP Billiton promises to improve safety
Mines Minister Norman Moore says BHP Billiton has vowed to improve its safety record after the fifth fatality in Western Australia in eight months. ...
Sat 21st March 2009 - 12:24pm
Scullion slams airline tender stuff up
Northern Territory Country Liberals Senator Nigel Scullion says jobs have been lost because of a Federal Government bungle. ...
Sat 21st March 2009 - 11:20am
Scullion slams airline tender stuff up
Northern Territory Country Liberals Senator Nigel Scullion says jobs have been lost because of a Federal Government bungle. ...
Sat 21st March 2009 - 10:44am
GM- Chrysler may need more aid- Treasury
GM and Chrysler could need -amp quotconsiderably -amp quot more aid than the $US21.6b $A31.54b in additional loans they have asked for- a US Treasury official said. ...
Sat 21st March 2009 - 10:43am
Private schools on track for stimulus package building works
South Australian private schools say they are well on track to meet the Federal Governments deadlines for new building works under its economic stimulus package. ...
Sat 21st March 2009 - 10:40am
More shipping jobs for Tas
A Tasmanian freight and passenger service has secured a major contract and expanding its services. ...
Sat 21st March 2009 - 09:31am
US banks lost $US32b in 2008 4th quarter
Revised figures showed the US banking sector lost a combined $US32.1 billion $A46.87 billion in the fourth quarter last year- the industry's regulator said. ...
Sat 21st March 2009 - 09:17am
Argentina farmers launch new strike against Kirchner
BUENOS AIRES AFP - Argentinas powerful farming leaders Friday launched a seven-day strike in response to the governments refusal to lower export taxes on soybeans- the countrys main crop. ...
Sat 21st March 2009 - 08:50am
Citigroup says AIG tax would hurt firm- sector
NEW YORK AFP - Citigroups top executive said Friday the special tax being considered in Congress on bonuses to bailed out firms could -amp quotset back -amp quot efforts to restore profitability at the ailing banking giant. ...
Sat 21st March 2009 - 08:18am
Oil slips as economy- equities weigh
NEW YORK- March 20 - Oil fell on Friday- dragged down by economic concerns- the stronger dollar and a dip in the stock market. ...
Sat 21st March 2009 - 06:46am
EU pledge $A249b for eastern Europe- IMF
EU leaders pledged 125 billion euros $A249.38 billion on Friday in support for eastern Europe and the International Monetary Fund. ...
Sat 21st March 2009 - 06:34am
US banking sector lost $26 bln in 2008 4th quarter
WASHINGTON AFP - Revised figures showed the US banking sector lost a combined 32. ...
Sat 21st March 2009 - 06:26am
Citigroup names CFO Citi Holdings boss
Citigroup has shaken up its management- tapping its chief financial officer to head Citi Holdings- a new unit holding relatively risky assets. ...
Sat 21st March 2009 - 06:23am
Oil slips towards $51 as equities little changed
NEW YORK- March 20 - Oil fell 38 cents a barrel in choppy trade on Friday as stock markets seesawed and the April contract headed toward expiry. ...
Sat 21st March 2009 - 04:59am
Oil slips towards $51 as equities little changed
NEW YORK- March 20 - Oil fell 38 cents a barrel in choppy trade on Friday as stock markets seesawed and the April contract headed toward expiry. ...
Sat 21st March 2009 - 04:17am
Oil at $52- recoups losses after ship collision
LONDON- March 20 - Oil hovered above a four-month high on Friday at $52 a barrel- recouping earlier losses as the market sought a new base above $50 and after news of a ship collision in the key Strait of Hormuz shipping lane. ...
Sat 21st March 2009 - 02:21am
New IR laws give unions too much power
Employer groups and the resources sector are warning of significant job losses as a result of the Federal Governments new workplace laws. ...
Sat 21st March 2009 - 12:49am
New IR laws give unions too much power
Employer groups and the resources sector are warning of significant job losses as a result of the Federal Governments new workplace laws. ...
Sat 21st March 2009 - 12:43am
New IR laws give unions too much power
Employer groups and the resources sector are warning of significant job losses as a result of the Federal Governments new workplace laws. ...
Sat 21st March 2009 - 12:22am
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