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Gold ends lower on falling oil, strong dollar

July 7th, 2009

Gold futures on the COMEX Division of the New York Mercantile Exchange fell on Monday as oil plummeted on demand worries and the U.S. dollar went up. Silver and platinum both finished lower. Gold price for August delivery lost 6.70 U.S. dollars, or 0.7 percent, finishing at 924.30 dollars an ounce. Earlier in the session, [...]

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U.S. offers $73 mln aid to Zimbabwe

June 13th, 2009

U.S. President Barack Obama on Friday announced a 73-million-dollar humanitarian aid “directly to the people in Zimbabwe.” “I have committed 73 million dollars in assistance to Zimbabwe,” Obama told reporters after meeting with Zimbabwean Prime Minister Morgan Tsvangirai in the White House. U.S. President Barack Obama (R) meets with Zimbabwe’s Prime Minister Morgan Tsvangirai in [...]

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Blackrock agrees to acquire Barclays Global Investor

June 13th, 2009

BlackRock, Inc., one of the world’s largest publicly traded investment management firms, has announced it will acquire Barclays Global Investors (BGI) for 13.5 billion U.S. dollars. An employee walks out of Blackrock’s headquarters in midtown Manhattan, New York, the United States, June 12, 2009. BlackRock Inc.said Friday that it will acquire Barclays Global Investors (BGI) [...]

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China to raise gasoline, diesel benchmark retail prices

June 1st, 2009

China will raise gasoline and diesel benchmark retail prices by 400 yuan (58.6 U.S. dollars) per tonne as of Monday, the National Development and Reform Commission(NDRC) announced Sunday. Worker in a gas station is adjusting price board in Hefei, Anhui Provice, on wee hours June 1st, 2009. China will raise gasoline and diesel benchmark retail prices [...]

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Explosion in Pakistan’s Lahore, at least 23 killed

May 27th, 2009

An explosion took place in eastern Pakistan’s Lahore city on Wednesday, killing at least 23 people, private DAWN NEWS TV channel reported. Rescue workers carry an victim from the site of a car-bomb blast in Lahore on May 27, 2009. A suicide car bomb on Wednesday flattened a police building in Pakistan’s city of Lahore, [...]

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Eurozone industrial new orders down by 0.8% in March

May 27th, 2009

The eurozone industrial new orders dropped by 0.8 percent month on month in March and by 26.9 percent year on year, the European Union (EU)’s statistics bureau Eurostat said Tuesday. In February, the monthly index remained unchanged. Excluding ships, railway and aerospace equipment, for which changes tend to be more volatile, industrial new orders fell [...]

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Panama’s general elections voting ends

May 4th, 2009

Panama’s general elections voting ended on Sunday at 4:00 p.m. (2100 GMT). Panama’s presidential candidate Ricardo Martinelli of the Democratic Change (CD) party talks to journalists at his home prior to presidential elections in Panama City, May 3, 2009.(Xinhua/Reuters Photo) More than 2.2 million Panamanians out of the country’s 3.3 million population have registered to [...]

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Mexico raises death toll of A/H1N1 flu to 22

May 4th, 2009

Mexican Health Minister Jose Angel Cordova Villalobos late Sunday raised the death toll of the A/H1N1 flu to 22 and the number of infected cases to 568 in the country. People wear surgical masks in Mexico city, May 3, 2009. Mexican Health Minister Jose Angel Cordova Villalobos late Sunday raised the death toll of the [...]

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ANC almost certain to win S. Africa’s general election

April 22nd, 2009

South Africa’s ruling party African National Congress (ANC) is almost certain to win the April 22 election, but it still faces the biggest challenge since coming to power at the end of apartheid in 1994, according to latest surveys. People pass by posters of presidential candidates in Johannesburg, April 21, 2009. South Africa will …

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Mass rally held in Tbilisi to urge Georgian president’s resignation

April 10th, 2009

Tens of thousands of demonstrators gathered in front of the Georgian parliament on Thursday, urging President Mikhail Saakashvili to resign over the strained ties with Russia as well as the sluggish economy at home. Thousands of Georgians hold a rally against Georgian President Mikheil Saakashvili, calling on his resignation, in front of Parliament Building in [...]

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