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Britain set to slash tax on goods and services
LONDON (AFP) - The British government is on Monday set to announce a cut in value added tax (VAT) to 15 percent from 17.5 percent to stimulate spending on goods and services as Britain faces recession, reports said.
Nations:U.K. People:Gordon Brown Activities:Global Financial Crisis Source:(AFP)
2008-11-23
Russia threatens to cut off gas to Ukraine
MOSCOW (AFP) - Russia's Gazprom will cut off gas deliveries to Ukraine on January 1 unless a new contract is signed, a company spokesman said on Saturday, making a threat that could affect deliveries to Europe.
Nations:Ukraine Russia People:Dmitry Medvedev Vladimir Putin Source:(AFP)
2008-11-22
US to convene 'urgent' meeting of global market regulators
WASHINGTON (AFP) - A teleconference of global market regulators will be held Monday to discuss "urgent" actions to confront the financial crisis, US officials announced Friday.
Activities:Global Financial Crisis Source:(AFP)
2008-11-22
Somali pirates vow to resist any rescue efforts
MOGADISHU8 (AFP) - Somali pirates holding a huge oil-laden Saudi tanker on Saturday vowed to fight back should any assault be attempted to free the ship and urged its owners to pay up a 25 million dollars ransom.
Nations:Somalia Russia Egypt Source:(AFP)
2008-11-22
Merkel warns 2009 will be 'year of bad news' for economy
BERLIN (AFP) - Chancellor Angela Merkel warned that 2009 will be "a year of bad news" for the economy, while a German regional bank announced it had secured Saturday up to 30 billion euros in state loan guarantees.
Nations:Germany People:Angela Merkel Activities:2008 Global Recession Source:(AFP)
2008-11-22
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Matches Shown: | 1-50 | 51-100
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