Tuesday, March 24, 2009

Great news from around the world

Per capita income rose slower than inflation in Florida last year, meaning the average person was effectively earning less, according to federal statistics released Tuesday.

Airline losses are expected to reach $4.7 billion in 2009

The Czech government loses a vote of confidence in parliament midway through the country's six-month EU presidency. Resign time.

According to Amnesty International (which normally shouldn’t be trusted though) the number of state executions almost doubled last year worldwide, with China accounting for nearly three-quarters of the total.

outsourcing firms in India are seeing a rapid decline in businesses. Mainly because of the US raising anti-outsourcing sentiments. (Obama is at the same time taking a stand against protectionism… )

chief executive Leif Johansson told Dow Jones Newswires that he believes that Sales of heavy trucks in Europe are set to drop 40 per cent in 2009

Fed Chairman Ben Bernanke says his hands were legally tied in dealing with AIG bonuses. Bernanke and Treasury's Timothy Geithner, testifying before a House panel, say new laws are needed on bankruptcies involving large financial institutions. (Maybe they can make use of Obamas new Jugend squads?)

Adcorp Australia Ltd net profit was down 21.1% to $1.5 million in the half-year to December 31, 2008, on revenue down 1% to $18.9 million.

Food prices have risen by between 10 and 111 per cent in the last three months in Kenya

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