Government News
- Wish list sent to Obama Tuesday, January 6, 2009 @ 1:39AMCHEYENNE - Gov. Dave Freudenthal has sent a $1 billion wish list to President-elect Barack Obama.
- State legislators view smaller surplus Tuesday, January 6, 2009 @ 1:39AMCODY - Despite a national economy in turmoil and sinking energy prices, Wyoming is still likely to see a significant budget surplus this year, said Rep. Colin Simpson.
- NASA tries something new Tuesday, January 6, 2009 @ 1:39AMNASA talks from time to time about the commercialization of space. Last week, instead of just talking the talk, it walked the walk.
- China’s potential remains intact – Hamon Tuesday, January 6, 2009 @ 1:39AMHong Kong-based asset management firm Hamon Investment Group still has long-term enthusiasm for China and believes its economic potential remains strong despite the recent market fall.
- Broadcast stations to conduct final test today Tuesday, January 6, 2009 @ 1:39AMToday is the final scheduled test of Houston broadcast stations in advance of next month’s switch from analog to digital TV signals.
- Public health director to retire Tuesday, January 6, 2009 @ 1:38AMDevlin pushed for higher cigarette tax.
- Olson paying attention to lingering Ike concerns Tuesday, January 6, 2009 @ 1:38AMAs they work together to improve Texas hurricane recovery, state legislators need the cooperation of their congressional leaders, and newly-elected Rep. Pete Olson says they have his ear.
- Helen Suzman laid to rest Sunday, January 4, 2009 @ 8:15AMTop politicians including Helen Zille and President Kgalema Motlanthe have attended the funeral of anti-apartheid activist Helen Suzman in Johannesburg.
- Some cautious hope Sunday, January 4, 2009 @ 8:15AMAfter despair in 2008, invest smartly in 2009. The year 2008 has tested all investors. Besides a steady fall in the equity market, albeit with high volatility in some months, even other asset classes have seen a steady decline.
- OTTAWA YARD SPOTTER Sunday, January 4, 2009 @ 8:14AMPrice: Call! * * Plus government fees and taxes, any finance charges, any dealer document preparation charge, and any emission testing charge. Titled spotter.
- Check It Out Sunday, January 4, 2009 @ 8:14AM(IsraelNN.com) France’s President Nicolas Sarkozy will arrive in Israel on Monday afternoon for a one-day visit with top government officials. Sarkozy’s trip is part of French and European efforts to bring a ceasefire between Israel and the Hamas.
- Just the facts on the Valley incident Sunday, January 4, 2009 @ 8:14AMhe Philippine Blogosphere (a coined word that has come to mean the prevailing opinion on a particular issue as reflected by bloggers on the internet) has been agog over an incident in Valley Golf and Country Club in which one participant reported that her kid brother and her 56-year old father were beaten senseless by a cabinet secretary’s son – a small town mayor in Lanao – over nothing.
- Sebi questions Sardar Sarovar action Sunday, January 4, 2009 @ 8:14AMCompany told to disclose method for arriving at the deep discount bond redemption price. The Securities and Exchange Board of India (Sebi) has directed Sardar Sarovar Narmada Nigam to disclose the method for arriving at the redemption price to the holders of its deep discount bonds.
- Oil PSU officers to go on strike from January 7 Sunday, January 4, 2009 @ 8:14AMCalling a ministerial group formed to look into their demand for higher pay an eyewash, PSU oil firm executives today said they will go on indefinite strike from January 7.
- Aberdeen lured by India bonds, Investec favours Brazil Sunday, January 4, 2009 @ 8:13AMInternational investors are buying Brazilian, Indian and Indonesian bonds, driving the biggest monthly gain in emerging-market debt in at least three years, as the central banks cut interest rates to support their economies.
- Wal-Mart set to repeat share gains Sunday, January 4, 2009 @ 8:13AMWal-Mart Stores Inc, the world’s biggest retailer, may be poised for share gains exceeding 10 per cent for a second straight year as discounts on groceries and flat-panel televisions grab customers from Target Corp.
- OVL to bid for oil and gas blocks in Iraq Friday, January 2, 2009 @ 9:29PMONGC Videsh Ltd (OVL), the overseas investment arm of India’s largest oil producer Oil and Natural Gas Corporation (ONGC), is planning to bid for a “few” of the 19 exploration blocks being offered under two bidding rounds by Iraq, which has the world’s third-largest oil reserves.
- Industry happy with package, exporters disappointed Friday, January 2, 2009 @ 9:29PMIndustry today welcomed fresh stimulus measures, mainly cut in policy lending rates by the Reserve Bank of India (RBI) and focus on infrastructure funding by the government, but exporters reeling under the global meltdown found the package "disappointing".
- Govt takes steps to revive CV sales Friday, January 2, 2009 @ 9:29PMThe government today announced a slew of measures, including credit to NBFCs and providing accelerated depreciation of 50 per cent, to boost sales of commercial vehicles.
- Duty exemption on TMT bars, customs duty on zinc withdrawn Friday, January 2, 2009 @ 9:28PMThe government today withdrew the exemptions on countervailing duty (CVD) on imports of TMT bars, providing relief to domestic manufacturers of the items used in the construction sector.
- Govt to recapitalise public sector banks Friday, January 2, 2009 @ 9:28PMPledging a Rs 20,000 crore recapitalisation package for public sector banks in the next two years, the government today said the credit target of the banks are being revised upward to prop up economy.
- Sensex ends below 10k; Hindalco, Rel Infra gain Friday, January 2, 2009 @ 9:28PMThe Sensex opened 70 points higher at 9,973, and soon slipped into negative zone to touch a low of 9,864. However, on expectations of the government announcing second stimulus package, the index bounced back on a strong rally in capital goods, realty and banking counters and crossed the 10,000-mark.
- PML-N to requisition NA session: Nawaz criticises govt over power, gas shortage Friday, January 2, 2009 @ 9:27PMFAISALABAD, Jan 2: Pakistan Muslim League-N chief Nawaz Sharif has said the people of the country are facing immense hardship because of the ill-conceived policies of the federal government which have caused severe shortages of gas and electricity and long hours of loadshedding.
- Chrysler LLC says it’s received $4B bridge loan Friday, January 2, 2009 @ 9:27PMAUBURN HILLS, Mich. (AP) - Chrysler LLC’s chief says the automaker has received an initial $4 billion loan from the U.S. Treasury Department.
- D Swarup, Thursday, January 1, 2009 @ 3:01AMOpening the pension fund business to private fund managers will be among the biggest reforms in 2009. Pension Fund Regulatory and Development Authority Chairman who is in the midst of finalising the blueprint for all citizens to plan their retirement, spoke to Sidhartha about what lies ahead.
- Nano goes on a test drive in the rugged Garhwal Thursday, January 1, 2009 @ 3:00AMPeople in the hilly town of Gopeshwar in Chamoli district were recently surprised to see the Nano, Tata Motors’ controversial Rs 1 lakh car, parked on a roadside.
- S&P downgrades RIL, IOC Thursday, January 1, 2009 @ 3:00AMReliance Industries (RIL), India’s largest company by market capitalisation, had its credit rating outlook downgraded by Standard & Poor’s (S&P) as the company’s debt has increased and profits are likely to be lower due lower demand for oil products and petrochemicals.
- Ceasefire Discussed, Troops Poised to Enter Gaza Thursday, January 1, 2009 @ 2:59AM(IsraelNN.com) As the war in Gaza entered its sixth day, diplomatic attempts to reach a ceasefire intensified on Thursday. Security sources emphasize that the first stage of bombing Gaza has almost reached completion and that troops are ready to enter Gaza if necessary.
- Buy U.S. Company Bonds After Risk Rout, Alliance Bernstein Says Monday, December 29, 2008 @ 10:50PMDec. 30 (Bloomberg) -- Investors should buy U.S. companies’ debt because prices probably will rise next year as the market is overestimating the risk that borrowers will default, according to Alliance Bernstein Japan Ltd.
- Chile sues over false reports of Pinochet-era missing Monday, December 29, 2008 @ 10:49PMChilean officials on Monday said they would sue families who falsely claimed that their relatives went missing during the dictatorship of the late general Augusto Pinochet. The move comes days after
- Dollar Coins Monday, December 29, 2008 @ 10:49PMDollars coins instead of dollar bills are part of an effort to protect the environment and save the government money. A dollar coin lasts 30 to 40 years.
- Team Frees Endangered Right Whale Caught in Fishing Lines off Florida Monday, December 29, 2008 @ 10:48PMA team of federal, state and nonprofit marine mammal experts managed to free a critically endangered right whale this weekend off the Florida coast after it became tangled in fishing lines during its annual migration along the Eastern seaboard.
- KTAR Story Archives Monday, December 29, 2008 @ 10:48PMPeople in the Yuma area felt a rumble over the weekend when a magnitude-4.5 earthquake rattled the Mexico-California border region.
- Hyundai seeks govt help as exports slump Monday, December 29, 2008 @ 10:48PMHyundai Motor India (HMIL), the manufacturer of the iconic i10 and i20 compact cars in the country, faces a steep drop in export orders for 2009. “I’m concerned at the low export orders we have got so far for the next year.
- Premarital Abstinence Pledges Ineffective, Study Finds Monday, December 29, 2008 @ 10:48PMTeenagers who pledge to remain virgins until marriage are just as likely to have premarital sex as those who do not promise abstinence and are significantly less likely to use condoms and other forms of birth control when they do, according to a study released today.
- GMAC To Get $6 Billion Lifeline Monday, December 29, 2008 @ 10:48PMThe government will invest $6 billion to prop up GMAC, the auto financing giant, expanding its bailout of the troubled U.S. auto industry, the Treasury Department said last night.
- Israel bombs university in Gaza Sunday, December 28, 2008 @ 5:35PMIsraeli jets bomb a university in the Gaza Strip, as air raids against Hamas continue for a second day.
- Bangladesh returns to democracy with election Sunday, December 28, 2008 @ 5:35PMDHAKA, Dec 29 (Reuters) - Tens of millions of Bangladeshis are expected to stream to the polls on Monday in an election that returns the country to democracy after two years of emergency rule and tests the political maturity of its leaders and people.
- Kedah Puteri Umno chief hails 7,000 new recruits Sunday, December 28, 2008 @ 5:35PMALOR STAR: Seven thousand young women recruited as Puteri Umno members in 24 days -- this was proof that Umno is still relevant among the younger generation, said state Puteri chief Shahanim Mohd Yusoff.
- FBR mulling to replace GST with VAT Sunday, December 28, 2008 @ 5:34PMKARACHI (December 29 2008): The Federal Board of Revenue (FBR) is mulling to completely replace the general sales tax (GST) with the Value Added Tax (VAT), likely by the end of 2009. Sources in the Regional Tax Office (RTO) told Business Recorder on Saturday that this was suggested by a member of IMF delegation led by Masood Ahmad, Director, Middle East department, in his speech.
- CFS shares settlement: 82 financees, 38 financiers submit consent to NCCPL Sunday, December 28, 2008 @ 5:34PMKARACHI (December 29 2008): As many as 82 financees have sent requisite consent letter to National Clearing Company of Pakistan Limited (NCCPL) for settlement of their outstanding CFS shares worth Rs 3.5 billion to Rs 5 billion, while 38 financiers submitted their willingness to buy these shares here on Sunday.
- CAIRN INDIA Reco price: Sunday, December 28, 2008 @ 5:34PMCairn India’s new discovery of oil and gas in its Rajasthan block (RJ-ON-90/1) is a positive trigger for the stock. Although, the management has not disclosed details of the reserves, this discovery increases the likelihood of upward revision to Cairn’s reserve estimates.
- Jim Walker Sunday, December 28, 2008 @ 5:34PM, the founder and managing director of Hong Kong-based Asianomics, believes that the worst is not yet over and there could be bad news flowing with regards to industrial and GDP numbers. The corporate earnings could equally be in bad shape and surprise the markets.
- Uproar in Australia over plan to block Web sites Friday, December 26, 2008 @ 4:14PMSYDNEY, Australia (AP) — A proposed Internet filter dubbed the “Great Aussie Firewall” is promising to make Australia one of the strictest Internet regulators among democratic countries.
- For Obama, huge challenges vs. big assets Friday, December 26, 2008 @ 4:14PMWASHINGTON (AP) — Barack Obama will inherit two wars and the worst economic conditions in three generations when he takes the oath of office on Jan. 20. Ironically, that challenge might be a blessing for the president-elect — unemployment is so high and consumer confidence so low that even modest improvements will let him claim progress.
- QC to share budget for flood control Friday, December 26, 2008 @ 4:14PMMANILA, Philippines – The Quezon City government is willing to undertake infrastructure projects with the Metropolitan Manila Development Authority that seek to minimize flooding in the city.
- Greed Friday, December 26, 2008 @ 4:14PMPope Benedict XVI has put his finger on what has eluded the grasp of political leaders and economic experts seeking to find the reason for the financial meltdown that sparked the global recession.
- Inflation down to 6.61%, experts predict rate cut Friday, December 26, 2008 @ 4:14PMEconomists say headline inflation to drop to 2-3% by 2008-09. Inflation for the second week of December hit a nine-month low of 6.61 per cent as the global economy stalled, sending prices southwards.
- Electric trikes ply Global City Friday, December 26, 2008 @ 4:14PMMANILA, Philippines – It’s way cheaper to maintain one, it’s environmentally friendly and, above all, drivers and passengers agree the electric tricycle is safe to ride in.
- Draft of proposed county government charter nearly complete Friday, December 26, 2008 @ 4:13PMEarly in the new year, Franklin County residents will get their first look at the proposed county government charter.