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Oct 14 2009

Data lifts China recovery hopes

By Agencies

China's export-dependent economy was hit hard by the global economic slowdown

Better-than-expected trade data has shown demand for Chinese goods is continuing to improve, in the latest sign of recovery for the world's third-largest economy.

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Tags: China recovery

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Utility closure sparks Mexico anger

By Agencies

Thousands of LFC workers have protested against the decision to shut down the utility [EPA]
The Mexican government has found itself facing off against the country's powerful electrical workers union, after announcing the closure of a state-run power company.

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Tags: Mexico

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Putin pushes trade on China visit

By Agencies

Putin, right, will meet top Chinese leaders during his three-day visit [AFP]

Russia's prime minister, Vladimir Putin, has begun a three-day visit to China overseeing the signing of deals worth $3.5bn between Russian and Chinese companies.

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Tags: Putin China trade

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US woman shares economics Nobel

By Agencies

Ostrom and Williamson will share the $1.4m prize for economics [EPA]

An academic who proved that communities can trump state control and corporations has become the first woman to win the Nobel prize in economics since it began in 1968, sharing it with an expert on conflict resolution.

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Tags: Economics Nobel Oliver Williamson Elinor Ostrom

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UK in $25bn sale of state assets

By Agencies

Gordon Brown, the British prime minister, has announced a $25bn sale of state assets, including the Channel Tunnel rail link, in a bid to cut soaring debt caused by the global economic crisis.