Stories for November 16th 2006

Thursday, November 16th 2006 - 20:00 UTC

Energy and IMF reform in G-20 financial agenda

IMF Managing Director Rodrigo Rato, World Bank President Paul Wolfowitz and Federal Reserve Chairrman, among other outstanding figures from financial circles are scheduled to take part in the G-20 discussions this weekend in Australia.

Thursday, November 16th 2006 - 20:00 UTC

Lula da Silva calls for “boldness” to boost economy

Brazilian president Luiz Inacio Lula da Silva called for “more boldness” to help the country's economy expand at an annual 5% beginning 2007, in spite of recent forecasts from government offices indicating this can only be possible in ten years time.

Thursday, November 16th 2006 - 20:00 UTC

Cent Am summit targets corruption

The presidents of Central American countries have signed a pact at the opening of an anti-corruption summit.

Thursday, November 16th 2006 - 20:00 UTC

Annan urges action on global warming

The UN chief lamented “a frightening lack of leadership” in fashioning next steps in reducing global emissions.

Thursday, November 16th 2006 - 20:00 UTC

Falklands' mine clearance study to begin December

A top line UK university will submit next February a report related to the feasibility study on the clearance of land mines in the Falkland Islands, was jointly announced by Argentina and the United Kingdom.

Thursday, November 16th 2006 - 20:00 UTC

China's industrial production hectic pace softens

China's industrial output grew at its slowest annual rate in almost two years last October according to the latest official release. Although production increased by 14.7% over October 2005, it was down from the 16.1% growth in September.

Thursday, November 16th 2006 - 20:00 UTC

US economic data gradually improving

United States consumer prices dropped 0.5% in October on the back of cheaper oil for the second month in a row according to the latest release from the Labor Department.

Thursday, November 16th 2006 - 20:00 UTC

Immigrants' contribution to Spanish boom

Immigration in Spain which jumped fourfold in the last six years is responsible for half the economic growth of the country in the last decade helping to reduce unemployment and improve revenues.