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Stories for March 18th 2009

• Wednesday, March 18th 2009 - 08:13 UTC

  Chile supports India as permanent member of UN Security Council

  

  India and Chile reaffirmed their support for a comprehensive reform of the United Nations including expansion of the Security Council to make the world body more representative, legitimate and effective.

• Wednesday, March 18th 2009 - 08:03 UTC

  Nobel Prize Krugman says US and EU stimulus packages insufficient

  

  The US economist and Nobel Laureate Paul Krugman said Tuesday that Europe and the United States should at least double their fiscal efforts in order to salvage the global economy.

• Wednesday, March 18th 2009 - 08:02 UTC

  Car sales in Chile plunge 55% in first two months of 2009

  

  Sales of new cars and light trucks in Chile plunged 54.8% in the first two months of 2009 compared to the same period a year ago the country's automotive association ANAC said Tuesday.

• Wednesday, March 18th 2009 - 07:43 UTC

  IMF forecasts 0.6% global contraction this year

  

  The International Monetary Fund expects the global economy to contract 0.6% this year, according to forecasts provided on Tuesday by an IMF official in Lisbon.