Stories for June 23rd 2009

Tuesday, June 23rd 2009 - 08:04 UTC
Roubini: risk of double dip recession in advanced economies

The influential economist Nouriel Roubini, who rose to prominence for predicting the global credit crisis, said there is a risk that advanced economies will suffer a double dip recession and pointed out he saw more signs of “yellow weeds” than the green shoots of economic recovery.
Tuesday, June 23rd 2009 - 08:01 UTC
Argentine industry warns of “political crisis”, more serious than “economic crisis

The head of Argentina’s powerful Industrial Union, UIA, said the country is going through “a political crisis” which is more severe than the economic crisis and ventured that the current electoral climate “does not offer significant political alternatives or leaderships”.
Tuesday, June 23rd 2009 - 07:57 UTC
New soybean strain completes regulatory submission in Brazil

Monsanto announced Monday it has completed regulatory submission in Brazil for its insect-protected Roundup Ready 2 Yield(TM) soybeans. The stacked trait product provides both protection from feeding damage caused by lepidopteran insect pests (moths and butterflies) in Brazil and tolerance to Roundup(R) agricultural herbicides.

Roubini: risk of double dip recession in advanced economies