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Stories for November 27th 2009

• Friday, November 27th 2009 - 08:43 UTC

  Ecuadorean oil in exchange for Chinese credits, cooperation and war planes

  

  Ecuador and China signed this week three cooperation agreements worth 442 million US dollars including a loan to buy four warplanes, announced the Ecuadorian government. The two countries are also planning joint operations in developing oil fields in the Amazon zone.

• Friday, November 27th 2009 - 08:40 UTC

  Volkswagen plans to invest 3.5 billion USD in next five years

  

  Volkswagen do Brasil said Thursday it will invest the equivalent of 3.5 billion US dollars in Brazil between 2010 and 2014 in an attempt to overtake Fiat as the country's number one car and truck retailer.

• Friday, November 27th 2009 - 08:38 UTC

  IMF identifies four crucial challenges ahead for policymakers

  

  International Monetary Fund Managing Director Dominique Strauss-Kahn said the global economy has made remarkable progress and now stands at the cusp of recovery, but it still remains highly vulnerable to shocks and policy missteps

• Friday, November 27th 2009 - 08:36 UTC

  Dubai’s financial health sends shock waves to world markets

  

  European, Asian and Latinamerican shares have been hit by concerns over Dubai's financial health, after a government-owned company asked for an extension on repaying its debts.