The country’s biggest hydropower plant in Himachal Pradesh has marked a record in power generation in the last fiscal, an official statement said here Saturday. View full post on All Stories
Posts Tagged ‘country’
U.S., other industrialized nations to join in currency intervention to help yen
Posted by davidguide on March 18th, 2011
Major industrialized nations will combine in a rare coordinated currency intervention to keep the Japanese yen from rising too sharply in value in the wake of the country’s recent natural disaster, a sign of the deep global concern about the health of the world’s third largest economy. View full post on All Stories
Spain’s Battle against the Clock: Madrid Is Saving to Save the Euro, But Will It Be Enough?
Posted by davidguide on February 4th, 2011
Spain’s economy has hit bottom, with unemployment soaring past 20 percent, as speculators bet the country will require an EU bailout. Prime Minister José Luis Rodriguez Zapatero is undertaking mass austerity measures and he has been praised for his action by German Chancellor Angela Merkel. The stakes are high: If Spain goes bust, the euro [...]
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Bulgarian PM Lashes Out at Econ Min to Defend Oil Company
Bulgarian PM Boyko Borisov has severely castigated Minister of Economy and Energy Traicho Traikov for issuing critical comments on the price-formation of oil company Lukoil in Bulgaria. In the past few days, Traikov has stated that he has doubts about the prices of Lukoil, in particular that he is suspecting that an excessive pumping of [...]