The Media Line Staff Dubai, United Arab Emirates David Rosenberg (The Medi – Is Dubai back? That’s the question economists and government officials ask about once every six months, only to be disappointed. But this time, at least, the stock market seems to be answering yes. Dubai’s shares have rallied 30 percent so far this [...]
Posts Tagged ‘year’
Holiday, Williams lead 76ers past Cavs
February 13th, 2012
davidguide AHN Sports Staff Cleveland, OH, United States (AHN Sports) – Jrue Holiday scored 20 points and dished out 5 dimes and the Philadelphia 76ers defeated the Cleveland Cavaliers, 99-84, Saturday night at Quicken Loans Arena. Philadelphia snapped their two game losing skid in a big way as Holiday led six Sixers players in double figures [...]
Côte d’Ivoire one year on
December 2nd, 2011
davidguide Yamoussoukro, Ivory Coast (IRIN) – One year on from the presidential elections that caused conflict across Côte d’Ivoire, ex-President Laurent Gbagbo has been charged with crimes against humanity by the International Criminal Court (ICC), tensions have eased in most areas, the economy has improved, and almost all schools have reopened and hospitals are functioning. But [...]
New home sales fall in July
August 24th, 2011
davidguide Linda Young – AHN News Writer Washington, D.C., United States (AHN) – New home sales in the United States fell by 0.7 percent in July from June’s figures, marking the fourth consecutive month of drops, Commerce Department officials said Tuesday. At this rate, new home sales are set to finish the year at the worst [...]
Bank of America announces another 3,500 job cuts
August 19th, 2011
davidguide Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America has announced it would slash 3,500 jobs in addition to the 2,500 it let go earlier this year. The bank is under pressure from investors to increase profitability and analysts say that pressure will likely cause additional job cuts that [...]
Rejecting IMF loan, Egypt risks undermining economy
June 26th, 2011
davidguide The Media Line Staff Cairo, Egypt (TML) – Egypt’s decision to reject loans from the International Monetary Fund (IMF) and World Bank may save the government unwelcome political controversy at home, but it risks undermining the country’s already severely strained economy, economists warned. The terms of the IMF financing as well as the government’s plan [...]
March Case-Shiller shows double-dip in home prices
May 31st, 2011
davidguide WASHINGTON (MarketWatch) — The prices of single-family homes in 20 major cities fell for the eighth straight month and confirmed that there is a double-dip in the housing market, according to the S&P/Case-Shiller home price index released Tuesday by Standard & Poor’s. Home prices fell a non-seasonally adjusted 0.8% in March. Prices have moved down [...]
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