AP – An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial beginning Monday that is viewed as a barometer of China’s handling of foreign business.
AP – Retiree Richard Moore arrived at Heathrow with a suitcase of summer clothes for a Miami cruise only to be sent to Denver. Susan Danby wondered if plans for a joint 50th birthday celebration in Las Vegas would be a losing bet.
AFP – GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia’s crisis-hit auto industry.
AP – China could report a trade deficit in March, the country’s commerce minister said Sunday as he rejected U.S. pressure to ease currency controls and blamed Washington for the Sino-U.S. trade gap.
AP – First gold, then coal and iron ore. Now, a new bonanza is about to be unleashed from beneath Down Under: Australia’s got gas.
AFP – The financial crisis rocking Greece has brought into focus the warped reality of the country’s civil service, where a long tradition of political perks has bred fiscal disaster, analysts say.
Reuters – Developed countries with big budget deficits must start now to prepare public opinion for the belt-tightening that will be needed starting next year, the No. 2 official at the IMF said on Sunday.
AP – Thousands of people have rallied across Russia to denounce the government’s economic policy and demand more freedom in a new challenge to the Kremlin reflecting increasing disillusionment and a growing potential for protests.
AP – The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President Barack Obama said Saturday.
AP – A 16-year-old boy who police said made an announcement at Walmart ordering all black people in the southern New Jersey store to leave was charged with harassment and bias intimidation, authorities said Saturday.
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