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Zimbabwe 2008 Budget Boggles With Z$7.84 Quadrillion Estimated Spending
Observers questioned Finance Minister Mumbengegwi's highly optimistic assumptions as to 2008 growth and inflation, and struggled to understand the order of magnitude of the budget total in the quadrillions ...
Government-Run Investment Funds Becoming Increasingly Powerful
Funds are controversial because of a lack of transparency and fear that their investments might be used for political purposes ...
India, EU Aim for Free Trade Deal in 2008
Analysts say there are doubts trade pact can come that quickly ...
Israel's Supreme Court Upholds Fuel Cuts to Gaza
Palestinians say measures are counterproductive ...
World Oil Prices Decline
Prices fell to as little as $88.52 a barrel in New York, before rising to $88.65 at close of trading, far below Monday's prices, which exceeded $99 ...
Brazil's Lula Launches Massive Works Program in Rio Slums
Multimillion-dollar plan to improve roads, build sanitation systems, upgrade housing for residents in slums outside Rio de Janeiro ...
Asian House Prices Soar
World Bank predicts that from now to 2015, half of world's construction will take place in China ...
EU Official Says Europe Must Drop Colonial Attitude Toward Africa
EU Development Commission Louis Michel says Europe should recognize the growing influence in Africa from other countries, including China and U.S. ...
Starbucks, Ethiopia Join Forces After Settling Trademark Dispute
Earlier, Ethiopia had accused Starbucks of blocking it from trade-marking names of distinctive Ethiopian coffees ...
Australia's Qantas Airline Pleads Guilty to Price-Fixing
Australia's Qantas airline has pleaded guilty to price-fixing and Vietnam will soon have its first aircraft-related production facility ...
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