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Venezuela mulls takeover of local Pfizer plant
CARACAS, Venezuela (AP) - Venezuela's government may take temporary control of a shuttered medicine plant that belongs to Pfizer Inc., a top official said Friday, suggesting that the New York-based company should resume production.
Venezuela boosts control over petrochemicals
CARACAS: Lawmakers loyal to President Hugo Chavez gave final approval on Tuesday to a bill paving the way for Venezuela's government to take a minimum 50 percent stake in the country's petrochemical companies.
Castro says Cuba to cut spending, communism secure
HAVANA (AP): Raul Castro announced Saturday that Cuba will cut spending on education and health care, potentially weakening the building blocks of its communist system in a bid to revive a foundering economy.
Green initiatives
In the battle against climate change, Philips calls for energy-efficient lighting solutions.
Bankers at Davos told more regulation on the way
DAVOS, Switzerland (AP): Regulators from the world's major developed countries have told bankers far and wide in Davos that greater regulation is on the way, a defensive move aimed at avoiding a repeat of last year's financial meltdown that dragged most of the world into recession.
China and the global economy
Andrew Sheng feels that the issues surrounding the Greek crisis andthe Chinese renminbi deserve a more objective evaluation.
Is Malaysia in danger of going bankrupt?
Quah Boon Huat discusses how Malaysia can avoid going bankrupt.
Indochina economies on the path to reform and liberalisation
IN many ways, the Indochina region comprising Vietnam, Cambodia, Laos, and Myanmar is akin to an emerging giant.
