Thursday, January 29, 2009

Business chiefs see more universal gloom

Business and banking executives warned at a conference in Riyadh on Tuesday of worse times ahead for the global economy and urged greater efforts by the US government to turn its economy around.

As new US President Barack Obama began lobbying the US Congress for his 825 billion dollar stimulus plan, speakers at the Global Competitiveness Conference said it would likely not be enough for the US or the world...

Read more Business chiefs see more gloom

Source: middle east online

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