Archive for March 3rd, 2008

Australia to create world’s No. 2 zinc producer

Monday, March 3rd, 2008

Australia's Oxiana Ltd and Zinifex Ltd announced Monday that they have agreed to merge, creating the world's second-largest producer of zinc and a substantial producer of copper, lead, gold and silver. Oxiana agreed to buy Zinifex f ...

Germany remains world’s No. 1 in exports

Monday, March 3rd, 2008

According to the German Federal Statistical Office, Germany's annual exports reached 969.1 billion euros (about 1.4 trillion U.S. dollars) in 2007. Hence, Germany has remained the "World Export Champion" for five consecutive years. Ge ...

Iran, Iraq to review issue of joint oil wells

Monday, March 3rd, 2008

Iranian Foreign Ministry spokesman Mohammad-Ali Hosseini announced on Sunday that Iran and Iraq are to review the issue of the two countries' joint oil wells, the official IRNA news agency reported. He told reporters during his week ...

British gas bosses ordered to "give back profits"

Monday, March 3rd, 2008

The heads of Britain's biggest gas and electricity companies are being ordered by the government to hand over part of their multi-billion pound profits, or face a new windfall tax. Charities, including Help the Aged, have expressed ...

Japan to include Bangladesh’s proposed Padma Bridge in its 2009 rolling plan

Monday, March 3rd, 2008

Bangladesh's Foreign Affairs Advisor Dr Iftekhar Ahmed Chowdhury Sunday said Japan would include 1.2 billion U.S. dollars Padma Bridge project in its rolling plan next year. Talking to reporters here on his return from a 3-day offic ...

Philippine gov’t optimistic about mining sector growth

Monday, March 3rd, 2008

A Philippine government spokesman Sunday expressed optimism that high prices of mining commodities could continue beyond 2010, which would stimulate the country's mining sector and whole economy. Presidential spokesman and Press Sec ...

Outgoing Russian President Putin makes impressive achievements

Monday, March 3rd, 2008

Incumbent Russian President Vladimir Putin has made numerous impressive achievements during his two terms including the consolidation of the Kremlin's power and the marked improvement of economy, analysts say. Dmitry Medvedev, first ...

Big challenges lie ahead for Medvedev

Monday, March 3rd, 2008

Dmitry Medvedev, who was elected as Russia's new president, will face many tough challenges during his term, analysts say. Medvedev, first deputy prime minister of outgoing Russian President Vladimir Putin's cabinet, has won the cou ...