Archive for April 30th, 2008

U.S. releases more emergency aid to help ease global food crisis

Wednesday, April 30th, 2008

The U.S. government has released an additional 40 million U.S. dollars in emergency food aid to help ease the global food crisis, the State Department said Tuesday. The fund from the U.S. Agency for International Development (USAID) ...

Central America has food funds ready to tackle price hikes

Wednesday, April 30th, 2008

Each Latin American country has funds for an emergency regional food plan that begins in May, Panama's Agriculture and Livestock Development Minister Guillermo Salazar said Tuesday. "The states already have the funds. Panama, for ex ...

Power restored to Caracas after much of Venezuela hit by power outage

Wednesday, April 30th, 2008

Power has been basically restored to the capital city Caracas, after a major power outage hit central and western Venezuela Tuesday, leaving almost half of the country with electricity, authorities said. The power failure started at ...

Japan’s central bank decides to retain key interest rate at 0.5%

Wednesday, April 30th, 2008

The Bank of Japan (BOJ) on Wednesday decided as widely expected to keep its key short-term interest rate at 0.5 percent. The BOJ Policy Board voted unanimously to maintain the overnight call rates unchanged for the sixth straight me ...

Japan’s industrial output down 3.1% in March

Wednesday, April 30th, 2008

Japan's industrial production went down by 3.1 percent month-on-month in the seasonally adjusted terms in March, the government said Wednesday. The index of industrial shipments lost 3.9 percent to 107.0 while that of industrial inv ...

Japan’s household spending down 1.6% in March

Wednesday, April 30th, 2008

Japan's monthly average household spending went down to 312,565 yen in March, a 1.6 percent year-on-year decrease in real terms, said a government report Wednesday. The average monthly household income, however, rose by 0.6 percent ...

Dollar trades at upper 103 yen level in Tokyo

Wednesday, April 30th, 2008

The U.S. dollar traded at the upper103 yen level early Wednesday in Tokyo. At 9 a.m., the dollar changed hands at 103.90-95 yen, compared with 103.97-104.07 yen in New York at 5 p.m. Tuesday and 104.56-58 yen in Tokyo at 5 p.m. Mond ...

Japan’s lower house approves higher gas tax bill

Wednesday, April 30th, 2008

Japan's ruling-led lower house on Wednesday approved the higher gas tax bill to reinstate the surcharge of 25 yen per liter that expired on March 31. With the surcharge in place on Thursday, the average retail price of regular gasol ...