Monthly Archives: April 2009

British Treasury Chief to unveil recession budget

April 22, 2009
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British Treasury chief Alistair Darling presents the government’s budget on Wednesday, with his options constricted after pumping billions into stabilizing a foundering economy. Some tax breaks intended to stimulate spending may be introduced or continued, but the government’s mounting debt has sown caution about any further big gestures — and some sort of tax...

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US Govt, Fiat to Decide Chrysler Future

April 17, 2009
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Chrysler LLC’s future leadership will be determined by the U.S. government and Fiat SpA if Chrysler succeeds at merging with the Italian auto maker. Chrysler Chief Executive Officer Bob Nardelli, in a note to employees obtained by Dow Jones Newswires, said a new board of directors will be appointed by the federal government and...

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Study Finds Pattern of Severe Droughts in Africa

April 17, 2009
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For at least 3,000 years, a drumbeat of potent droughts, far longer and more severe than any experienced recently, have seared a belt of sub-Saharan Africa that is now home to tens of millions of the world’s poorest people, climate researchers report in a new study. The last such drought, persisting more than three...

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