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Britain, India agree civil nuclear deal: ministersLondon (AFP) Feb 4, 2010 Britain and India have agreed the text of a deal on civil nuclear cooperation, ministers from both countries announced after talks in London on Thursday. "The two sides have discussed and negotiated a civil nuclear energy cooperation agreement and we hope that will be signed soon," Indian Commerce Minister Anand Sharma said during a visit for trade talks. His British counterpart, Business Secretary Peter Mandelson, added: "This is a very, very significant advance, and I look forward to that text ... read more |
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China's current account surplus posts first fall since 2001
Beijing (AFP) Feb 5, 2010China's current account surplus, a key gauge of a nation's foreign trade, fell in 2009 for the first time in eight years, official data showed Friday, as the global crisis hit exporters last year. China booked a current account surplus of 284.1 billion dollars last year, down 35 percent from 2008, the State Administration of Foreign Exchange said in a statement on its website. The figure ... more Iqaluit eager to showcase Canada's far north for G7
Iqaluit, Canada (AFP) Feb 5, 2010Iqaluit residents beamed with pride Friday, eager to showcase Canada's far north to the world when G7 finance minister's meet here this weekend. The meeting of the Group of Seven industrialized nations is the biggest event ever to hit this town of 6,000 on the southern tip of Baffin Island. "I've been looking forward to it for a long time," said Ooloosie Tawkie, an Inuit from a tiny Arct ... more Indonesia considers coal export slowdown
Jakarta (UPI) Feb 4, 2009 Indonesia, the world's third-largest coal exporter, plans to gradually cease its coal exports to save for its future needs, says a government official. The National Energy Board, or DEN, is now putting together such a recommendation to be submitted to the government this month, state-owned news agency ANTARA reports. "Up till now, DEN members are still discussing a strategy to ke ... more |
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Taiwan's Formosa to invest 20 billion dolllars in 2010Taipei (AFP) Feb 5, 2010 Formosa Plastics Group, one of Taiwan's largest industrial conglomerates, said Friday it planned to invest 650 billion Taiwan dollars (20 billion US dollars) at home and abroad in 2010. "We will focus on petrochemical and steel manufacturing this year," an official close to Formosa Plastics Corp chairman C.T. Lee told AFP. Formosa Plastics Corp is the flagship company of the group. The official said on condition of anonymity that the group planned to invest 280 billion Taiwan dollars to exp ... read more |
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