MEXICO CITY: Economic recovery in the Organization of Economic
Cooperation and Development (OECD) group of rich countries will
begin at around the end of the year, the organization’s head said
Tuesday, adding that the worst of Mexico’s recession was over.
“There will be recuperation at the end of 2009
or the start of 2010,” OECD Secretary-General Angel Gurria said to
reporters here. “We’re going to change color from red to
black.”
WASHINGTON, D.C: US President Barack Obama has warned that nuclear
North Korea is a “grave threat” and said he would not tolerate
the Stalinist state’s provocative strategy of extracting rewards
with belligerent behavior.
YEKATERINBURG, Russia: Leaders from the world’s top emerging
economic powers deliver a warning-shot to the domination of the US
dollar as their new forum flexed its muscle at a first summit. -- AFP
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