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CompareCC News Archive Listing for International during 2009-01-12.
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Germany working to finish new stimulus plan
 
AP - Senior members of Chancellor Angela Merkel's coalition are coming together Monday to hammer out the final details of a broad new multibillion-euro economic stimulus package.
French-Romanian carmaker resumes production
 
AP - French-Romanian carmaker Dacia resumed production Monday after a month-long halt due to tumbling sales blamed on the global economic crisis.
Latvia's consumer prices fall as deflation looms
 
AP - Consumer prices in Latvia dropped for a second consecutive month in December, official figures showed Monday, sparking concerns about deflation, which experts warn would exacerbate the ailing economy's woes.
Dollar mostly up, gold up in morning trading
 
AP - The U.S. dollar was mostly up against other major currencies in European trading Monday. Gold rose.
Euro-zone chief warns banks need to resume lending
 
AP - European states may need to force banks to start lending again, as credit markets — paralyzed for months amid the financial crisis — remain too tight despite governments stimulus efforts, a senior European official said in an interview published Monday.
Sweden's Alfa Laval to cut 1,000 jobs
 
AP - Swedish engineering company Alfa Laval AB said Monday it will cut 1,000 jobs because of declining demand amid the global economic downturn.
French-Romanian carmaker to stop production
 
AP - Carmaker Dacia announced the temporary closure of a Romanian plant Monday just hours after it reopened following a monthlong production halt blamed on the global economic crisis.
Land of Leather latest UK retail collapse
 
AP - Sofa retailer Land of Leather filed for bankruptcy protection on Monday, becoming the latest British retailer to succumb to a downturn in consumer spending amid the global economic slowdown.
Swiss court OKs return of Marcos' final $8M
 
AP - The Swiss supreme court has cleared the way for the last of hundreds of millions of dollars linked to the late dictator Ferdinand Marcos and his entourage to be returned to the Philippines.
UK's Brown promises more banking reforms soon
 
AP - British Prime Minister Gordon Brown said Monday he will unveil this week more plans to unfreeze lending among banks to restore the flow of credit to struggling businesses and help the ailing economy.

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