Dhaka - Bangladesh Nobel laureate Muhammad Yunus Tuesday called for national unity to fight the global meltdown, which has started affecting the country's impoverished economy.
"It needs great courage and national unity to face the problem nationally," said the micro-credit guru, who won the Nobel peace prize with his Grameen Bank in 2006.
Speaking after a meeting of a national task force, he said food, energy, power, port and agriculture should have priority when it comes to dealing with the crisis.
Washington - US authorities need broad new emergency powers to take over non-financial firms whose collapse could threaten the wider economy, the country's top economic officials warned Tuesday in the wake of the bail-out of insurance giant American International Group Inc.
Washington - US President Barack Obama took his economic prescriptions to a global and domestic audience on Tuesday, calling for a broader and urgent global response to the world's worst economic crisis in a generation.
Hanoi - The Vietnamese government Tuesday reported a record trade surplus, but local economists said they were more worried than pleased.
Beijing - China's central bank on Tuesday said it supports moves towards a global currency reserve to replace the existing reliance on the US dollar to settle international payments.
