High subsidies and wages are paralyzing to the state run companies day by day. The ever increasing international prices of crude oil have worsened the scenario.
Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose above the 130 dollar mark again on Thursday, an OPEC statement said Friday.
Sydney - Australian Prime Minister Kevin Rudd has reiterated his opposition to nuclear power after luminaries from within his own Labor Party described it as an essential bridge to a non-carbon fu
Wellington - New Zealand's economy shrank by 0.3 per cent in the first quarter, according to official figures released Friday, confirming analysts' fears that the country is heading into recession
Thailand's Saha Group - the coun
