Bangkok - Thailand will propose at an upcoming South-East Asian summit to set up a regional rice reserve in the kingdom to ensure food security, media reports aid Thursday.
The draft proposal will be presented at the 14th summit of the Association of South-East Asian Nations (ASEAN) to be held in Hua Hin beach resort, 130 kilometres south-west of the Thai capital, from February 27 to March 1, the Bangkok Post newspaper said.
Washington - The US House of Representatives is expected to vote along party lines later Wednesday on an unprecedented 825- billion-dollar economic stimulus package to help pull the world's largest economy out of its most serious recession in decades.
President Barack Obama, who has made the stimulus a centrepiece of his efforts to revive the struggling economy, made a final effort to convince skeptical legislators to back his plan, which includes a mixture of government spending projects and tax cuts for consumers and businesses.
Davos - Global business confidence is plummeting and hopes for a quick economic recovery are fading according to a survey released at the start of the World Economic Forum Wednesday.
The survey, the 12th performed by PricewaterhouseCoopers in conjunction with the forum's annual meeting, showed confidence among chief executive officers around the world to be at it lowest point since 2003.
Berlin - German consumer confidence continues to hold up in the face of deepening global economic gloom, a survey released Wednesday said, as falling inflation helped to offset worries about the prospects for Europe's biggest economy.
The Nuremberg-based GfK marketing institute said its forward-looking consumer confidence index came in at 2.2 points in February, which was unchanged from the January reading.
Lahore, Jan. 28 : The World Bank (WB) is expected to give Pakistan a `soft loan' of 500 hundred million dollars to tackle the sluggish economic conditions and counter the ever increasing problem of poverty, provided it carries out a slew of political and economic reforms under its loan guidelines.
According to the Daily Times, the loan will be transferred to Pakistan in a single transaction after the approval of the World Bank. The WB officials would meet on 15th February to finalise the terms and conditions of the loan.
Bangkok - Thailand will propose at an upcoming South-East Asian summit to set up a regional rice reserve in the kingdom to ensure food security, media reports aid Thursday.
Washington - The US Federal 
Washington - The US House of Representatives is expected to vote along party lines later Wednesday on an unprecedented 825- billion-dollar economic stimulus package to help pull the world's largest economy out of its most serious recession in decades.
Davos - Global business confidence is plummeting and hopes for a quick economic recovery are fading according to a survey released at the start of the World Economic Forum Wednesday.
Berlin - German consumer confidence continues to hold up in the face of deepening global economic gloom, a survey released Wednesday said, as falling inflation helped to offset worries about the prospects for Europe's biggest economy.
Lahore, Jan. 28 : The World Bank (WB) is expected to give Pakistan a `soft loan' of 500 hundred million dollars to tackle the sluggish economic conditions and counter the ever increasing problem of poverty, provided it carries out a slew of political and economic reforms under its loan guidelines.
