Washington, Nov. 8 : The International Monetary Fund (IMF) has cut its forecast for China''s economic growth in 2009 to 8.5 percent from 9.3 percent.
According to the China Daily, it also changed its estimate of developed countries'' growth next year to a decline of 0.3 percent, from 0.5 percent growth.
The IMF now expects the global economy will grow 2.2 percent in 2009, 0.8 percentage point less than last month''s estimate.
New York, November 7 : American rapper Diddy evinced his excitement about Barack Obama’s historic White House victory by enforcing a "presidential attire" dress code for guests at his 39th birthday’s party.
The rapper celebrated his birthday at NYC hot spot Mansion on Wednesday, along with celeb pals including Mary J. Blige and Ben Stiller, Jay-Z, Ne-Yo, Common and Keyshia Cole.
Over 60 guests were turned away for not complying with the dress code.
The birthday boy wore black tie, and a diamond pinky ring the size of a Ping-Pong ball.
Washington, Nov 8: US President-elect Barack Obama today said that his administration would extend full support to Pakistan to overcome the prevailing financial crisis as well as war on terrorism.
Obama said in a telephonic conversation with Pakistan President Asif Ali Zardai, from Washington.
Both Pakistan and the US share long lasting friendship and hoped to eradicate terrorism from the region with Pakistan support, The News quoted Obama as saying on phone.
Nairobi - US president-elect Barack Obama's grandmother, Sarah Obama, 86, is to become an ambassador in the fight against malnutrition in her native Kenya, The Standard newspaper reported Saturday.
Sarah Obama would work on an anti-malnutrition campaign by the Kisumu Kids' Empowerment Organization, the report said.
Kisumu, which is located on the shores of Lake Victoria, is Kenya's third largest city and some 70 kilometres from Sarah Obama's native village of Kogelo in the west of the country.
Washington, Nov. 8: Confronted with the United States’ worst financial crisis since the 1929-30 Depression, President-elect Barack Obama is expected to assemble a broad based team of economic advisers, with an emphasis on Clinton-era veterans.
Rome - US president-elect Barack Obama has telephoned Italian Prime Minister Silvio Berlusconi, but the two did not discuss Berlusconi's apparent racial insult earlier in the week, the premier's staff said Saturday.
Obama has been calling world leaders since his victory Tuesday in the US presidential election. He called the Italian premier Friday evening and had a "very cordial conversation," the staff said.
Washington, Nov. 8 : The International Monetary Fund (IMF) has cut its forecast for China''s economic growth in 2009 to 8.5 percent from 9.3 percent.
New York, November 7 : American rapper Diddy evinced his excitement about Barack Obama’s historic White House victory by enforcing a "presidential attire" dress code for guests at his 39th birthday’s party.
Washington, Nov 8: US President-elect Barack Obama today said that his administration would extend full support to Pakistan to overcome the prevailing financial crisis as well as war on terrorism.
Nairobi - US president-elect Barack Obama's grandmother, Sarah Obama, 86, is to become an ambassador in the fight against malnutrition in her native Kenya, The Standard newspaper reported Saturday.
Washington, Nov. 8: Confronted with the United States’ worst financial crisis since the 1929-30 Depression, President-elect Barack Obama is expected to assemble a broad based team of economic advisers, with an emphasis on Clinton-era veterans.
Rome - US president-elect Barack Obama has telephoned Italian Prime Minister Silvio Berlusconi, but the two did not discuss Berlusconi's apparent racial insult earlier in the week, the premier's staff said Saturday.
