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  • US Commerce Secretary Expresses Optimism to 1)World Economic

    Broadcast: Jan 25 2003 At a session reviewing prospects for the U.S. economy, Secretary Evans sounded a note of optimism. "Inflation being low really does give you a lot of room to continue to pursue...

  • No World Oil Shortage, Says Saudi Minister

    Broadcast: Jan 25 2003 Saudi Arabia's oil minister says his country and the oil cartel, OPEC, could make up for any interruption in oil supplies caused by a possible war in Iraq. He told business and...

  • US Expects Saddam Hussein to Order Destruction of Oil Fields

    Broadcast: Jan 24, 2003 If there is a new war with Iraq, the Bush administration expects Saddam Hussein to order the destruction of his country's oil fields, creating an economic and environmental d...

  • Japanese Banking Giant Signals Looming Crisis

    Jan 24, 2003 Mizuho, the world's largest bank in terms of assets, expects to post a net loss of $16 billion, the largest ever 1) incurred by a Japanese company. The loss would be more than double last...

  • Italian Car 1)Patriarch Dies

    Broadcast: Jan 24 2003 The patriarch of the Italian car company Fiat, Giovanni Agnelli, died Friday after months of illness. His death is likely to bring more restructuring of the company. Fiat is Ita...

  • Australian Airline Signs Multi-Billion Dollar Contract With

    Broadcast: Jan 20 2003 Australia's budget airline Virgin Blue has placed orders for up to 50 Boeing 737 jets - in a deal worth about $3 billion. Australia's second largest air carrier says it plans to...

  • US Concerned Over Firing of Gazprom Executive

    Broadcast: Jan 17 2003 The United States expressed deep concern Friday about the firing of U.S. businessman Boris Jordan as head of the media wing of the state-dominated Russian energy corporation, Ga...

  • IMF Expects to Resume Funding for Kenya

    Jan 17, 2003 The head of 1) the International Monetary Fund in Africa says he expects to resume funding for Kenya by mid-year. The new Kenyan government is set to push through crucial 2) anti-corrupti...

  • 1)OPEC Consents to Oil Production Increase

    Broadcast: Jan 12, 2003 The Organization of Petroleum Exporting Countries has agreed to increase production to 24.5 million barrels per day to cover a shortfall of oil from Venezuela, where a six week...

  • Bush Presses Congress on Tax Cuts

    Broadcast: Jan 11 2003 President Bush used his weekly radio address to press for Congressional action on $670 billion worth of proposed tax cuts. Democrats have a rival plan they say gives more help t...

  • US States Consider Raising Taxes While Bush Pushes for Feder

    Broadcast: Jan 10, 2003 While President Bush is promoting tax cuts to stimulate the economy, some state officials are considering tax hikes to fix their budget problems. California's governor, faced w...

  • Bank Workers Join Venezuela Strike

    Broadcast: Jan 10,2003 Bank workers joined the 39 day old strike against Venezuelan President Hugo Chavez Thursday, 1) tightening the stranglehold which has already come close to shutting down the cou...

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