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FT.com - World
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FT.com - World
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Fed vows to avert deflation
The US Federal Reserve will take every step required to ensure the country does not fall into deflation, its vice-chairman said as data showed consumer prices fell a record amount last month
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Iran increases stockpile of uranium
Country is forging ahead with its nuclear programme, the United Nations' nuclear watchdog reported
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Iceland secures $5.1bn bail-out
Iceland has finally secured a $5.1bn bail out comprising a $2.1bn loan from the International Monetary Fund and additional loans of up to a total of $3bn from Denmark, Finland, Norway, Sweden, Russia and Poland and the Faroe Islands
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Daewoo to cultivate Madagascar land for free
The South Korean company said it expected to pay nothing to farm maize and palm oil in an area of Madagascar half the size of Belgium, increasing concerns about the largest farmland investment of this kind
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Indian warship sinks Somali pirate vessel
An Indian warship deployed in the Gulf of Aden fought Somali pirates and destroyed their vessel after a brief battle, the navy said
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UK auction of carbon permits brings in £54m
Almost 4m emissions permits were sold in a public sale that was four times over-subscribed. The government has pledged to open 80m more permits for bidding in the next four years
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Obama gives Daschle healthcare role
Barack Obama has chosen Tom Daschle, one of his most high-profile allies, to be secretary for health and human services, according to Democratic officials close the US president-elect
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Berlin rejects spending way out of recession
Politicians and civil servants around Angela Merkel, chancellor, have no shortage of arguments why going down the Keynesian route would be wrong
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ANC takes bitter rival to court over name
A legal clash will complicate already fractious relations between the two groups and could even affect the outcome of elections due in the first half of next year
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Get women on board, bailed-out banks urged
Females should be appointed to the boards of banks bailed out by the government, according to a bellwether report on women in the boardroom that shows the rise of female executives is continuing at a glacial pace
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