Greece formally asks for EU-IMF loans

Friday, April 23, 2010 Greece has formally asked for rescue loans by the European Union and International Monetary Fund (IMF) to be activated, aimed at helping the country recover from an economic crisis. Under the plan, countries in the Eurozone will provide up to 30 billion euros in loans in …

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China overtakes Germany as world’s biggest exporter

Sunday, January 10, 2010 Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter. The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. …

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