Duckbill dinosaur jaws ground and shredded food, unlike animals todayJune 30th, 2009 Hadrosaur chowdown _ grind, grind, grindWASHINGTON — Think you grind your teeth? Pity the ancient hadrosaur. Their jaws weren't hinged in the same way as modern people and animals, and researchers have long wondered how these ancient animals handled food.
Mexican president sees signs of economic recoveryAugust 4th, 2009 MEXICO - Mexican President Felipe Calderon has said there were signs of recovery of the country's economy, and described the world economic crisis as a perfect storm, Prensa Latina reported Tuesday. Calderon made the comments Sunday and added that despite the fact that the economic crisis has led to a reduction in 10 percent of the gross domestic product, there are already some signs of recovery, such as the creation of 20,000 jobs in June.
World Bank predicts slower growth for India in 2009March 31st, 2009 WASHINGTON - As the global economy deteriorates sharply, the World Bank has projected a slower 4 percent growth for India in 2009, down from 5.5 percent in 2008, before picking up speed to reach 7 percent in 2010. World Bank estimates released Tuesday have reduced its November 2008 projection of 5.8 percent growth for India in 2009 rising to 7.7 percent in 2010.
China and US officials see global economic recovery, seek continued joint effortsJuly 27th, 2009 China, US officials see global economic recoveryWASHINGTON — Top officials of the United States and China said Monday they saw hopeful signs that the global economy was beginning to move into a period of recovery. Treasury Secretary Timothy Geithner said that the joint efforts of the nations to deal with the financial crisis with large stimulus programs marked a turning point in the relationship of the two economic superpowers.
Congress must halt mounting of debt to avoid damage to dollar, Buffett saysAugust 19th, 2009 Buffett urges Congress to halt debt riseWASHINGTON — Now that the worst of the economic crisis is past and recovery is slowly under way, Congress must halt the mounting increase in U.S. debt to avoid damage to long-term growth and destruction of the dollar, Warren Buffett is urging.
Economic rebound to come from US housing market: IMF headApril 6th, 2009 PARIS - The world will begin to emerge from the economic crisis in the first quarter of 2010, and the recovery will start in the US housing market, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, was quoted Monday as saying. 'The crisis began in the United States, in the housing sector.
Obama says policies have created jobs, but hiring will be slow in recoveryJuly 23rd, 2009 Obama: Hiring will be among last things to improveWASHINGTON — President Barack Obama says economic steps by his administration have saved jobs and created new ones. But he says new hiring is among the last things to improve during an economic recovery.
Summary Box: Economic recovery in progress after recession eased in spring; bumpy road aheadSeptember 30th, 2009 Summary Box: Economic recovery looks bumpyTHE WAY WE WERE: The economy contracted at a pace of 0.7 percent in the second quarter, a vast improvement from the first three months of this year, when the economy shrank at a pace of 6.4 percent, the biggest downhill slide in nearly three decades. THE RECOVERY PHASE: Many analysts predict the economy returned to growth in the just-ended third quarter at a pace of at least 3 percent.
Slide in commodity prices accelerates as doubts about economic recovery growJuly 8th, 2009 Commodities slide on doubts about economic reboundNEW YORK — Metals and energy prices are extending their losses amid growing anxiety about the potential for a quick and robust economic recovery. Investors are moving out of risky assets like commodities and stocks and seeking shelter in traditionally safe-haven investments such as the dollar and Treasurys.
US seeks aggressive action to stem economic slide: ObamaMarch 12th, 2009 WASHINGTON - The US will push for aggressive action to halt the global economic slide at an international financial summit next month, President Barack Obama said Wednesday, emphasizing the interconnectedness of the global economy and again warning against protectionist moves. Ahead of April's Group of 20 (G20) gathering of the world's leading economies, Obama acknowledged that developing countries were being 'hard hit' by the fallout from an economic crisis that largely began in the United States.
