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Koehler
optimistic of global recovery
New York: IMF managing director Horst Koehler said
that an apparently speedy end to the war in Iraq and the
spirit of co-operation that is seen has boosted his hopes
for world economic recovery.
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G7
finance chiefs mull over Iraq future
Washington: With political nerves on edge about
Iraq's future, global finance chiefs gathered in Washington
at the weekend to consider how to help rebuild the war-ravaged
country and to pump up their own economies.
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American
Airlines, 2 unions seal wage deal
Chicago: The American Airlines said that it has
reached deals with two of its unions to increase pay if
the carrier returned to vigorous profitability. The airline
tried to seal concession agreements aiming at staving
off an imminent bankruptcy.
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