Archive for January 2nd, 2010
Chinese banks find their credit in high demand
BEIJING -- China's state-owned banks have become a main engine of the global recovery, financing the construction of copper mines, purchase of airplanes, expansion of retail stores and other projects even as their U.S. and European counterparts scale back lending.
Detroit’s youth look to the open road
The weight of Detroit's economic downturn is particularly heavy on the area's young adults, with those under 30 suffering job losses, cuts in pay or hours and difficulties trying to find new jobs in greater numbers than their elders. More than four in 10 area residents aged 18 to 29 say they plan...
Booming economy, government programs help Brazil expand its middle class
RIO DE JANEIRO -- Teresiña Lopes Vieira da Silva peddles spices and peppers from a street stall, but hers is no fly-by-night business.
