Thursday, May 26, 2005
BBC NEWS | Business | Giant Caspian oil pipeline opens
BBC NEWS | "Oil is set to flow from the Caspian Sea direct to the Mediterranean for the first time after a $3.6bn (�2bn) pipeline opened on Wednesday."
Thursday, May 19, 2005
US industrial product falls 0.2 percent
"US industrial production fell 0.2 percent in April, according to
Federal Reserve figures that surprised analysts who had been expecting an increase.
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Private economists had been expecting a rise of 0.2 percent in the report, which measures the output of US factories, mines and utilities."
Greenspan could stay at Fed a bit longer
"The Bush administration is considering whether to ask
Federal Reserve Chairman
Alan Greenspan to stay in office a few months past the end of his Fed board term, which expires on Jan. 31, The Washington Post reported on Wednesday.
The newspaper said the delay would give the White House more time to conduct the search for a successor, which could include corporate leaders.
However, a close associate of Greenspan's said the Fed chairman intends to step down when his term expires.
Asked about the Washington Post account, White House spokesman Scott McClellan said: 'We don't speculate on any personnel matters.'"
