President Hu Jintao warned that China could lose its competitive edge as trade growth slows amid the global financial crisis.

Faced with plunging oil prices and shrinking revenues, OPEC suggested it might lower production for the third time this year.

The terrorist siege is likely to threaten India’s already murky economic future and thwart plans to transform the city into a regional financial center, economists said.

The loan was initially resisted by the Pakistani government, which sought funds on more generous terms from bilateral donors.

The loan was initially resisted by the Pakistani government, which sought funds on more generous terms from bilateral donors.

Traditional cafes and bars all over France are suffering and in some cases even closing, hit by changing attitudes, habits and now a poor economic climate.

Traditional cafes and bars all over France are suffering and in some cases even closing, hit by changing attitudes, habits and now a poor economic climate.

Russia’s flagging economy has forced a halt to construction on the Russia Tower in Moscow, designed to be Europe’s tallest building, its developer said.

President Bush, confessing he already “felt a little nostalgic,” began what could be his last official overseas trip on Friday, arriving in Peru for a financial meeting.

In a keynote speech to the ruling party congress, Prime Minister Vladimir V. Putin announced tax cuts to spur the economy and increased spending on social programs.