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Roundup November 16

  • Source: Global Times
  • [02:26 November 16 2009]
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Swiss banks in tax move

Switzerland's secretive banks are considering landmark plans to require that their foreign clients conform to personal taxation requirements abroad, a leading banker said in an interview Sunday.

Serious bid to cut deficit

US President Barack Obama Sunday vowed in Singapore to take "serious steps" to cut the huge US budget deficit, which is complicating the economic recovery hopes of his country and threatening his own political prospects.

A350 sales to Ethiopia

Ethiopian Airlines and Airbus signed Sunday an agreement firming up an order for 12 long-range A350 aircraft, valued at around $3 billion according to the list price.

Nigeria in fruitful talks

Nigeria's president held "frank and fruitful" talks with former rebel leaders on Saturday, in an effort to end the conflict in the Niger Delta region, his spokesman said Sunday.

Agencies