Apathy a sign of weak R&D

Apathy a sign of weak R&D

15.09.2008
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09/15/2008 Irish eyes not smiling as Dell plans future
DELL`S plan to sell its assembly plants could pose problems for cities that count the tech giant as a major employer. Nowhere have worries been greater than in Limerick, Ireland, where a Dell facility with about 3000 workers helped revitalise the economy
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`We can handle tough times`Bashed tourist Doujon dies

DOUJON Zammit, the Australian tourist brutally bashed in Greece, has died after his family made the decision to turn off his life support.


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  • We can handle economic challenges - Rudd
  • Slowing economic prompting fears of a recession
  • Budget took into account economic slow-down

The Federal Government is in a strong position to steer Australia through what are difficult economic times, Prime Minister Kevin Rudd says.

Recent economic data has shown the economy is slowing, prompting speculation about the chances of a recession.

Figures released last week showed growth in retail spending in June was at its weakest in six years, hampered by the highest interest rates in 12 years and record petrol prices.

Mr Rudd today said it was clear that growth had slowed, adding that the economic slow-down had been forecast in the Federal Government`s budget papers.

But, he said, the Government was well placed to deal with the challenges confronting the economy.

"We believe that we have a strong economic course of action to take Australia through these difficult global economic times," Mr Rudd told the Nine Network.

Mr Rudd said the Government`s ability to deal with the prospect of a slowing economy was anchored in a $22 billion budget surplus.

"The nation needs a clear direction," he said.

"That clear direction has to be based on responsible economic management and responsible economic management remains anchored in a $22 billion budget surplus - a buffer for the future."

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Today`s Top Picks

Bashed tourist Doujon dies

DOUJON Zammit, the Australian tourist brutally bashed in Greece, has died after his family made the decision to turn off his life support.


Font size: +-

Send this article:PrintEmail

Video

Week in reviewWatch this Video NOW!
Week in review

NEWS.com.au takes a look back at the stories that made the headlines this week.

Latest videos

More Video

Advertisement

The Australian News Bites Bite sized news all in one place brought to you by the new Holden Caprice
 
Planning a Holiday? - Visit our Europe section for the latest destination offers!
 
Panadol It`s My Choice. Fights cold & flu symptoms fast
 
Meet Single WomenView photos of single women near you at match.com. Start flirting now!
 
Before you go. WegoSearch for travel deals from 100+ travel sites in just seconds on Wego
 
Planning a trip OS? - Click for fantastic fares to over 70 THAI destinations worldwide
 
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