renovate
the dilapidated centre of the city as well - massive, massive projects as well as all the different stadia and the athletes’ village. And frankly, it’s being too much. They haven’t been able to complete things, and the city remains a building site. Many people here in Delhi are just completely
fed up with
the whole thing.
BBC News.
The Mexican government has said there can be no negotiation with drug trafficking gangs after a newspaper appealed to the cartels for guidance on what it should publish to avoid having its journalists killed. El Diario newspaper in Ciudad Juarez,
which has seen 2 reporters murdered on Sunday, asked the cartels for a truce, calling them the city’s “de facto authorities”. But President Felipe Calderon's security spokesman said no sector of society should make agreements with criminals.
The US central bank, the Federal Reserve, has issued a
downbeat
assessment of the American economy. In a statement, it said the interest rate was likely to stay close to zero for a long time. Andrew Walker reports.
The Federal Reserve
set out
a long list of weak spots in the economy - house building is depressed, employers are reluctant to hire new workers, and bank lending is still declining. And there’s a hint in the Fed’s statement that it is worried about the risk of deflation, or falling prices. The Fed's not ready yet to take any further measures to stimulate the recovery, but it's clearly willing to act if there’s no improvement. What action is not