Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Friday, March 27, 2009; Page D03


Executives Give Up Stock Options

The top executives at GdF Suez, a natural gas and electricity company, gave up their stock options after the payouts prompted a strike by port workers that disrupted activity at the company's two liquefied natural gas terminals in France.

In the country's latest sign of public anger with company bosses and how the financial crisis has been managed, terminal workers from the powerful CGT union called the strike to protest the payout of 1.1 million stock options to the company's two top executives.


Joblessness Hits 10-Month High

Unemployment in Brazil rose to 8.5 percent in February, the highest rate in 10 months, the government said. The result marked an increase of 0.3 percentage point over January.


Loans to Cover Deficit Considered

Russia may decide to borrow abroad to cover its $87 billion budget deficit, rather than tapping its rainy-day fund, a senior government official said. Konstantin Vyshkovsky, head of the Finance Ministry's international financial relations department, said Russia may opt for not drawing down the $142 billion Reserve Fund and instead may borrow abroad.

Russia's top officials so far have brushed off suggestions of possible foreign borrowing and have said the country's Reserve Fund would be enough to cover the impending budget deficit.

Compiled from reports by Washington Post staff writers, the Associated Press and Bloomberg News.

More ways to share this Article...
Share this Article:
© 2009 The Washington Post Company
More ways to share this Article: