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New Briefs: Frozen Assets

New Briefs: Frozen Assets

WASHINGTON (AP) - Battered by the blizzard of 1993, U.S. retail sales plunged 1 percent

in March, the second consecutive decline and the worst in more than two years, the

government said Tuesday.

All but one category of retailingdrug stores-reported a drop, bringing the seasonally

adjusted level of sales to U.S. $166.9 billion, the commerce department said.

Retailers haven't reported such a sharp decline since Jan. 1991, in the midst of

the recession. It brought the level of sales to the lowest in six months. In advance,

analysts were expecting March sales to remain unchanged from February.


  • Negotiations on EBA being held

    In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5

  • Ministers to tackle sea pollutants

    Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s

  • Chinese police escort deported scam suspects

    Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters

  • Sam Rainsy, government group set to clash at IPU Geneva meet?

    Opposition figure Sam Rainsy has been invited to speak at the General Assembly of the Inter-Parliamentary Union (IPU) in Geneva, according to a former Cambodia National Rescue Party (CNRP) lawmaker. A government delegation is also set to attend the meeting, a National Assembly press release