Latest Headlines:
Anti-austerity strikes sweep southern Europe
MADRID/LISBON - Spanish and Portuguese workers will stage the first coordinated general strike across the Iberian Peninsula on Wednesday, shutting transport, grounding flights and closing schools to protest against spending cuts and tax hikes. Full Article | VideoBoE's King faces grilling on inflation, stimulus and independence
LONDON - Bank of England Governor Mervyn King will face tough questions on surging inflation, the bank's stimulus policy and even its independence when he presents its latest economic forecasts on Wednesday.
Petraeus scandal adds complications for Obama
WASHINGTON - Barack Obama faces a widening scandal within his national security team that could reverberate through decisions on the war in Afghanistan, the fight against al Qaeda and efforts to prevent Iran from getting a nuclear bomb. Full Article
New Syrian opposition seeks recognition, arms
CAIRO - As borderland violence raises tensions with Turkey, Iraq and Israel, the leader of Syria's new opposition coalition calls on European states to recognise it as the legitimate government and provide it with funds to buy weapons. Full Article | Video
 |
Peugeot and Opel halt tie-up talks
LONDON/FRANKFURT/PARIS - General Motors and alliance partner PSA Peugeot Citroen halt talks on a deeper tie-up amid misgivings about the French carmaker's worsening finances and government-backed bailout, people familiar with the matter say. Full Article
France to say "we'll reform at our pace"
PARIS - The French prime minister will tell German Chancellor Angela Merkel this week that France will reform at its own pace, in response to reports that Berlin is worried too little is being done to revive Europe's second-biggest economy. Full Article | Related Story
Japan still wary of restarting huge nuclear plant
KARIWA, Japan - Tokyo Electric Power sees no imminent resumption of operations at the world's biggest nuclear plant, shut down after last year's Fukushima disaster, further raising its costs as it spends more on fossil fuels to generate electricity. Full Article
No comments:
Post a Comment