|
Bill Gates is negotiating with Chinese officials to test a new type of nuclear reactor
One of the world's richest men, Bill Gates is negotiating with Chinese officials to test a new type of nuclear reactor that can operate for decades with depleted uranium. It would be used in China because of U.S. laws do not permit experiments with the new reactor.
...
Read More
|
|
|
Analysis: EU prepares for yet another historic moment
At six weeks after any crisis emergency summits convened in late October, qualified political leaders, analysts, investors and the media as historical, critical or decisive for the future euro area, the EU is preparing for another meeting with the same attributes.
...
Read More
|
|
|
Mega-fines for detergent giants. How much and why
Competition Authority in France fined 361.3 million euros all major global detergent because they understood each other in fixing prices of detergents on the French market. The cartel operated between 1997-2004. Companies that have made agreements were Procter & Gamble, Colgate Palmolive,...
Read More
|
|
|
Lavrov: U.S. radar that wants to install in Turkey will cover part of Russia
Radar on the U.S. intends to deploy in Turkey, the missile shield will control an important part of Russian territory, Russian foreign minister said Thursday, Sergei Lavrov, after a NATO-Russia Council meeting, held in Brussels.
...
Read More
|
|
|
ECB revised down strong advance estimates of euro area economy in 2012
European Central Bank has revised down estimates significant growth that would be registered next year the euro area to 0.3% from 1.3% as previously estimated, mainly due to 'strong uncertainty about the debt crisis ', announced on Thursday the ECB President, Mario Draghi, according to AFP.
...
Read More
|
|
|
CRUCIAL SUMMIT on the crisis in the euro area began in Brussels
Heads of State and Government of Uniunmii (EU) in Brussels on Thursday evening opened a crucial summit in which tackles both short and long term, the debt crisis that threatens the euro area.
...
Read More
|
|
|
Berlusconi EPP Summit: "Italy embarrassed by families who live well '
Former Italian Prime Minister Silvio Berlusconi said on Thursday in Marseille, where he attends the summit European People's Party, that Italy is heavily in debt for families who live well, according to television channel Rai News.
...
Read More
|
|
|
Barroso: EU to revise the treaty but to ensure the irreversibility of euro
He said at a meeting of the European People's Party (EPP) in Marseille, that member countries should be able to ensure that they are able to ratify the Treaty changes, a review is always a complex process, according Mediafax.
"It is essential to guarantee the revised treaty that the European...
Read More
|
|
|
Former head of MF Global on the disappearance of 1.2 billion dollars: just do not know where the money
Former head of Jon S. Corzine to MF Global said Thursday before a U.S. Senate committee, he did not know where the missing $ 1.2 billion of client money, fraud discovered by U.S. brokerage bankruptcy, according to a copy declaration prepared for the hearing.
...
Read More
|
|
|
Poland opposes a Europe with 'multi-speed'
"Any alternative to the European Union 27 member will be fatal to Europe," said Polish Prime Minister in the Congress of the European People's Party (EPP) held in Marseille (France). 'We will always repeated that we need a European community which must remain united. This involves decisions that do...
Read More
|
|
|
ING: The collapse of the euro area should strike strong UK would increase unemployment and banks would collapse
Over 47% of UK exports were directed to the euro area last year and 33% of imports came from countries of the monetary union, which is the most important trading partner country.
Even if ING does not take into account the collapse of the euro zone baseline scenario, the discussions on this t...
Read More
|
|
|
Leaders of the euro area could approve loans of 150 billion to IMF
Leaders of the euro area by the IMF could approve the supply of bilateral loans worth 150 billion euros by central banks to support countries affected by the debt crisis, said an EU diplomat.
...
Read More
|
|
|
Brazil welcomes the European Central Bank's reaction to the crisis
Brazilian Finance Minister Guido Mantega, the reaction Thursday welcomed the European Central Bank (ECB) in the euro area government debt crisis, the historic decision to lower its rate to 1% reference level, but estimated that there are still many things to do, according to AFP.
...
Read More
|
|
|
ECB cut interest rates at historic low of 1%
Last month, the ECB reduced its key interest rate from 1.5% to 1.25% at the first meeting chaired by the new head of Central Bank, Italy's Mario Draghi. In July, the bank increased its key interest rate by 0.25 percentage points.
"I do not take into account a further reduction in key interest. Ha...
Read More
|
|
|
Beginning of the end: Europe prepares its legacy currencies
Some central banks in Europe have started to consider plans for an eventual exit from the monetary union of countries and their currencies even if re-collapse of monetary union, said sources close to the situation for the Wall Street Journal (WSJ).
...
Read More
|
|
|
The country in wich Apple can't use Ipad name
Although it seems incredible, Apple can no longer use the name iPhone in China. Chinese authorities' decision profile is legal as possible, despite the fact that the Apple tablet has been plagiarized by the Chinese many times.
...
Read More
|
|
|
Damages of 610 million dollars for Yahoo.
Yahoo! obtain legal redress for $ 610 million from spammers who organized a fake lottery through which they could find personal banking data but also received money from duped users.
The judge who gave sentence but admitted it was unlikely that the accused can pay.
Yahoo! opened in 2008, th...
Read More
|
|
|
Sarkozy: Europe explosion risk has never been so great
French President Nicolas Sarkozy, said that "the risk of an explosion of Europe was never so great", warning that Europeans have available only a few weeks to take steps out of the crisis.
...
Read More
|
|
|
In which country the rich kepp their money
Great investors have sold most of the bonds owned and have reinvested in shares, gold, and have them added to bank deposits. The largest migrations were those of American and British investors, who sold government securities denominated in euro, says a survey of major investment houses in the world....
Read More
|
|
|
UK and Hungary opposed the EU treaty change
Britain and Hungary, countries which have not adopted the common currency, the two countries were opposed to the EU treaty change, said Friday morning at a press conference, French President Nicolas Sarkozy.
"We do our best to save the euro," assured the French President.
Debt reached some euro ...
Read More
|
|
|
ECB chief: EU summit "led to a very good result"
EU summit in Brussels "has led to a very good result", said Friday morning, after the first day of talks, the European Central Bank President Mario Draghi, reports said.
...
Read More
|
|
|
The EU will postpone until the March 2012 decision to grant candidate status to Serbia
"In order to grant candidate status (EU) Serbia in March 2012, EU leaders ask their ministers to examine and confirm that Serbia continued to show a credible commitment and further progress in implementing arrangements for a normalization its relations with Kosovo, "says the text.
European l...
Read More
|
|
|
ECB will manage to save funds in the euro area
"We have reached another agreement, you may notice it, is the Central Bank that will manage and MES FESF," Sarkozy told the press after the first day of the summit in Brussels, adding that the decision was taken proposal from the ECB President, Mario Draghi.
"It was a proposal recommending t...
Read More
|
|
|
France hit by Moody `s: Three major French banks, downgraded
Long-term rating was downgraded at Credit Agricole with a step at AA3 and A1 for Societe Generale. The degree of financial solidity of Societe Generale was down two steps from C plus to C minus. Demotion was motivated by the agency operating environment in the fragile European banks.
Yesterday, S...
Read More
|
|
|
Sarkozy: France will adopt the "golden rule" after the presidential election
"We would have preferred an agreement of 27 (Member States), but this was not possible, given the position of our British friends," said the French president, stating that the conditions imposed by British Prime Minister David Cameron to join this project were considered "unacceptable".
"To accep...
Read More
|
|
|
Italy tighten the belt.
The government in Rome has adopted draconian austerity measures. Ministers of mercy citizens wept, and gave Prime Minister, in solidarity, to pay.
Pressed its European partners, the government of Rome led by Prime Minister Mario Monti adopted Sunday night - instead of Monday as was planned - by d...
Read More
|
|
|
A left-wing millionaire wins elections in Slovenia
Ljubljana Mayor Zoran Jankovic, surprised Sunday night, winning early elections in Slovenia.
58 years old, Jankovic is a center-left millionaire more experienced in business than in politics. He said several times that he "hearts and wallets left to right" and that is more a businessman than a po...
Read More
|
|
|
Star Tsar Putin began to go down
United Russia party of Vladimir Putin won an absolute majority in the Lower House of Parliament (Duma) with 238 deputies (49.5% of votes) of the total of 450, according to "preliminary distribution of seats" after Sunday's legislative elections , announced yesterday, the Central Election Commission ...
Read More
|
|
|
Two employees of the BlackBerry drink Canadian plane forced to land
A Toronto-Beijing flight route was discontinued because of drunkenness in which there were two officials of the Research in Motion (RIM) BlackBerry Canadian manufacturer, who have lost their jobs after the incident, said months the company, cited by AFP.
George Campbell, 45, and Paul Alexander Wi...
Read More
|
|
|
An explosion resulted in a large number of deaths shook a shrine in Kabul
A strong explosion occurred today in a sanctuary in the Afghan capital Kabul. From the first information provided by an AFP photographer, it is a suicide attack resulted in a large number of dead.
The attack took place in a shrine in Kabul, where Shia Muslims gathered to commemorate the Day of As...
Read More
|
Legal
News 
