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Breaking News Tue, 9 Mar 2010
An Emirati man takes snap of a model of the Burj Khalifa , the world's tallest building in Dubai, United Arab Emirates, Thursday, Jan. 7, 2010.
(photo: AP / Kamran Jebreili)
UAE economy expected to expand 3.2 percent in 2010
Daily Star Lebanon
| Wednesday, March 10, 2010 | - Powered by | DUBAI: The UAE economy is expected to expand by 3.2 percent in 2010, in sharp contrast to an International Monetary Fund forecast of 0.6-percent growth, a minister said Tuesday. | “The coming period will witness gradual growth, initially, picking up...
Barack Obama shoots on the White House basketball court .jpg
(photo: Public Domain / TCY)
Greek PM not looking for aid in meeting with Obama
The Times Of India
WASHINGTON: Ahead of a meeting with President Barack Obama on Tuesday, Greek Prime Minister George Papandreou is stressing that his country's financial woes are a problem the United States cannot afford to ignore. | Papandreou also says he is not looking for a handout from Washington. Instead, Greek...
President Barack Obama speaks about financial reform, Thursday, Jan. 21, 2010, at the White House in Washington.
(photo: AP / Charles Dharapak)
Economic insecurity is troubling Obama
Deccan Chronicle
Economic insecurity is troubling Obama | The Obama administration and Democrats in general are in trouble because they are not urgently and effectively addressing the issue that most Americans want them to: the frightening economic insecurity that has put a chokehold on millions of American families...
Budget in a fortnight as Britain heads for May 6 election
The Times
| Gordon Brown will settle today on March 24 as the day for the pre-election Budget as the campaign accelerates towards a May 6 showdown. | The Prime Minister will also place his stewardship of the economy at the heart of his election drive. Despite ...
Plenty of suitors but few proposals: Resolution falls out of FTSE 100
The Times
| Clive Cowdery's Resolution, which promised to deliver private equity-like returns for investors by buying and merging inefficient insurers, was relegated from the FTSE 100 index of leading shares last night. | Mr Cowdery, who made a £145 million pe...
UAE economy expected to expand 3.2 percent in 2010
Daily Star Lebanon
| Wednesday, March 10, 2010 | - Powered by | DUBAI: The UAE economy is expected to expand by 3.2 percent in 2010, in sharp contrast to an International Monetary Fund forecast of 0.6-percent growth, a minister said Tuesday. | “The coming period ...
Hassan: Lebanon closes 10-year $1.2 billion Eurobond
Daily Star Lebanon
| Finance Ministry undecided on proposing higher taxes | By The Daily Star | Wednesday, March 10, 2010 | - Powered by | BEIRUT: Lebanon successfully closed a $1.2 billion Eurobond issue with a 10-year maturity and a yield of 6.375 percent, Finance Mi...
Lebanon has 11th widest spread in emerging markets on Credit Default Swaps
Daily Star Lebanon
| By The Daily Star | Wednesday, March 10, 2010 | - Powered by | BEIRUT: The spread on five-year Credit Default Swaps (CDS) for Lebanon reached 257 basis points at the end of February, compared to spreads of 270 bps for emerging markets and to 234 bp...
Airport Built, It's Time to See if the Traffic Comes
The New York Times
| The first new international airport in the United States in more than decade is set to open in May near Panama City, Fla., a community of 37,000 people on the state’s panhandle. That is no small feat given the environmental, regulatory and fi...
Rob rich bankers and give money to the poor
The Times
| Banking occupies a unique niche in the economy. Both vital and prone to crisis, Wall Street and the City of London are the beating hearts of the economy, pumping liquidity through the arteries of industry nationally and globally. When they suffer a...
Emerging Economies
Shanghai has been a political hub of China since the 20th century. The 1st National Congress of the Communist Party of China was held in Shanghai. In addition, many of China's top government officials in Beijing are known to have risen in Shanghai in the 1980s on a platform that was critical of the extreme leftism of the Cultural Revolution, giving them the tag "Shanghai Clique" during the 1990s.
(photo: Creative Commons / Naus)
US ponders China's Southeast Asian rise
Asia Times
| By Peter J Brown | The United States-China Economic and Security Review Commission (USCC) last month held a lengthy hearing on China's activities in Southeast Asia and the implications for US interests in the strategic region. The USCC was addressed by five members of the US Congress, a pair of senior US government officials and 10 experts and ca...
World Business
A cane cutter works in Batatais, Brazil, in this Aug. 28, 2007 file photo. Booming Brazil is in overdrive with test drilling at a potentially mammoth offshore oil field, trucks jamming ports to offload soy shipments for China, biofuel production galore and plenty of cash for mega-infrastructure projects ranging from bridges to dams
(photo: AP / Andre Penner)
EU faces court challenge over biofuels reports
Daily Star Lebanon
| Wednesday, March 10, 2010 | - Powered by | Pete Harrison | Reuters | BRUSSELS: Four environmental groups have sued the EU’s executive for withholding documents they say will add to a growing dossier of evidence that biofuels harm the environment and push up food prices. | The lawsuit, lodged with the European Union’s General Court, th...
World Politics
Israel's Labor Party leader Ehud Barak gestures, during a meeting of the party's central committee in Tel Aviv, Tuesday, March 24, 2009. Prime Minister designate Benjamin Netanyahu reached a preliminary agreement Tuesday that would bring the centrist Labor Party into his coalition, an important step toward moderating the emerging government. Labor Party activists gathered Tuesday afternoon to vote on the deal, which calls on the government to pursue peace negotiations with the Palestinian
(photo: AP / Dan Balilty)
Barak: Israel will hold all of Lebanon responsible for any Hizbullah attack
Daily Star Lebanon
| By Patrick Galey | Daily Star staff | Wednesday, March 10, 2010 | - Powered by | BEIRUT: Israel will not launch an assault on southern Lebanon but will retaliate indiscriminately should it be provoked, Israeli Defense Minister Ehud Barak said on Tuesday. | Addressing high school students in northern Israel, Barak dampened previous bellicose rheto...



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