| European Business & Economy Headlines |
| Economy - Tuesday
(Investor's Business Daily)
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| Investor's Business Daily - The Organization for Economic Cooperation and Development raised its forecast for U.S. GDP growth to 1.8% from 1.2% in June, citing tax cuts and strong exports. The Paris-based rich-nation group cut growth views for Japan, the euro zone and Britain. Japan should grow 1.2% and the euro zone 1.3%, both down from prior targets of 1.7%. The U.K. should expand just 1.2% and may be headed for a recession. The OECD said the world's major central banks should keep rates steady, balancing inflation risks with sluggish growth. -- read full article |
| Tue, 02 Sep 2008 22:37:12 GMT - Yahoo! News: Business - European Economy |
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| Euro strikes six-month dollar low
(AFP)
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| AFP - The euro on Monday fell below 1.45 dollars for the first time since February as the market anticipated lower interest rates in the eurozone, with inflation concerns easing amid tumbling oil prices.
-- read full article |
| Tue, 02 Sep 2008 09:21:47 GMT - Yahoo! News: Business - European Economy |
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| Putin vows 'an answer' to NATO ships near Georgia
(AP)
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| AP - Prime Minister Vladimir Putin said Tuesday that Russia will respond calmly to an increase in NATO ships in the Black Sea in the aftermath of the short war with Georgia, but promised that "there will be an answer."
-- read full article |
| Tue, 02 Sep 2008 14:25:55 GMT - Yahoo! News: Business - European Economy |
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| EU leaders warn Russia over partnership talks
(AP)
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| AP - European Union leaders warned Russia on Monday that talks on a wide-ranging political and economic agreement would be postponed unless Russian troops pull back from positions in Georgia.
-- read full article |
| Mon, 01 Sep 2008 22:36:51 GMT - Yahoo! News: Business - European Economy |
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| FTSE closes lower
(AFP)
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| AFP - London shares closed lower on Monday, weighed down by weakening commodity prices.
-- read full article |
| Mon, 01 Sep 2008 16:15:20 GMT - Yahoo! News: Business - European Economy |
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| EU leaders warn Russia over partnership talks
(AP)
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| AP - European Union leaders warned Russia on Monday that talks with on a wide-ranging political and economic agreement would be postponed unless Russian troops pull back from positions in Georgia.
-- read full article |
| Mon, 01 Sep 2008 18:48:43 GMT - Yahoo! News: Business - European Economy |
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| Euro area inflation falls
(AP)
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| AP - Euro area inflation fell in August from a record high, offering some relief as economic confidence plunged to the lowest level in five years, the European Commission said Friday. -- read full article |
| Fri, 29 Aug 2008 11:07:15 GMT - Yahoo! News: Business - European Economy |
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