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European Union News

  • Russia stops all gas supply to Europe via Ukraine Wednesday, January 7, 2009 @ 5:01PM Russia shut off all gas supplies to Europe through Ukraine on Wednesday -- leaving more than a dozen countries scrambling to cope during a winter cold snap. Prime Minister Vladimir Putin publicly endorsed the move and urged that international observers be brought into the energy dispute.
  • AP Financial NewsBrief at 11:56 a.m. EST Wednesday, January 7, 2009 @ 5:00PMNEW YORK (AP) _ Stocks fell sharply Wednesday, as a handful of bleak profit outlooks and more evidence of escalating unemployment served as stark reminders that the economy remains in rough shape. The Dow Jones industrials dropped more than 175 points.
  • EU calls for immediate solution as supplies of Russian gas are cut Wednesday, January 7, 2009 @ 4:59PMAll gas supplies to Europe via Ukraine were shut down Wednesday as the pricing dispute between Russia and Ukraine escalated.
  • Berlusconi Plan Saps Pensions With Private Funds Bush Promoted Monday, January 5, 2009 @ 7:19AMJan. 5 (Bloomberg) -- Italy did for retirement financing what President George W. Bush couldn’t do in the U.S.: It privatized part of its social security system. The timing couldn’t have been worse.
  • RPT-WRAPUP 4-Russia gas disruption spreads to Czechs Monday, January 5, 2009 @ 7:06AM(Repeats story published on Sunday)
  • Polish GDP to Grow About 3% This Year, Rzeczpospolita Reports Monday, January 5, 2009 @ 7:02AMJan. 5 (Bloomberg) -- Poland’s economy may expand about 3 percent this year and average annual inflation may be at 3.5 percent, central banker Halina Wasilewska-Trenkner said in an interview with Rzeczpospolita on Jan. 3.
  • French Warship Foils Attack By Somali Pirates Monday, January 5, 2009 @ 7:00AM(RTTNews) - The French warship "Jean de Vienne," patrolling off the Somali coast, foiled attacks Sunday by Somali pirates to seize two commercial ships in the Gulf of Aden, media reports said.
  • Catastrophe Losses, Credit Crisis Push Reinsurance Pricing Upwards, According to Guy Carpenter Review Monday, January 5, 2009 @ 7:00AM NEW YORK----High catastrophe losses and the continuing international credit crisis pushed property catastrophe rates up by 8 percent at the January 1, 2009, reinsurance renewals period, according to a briefing on global reinsurance market conditions published by Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist.
  • Israel presses on with Gaza attack; France seeks truce Monday, January 5, 2009 @ 6:55AMGAZA (Reuters) - Israeli forces on Monday pressed on with a deadly ground, sea and air assaults against Hamas militants in the Gaza Strip that has cut the territory in two and France spearheaded diplomatic efforts to obtain a truce.
  • EU expects solid response from ASEAN on FTA offers Monday, January 5, 2009 @ 6:40AMKUALA LUMPUR, Jan. 5 (PNA/Bernama) -- The European Union expects solid response from ASEAN countries to offers made for a possible EU-ASEAN Free Trade Agreement (FTA) at a meeting to be hosted by Malaysia in March.
  • Israel presses on with Gaza attack Monday, January 5, 2009 @ 6:34AMIsraeli forces today pressed on with a deadly ground, sea and air assaults against Hamas militants in the Gaza Strip that has cut the territory in two and France spearheaded diplomatic efforts to obtain a truce.
  • EU tells Israel to respect humanitarian law in Gaza, offers more aid Sunday, January 4, 2009 @ 9:54AMBRUSSELS, Jan 04, 2009 (AFP) - The European Commission on Sunday called on Israel to respect international law and allow access to people "suffering and dying" in Israeli attacks in the Gaza Strip.
  • Somali kidnappers release two western journalists Sunday, January 4, 2009 @ 9:53AM Source: Reuters BOSASSO, Somalia, Jan 4 (Reuters) - Somali kidnappers have freed two journalists, Briton Colin Freeman and Spanish photographer Jose Cendon, a government official said on Sunday. "The two ...
  • Russia, Ukraine trade blows over gas crisis Sunday, January 4, 2009 @ 9:50AMRussian energy giant Gazprom on Sunday called on Ukraine to return to negotiations on a gas row that has caused shortfalls in central Europe -- even as Kiev insisted talks were in fact ongoing.
  • Sri Lanka says army moving on rebel HQ Sunday, January 4, 2009 @ 9:46AM The Sri Lankan army said Sunday it was moving in on the jungle stronghold of the Tamil Tiger rebels, in a final assault aimed at ending the longest-running ethnic war in Asia.
  • Russia Boosts Gas Supplies Around Ukraine, Woos Foreign Support Sunday, January 4, 2009 @ 9:40AMJan. 4 (Bloomberg) -- OAO Gazprom increased natural-gas supplies to Europe via three routes as Russia and Ukraine courted international support amid a deepening price dispute.
  • EU pledges humanitarian aid for Gaza Sunday, January 4, 2009 @ 9:32AM The European Union said today that it will provide 3 million euro (£2.9 million) in urgent humanitarian aid for Palestinians in the Gaza area.
  • Russia-Ukraine gas row disrupts supplies to EU Sunday, January 4, 2009 @ 9:31AM Russia and Ukraine looked no closer to compromise today over a gas row that has disrupted supplies to at least four European Union countries as they face freezing winter temperatures.
  • Russia, Ukraine Poised to Resume Talks After Gas Supply Halted Friday, January 2, 2009 @ 2:08AMJan. 2 (Bloomberg) -- Russia prepared to resume talks with Ukraine in their dispute over the price of natural gas after cutting supplies to its western neighbor for the second time in three years, threatening fuel shipments to Europe.
  • Russia cuts off gas to Ukraine Friday, January 2, 2009 @ 2:08AM Russia cut off gas supplies to Ukraine and sharply raised rates after failure to agree on a new contract, heightening concerns over European dependence on Russian-controlled energy supplies.
  • (AFX UK Focus) 2009-01-02 01:30 PRESS DIGEST-Financial Times, Wall St Journal Asia editions Friday, January 2, 2009 @ 2:02AMSINGAPORE, Jan 2 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or website editions on Friday. Reuters has not verified these stories and does not vouch for their accuracy. FINANCIAL TIMES (www.ft.com) -- Russia cut off gas supplies to Ukraine on Thursday after last-minute talks about a deal for this year broke down in Moscow ...
  • JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む Wednesday, December 31, 2008 @ 10:29PMJapan on Wednesday urged Israel to immediately halt airstrikes on the Hamas-ruled Gaza Strip.
  • Israel Rejects Temporary Cease-Fire in Gaza Fighting (Update1) Wednesday, December 31, 2008 @ 10:28PMDec. 31 (Bloomberg) -- The Israeli government rejected a temporary cease-fire with Hamas as its aircraft bombed targets in Gaza for a fifth day and rockets fired from the coastal enclave struck deeper into the country’s south.
  • The market has spoken: long live the euro Wednesday, December 31, 2008 @ 10:26PMDetractors of the new currency have been proved wrong. We would be much better off if we were part of the eurozone
  • (AFX UK Focus) 2008-12-31 21:47 CORRECTED-WRAPUP 9-Russia: gas talks fail, will cut off Ukraine Wednesday, December 31, 2008 @ 10:19PMBy Vladimir Soldatkin and Guy Faulconbridge
  • Slovakia set to start using euros Wednesday, December 31, 2008 @ 5:34PMSlovakia is poised to become the 16th eurozone member - and the second former communist country to do so.
  • Ceasefire? Not yet Wednesday, December 31, 2008 @ 5:33PMIsrael rejected international pressure for a two-day cease-fire with Hamas and sent warplanes Wednesday to demolish smuggling tunnels that are the lifeline of Gaza’s Islamic rulers.
  • JANUARY 1 Wednesday, December 31, 2008 @ 5:32PMRBI allows foreign institutional investors to short-sell equity shares in Indian companies. Short-selling was banned in 2001. State Bank of India raises deposit rates 25-175 basis points.
  • IMF to lend Belarus $2.5 billion Wednesday, December 31, 2008 @ 5:23PMInternational Monetary Fund will lend Belarus $2.5 billion to help it deal with the effects of the global financial crisis, the head of the fund said.
  • Slovakia is 16th nation to join EU’s euro currency Wednesday, December 31, 2008 @ 5:21PMOn New Year’s Day, Slovakia becomes the 16th European Union member state to adopt the euro. Jan. 1, 2009, also marks 10 years since the euro was introduced. A timeline:...
  • U.S. Economic Woes Strengthen the Case for Free Trade With Colombia Sunday, December 28, 2008 @ 6:20PMPresident Bush denies reports that, in conversations with President-elect Barack Obama, he linked his support for a bigger auto industry bailout, or possibly a fiscal stimulus package, to a demand that House Speaker Nancy Pelosi, D-Calif., end her legislative blockade of the Colombia free-trade agreement.
  • WTO to admit failure to secure Doha deal this year Sunday, December 28, 2008 @ 6:13PMGENEVA - The World Trade Organization was set to admit Friday its failure to secure a new global commerce pact before the end of the year because of a row between the United States and emerging economies over agricultural and industrial goods, officials said.
  • Potential collapse of US automakers caps turbulent year Sunday, December 28, 2008 @ 6:10PMCHICAGO (AFP) - The potential collapse of the Detroit Three carmakers capped a turbulent year in the global automotive industry in which worldwide sales crashed and iconic brands swapped hands.
  • EU Requests WTO Consultations Concerning Hormone-Treated Beef Sunday, December 28, 2008 @ 6:10PMWASHINGTON (BUSINESS WIRE) - The European Union has requested consultations with the U.S. and Canada in the World Trade Organization concerning the WTO-compliance of its restrictions on hormone-treated beef.
  • Potential collapse of US automakers caps turbulent year Sunday, December 28, 2008 @ 6:00PMSnow lies on cars at a dealership in Detroit, United States. The potential collapse of the Detroit Three carmakers capped a turbulent year in the global automotive industry in which worldwide sales crashed and iconic brands swapped hands.
  • Turkish Cypriot clubs set to rejoin Cyprus FA: report Sunday, December 28, 2008 @ 5:44PMTurkish Cypriot clubs are set to rejoin the Cyprus Football Association, ending a half-century absence that has seen them excluded from international competition, an official in Europe´s governing body UEFA was quoted as saying on Saturday.
  • Turkish jets hit suspected PKK positions in northern Iraq Sunday, December 28, 2008 @ 5:29PMTurkish warplanes have bombed suspected Kurdish separatist positions in northern Iraq over the weekend. According to the Iraqi Patriotic Union of Kurdistan (PUK) Turkish jets conducted bombing runs on Saturday and Sunday on villages in Erbil province. No casualties were reported.
  • Chief Judge Is Retiring, Leaving Trail of Successes for Women on the Bench Sunday, December 28, 2008 @ 1:58AMAfter reaching the mandatory retirement age of 70, Judge Judith S. Kaye will retire on Wednesday, ending a quarter-century on the bench having vaulted women to new heights in the judiciary.
  • At least 228 die as Israel hammers Hamas-run Gaza Sunday, December 28, 2008 @ 1:50AM Israeli warplanes hammered Hamas targets in the Gaza Strip on Saturday in retaliation for rocket fire, killing at least 228 people in one of the bloodiest days of the decades-long Middle East conflict.
  • Israel kills 229 in air strikes on Gaza Strip Sunday, December 28, 2008 @ 1:23AMGAZA (Reuters) - Israeli warplanes pounded the Hamas-ruled Gaza Strip Saturday, killing at least 229 people in one of the bloodiest days for the Palestinians in 60 years of conflict with the Jewish state.
  • Weathering the American Contagion Sunday, December 28, 2008 @ 1:22AMThere’s long been talk of a decoupling of developing countries and emerging markets from the U.S. economy. Some even set their hopes in a reversed decoupling, meaning that big emerging economies like China could take over as engines of world growth and pull the U.S. forward.
  • Third intifada call by Hamas Sunday, December 28, 2008 @ 1:13AMDAMASCUS: Exiled Hamas leader Khaled Meshaal last night called for Palestinians to wage a third intifada against Israel, including a return to suicide missions even as world powers called for an immediate end to violence after massive and deadly air strikes on the Gaza Strip yesterday.
  • MIT Technology Review explores NEPOMUK, the Social Semantic Desktop in KDE Sunday, December 28, 2008 @ 1:10AMPosted by Stuart Jarvis on Saturday 27/Dec/2008, @17:01 from the everything-is-connected-to-everything-else dept. KDE 4 saw the introduction of NEPOMUK, the foundations for the "Social Semantic Desktop".
  • French pardon of bribe-taker raises hackles Sunday, December 28, 2008 @ 1:08AMPARIS — Among 27 prisoners granted French presidential pardons this holiday season is one with an unusual resume.
  • Italian Makers of Prosecco Seek Recognition Sunday, December 28, 2008 @ 1:05AMItalian wineries want to protect their newly popular product?s name, as well as expand sales.
  • Powers call for end to Gaza bloodshed Sunday, December 28, 2008 @ 1:04AMWorld powers called for an immediate end to violence after massive Israeli air strikes on Gaza and rocket attacks by Palestinian militants, but the US says it "holds Hamas responsible". While the Eur
  • News Sunday, December 28, 2008 @ 12:55AMWorld powers called for an immediate end to violence after massive Israeli air strikes on Gaza and rocket attacks by Palestinian militants, but the US says it "holds Hamas responsible".
  • MILF spurns Reds’ overture Friday, December 26, 2008 @ 9:59PMCOTABATO CITY, Philippines—The Moro Islamic Liberation Front has rejected the Communist Party of the Philippines’ call for a joint “intensified campaign” against the government.
  • Recruits mark CPP anniversary in forest Friday, December 26, 2008 @ 9:59PMSOMEWHERE IN MINDANAO—Deep in the nippy forest and amid a heavy downpour, hundreds of young recruits of the New Peoples Army (NPA) marked the 40th anniversary of the Communist Party of the Philippines (CPP) Friday.
  • Gazprom warns Europe on gas deliveries Friday, December 26, 2008 @ 9:54PMRussian energy giant Gazprom warned European clients Friday that its gas conflict with Ukraine, conduit for Europe-bound gas from Russia, could affect deliveries to Europe.