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Confronting U.S.-China Economic Imbalances

An undervalued Chinese yuan remains a contributing factor to the U.S.-China trade imbalance, but experts warn that labeling China a “currency manipulator” will not rein in mounting U.S.

Views from the Newsroom: Challenges to American Power (Video)

David E. Sanger and Daniel Klaidman discuss their respective books and assess the Obama administration’s national security policies and practices.

Fixing Finance

As the global financial sector has swelled, the gap between the rich and the poor has grown.

Thomas Storrs, Who Set Stage for Bank of America in ’80s Deals, Dies at 93

Thomas Storrs, whose determination to expand North Carolina National Bank beyond state borders laid the foundation for today’s Bank of America Corp. (BAC) , has died. He was 93.

Egypt to accept $2.97 billion IMF loan

EGYPT’S finance minister said his government will sign a memorandum of understanding with the International Monetary Fund in March for a previously spurned $US3.2 billion ($2.97 billion)

Canada’s British Columbia to Beat Deficit Targets, Finance Minister Says

British Columbia’s budget deficit will narrow faster than forecast as the Canadian province returns to surplus in the next two years, Finance Minister Kevin Falcon said.

Moscow air talks to debate measures against EU: draft

BRUSSELS (Reuters) – Nations opposing a European Union law that forces all airlines to pay for their carbon emissions will next week debate an array of counter-measures, a draft agenda seen by Reuters on Friday showed, raising the risk of an aviation trade war.

Sewage dumping disrupts water supply in China city

BEIJING (Reuters) – About 50,000 residents in a southern Chinese city had their water supplies disrupted after a fish farm discharged sewage into the local water source, state media said Sunday, in the

Seafood exports to EU | Business Recorder

It may be recalled that the EU had placed a ban on Pakistani seafood imports in 2007 complaining of the unhygienic conditions under which various products were handled at different levels, from fishing boats to

Ghana, Africa and the World Powers Part II

In Part I of this series, I pointed out that economic and military strength are the two wings with which the Dragon (China) and the Eagle (US) fly

General Mills cuts ’12 outlook on weak sales

(Reuters) – General Mills Inc cut its 2012 outlook on Friday, citing weak sales volume, and its shares fell more than 4 percent.

Making SA great is a far better way to honour Madiba

WHEN I heard that the Reserve Bank had put out an announcement about a Saturday press conference, my heart sank.

House Republicans seek more documents in Solyndra probe

WASHINGTON (Reuters) – Republican lawmakers alleged on Friday that the Energy Department used a loan guarantee to a massive rooftop solar project as part of a last-ditch effort to bail out Solyndra, a solar panel maker that later failed.

Australia to assess development pressure on Barrier Reef

SYDNEY (Reuters) – Australia will carry out a comprehensive assessment of development pressure on the Great Barrier Reef to help preserve the world’s largest coral reef system, ministers said Saturday.

Soybeans to 4-month high on China sales; wheat, corn up

CHICAGO: US soybean prices climbed to a four-month high on Friday while wheat and corn also advanced on export demand for US grains as concerns persisted about crop production in South America.

India Ink: Image of the Day: February 16

Indian fishermen released by Pakistan cross over from the India-Pakistan Wagah Border Post.

Ultra HNWIs in Hong Kong to 2015: a prime destination for private banking

Ultra HNWIs in Hong Kong to 2015 ” report to their offering. In 2011, there were 2,560 UHNWIs in Hong Kong, with an average wealth of US$148 million per person and a combined wealth of …

Greece, battling for bailout, finds extra budget savings

Greece said on Thursday it had found extra budget savings demanded by its international lenders, suggesting a new rescue package is within reach even though acrimony simmered between Athens and its European …

Egypt-U.S. Rift May Imperil IMF Funding as Reserves Threaten Currency Run

Egypt’s politicians and media are issuing ever-louder accusations of American meddling just as the country seeks loans from the International Monetary Fund, where the

Canadian Currency Strengthens as Risk Appetite Grows on Greece, U.S. Data

The currency erased losses after initial jobless-benefit claims in the U.S., Canada’s biggest trade partner, unexpectedly slid to a four-year low. It …

HSBC Names McLean to Head Japan as Bank Scales Back

(Corrects sixth paragraph of story published on Jan. 27 to say McLean worked as business manager for global banking and markets in Asia-Pacific.) HSBC Holdings Plc (HSBA) named Kaber McLean as its chief executive officer for Japan, where Europe ’s biggest bank is reducing its presence as part…

Hungary Should Keep Rate Unchanged Until IMF Agreement, Policy Makers Say

Hungary’s central bank should keep borrowing costs unchanged until the government agrees on an International Monetary Fund bailout, which may allow rate cuts, policy makers Ferenc

EU rules against forcing internet filters

SOCIAL networking websites cannot be forced to install filters preventing users from illegally sharing music and videos protected by copyright, the European Union’s top court says.

Bankrupt Alabama county to hire manager for debt

Birmingham, Ala., Feb 15(Reuters) – Alabama’s Jefferson County will soon hire a manager for its investments and the $4.23 billion debt load that pushed the county to declare the biggest U.S….

Moody’s may downgrade UBS and Morgan Stanley

(Reuters) – Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is…

Cameron Promises More Powers To Scotland In Bid To Stop UK Falling Apart

In a desperate attempt to ensure that Scotland does not leave the United Kingdom, Prime Minister David Cameron has said that he will consider offering Scotland more powers if its people vote against the referendum to secede, The Telegraph reports. “I’m very

Schibsted ASA (SCH) – Interim Financial Statement Q4 2011

Today Schibsted ASA (SCH) released its Q4 2011 report, which shows operating revenues of NOK 3.7 billion, underlying an increase of 4 per cent compared to the same period in 2010. Advertising revenues …

Research and Markets: Introducing the 2012 Media Report on Newspapers in Norway Featuring Companies such as Edda Media …

Research and Markets has announced the addition of the “Newspapers in Norway ” report to their offering.

Newspaper readership falls by 2.4%

NEWSPAPER READERSHIP in Ireland has declined by 2.4 per cent year-on-year, according to the Joint National Readership Survey published yesterday.

New Coastal Look Headlines Wave of SeaPak Changes

ST. SIMONS ISLAND, Ga., Feb. 15, 2012 /PRNewswire/ –  SeaPak Shrimp & Seafood Co ., the No. 1 shrimp brand within the frozen specialty seafood category, has ushered in 2012 with waves of changes, including …

Food packaging giant’s UK-based arm faces disruption over strikes

More than 100 protestors joined the picket line for the first strike with further strikes to come, according to a UK newspaper. MMP are looking to make 49 redundancies by March.

China VP flies to US for getting-acquainted visit

China’s vice president left Monday for a crucial getting-acquainted visit to the United States before he takes over as leader of the world’s most populous nation later this year, amid tensions over trade, …

Kuwait central bank chief resigns

The head of Kuwait’s central bank of more than 25 years has resigned, state media said Monday, in the latest shake-up among the Gulf nation’s

Fukushima Town Offers First Site for Waste Storage, Nikkei Says

A town near Japan’s crippled Fukushima nuclear station offered to build a site to store contaminated soil, the first municipality near the plant to accept radioactive waste from the atomic disaster, the Nikkei newspaper reported.

Low Wages Compound Japan's Grim Prospects

In Japan, bonuses are not what they once were. Just ask Keiko Shimoharaguchi.

Israel fears Iranian terror wave

ISRAEL has blamed Iran for a series of blasts in Bangkok, a day after its embassies in India and Georgia were targetted.

Across southern Europe, the 'ugly' Germany is back

While much of the current German-bashing is wild and unfair, there’s no arguing the euro is in a dangerous and unstable position

Host Europe Virtualizes Gaming Databases in the Cloud with Fusion-io

SALT LAKE CITY, Feb. 13, 2012 /PRNewswire/ –  Fusion-io (NYSE: FIO – News) today announced that Host Europe GmbH, a leading European managed cloud service provider and part of the Host Europe Group, has deployed …

Research and Markets: Software in Europe

Research and Markets has announced the addition of the “Software in Europe” report to their offering.

China’s Stocks Drop on Wuhu’s Property Reversal, Slumping Bank Loan Growth

China’s stock-index futures fell, signaling declines for the benchmark index, after new lending grew less than estimated in January and an eastern Chinese city suspended a decision to ease property curbs.

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