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Last updated: 12:43:04 Wednesday Dec 3, 2008


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  • Job cuts, sick car sales, weak demand point to European rate cuts
    LONDON (AFP) - A new round of job cuts in Italy and Spain, plunging German auto sales and a eurozone report described as "horrible" pointed on Wednesday to further interest rate cuts in Europe, analysts said.   Nations:Italy Germany Spain France   People:Nancy Pelosi   Activities:2008 Global Recession   2008-12-03

    Recession tide rising as EU works on dam of state spending
    BRUSSELS (AFP) - The global economic crisis swept on to another watershed on Tuesday with EU ministers targeting a huge spending boost, stocks gyrating, the US in recession and central banks looking for new rescue routes.   Nations:Germany Sweden France Luxembourg Russia Netherlands   People:Ben Bernanke   Activities:2008 Global Recession   2008-12-02

    Slovakia, EU's Detroit, maneuvers around meltdown
    ZILINA, Slovakia - Every 60 seconds, to a robotic burst of Mozart's Symphony No. 40, a new Kia sedan or SUV emerges from beneath a cascade of sparks at the South Korean carmaker's gleaming assembly plant in this northwestern town.   Nations:Czech Republic Russia Germany Ukraine Poland Hungary   Activities:2008 Global Recession   2008-11-30

    EU wants early foreign policy focus from Obama
    WASHINGTON - The European Union's foreign policy chief says he expects U.S. President-elect Barack Obama to move quickly to address top trans-Atlantic goals, including Middle East peace, negotiations with Iran and slowing global warming.   People:Joseph Biden Barack Obama Hillary Clinton   Activities:Obama Admin. U.S.-Europe   Source:(AP)   2008-11-21

    Huge gaps in 'good health' lifespan across Europe: study
    PARIS (AFP) - Residents in the European Union's wealthier nations live in good health up to 14 years longer than their more recent EU neighbours to the east, according to a major study published Monday.   Nations:Latvia Italy France Estonia Czech Republic Lithuania   Source:(AFP)   2008-11-16

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    [2007-8 Oil Crisis]: Oil hits near 4-year low on weak economic news (06:40 12/4)

    [2008 Mumbai Terror Attack]: Officials: Pakistan militants masterminded attacks (06:40 12/4)

    [2008 Global Recession]: BoE cuts interest rates, ECB decision due shortly (06:40 12/4)

    [Afghan Terror War]: Suicide bombers hit Afghan southeast (06:40 12/4)

    [Second Gulf War]: Iraq officials: Car bombings in Fallujah kill 10 (06:40 12/4)

    [U.S. Foreclosure Crisis]: Toll Brothers 4Q loss narrows, no 2009 forecast (06:40 12/4)

    [Global Financial Crisis]: European markets surge ahead of rate decisions (05:40 12/4)


    [U.S.-Russia Military Relations]: Russia to send warship through Panama Canal (23:38 12/3)


    [India-Pakistan]: Official: Pakistan group leaders linked to attacks (23:28 12/3)

    [2008 Automakers Downturn]: Automakers plead with Congress; votes lacking (23:28 12/3)




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