Immorality of forcing the military to wage war on peacetime budgets

Immorality of forcing the military to wage war on peacetime budgets



The Business

27 Jan 2007



FOR a British Prime Minister who has sent troops into conflict more often than any of his recent peacetime predecessors (Kosovo, Sierra Leone, Afghanistan, Iraq), Tony Blair has exhibited a remarkably cavalier attitude to funding and equipping the... read more...

Tech Tags: The Business newspaper Editorial

Blair’s optimism justified by deliberations at Davos

Blair’s optimism justified by deliberations at Davos



The Guardian

29 Jan 2007



Take one hotel ringed by armed police. Take hundreds of politicos discussing climate change, Africa and the Middle East. Chuck in a guest appearance by the prime minister at a fringe event and what do you get? You get the Labour party conference in the... read more...

Tech Tags: The Guardian newspaper Economics

Bush seeks to renew authority to fast track trade deal

Bush seeks to renew authority to fast track trade deal

Larry Elliott Davos

The Guardian

29 Jan 2007



George Bush will tomorrow exploit the weekend’s breakthrough in global trade talks when he announces that he wants an extra year to fast-track a deal covering agriculture, services and manufactured goods through Congress. With Tony Blair now confident... read more...

Tech Tags: The Guardian newspaper Financial

Leaders struggle to tame fears over globalization

Leaders struggle to tame fears over globalization

By Marcus Walker

The Wall Street Journal Europe

25 Jan 2007



DAVOS, Switzerland—The business and political leaders who gather every year at theWorld Economic Forum have long shared a creed: Globalization is good. That still is generally true. But this year, many of them are questioning whether it is good for the... read more...

Tech Tags: The Wall Street Journal Europe newspaper Front Page

Target rich or reap growing anger, warn economists

Target rich or reap growing anger, warn economists

Larry Elliott Economics editor

The Guardian

25 Jan 2007



A backlash against the economic insecurity caused by globalisation is looming in the west unless governments tackle growing inequality by raising taxes on the rich, economists said in Davos yesterday. After years in which workers have received an... read more...

Tech Tags: The Guardian newspaper Financial

Europe is on target for another big year of buyouts

Europe is on target for another big year of buyouts

VITO J RACANELLI OF BARRON’S

The Business

20 Jan 2007



THOUGH European equities have soared about 125% over the past four years, activity in mergers and acquisitions (M&A) and in leveraged buyouts (LBO) should continue at a brisk pace in 2007. They’ll be fuelled by low global interest rates, strong... read more...

Tech Tags: The Business newspaper The Investor Wall Street Extra

Germany ushers in the New Year with growing confidence

Germany ushers in the New Year with growing confidence D

Bill Jamieson

The Business

20 Jan 2007



ESPITE – or because of – that muchheralded three percentage point hike in VAT, Germany’s economy has entered 2007 in flying mode. Whether it will end the year in the same style is moot. For the moment, industrial output is up. Unemployment is down. So,... read more...

Tech Tags: The Business newspaper Comment

Brazil’s president is high on spending but low on reform

Brazil’s president is high on spending but low on reform F

Elizabeth Johnson

The Business

13 Jan 2007



OUR years ago, when Luiz Incio Lula da Silva was swept into office, Brazil was the pariah of the emerging market investment world. Concerns about the policies he would follow prompted the country’s sovereign debt spreads to rise to around 25... read more...

Tech Tags: The Business newspaper Emerging Markets

Japan stands pat on rates due toweak consumption

Japan stands pat on rates due toweak consumption

By Yuka Hayashi

The Wall Street Journal Asia

19 Jan 2007



TOKYO—The Bank of Japan’s decision to forgo an interest-rate increase shows the central bank isn’t prepared to risk derailing economic growth in its quest to abandon its extremely easy monetary policy. Financial markets had speculated until a few days... read more...

Tech Tags: The Wall Street Journal Asia newspaper Front Page

Opportunity in Indonesia, despite blemish

Opportunity in Indonesia, despite blemish

By Tom Wright

The Wall Street Journal Europe

19 Jan 2007



JAKARTA, Indonesia—On Jan. 12, state-controlled gas distributor PT Perusahaan Gas Negara lost $1.2 billion in market capitalization, almost a quarter of its value, after management announced a three-month delay to a key pipeline project. Although the... read more...

Tech Tags: The Wall Street Journal Europe newspaper The International Investor [ International Investm

Thai ex-premier criticizes economic steps

Thai ex-premier criticizes economic steps

By James Hookway

The Wall Street Journal Europe

16 Jan 2007



Four months after he was ousted in a coup, former Thai Prime Minister Thaksin Shinawatra broke his silence, asserting that new policies announced by the military-installed government that replaced him are undermining confidence in the Thai economy. In... read more...

Tech Tags: The Wall Street Journal Europe newspaper Economy & Politics

NYSE’s designs on Tokyo

NYSE’s designs on Tokyo

By Andrew Morse

The Wall Street Journal Europe

12 Jan 2007



TOKYO— NYSE Group Inc.’s move to buy part of India’s leading stock exchange could provide a template for an even bigger deal in Asia in which it has expressed an interest: an alliance with the Tokyo Stock Exchange. Wednesday, NYSE, which operates the... read more...

Tech Tags: The Wall Street Journal Europe newspaper Money& Investing

NYSE’s designs on Tokyo

NYSE’s designs on Tokyo

By Andrew Morse

The Wall Street Journal Europe

12 Jan 2007



TOKYO— NYSE Group Inc.’s move to buy part of India’s leading stock exchange could provide a template for an even bigger deal in Asia in which it has expressed an interest: an alliance with the Tokyo Stock Exchange. Wednesday, NYSE, which operates the... read more...

Tech Tags: The Wall Street Journal Europe newspaper Money& Investing

Time to shop in Germany

Time to shop in Germany

By Marcus Walker

The Wall Street Journal Europe

08 Jan 2007



BERLIN—In Germany, where weak consumer spending has long hobbled the economy, shopkeepers are hoping the repeal of strict laws limiting store hours will encourage people to open their wallets a bit more. Until recent weeks, Berlin’s main shopping... read more...

Tech Tags: The Wall Street Journal Europe newspaper Front Page

Power, corruption and lies

Power, corruption and lies



The Guardian

08 Jan 2007



The emergence of China as a $2 trillion economy from such inauspicious beginnings only 25 years ago is such a giddy accomplishment that the temptation to see its success as proof positive of your own prejudices is overwhelming. And the west’s broad... read more...

Tech Tags: The Guardian newspaper Shortcuts

A good year for global economy

A good year for global economy



Gulf News

01 Jan 2007



The world economy is expected to slow this year, led by the US, where the housing market and housing starts weakened last year. But the expected retrenchment is modest. This looks much the most plausible view. But there are also risks on the downside.... read more...

Tech Tags: Gulf News newspaper INTERNATIONAL

U.S. industries brace for change

U.S. industries brace for change

By John D. McKinnon And John J. Fialka

The Wall Street Journal Europe

04 Jan 2007



WASHINGTON—The industries that expect to be prime targets of the newDemocraticCongress are scrambling their marketing, public-relations and advertising forces to shore up their defenses. Eager todemonstratea sharpcontrast with Republicanswhohave... read more...

Tech Tags: The Wall Street Journal Europe newspaper Economy& Politics