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Archive for December 23rd, 2007EU braces for end of Chinese clothing quotasPosted by UK Economy News
In UK financial news
23Dec 07 The European Union is bracing for the expiry of import quotas on Chinese textiles at the end of the year amid fears of a new wave of T-shirts and trousers bearing "Made in China" labels flooding in.
Read full story Clouds over Nigeria’s oil industryPosted by UK Economy News
In UK financial news
23Dec 07 Despite being the world's eighth petroleum exporter and sitting on huge gas reserves, Nigeria will not have it easy over the next two years, between peristent unrest in the Niger Delta and strained relations with the major oil companies.
Read full story Comments Off Bolstered ECB’s trial by fire will burn into 2008: AnalystsPosted by UK Economy News
In UK financial news
23Dec 07 The European Central Bank starts 2008 with its stature boosted by quick responses to this year's banking crises, but its credibility will be tested soon by money markets, wage demands and a potential housing bust.
Read full story Comments Off Cuba and Venezuela sign 14 oil agreementsPosted by UK Economy News
In UK financial news
23Dec 07 Visiting Venezuelan President Hugo Chavez and acting Cuban President Raul Castro signed agreements Saturday in the energy, mining and oil sectors, including a 170-million-dollar deal to build a new power plant.
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