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Archive for March 28th, 2008Argentine farmers end 16-day strikePosted by UK Economy News
In UK financial news
28Mar 08 Argentine farmers on Friday ended 16 days of protests over export taxes that disrupted highway traffic and resulted in food staples being scarce in markets across the country.
Read full story IMF board backs modest boost to developing nations’ cloutPosted by UK Economy News
In UK financial news
28Mar 08 The International Monetary Fund's executive board on Friday approved measures that slightly boost the voting power of developing countries within the multilateral institution, officials said.
Read full story Comments Off More flight misery predicted at Heathrow terminalPosted by UK Economy News
In UK financial news
28Mar 08 British Airways cancelled 54 scheduled flights in and out of London Heathrow's expensive new terminal on Saturday, signalling a third day of travel misery for travellers.
Read full story Comments Off Ukraine president puts gas debt at 2 bln dlrs, above PM’s figurePosted by UK Economy News
In UK financial news
28Mar 08 President Viktor Yushchenko said Friday Ukraine's gas debt to Russia was two billion dollars (1.27 billion euros), apparently contradicting his prime minister who put it at 900 million dollars.
Read full story Comments Off ECB to offer markets 150 billion euros as analysts warn of wider crisisPosted by UK Economy News
In UK financial news
28Mar 08 The European Central Bank said Friday it would provide banks with 150 billion euros (235 billion dollars) in additional liquidity, including its first ever six-month refinancing operations.
Read full story Comments Off Barroso slams Bulgaria’s rampant corruptionPosted by UK Economy News
In UK financial news
28Mar 08 European Commission President Jose Manuel Barroso attacked Bulgaria's thriving culture of corruption and organised crime Friday but backed its prime minister's efforts to root them out.
Read full story Comments Off WTO rules against US, Canada in beef row with EUPosted by UK Economy News
In UK financial news
28Mar 08 The World Trade Organisation has ruled against the United States and Canada in a row with the European Union over an EU ban on beef treated with growth hormones, a European official told AFP on Friday.
Read full story Comments Off US consumer spending stallsPosted by UK Economy News
In UK financial news
28Mar 08 US consumer spending stalled in February despite rising incomes as Americans boosted savings amid recession fears, according to government data released Friday.
Read full story Comments Off Air France-KLM at loggerheads with Alitalia unions over takeover termsPosted by UK Economy News
In UK financial news
28Mar 08 Air France-KLM on Friday failed for a second time to get Alitalia's unions on board for the European giant's move to take over the nearly bankrupt Italian flag carrier but new negotiations were set for next week.
Read full story Comments Off EU commissioner calls for sovereign wealth fund code of conductPosted by UK Economy News
In UK financial news
28Mar 08 European Trade Commissioner Peter Mandelson called Friday for sovereign wealth funds to agree to a code of conduct to avoid being cast as "villains" by governments fearful of their power and influence.
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