Archive for November 13th, 2008

EU, US strike deal with China over media restrictions dispute (AFP)

Chinese journalists from Xinhua News Agency work at their office in Beijing in August 2008. The European Union and United States said Thursday they had reached a deal with China over a WTO dispute on Beijing's restrictions on foreign financial news providers working in the country.(AFP/File/Jewel Samad)AFP - The European Union and United States said Thursday they had reached a deal with China over a WTO dispute on Beijing's restrictions on foreign financial news providers working in the country.

AFP

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Russia sees EU talks as ray of hope for economy (AP)

President of the Russian Federation Dmitry Medvedev speaks during the 2008 EU-Russia Industrialists' Round Table Annual Conference in Cannes, southern France, Thursday, Nov.,13, 2008. The EU-Russia Industrialists’ Roundtable is a business-minded platform composed by CEOs of EU and Russian companies, giving business recommendations to policy makers in the EU and Russia. (AP Photo/Lionel Cironneau)AP - Russia's president and top business leaders looked Thursday to warming relations with the European Union as a ray of hope for Russia's tottering markets and at-risk economy. Yet critics say the EU is rushing too fast back into Moscow's embrace after a war that soured ties.

AP

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OECD says developed world already in recession (AP)

AP - The world's developed countries, hard hit by the financial crisis, have probably tipped into a recession that will last at least through the first half of 2009, according to new projections issued Thursday.

AP

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Russia, EU to ‘speak with one voice’ on crisis: Medvedev (AFP)

 Russia, EU to speak with one voice on crisis: Medvedev 
    (AFP)AFP - President Dmitry Medvedev said Thursday that Russia and the European Union will "speak with one voice" on the financial crisis at a summit this weekend, on the eve of crunch talks with EU leaders.

AFP

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US, European stocks steady despite data (AP)

A specialist works at his post on the floor of the New York Stock Exchange Thursday, Nov. 13, 2008. (AP Photo/Richard Drew)AP - European and U.S. stock markets were little changed Thursday as stocks struggled to find direction following hefty losses in the first part of the week. Asian shares closely sharply lower.

AP

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