The US has come out of its worst recession for 70 years after its economy grew by 3.5% in the third quarter thanks to an increase in consumer spending and investment in home-building. Sky’s Nina De Roy spoke to Dave Kansas of The Wall St Journal. watch video
Germany’s new foreign minister Guido Westerwelle has made his first public appearance with Chancellor Angela Merkel at an EU summit. The left-liberal daily Süddeutsche Zeitung evaluates Westerwelle’s position: “Whenever he enters the international limelight, Angela Merkel is sure to be there ahead of him. … He will have to make his mark as an authority [...]
For years Czech patriots have been complaining bitterly about Christmas in their country being taken over by Santa Claus, who they say is increasingly pushing the Christ Child, also a bringer of gifts in Czech tradition, into the background. The liberal daily Mladá Fronta Dnes writes that this year it will all be very different: [...]
The US economy grew in the third quarter of 2009, a first since the spring, but the figures could be misleading. The current recovery is vulnerable as it rests on domestic policy measures, while global imbalances are tipping the scales in China’s favour. Les Echos – France The US economy is on the upswing, but [...]
Moscow (RIA Novosti) – Russian President Dmitry Medvedev will visit the German capital on November 9 to take part in events marking the 20th anniversary of the fall of the Berlin Wall, a senior aide said on Wednesday. Sergei Prikhodko said the Russian leader was invited to attend the celebrations by German Chancellor Angela Merkel. [...]
Stockholm – Sweden’s SEB Bank reported a 99% fall in third-quarter profit as credit losses in the Baltic region weighed. “We’ve been building up provisions for credit losses in the Baltics for over 1.5 years,” CEO Annike Falkengren said. “What’s been positive this quarter is that we started to see a stabilization of these provisionings. watch [...]
Hindus urge newly elected head of Evangelical Church in Germany to promote interfaith dialogue Congratulating Margot Kässmann on her election as the chairperson of Evangelical Church in Germany (EKD) Council, Hindus hope that she would promote interfaith dialogue in the world. Acclaimed Hindu statesman Rajan Zed, in a statement in Nevada (USA) today, hoped that [...]
The foreign ministers of Lithuania and Russia, Vygaudas Usackas and Sergei Lavrov, will discuss cooperation in Moscow on Thursday, the Lithuanian ministry said. Vilnius (RIA Novosti) – ”During the meeting the ministers intend to discuss bilateral and multilateral cooperation… regional cooperation in the Council of the Baltic Sea States [CBSS], as well as Lithuania’s forthcoming presidency of the [...]
A car bomb has torn through a packed market in Pakistan killing 92 people and trapping casualties under pulverised shops, in one of Pakistan’s deadliest attacks. The explosion brought down buildings in the northwestern city of Peshawar just hours after US Secretary Hillary Clinton arrived in Pakistan to bolster the two countries’ troubled alliance against [...]
Kiev (RIA Novosti) – The National Bank of Ukraine (NBU) has told the government that it is unable to allocate over $1 billion for the organization of Euro 2012, the UNIAN news agency said on Wednesday. The news agency quoted an unnamed bank source as saying that the NBU was unable to allocate the money [...]
