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Daily Archives: June 12, 2012

The Government of Asturias makes a “categorical requirement̶...

June 12, 2012 admin
The Asturian Government today launched a “categorical requirement” to the Industry Minister, José Manuel Soria, to negotiate with the mining unions, with whom the Spaniard Executive share...

Fitch applies a massive drop to the bench after the cut to Santander a...

June 12, 2012 admin
The risk measurement agency Fitch has applied today a massive lowering the rating of the long-term debt of 18 Spanish banks, after yesterday slashed in two steps of the two largest groups, BBVA and S...

Merkel said that Spanish aid will have a “conditionality” ...

June 12, 2012 admin
German Chancellor Angela Merkel said Wednesday that aid to Spanish banks lead “of course conditionality”, although it will be “different” to the bailouts that affect the whole...

Venezuela supports the candidacy of Ecuador to the secretary general o...

June 12, 2012 admin
Venezuela supports the candidacy of Ecuador to the general secretariat of the Organization of Petroleum Exporting Countries (OPEC), a subject that will be discussed on Thursday in Vienna, during the ...

The FROB complaint to the above address of Banco de Valencia

June 12, 2012 admin
The Bank Restructuring Fund (FROB) has filed a complaint with the Court against the previous management of Banco de Valencia for various actions that could constitute a crime. This is stated in the c...

Pastor believes positive European loan to the bank and a commitment to...

June 12, 2012 admin
The Minister of Development, Ana Pastor, said today that the loan of up to 100,000 million euros to the Spanish financial sector is “very positive” because it implies that Europe is ̶...

A Nicaraguan advisor traveled to Spain to “negotiate” with...

June 12, 2012 admin
An advisor to the president of Nicaragua, Daniel Ortega, today traveled Spain to “negotiate” with Gas Natural Group, responsible for electricity distribution in the country, a solution to...

Japan’s Tokyo and Osaka, among the most expensive cities in the ...

June 12, 2012 admin
Tokyo is the world’s most expensive city for foreigners, followed by Angola Luanda and Japan’s Osaka, according to a study by consultancy Mercer, which includes six European and two South...

Canadian Prime Minister says “encouraged” by the credit to...

June 12, 2012 admin
The Canadian Prime Minister Stephen Harper said Wednesday he feels “really encouraged” by the European agreement on a credit line for Spanish banks, but Finance Minister Jim Flaherty, rep...

Spanish bank bailout does not fix the problems in Europe, says Chilean...

June 12, 2012 admin
Chilean Finance Minister Felipe Larrain, today described as “good news”, the Spanish bank bailout but warned that the initiative does not solve the serious problems of Europe. “This...
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RSS Global NEWS

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    While the IMF made several recommendations to the UK in its annual report on the economy it did not repeat its April criticism of Mr Osborne’s fiscal strategy […]
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  • Shares mixed ahead of Fed testimony
    Japan stocks lead rally, with investors waiting for Federal Reserve chairman Ben Bernanke’s testimony before Congress later in the day […]
  • Top US tax official to refuse questioning
    News that Lois Lerner came as revelations continued to trickle out of the White House about who first knew about the IRS actions, and when […]
  • Fiat Industrial to move tax home to UK
    Blow to Italy underlines the attractiveness of the UK’s increasingly light corporate tax regime […]
  • Cook’s gamble pays off
    Tim Cook’s stance defanged much of the fiercest questioning from the Senate’s investigations committee, which questioned Apple’s tax ‘gimmicks’ […]
  • Bernanke to address QE timeline
    The message from Mr Bernanke is likely to mirror that of March: the Fed is looking to wind down QE3 depending on labour data and the broader economy […]
  • Germany offers jobs to young Spanish jobless
    Germany agrees to give jobs or apprenticeships to about 5,000 young unemployed Spaniards every year […]
  • Dublin cut tax burden after US lobbying
    Changes to Ireland’s tax code in 2010 were introduced as part of a suite of incentives to boost country’s attractiveness as a location for intellectual property […]

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