Reuters May 28, 2009 During one of the many meetings preceding the Copenhagen round of talks scheduled to take place in December, the developed countries have tentatively agreed on a plan to collectively raise $100 billion per year in order to provide financial support to the poor and developing nations as they try to make […]
New York Times Global Edition May 27, 2009 Hezbollah, the Shiite militant group, has talked with the International Monetary Fund and the European Union about continued financial support to Lebanon in the event the group’s political alliance wins the June 7 parliamentary elections, Hezbollah officials said Wednesday. more
Financial Times May 27, 2009 Steven Chu, US secretary of energy, on Wednesday said that it would not be politically feasible for the country to lower its reliance on oil by raising petrol prices to Europe’s levels through higher taxes or regulation. more
New York Times Global Edition May 26, 2009 For Klaus Franz, the top union official at General Motors’ Opel unit here, the difference between how the United States and Europe confront the auto industry’s global overcapacity problem is simple. more
Reuters May 26, 2009 As navies from around the world confront Somali gangs off the Horn of Africa, a small legal issue is turning into a major problem for the mission and the governments involved: what to do with the captured pirates? more