Sarkozy out of step over Russian poll

By Ben Hall and Tony Barber Financial Times December 5 2007 President Nicolas Sarkozy of France broke ranks with other European Union leaders in response to Russia’s widely criticised parliamentary election when he rang President Vladimir Putin to “congratulate” him on his victory, it emerged on Tuesday… more

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Opec rules out output increase

By Javier Blas Financial Times December 5 2007 Opec rebuffed consumer nations’ pleas for a production boost on Wednesday by leaving its official output ceiling unchanged at least until February. The decision triggered a brief price rally above $90 a barrel. The oil producers’ cartel argued that, in spite of high prices, the market was […]

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EU talking tougher about weak dollar

By Katrin Bennhold and Stephen Castle International Herald Tribune December 4, 2007 PARIS: European policy makers this week hardened their tone on the decline of the dollar, as economists trimmed their growth forecasts for the 13-nation euro area and major manufacturers like Airbus threatened to move factories overseas… more

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