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Trichet signals EU rate rise next month
FT.com - The European Central Bank on Thursday signalled the cost of borrowing in the eurozone would rise again soon, with most economists tipping on a now-traditional quarter-point rise in the main rate to 4.25 per cent in early September.
EU rejects claim trying to link aid to economic deals
AFP - The European Union Friday rejected claims it is trying to link aid to the Pacific region with economic deals it wants to strike by the end of the year.
Studies outline history of declining bluefin tuna, reveal migration secrets
Canadian Press - HALIFAX (CP) - It was the sign of a booming industrial fishery: Atlantic bluefin tuna so plentiful that hundreds of the giant fish were crammed wall-to-wall inside European markets between the 1940s and '60s.
World stocks shaken by US credit concerns
AFP - Global equity prices plunged Thursday on renewed worries about the US subprime mortgage sector, with European markets closing 2.0 percent lower and Wall Street in sharp decline.
EU's Mandelson warns Thailand against drugs pricing programme
AFP - European Union Trade Commissioner Peter Mandelson has warned the Thai government against moves that would force drugmakers to drop their prices on expensive medication, the Financial Times reported on Friday.
US papers welcome central banks' intervention
AFP - Several US newspapers on Saturday welcomed a decision by the US Federal Reserve and central banks in Japan and the European Union to inject cash into unstable financial markets.
ECB injects EU47bn into markets
FT.com - The European Central Bank injected EU47.67bn into the euro-zone money markets on Monday, for a net drain of EU13.39bn in cash.
European economic growth figures disappoint
AFP - The European Union and its member states on Tuesday released a raft of disappointing economic growth figures just as investors were seeking good news in the maelstrom of the financial markets.
FTSE shares dive in initial trade
AFP - London's FTSE 100 index of leading shares fell by 1.05 percent to 6,079.10 points in initial trade on Wednesday amid a fresh global sell-off, after heavy losses in Asia earlier in the day.
London shares slump 2.00 percent at open
AFP - London's FTSE 100 index of leading shares tumbled by 2.00 percent to 5,987.20 points in volatile trade at the open on Thursday.
London shares waver at opening
AFP - London's FTSE 100 index of leading shares made a hesitant start to trading on Friday, after heavy losses on Asian stock markets earlier in the day.
Gaza suffers more power cuts after EU freezes finance
AFP - Parts of the Gaza Strip were still suffering power cuts on Sunday after the European Union suspended the financing of fuel deliveries for the impoverished territory's sole power plant.
Gazans battle blackouts as EU mulls resuming fuel aid
AFP - Blackouts plagued the Gaza Strip anew on Monday as the European Union was reviewing whether to renew its financing of fuel deliveries for the impoverished territory's sole power plant.
Eurozone trade surplus jumps in June
AFP - The eurozone's trade surplus surged nearly fivefold in June from May despite the strength of the bloc's shared currency, according to official EU data released Tuesday.
Miners lift London's FTSE 100
FT.com - London equities were higher on Monday, supported by strong BHP Billiton (NYSE:BHP) results, while investors awaited possible market-calming action from central banks.
City bankers to feel the pinch from market turmoil
AFP - Turmoil in global markets this month is expected to have blown a large hole in London bankers' 2007 bonuses, with knock-on effects for the British economy, experts believe.
Global Overview: Investors remain wary on debt concerns
FT.com - Shares on Wall Street fell on Monday and European markets struggled to make progress as investors remained cautious over the prospect for further debt market turmoil and fresh signs emerged of the weak state of the US housing sector.
FTSE 100 close down as Wall St awaits minutes from US central bank
AFP - The FTSE 100 share index finished in negative territory Tuesday mirroring losses across the Atlantic as nervous Wall Street investors cautiously awaited minutes from the Federal Reserve's meeting on August 7.
Asian markets drop after Wall Street sell-off; Europe mixed in early trade
Canadian Press - TOKYO (AP) - Asian markets dropped Wednesday following a plunge on Wall Street amid simmering concerns over global credit market turmoil and fears the U.S. Federal Reserve won't do enough to ease a credit crunch. European markets, meanwhile, were mixed in early trade.
EU might restrict foreign access to energy networks: report
AFP - The European Commission is considering restricting access by foreign energy groups, especially from Russia, to EU networks, the Financial Times said Thursday.
Turkish PM pledges more democracy, EU reforms
AFP - Turkish Prime Minister Recep Tayyip Erdogan pledged Friday to draft a new, liberal constitution and focus on reforms to strengthen both the economy and Ankara's bid to join the European Union.
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