THE SMART NEWS SOURCE | Feb 10 2012 16:35 | LAST UPDATED Feb 10 2012 16:35 |
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Greece makes peace with bailout pledgesFinance ministers are piling the pressure on Greece to make good on pledges to slash public spending before closing a deal on a €130-billion bailout. Resources
Glencore Xstrata could irk authorities over merger plansBut Glencore and Xstrata executives maintain that they are merely consolidating their business. Greek prime minister optimistic of eurozone compromiseGreek coalition leaders failed to reach a deal on austerity cuts after marathon talks but Prime Minister Lucas Papademos is hopeful of an agreement. China's appetite boosts global commodity outlookThe year ahead may yet prove a tough time for commodities, but the outlook from the 2012 Mining Indaba is cautiously optimistic, thanks to China. The economic week ahead: Greece lighteningNegotiations aimed at lightening Greece's debt load to more sustainable levels are likely to dominate economic headlines this week. Asian trade flourishes for sanctions-hit IranChina has become Iran's top trading partner as the sanctions against the Islamic republic have become progressively tougher. Eurozone ministers to continue 'tough' Greece talksFinance ministers are to confer by telephone after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal. Germany
EU summit edges towards new eurozone treatyGermany's Chancellor Angela Merkel appears to be getting support on the fiscal compact, but is left increasingly isolated over Greece. Angry Greeks condemn EU plot to control its financesGermany's plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".
Business
Europe must clean up its own messEurope should get their finances in order. Global business
Let Greeks decide on debtThe process has been hijacked by a
self-serving troika that has ignored the people. Gates lends Global Fund a helping handBill Gates has rescued a beleaguered health fund by pledging $750-million to fight three of world's killer diseases -- Aids, malaria and TB. Women must banish men to the margins, Tutu tells DavosArchbishop Desmond Tutu has warned the world's elite that it is time for women to seize control of the world and sort out the mess men have made. Stay calm and carry on, Gordhan tells SAPravin Gordhan has told South Africans to learn from Europe's mistakes, and not worry about bad news coming out of the World Economic Forum meeting. IMF slashes global forecast, eyes 'rhythm' of fiscal bluesThe IMF has cut its growth forecasts for major countries in 2012 and urged governments to adjust the "rhythm" of measures to avoid derailing recovery. Greece's debt talks threatened by rising pressureHopes of a deal between Greece and creditors in time for Monday's eurozone meeting have been dashed amid increased pressure to accept bigger losses. The economic week ahead: Davos, data and ratesEconomists and investors across the globe will be digesting a host of economic reports for signs that recent rallies may continue. Davos guide A-Z: what you need to know about the WEFOur A-Z analysis unpicks the significance of the World Economic Forum talkfest taking place in Switzerland this week. 'Global burnout' on the WEF agenda at DavosThe sovereign debt crisis is set to cast its shadow over Davos this year, where world leaders will meet to discuss the future of the global economy. United Kingdom
David Attenborough calls on businesses to protect the worldDavid Attenborough has urged big businesses to play a leading role in protecting nature from the expanding human population. TOPICS IN THIS SECTION
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