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Business in 2011

17 Nov 2011 15:09 - Nickolaus Bauer
Debt ceilings, double dips, currency volatility and Walmart -- the Mail & Guardian rounds up the business highlights of 2011.

Benetton in hot water over Unhate ad campaign

17 Nov 2011 12:10 - Staff Reporter
Italian clothes company Benetton has pulled a photo montage showing the pope kissing a leading imam from its new global ad campaign, Unhate.
Set aside euro misgivings, says Merkel

Set aside euro misgivings, says Merkel

14 Nov 2011 20:26 - Staff Reporter
German Chancellor Angela Merkel has urged her party to set aside misgivings about the euro and accept integration as a solution to the debt crisis.

Italy at breaking point, Merkel calls for 'new Europe'

09 Nov 2011 20:29 - Staff Reporter
Italian borrowing costs reached breaking point after Prime Minister Silvio Berlusconi's insistence on elections instead of an interim government.
Eurozone: Will Greece stay or will it go?

Eurozone: Will Greece stay or will it go?

03 Nov 2011 06:45 - Staff Reporter
Germany and France have issued Greece with an ultimatum that will see it receive no more aid until it decides on whether it will stay in the eurozone.
Obama tops Forbes' most powerful list

Obama tops Forbes' most powerful list

02 Nov 2011 19:40 - Staff Reporter
Barack Obama topped Forbes' list of the world's most powerful people in 2011, while Russian Prime Minister Vladimir Putin came in at No. 2.
European leaders smooth feathers ahead of G20 meeting

European leaders smooth feathers ahead of G20 meeting

02 Nov 2011 14:26 - Richard Lein
European leaders summoned Greece's prime minister to the French Riviera to restore calm ahead of a G20 summit after his shock call for a vote.
Greek PM convinces Cabinet -- next up: everyone else

Greek PM convinces Cabinet -- next up: everyone else

02 Nov 2011 07:31 - Staff Reporter
Greece's Papandreou has won the backing of his Cabinet to push ahead with a referendum on an EU debt bailout deal. World leaders are not convinced.

Sarkozy backs down on ECB crisis role, progress slow

23 Oct 2011 19:41 - Staff Reporter
French President Nicolas Sarkozy faces implacable German opposition to demands to use unlimited European Central Ban funds to fight the debt crisis.

Europe piles pressure on banks to write off Greek debt

22 Oct 2011 17:55 - Staff Reporter
Europe has piled pressure on banks to write off vast Greek debts as leaders struggle to come up with a lasting answer for its credit crisis.

Rescue plan to save broke banks

14 Oct 2011 19:45 - Helen Pidd
Angela Merkel and Nicolas Sarkozy have drawn up a package to counter debt crisis -- but refuse to reveal details.
Sarkozy gives month-end deadline for eurozone response

Sarkozy gives month-end deadline for eurozone response

09 Oct 2011 20:09 - Staff Reporter
French President Nicolas Sarkozy says Europe must "have resolved its problems" by the time G20 leaders meet in November.
Merkel, Sarkozy tackle differences over euro crisis

Merkel, Sarkozy tackle differences over euro crisis

09 Oct 2011 15:52 - Staff Reporter
German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy over how to use the eurozone's financial fire power.
Leaders meet on crunch weekend for European banking

Leaders meet on crunch weekend for European banking

08 Oct 2011 15:17 - Herve Asquin
IMF Managing Director Christine Lagarde has held talks in Paris with President Nicolas Sarkozy on a crunch weekend for the European debt crisis.
Where German frugality meets Greek profligacy

Where German frugality meets Greek profligacy

30 Sep 2011 00:00 - Kevin Davie
You know as a country these days that you are in some kind of financial crisis when Michael Lewis shows up.

Merkel dodges bullet with euro vote victory

29 Sep 2011 13:35 - Staff Reporter
Angela Merkel has won her toughest challenge yet as German chancellor by pushing through changes to a rescue fund for the eurozone debt crisis.

China, US raise alarm over euro debt crisis

14 Sep 2011 07:29 - Staff Reporter
China and the US have urged Europe's leaders to prevent the eurozone debt mess from spreading -- which is now also threatening Italy.
Germany's ConCourt to rule on Europe's rescue fund

Germany's ConCourt to rule on Europe's rescue fund

07 Sep 2011 07:34 - Staff Reporter
Germany's top court will decide on the legality of Europe's rescue fund in a landmark ruling with major implications for future aid.
Merkel's popularity takes a knock with euro backlash

Merkel's popularity takes a knock with euro backlash

28 Aug 2011 17:21 - Staff Reporter
Angela Merkel faces the biggest challenge to her leadership with traditionally loyal allies openly criticising her approach to the euro zone crisis.

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