Archive for March 21st, 2012
Geithner ensures that the private debt caused the Spanish crisis
The U.S. Treasury Secretary Timothy Geithner said Wednesday that the causes of the crisis in Spain were not motivated by fiscal profligacy, but by the loss of competitiveness and the high level of private sector borrowing. In testimony before the House of Representatives, Geithner said that in the cases of Ireland and Spain, the crisis [...]
Companies ask to the EC to act on alleged abuse of dominant position of Google
FairSearch platform, which brings together 17 companies from around the world for equality of conditions in the market for Web search, including Microsoft today urged the European Commission (EC) to take action against Google to consider abusing its dominant position in Europe. FairSearch told a press conference in Brussels that Google positioned its products in [...]
Wall Street opens with a moderate increase of 0.13 percent in the Dow Jones
Wall Street opened today with a moderate upward trend and a half hour after the start of the session the Dow Jones Manufacturers, the main indicator, rose by 0.13%, driven by better than expected results technology of Oracle. This index, which brings together thirty of the largest U.S. publicly traded companies, added 17.18 points at [...]
ALTA expressed the Latin-American frustration by the European rate of CO2
The commercial aviation industry in Latin America is “frustrated” by the European decision to impose a C02 emission rate to aircraft using their airspace, the rate of the Regime of Emission Trading (ETS). “In Latin America there are a lot of frustration, no doubt,” he told Efe the executive director of the Latin American and [...]
Spain calls on North Korea to renounce to launch your satellite
The Government of Spain has called on the authorities of North Korea to suspend its plan to orbit a satellite observation through a long-range rocket. The Government, through a statement from the Ministry of Foreign Affairs and Cooperation, is concerned about this issue and calls on Pyongyang to “give up the planned launch and help [...]
Portugal pays 25 percent less than a month ago to place its debt to one year
Portugal managed to place today 1,610 million euros in debt to a year in exchange for an interest rate of 3.65 percent, 1.3 percentage points from just last month, which amounts to a proportional reduction of 25 percent. According to data provided by the Treasury Luso, also sold another 382 million euros in letters to [...]
Thousands of Indonesians protest against rising fuel prices
Tens of thousands of Indonesians rallied in Jakarta against the increase of one third the price of fuel that the Government intends to implement from next April 1. With a security cordon around 14,000 officers ensured the safety, the event ran one of the main streets of Jakarta to arrive at the residence of President [...]
Piñera visit Vietnam to integrate Chile in the Asia-Pacific
The president of Chile, Sebastián Piñera, arrived in Vietnam, first stop on an official tour, which as noted in Hanoi, pursues the integration of his country in the Asia-Pacific, higher economic growth. “We want to strengthen ties with the community of Asia-Pacific, which will mean more opportunities for Chile, better jobs and more progress,” Piñera [...]
Day of shopping in the stock exchanges in Southeast Asia
The Southeast Asian stock markets closed today with gains at the close of a session characterized by investors’ buying mood, except for the Philippines. In Singapore, the Stock Exchange of the city-state rose 2.90 whole, equivalent to 0.10 percent, and the Straits Times Index stood at 3005.63 points. In Thailand, the Bangkok Stock Exchange gained [...]
A U.S. fighter crashes in South Korea without victims
A fighter aircraft of the United States Army crashed in a rice field in western South Korea during a routine training, but there had been victims, the agency Yonhap. The pilot of the aircraft unharmed to achieve eject his seat shortly before the collision in South Chungcheong province, about 235 kilometers south of Seoul, for [...]
