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Norway is predicted to have “the world’s smallest economic downturn” next year amid a global recession, reported Statistics Norway.
Prime Minister Kevin Rudd has also highlighted a similar outcome for Australia. Grace Tobin spoke to Norwegian Ambassador Lars A. Wensell about the two economies.
European leaders ended their Brussels conference on Friday (20.6.08) unsuccessful in settling political problems over their governing Treaty, but declaring confidence in being able to find a way in the coming year.
The 27 heads of government and heads of state have also taken up a package of short term measures, to ease crisis brought on in parts of the European Union, by steeply rising prices for foodstuffs and oil. … Read More »
European Union heads of government meeting in Brussels have been told world food prices have passed their peak, but will continue high, demanding new levels of international cooperation.
High prices, shortages and a sharp run-down of global stocks of food have pushed themselves onto the agenda of this gathering of twenty-seven government leaders. … Read More »
The Australian Prime Minister, Kevin Rudd, has proposed a new “partnership with Europe”, and a two-third cuts in farm protection — in a speech at Brussels. … Read More »
COMMENTARY: Events in March saw new foreign policy initiatives as Prime Minister Rudd set out for America, China and the EU; a colourful cross-Channel trip by the family Sarkozy; more heat on the stock markets; heat on the dairy industry in Italy, and on a Dutchman who affronts Islamic fundamentalists. … Read More »
The Australian dollar will only buy you 0.58 Euro cents today (2.4.08)… and it seems amid the US sub prime mortgage crash and stressed world economy, the Euro is going from strength to strength. … Read More »
Leaders of the European Union have said Chinese action against Tibetan protestors is creating “difficulty” over the Beijing Olympics, though they have said no to a boycott.
The EU Heads of Government had other weighty matters on their minds this month (13-14.3.08), especially the priority issue of climate change, when they met at Brussels. … Read More »