You are currently browsing the archives for Business and Investment.
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 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 »
The Australian Trade Minister, Simon Crean, has foreshadowed moves to take advantage of a possible break in the stalled Doha Round trade negotiations – and a return to emphasising joint efforts with allies in the Cairns Group. … Read More »
An event unlikely to help confidence in the financial business at a difficult time, fraud by a trader inside France’s second main bank, La Societe Generale, has cost it EU4.9-billion( $US7-billion, A$8-billion; dcerates.com, 24.1.08). … Read More »
Update: Stock exchanges saw adjustments on Wednesday 23.1.08, prices in the United States, Australia and Asia beginning a recovery from the steep drops of the start of the week – encouraged by a quick interest rate cut in the United States. European markets held back.
… Read More »
Sharp falls in share prices on European markets on Monday continued across the globe. … Read More »