Libya Unrest Shocks Markets
Libya tensions sent fresh shockwaves across financial markets on Thursday, as equities fell, oil soared close to $120 and the dollar plunged to a record low against the safe-haven Swiss franc.
Europe’s main stock markets extended recent losses, with sentiment plagued by Libya where leader Moamer Kadhafi is clinging onto power but his opponents appear to be in control of swathes of the nation.
Categories: News Tags: Africa, Business/Finance, Chadian-Libyan conflict, Libya, Middle East, Muammar al-Gaddafi, oil, Pan-Africanism, Petroleum industry, Political science, Politics, Price of petroleum
Bill Gates To Help Africa
As G20 finance minsters meet in Paris, Bill Gates has been charged with finding ways to raise funds for the poorest countries by French president Nicolas Sarkozy.
French president Nicolas Sarkozy has commissioned the Microsoft founder and billionaire philanthropist Bill Gates to examine new ways of raising cash for the world’s poorest countries, as G20 finance ministers gather in Paris.
Gay marriage ban upheld
The French constitutional court on Friday upheld the country’s gay marriage ban, saying it was in keeping with the constitution.
More efficient housing energy
As a result of the round table on the environment, many relating to energy, in the heart of public policy, devices are now available to individuals.
Categories: Property Tags: Business/Finance, efficient, energy, Energy conservation, Environment, housing
Insider dealing in France: Airbus
The A380 ran into technical problems in 2006 that drastically affected EADS’s share price.
Airbus’s chief operating officer, John Leahy, and its former human resources director Erik Pillet have been charged with insider trading by an investigating judge in Paris.
Leahy and Pillet have been under investigation for some weeks after being called in for questioning. Leahy was cleared last year, with other executives, in a separate inquiry into similar charges by France’s stock market regulator.
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