The Associated Press November 23, 2007 BERLIN: The euro hit a new high against the U.S. dollar in thin trading Friday as speculation continued that the American credit crisis will lead to another rate cut from Washington. The dollar has been falling against the euro, the pound and other currencies since August amid fears for […]
By James Kantor International Herald Tribune November 22, 2007 Adding to the uncertainty over European policies toward genetically modified foods, the World Trade Organization said Thursday that the European Union would be given more time to end blockages on imports of engineered foods like corn. The agreement came after EU officials held a series of […]
By Wayne Arnold International Herald Tribune November 21, 2007 KUALA LUMPUR, Malaysia: Rising oil wealth is lifting Islamic banking – banking that adheres to the laws of the Koran and its prohibition against charging interest – into the financial mainstream. Big banks like Citigroup, HSBC and Deutsche Bank, as well as financial capitals like London, […]
By Guy Faulconbridge Reuters November 20, 2007 MOSCOW – President Vladimir Putin on Tuesday warned that Moscow would not remain indifferent to NATO’s “muscle-flexing” and said Russia’s nuclear forces would be ready for an adequate response to any aggressor. “We see that military resources of certain states and members of the NATO alliance are being […]
By James Kanter International Herald Tribune November 20, 2007 The volume of greenhouse gases emitted by industrialized nations rose to near-record levels in 2005, the United Nations said Tuesday, two weeks before political leaders meet in Bali, Indonesia, to agree on a road map for negotiations on a new global treaty to fight climate change. […]