Nato warning for Russia over ‘political’ gas crisis
Times OnlineJanuary 8, 2009 Frantic efforts to restore gas supplies to millions of European comsumers failed today after Russia flatly refused to turn the pipeline back on. more
Month: January 2009
European pessimism grows as U.S. retail disappoints
ReutersJanuary 8, 2009 Economic weakness in Europe worsened and disappointing sales from Wal-Mart, the world’s largest retailer, knocked financial markets lower on Thursday, strengthening the case for government stimulus and new rate cuts. more
Russia ‘to restore gas to Europe’
BBCJanuary 8, 2009 The Russian gas giant, Gazprom, says it will resume pumping gas to Europe once independent monitors are in place to check the flow to EU markets. more
German jobless rate rises for first time in 3 years
International Herald TribuneJanuary 7, 2009 German unemployment rose for the first time in almost three years in December as the labor market caught up with an economy that shrank during most of 2008, data showed Wednesday. more
Rice heads to UN for Gaza talks
International Herald TribuneJanuary 7, 2009 Secretary of State Condoleezza Rice headed to New York on Tuesday afternoon for meetings with Arab and European diplomats, amid tentative signs of hope for a proposed cease-fire in Gaza. more