President Obama’s nuclear headache
Politico May 18, 2010 The Obama administration isn’t publicly celebrating a nuclear fuel swap deal announced Monday in Tehran by the leaders of Iran, Turkey and Brazil. more
Month: May 2010
U.S.: Agreement on draft resolution for new Iran sanctions
The Washington Post May 18, 2010 The United States has reached agreement with Russia and China on a draft resolution to impose new United Nations sanctions on Iran over its uranium-enrichment program, Secretary of State Hillary Rodham Clinton announced Tuesday. more
Euro hits four-year low on fears debt crisis will spread
The Guardian May 17, 2010 The euro continued its slide today and hit a four-year low against the dollar, sparking talk of parity and concern that the single currency is losing its appeal as a reserve currency. more
Ratings agencies face tougher EU rules
EuropeanVoice.com May 17, 2010 Michel Barnier, the European commissioner for the internal market, said today that he will propose tougher regulation of credit ratings agencies (CRAs) in response to their role in the eurozone’s debt crisis. more
Specter of Inflation Haunts Europe
Spiegel May 17, 2010 If Europe’s single currency is really to be saved, fundamental reforms have to follow the emergency bailout by euro-zone members. The biggest danger comes, however, from the European Central Bank, which has given up its role as the protector of price stability. The risk of inflation is increasing. By SPIEGEL staff. […]