Job summit ends with €429 spending commitment in France

A four-hour crisis jobs summit chaired by President Nicolas Sarkozy on Wednesday ended with a series of measures as well as plenty of criticism. The summit, held as France’s unemployment remains stubbornly at twelve-year highs, brought together union leaders, business representatives and ministers. “The gravity of the crisis obliges us to make decisions,” Sarkozy told them, according to a text provided by his office. A... [more]

First Deputy PM Justifies Public Protests in Russia

The recent and upcoming anti-government protests are a sign of Russia’s irreversible political transformation and “will not be stifled,” First Deputy Prime Minister Igor Shuvalov said Wednesday.   “When per capita GDP is approaching $15,000, a country crosses a certain line, it begins to perceive itself differently, and the political system becomes more flexible,” Shuvalov told journalists at the Gaidar forum in Moscow.   “We’re... [more]

Russian Attitudes Toward Business Must Change – Putin

Changing the negative perception of business among Russians remains a priority task, Russian Prime Minister Vladimir Putin said on Wednesday.   “Our difficulties stem, firstly, from the socialist state of mind and, secondly, from the 1990s, when it all, regretfully, worsened and was discredited, to a significant extent, because of unfair privatization,” the Russian premier said.   He decried that fact those close to the authorities... [more]

Speaking clock costs police £35,000

Britain’s biggest police force spent more than £35,000 on 110,000 calls to the speaking clock over the last two years, figures have shown. The Metropolitan Police, which like all forces is facing cuts to its budget, also spent more than £200,000 calling directory inquiries, figures released under the Freedom of Information Act showed. The force was committed to reducing costs, but there were “evidential and operational reasons”... [more]

Occupy London protesters to be evicted from St Paul’s Cathedral, High Court rules

Occupy London protesters can be removed from their camp at St Paul’s Cathedral, the High Court has ruled. The decision means that the City of London can lawfully evict the site within 7 days, provided the case is not taken further in the Court of Appeals. John Cooper QC, representing Occupy London, has confirmed that the group will submit an application to appeal on Thursday. The protest against corporate greed, which begun on... [more]

Russia halts Dutch sheep and goat imports

Russia has imposed a ban on all imports of live Dutch sheep and goats, as well as their meat, embryos and sperm. The move was prompted by the discovery of the Schmallenberg virus among Dutch livestock. Deputy Agriculture Minister Henk Bleker says the measure is unnecessary and intends to persuade his Russian colleague to revoke the ban when he meets him in Berlin later this week. Mr Bleker says there is no danger to public health. Share... [more]

Dominique Strauss-Kahn wife: ‘I’m neither a saint nor a victim’

Anne Sinclair, the wife of former IMF chief Dominique Strauss-Kahn, has been speaking about the ordeal the couple faced when he was arrested on sexual assault charges as well as her new journalistic venture. In an interview with Elle magazine, which will appear on Thursday, Sinclair confirmed that she will be the editorial director of the Huffington Post when it launches its French version later in January. Sinclair is well-known in France... [more]

Sweden launches new Wallenberg investigation

The Swedish foreign ministry announced on Wednesday that a new probe into the fate of Swedish diplomat Raoul Wallenberg, who vanished after being taken into custody by Soviet Union soldiers 67 years ago. “We have never received confirmation of what happened to Wallenberg, and feel that now after a lot of time has passed there may be a possibility to dig up new information,” Swedish Foreign Minister Carl Bildt’s spokeswoman... [more]

Greece ‘very close’ to deal with private creditors

The Greek government will meet Wednesday with the head of a group of private bank creditors to resume talks on cutting nearly a third of the country’s massive debt, a finance ministry source said. The talks with Charles Dallara, head of the Institute of International Finance, are aimed at writing off about 100 billion euros ($128 billion) in Greek sovereign debt held by private sector financial institutions. Last Friday, the talks... [more]

Greece May Force Creditors to Take Losses

Greece will consider legislation forcing private creditors to take losses on their holdings, if it fails to reach agreement in critical negotiations scheduled to resume on Wednesday, Greek Prime Minister Lucas Papademos said. In an interview with The New York Times published on Wednesday, Papademos said that if Greece did not receive 100 percent participation in a program in which bondholders would voluntarily write down $130 billion of... [more]

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