Category Archives: Europe

Obama’s Nuclear Plans suffer setbacks

US Preseident, Barack Obama’s hopes of reshaping US foreign policy stand on the brink of failure tonight, after two of his most cherished initiatives, nuclear disarmament and better relations with Moscow, suffered major setbacks. According to a leaked NATO document … Continue reading

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UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

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The Irish want to pay more tax?

As the Irish economy follows the USA into a double dip recession, it appears from a new poll released today that the Irish population will choose higher taxes over control of public spending when the next national election takes place … Continue reading

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France Telecom to buy 40% of Moroccan telco

France Telecom SA announced an agreement to buy 40% of Morocco’s No. 2 telecommunications operator, Meditelecom, as the French telecom giant seeks to boost revenue growth outside of Europe. Read more on the Wall Street Journal: http://online.wsj.com/article/SB10001424052748704129204575505733072743138.html

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German retailer Aldi to pull out of Greece

German discount giant Aldi is to exit the Greek market, with the retailer saying that it is now in talks with several parties to take over its 38 Greek stores. Reports from Greece suggest that the company is said to … Continue reading

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