In Wednesday's Europe papers

14 October 2009 05:30  [Source: ICIS news]


Front page

Saudis seek payments for any drop in oil revenues
Saudi officials reiterated a call for oil-producing countries to be compensated if rich nations reduce their consumption, in advance of negotiations in December.

Biden no longer lone voice on Afghanistan
In a shift from his days as a liberal hawk, Vice President Joseph R Biden Jr is President Obama’s in-house pessimist on Afghanistan.


India finds itself awash in foreign investment

A second-quarter surge in which $7bn more foreign direct investment flowed into India than left it raises confidence and some worries.

In recession, China solidifies its lead in global trade
Aided by demand for low-cost goods in the recession and a government that staunchly supports exports, China’s grip on world trade has strengthened.


Front page

Gas tops Putin’s deals in Beijing
Other deals signed on Tuesday centered largely on Chinese investment in Russian mining and construction projects and for cooperation in building high-speed railways.

Clinton fails to advance US case on Iran
But President Dmitry Medvedev assured Clinton that relations had improved greatly this year, warm words for a secretary of state who was left red-faced when she produced a misspelled reset button as a souvenir at her first round of diplomatic talks with Russia last spring.


Gref in the dark on Opel signing this week
The Sberbank chief, unaware of reports that the deal for his bank to purchase GM’s Opel could be finalised this week, also said an industrial partner for Opel has not been chosen.

VEB gets $500m for property project
The site, once owned by Globex Bank, came into VEB’s possession after the state development bank acquired Globex, which had acute liquidity problems, in October 2008 for a symbolic 5,000 roubles ($170).


Front page

The difficult identities of post-war black children of GIs

For many of the now-adult children of white German women and African-American GIs, adopted by families in the United States after World War II, the search for the truth has been difficult. Online communities are helping.

Controversy as Frankfurt Book Fair fetes Beijing
China, which bans hundreds of books every year, was a controversial choice as the guest of honour at this year’s Frankfurt Book Fair.


Front page

Ottoman Armenians in one of the most important provinces of the empire: Bursa
Bursa was one of the most important provinces of the Ottoman Empire and where the Patriarch of the Armenians resided.

Bursa not holding its breath for the big game
The Turkey-Armenia game will probably be a historical one in terms of football diplomacy, but the man on the street does not care about politics.

Business and finance

Armenian reconciliation to boost border trade with Turkey

The historic protocols signed on Saturday by the Turkish and Armenian foreign ministers is expected to have a deep impact on commercial life in the region.

EU report to urge fairness in Doğan tax case
The EU will urge Turkey to be fair in the Doğan Media Group $3.3bn tax fine case in its report on the country’s progress toward full membership.


Front page

Polish artist chosen for Tate Modern "Black Hole"

Polish artist Mirosław Bałka has been chosen to create a giant ‘black hole’ for the 10th annual installment of the Unilever Series at the Tate Modern museum in London.

Chinese metro tender appeal overturned

Warsaw City Hall is now able to sign the contract with the winner of an earlier tender to build a second metro line beneath the Polish capital, traversing the city from East to West.

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