In Tuesday's Europe papers

24 November 2009 05:30 [Source: ICIS news]

Front page

Divisions emerge on stimulus strategy
Stark divisions are emerging among economic policymakers about how quickly governments and central banks should withdraw emergency support measures, with Dominique Strauss-Kahn, the managing director of the International Monetary Fund, warning on Monday about the risks of early exit.

Brown and Cameron clash on deficit
Gordon Brown and David Cameron clashed over plans to tackle Britain’s budget deficit on Monday, as the party leaders sought political advantage on an issue that is set to dominate next year’s election.

Companies and markets

Lloyds prices rights issue at big discount
Lloyds Banking Group will on Tuesday launch the UK’s largest rights issue to raise £13.5bn ($22bn), offering investors new shares at 36p each, a huge discount, ahead of a shareholder vote on Thursday.

Gold hits fresh high as dollar resumes its slide
Gold powered to another high on Monday and stock markets challenged their best levels of the year after a sharp move lower in the dollar prompted traders to pile wholesale into riskier assets.

INTERNATIONAL HERALD TRIBUNE

Front page

Iran expanding effort to stifle the opposition
The government appears to be launching an ambitious effort to discredit its opponents and re-educate the country’s young and restive population.

Iraq’s January elections face near certain delay
Iraq’s effort to hold parliamentary elections has collapsed, raising the prospect of a political crisis ahead of the planned US troop withdrawal.

Marketplace

Chinese drywall linked to corrosion
Federal investigators reported a “strong association” between chemicals in Chinese drywall and complaints by homeowners of metal and electrical corrosion.

Regulators push safety standards for ATV’s
An influx of faulty Chinese-made all-terrain vehicles is challenging the Consumer Product Safety Commission.

THE MOSCOW TIMES

Front page

Rights council vents over Magnitsky
The advisory group, created under then-President Vladimir Putin, has enjoyed a more prominent role in Medvedev’s Kremlin, but it is less critical of the government than independent rights groups.

Putin promises apartments to servicemen
The vow to provide more apartments by 2012 comes as Medvedev pumps up the rhetoric on housing World War II veterans.

Business

Customs union may unleash flood of cars
From January to June, Belarussian citizens may import hundreds of thousands of cars to resell in Russia after the borders are opened, Alexei Tereshchenko, strategy director at the Russian and Belarussian dealership Atlant-M, said on Friday.

State lists 14 stakes for privatisation
The Cabinet will review the list on Tuesday. The sales are expected to net the state 77bn roubles next year to plug a budget deficit.

DER SPIEGEL

Front page

9/11 trial puts German-US relations under strain
The prosecutors in the forthcoming 9/11 trials in New York will be seeking the death penalty if the five defendants are found guilty.

Obama's nice guy act gets him nowhere on the world stage
When he entered office, US President Barack Obama promised to inject US foreign policy with a new tone of respect and diplomacy.

HURRIYET DAILY NEWS

Front page

Public workers' unions to strike nationwide on Wednesday
Public employees across the country are set to strike on 25 November to protest the government for failing to meet their demands on collective bargaining and strike rights.

Government does not foresee swift warming in ties despite Ben-Eliezer’s visit
The Turkish government does not consider the visit of Israeli Minister Benjamin Ben-Eliezer as an opportunity to restore the damaged ties between Turkey and Israel.

Business and finance

Finnish capital to host chemicals forum in May
As Turkey braces for potential problems in the export of some chemical substances to the EU, a Helsinki forum will focus on chemicals issues in May.

Turkey may see ‘blue chip’ IPOs next year
Four or five 'blue-chip' Turkish companies plan initial public offerings in the first half of 2010 as the economy recovers from the global credit squeeze, said the local head of Credit Suisse Group.

WARSAW BUSINESS JOURNAL

Front page

Businessmen begin to win support of the public in Poland
According to Rzeczpospolita, there is a clear positive change in the perception of business by the public and entrepreneurs are beginning to be perceived as beneficial for society.

Politics may cure Orlen's biggest financial headache
Lithuania might be willing to give operational control over its Klaipeda sea terminal to PKN Orlen with negotiations on this issue likely to begin before the end of the year.

By: Staff Reporter
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