FT - World
The Financial Times brings you the latest economic and political news from around the world
Updated: 14 min 14 sec ago
Dutch parties resume coalition talks
Three rightwing Dutch parties decide to return to abandoned talks to form a government after Geert Wilders, the anti-Islamic politician, said the departure of a Christian Democrat member of parliament had removed the main obstacle
Categories: World
Gillard clinches power in Australia
Julia Gillard’s Labor government has won the Australian election after securing the support of ‘kingmaker’ independent parliamentarians more than two weeks after the tightest national election in decades
Categories: World
Fall in German orders points to slower growth
German industrial orders have tumbled unexpectedly sharply in the latest sign that the country’s exceptional growth spurt is losing momentum
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Barroso calls on Europe to accelerate reform
In his first ‘state of the union’ address to the European parliament, Commission president José Manuel Barroso, appealed for action to consolidate an uneven economic recovery
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French unions test Sarkozy in pensions strike
France’s trade unions are holding one of the biggest nationwide demonstrations in several years in protest against President Nicolas Sarkozy’s plan to raise the retirement age from 60 to 62
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China vows to treat foreign business fairly
Xi Jinping, the vice-president, says Beijing has already revised draft regulations that would have required government entities to prioritise ‘indigenous innovation’ in public procurement
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Putin hints at return as president
Russia’s prime minister heightens speculation by refusing to rule out resuming role as head of state and citing the example of US president Franklin D. Roosevelt
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Iran increases nuclear stockpile
Experts say country has produced 2,803kg of uranium enriched to the purity needed to run a nuclear power station and with further enrichment could be used to build three bombs
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Obama unveils infrastructure plan
President Barack Obama will unveil a $50bn infrastructure plan to build roads, railways and airport runways, in an effort to show his administration is tackling the US’s chronic unemployment ahead of the November mid-term elections
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Kabul steps in to stop run on biggest bank
Abdul Qadir Fitrat, Afghanistan’s central bank governor, said that the central bank and the finance ministry had agreed to support Kabul Bank
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Obama finds patience thinning
Declaring an end to US combat operations in Iraq last week, Barack Obama told his country he would from now on devote his attention to the ailing economy, saying that restoring growth and jobs was his “central responsibility as president
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EU workers aid fund failing to pay out
Plagued by poor design and sclerotic bureaucracy, flagship European fund to help workers dismissed as a result of the recession has all but ground to a halt
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UCLA business school to end public funding
A leading business school in the University of California system is preparing to forgo public funding amid increasing uncertainty about the state’s economic health and California’s ability to pay for higher education
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Ballots and bullets in Nigeria’s oil state
As the country prepares to vote, a life-and-death struggle to control the patronage networks from which many Nigerian politicians draw their power gathers pace
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Union leaders suspend strike in S Africa
Crippling public sector strike comes to an end 19 days after it threw schools and hospitals into crisis, but negotiations are expected to last several weeks before a final resolution is found
Categories: World
