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| The Future We Want |
 TWENTY years ago, there was the
Earth Summit. Gathering in Rio
de Janeiro, world leaders agreed
on an ambitious blueprint for a
more secure future. They sought
to balance the imperatives of robust
economic growth and the needs of a
growing population against the ecological
necessity to ... |
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| POWER WITH
PURPOSE |
 POLITICAL power is
always a double-edged
sword. The more of it you
amass, the more people
expect you to use it to do
big things, and, when you don't,
the more ineffectual you look.
That's the dilemma in which
Prime Minister Bibi Netanyahu of
Israel finds himself. He avoided
early ... |
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 | Qatar Exchange trade
value down 12.5% THE Qatar Exchange (QE)
showed a mixed performance
during the five trading sessions
of the week that started on May
20. The official QE index
increased by 0.09 percent over
previous week´s closing and finished
the week at 8,462.91
points...
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| | Citadel lost $35 million on Facebook trading |  CITADEL, the investment firm
run by Ken Griffin, said it lost
money on Facebook (FB) trades
in its broker-dealer unit.
The loss at Citadel Securities
may be as much as $35 million,
according to a person with
knowledge of the firm, who asked
not to be named because the
information is private.
"Citadel Securities was
impacted by issues with Nasdaq
and the Facebook initial public
offering," Katie Spring, a spokeswoman
for the Chicago-based
firm, said on Saturday in an email.
Facebook´s share sale last
week, the biggest technology initial
public offering in history,
was blighted by delays and mishandled
orders. Nasdaq OMX
Group´s systems were ... | | | Carbon law may rob EU of
growth avenues: Airlines |  RISING tensions with India
and China over the European
Union´s ´arrogant´ law on carbon
emissions could rob the
region of the markets that can
rescue it from economic
malaise, airline leaders said
on Thursday.
They also said they had prepared
contingency plans for a
possible exit of Greece from
the euro, as part of the industry´s
extensive crisis management,
and they were worried
about a domino effect of more
countries´ being forced out of
the currency bloc, with implications
for all businesses.
"Europe is going to have to
go outside of Europe to deliver
the sort of growth that
everyone wants, and that
means doing business with
the likes of China, Russia... | | | Yuan value, tax rates in US,
Japan key to recovery: EU |  THE United States and Japan
need to tackle their tax issues
and China must relax restrictions
on the yuan as they
share responsibility with
Europe for restoring global
economic health, EU leaders
said ahead of a June summit
of the G20 economies.
In a letter addressed to all
27 European Union nations,
European Commission
President Jose Manuel
Barroso and European
Council President Herman
Van Rompuy said Europe was
doing all it could.
"Europe has stepped up
and assumed its special
responsibility for securing the
financial stability of the euro
area and we will continue to
do so," said the letter in the
run up to the G20 summit in
Los Cabos, Mexico. | |
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