Haveeru Online - DRP submits bill over determining inhabited islands

Germany's divisive multi-billion rail masterplan
| DATE: 2010-08-23

STUTTGART, Germany, Aug 23, 2010 (AFP) - With work barely begun, public ire over one of Europe's biggest construction projects has exposed some hard truths about Germany, the continent's top economy.
Protestors have come out in force against a seven-billion-euro (nine-billion-dollar) grand plan..[Full Story]

Japanese shares slip on high yen, unclear policy moves
| DATE: 2010-08-23

TOKYO, Aug 23, 2010 (AFP) - Japanese shares eased Monday as a rising yen continued to worry investors amid uncertainty over whether Tokyo will adopt further stimulus measures to prop up a sagging economy.
The Nikkei index at the Tokyo Stock Exchange lost 38.37 points, or 0.42 percent, to 9,141.01...[Full Story]

France resolute on cutting deficit, Lagarde tells FT
| DATE: 2010-08-23

LONDON, Aug 23, 2010 (AFP) - French Finance Minister Christine Lagarde said her country would do "whatever it takes" to cut its budget deficit in an interview with the Financial Times (FT) published Monday.
Her comments came after the government pledged to narrow the public deficit, covering..[Full Story]

Thai economy posts 9.1 percent second-quarter growth: govt
| DATE: 2010-08-23

BANGKOK, Aug 23, 2010 (AFP) - The Thai economy grew 9.1 percent year-on-year in the second quarter of 2010 as strong exports cushioned the blow from violent street protests that hit the key tourism sector, data showed Monday.
The strong performance was seen as raising the odds of Thailand's..[Full Story]

France slashes 2011 growth forecast
| DATE: 2010-08-21

FORT DE BREGANCON, France, Aug 20, 2010 (AFP) - France on Tuesday cut its growth forecast for next year to two percent from 2.5 percent after President Nicolas Sarkozy met with senior economic officials at his Riviera retreat.
A government statement said it expects France's gross domestic product..[Full Story]

Sweden hikes growth forecast for 2010 and 2011
| DATE: 2010-08-21

STOCKHOLM, Aug 20, 2010 (AFP) - The Swedish government said Friday the country's economy had shown "unexpectedly strong development," prompting it to dramatically hike its growth forecast to 4.5 percent this year and 4.0 percent in 2011.
In its previous estimate at the end of June, the..[Full Story]

Oil prices fall for third straight session
| DATE: 2010-08-21

NEW YORK, Aug 20, 2010 (AFP) - World oil prices fell Friday for the third straight session amid worries that weakening growth in the United States could curtail energy demand.
New York's main contract, light sweet crude for September, shed 97 cents to 73.46 dollars per barrel.
London's Brent..[Full Story]

Dollar advances against key currencies
| DATE: 2010-08-21

NEW YORK, Aug 20, 2010 (AFP) - The dollar gained some ground against the euro and the yen on Friday as fears over the pace of recovery of the global economy weighed down on markets.
The European single currency fell back to 1.2714 dollars in New York at 2100 GMT from 1.2821 dollars late..[Full Story]

Wall Street gloom set to stretch
| DATE: 2010-08-21

NEW YORK, Aug 20, 2010 (AFP) - Wall Street stocks ended mostly lower the past week despite positive company earnings and corporate activity as pessimism over the US economic recovery prevailed.
Sentiment could be further dampened the coming week with the government expected to significantly revise..[Full Story]

GM files for landmark public share offering
| DATE: 2010-08-19

NEW YORK, Aug 18, 2010 (AFP) - US auto giant General Motors on Wednesday took the first step to selling shares to the public, seeking to free itself from government control after pulling back from the abyss of bankruptcy.
Filing for what may be one of world's largest initial public offerings..[Full Story]

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2010-08-21