EUROPEAN UNION

Data lifts Wall Street, Internet shares weigh

Traders work on the floor of the New York Stock Exchange
The Dow and S&P 500 rose on Thursday on stronger-than-expected economic data and German lawmakers' approval to strengthen the euro zone's crisis fund, while big-cap Internet shares dragged on the Nasdaq.
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Trade Minister Anand Sharma in New Delhi December 14, 2009. Sharma said on Tuesday a dispute over restrictions on the import of Chinese telecoms equipment will not hurt commercial ties between the world's two fastest-growing economies.

India Says Agrees to Boost Trade With Pakistan

India and Pakistan agreed on Wednesday to further liberalise trade flows with tentative moves such as opening a second customs post and issuing more visas, seen as bolstering a fragile peace process between the two nuclear-armed rivals.
German Chancellor Merkel speaks during a ceremony of BVG in Karlsruhe

Merkel Faces Biggest Test Yet in Bundestag Euro Vote

German Chancellor Angela Merkel faces a battle for her political survival on Thursday when some of her coalition, worried about throwing good money after bad by bailing out Greece, could humiliate her in a parliament vote on euro-zone rescue schemes.
An employee of the Finance Ministry scuffles with riot police at the ministry's entrance in Athens during a protest against the government's austerity measures

Greece Faces Auditor Verdict, Fresh Aid at Stake

International auditors return to Athens on Thursday to deliver a verdict on whether Greece's tougher austerity measures qualify for aid to avert a default that would plunge the country into bankruptcy.
Syrians living in Jordan shout slogans against Syrian President Bashar al-Assad after morning prayers on the first day of Eid Al-Fitr outside the Syrian embassy in Amman

Syria News Update: Assassinations and Sanctions

In Syria, anti-government protesters continue undeterred as President Bashar al-Assad intensifies his forceful crackdown against demonstrations. Over the last five days, at least 76 people have been killed in the northern cities of Homs and Hama and in the southern Daraa region, according to activist reports.
Gold bullion bars

Gold Rises Ahead of New Greek Talks, U.S. Data

Gold rose on Wednesday, gaining from investor unease over the lack of a solution to the European debt crisis that dented other more industrial raw materials, such as crude oil and copper, ahead of further possibly weak U.S. data.
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EU's Barroso State of the Union speech

Following are highlights from European Commission President Jose Manuel Barroso's State of the Union speech in the European Parliament in Strasbourg on Wednesday.
European Commission President Jose Manuel Barroso

EU's Barroso Says Europe Faces Biggest Test Ever

The European Union faces the biggest challenge in its history, as a crisis of confidence compounds economic and social problems, European Commission President Jose Manuel Barroso said on Wednesday.
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Greece Faces Scrutiny; Merkel Says Bailout may Change

Greece faced a new test in its attempt to avoid bankruptcy on Wednesday as international auditors headed for Athens, while Germany suggested a new bailout may be renegotiated as argument rages over whether private creditors should take bigger losses.
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Consumer morale stagnates, home prices steady

Americans worried about their incomes as they struggled to find work in September, holding consumer confidence near 2-1/2 year lows and pointing to weak spending in the months ahead.
A man walks in front of a board showing stock market prices inside a brokerage in Taipei

Asian Stocks Gain on Hopes for Euro Zone Plan

Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.
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Asia stocks gain on hopes for euro zone plan

Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.

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