EUROPEAN UNION

Gold bars

Economic Boom Good For Gold Owners

Another possible scenario, if the situation in Europe continues to improve and we are able to avoid any black swans, involves a robust economic growth period.
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Special Report: Chinese firm helps Iran spy on citizens

A Chinese telecommunications equipment company has sold Iran's largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and internet communications, interviews and contract documents show.
A man works on a roof covered with solar panels at the Centre for Alternative Technology in Wales

US Holds Fire In 1st Salvo On Chinese Solar Companies

U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.
Gold bars

Will Bull Market for Gold Continue?

Gold is expected to reach a new record high of $2,200 per ounce as fears of Economic and Monetary Union of the European Union break-up surge again and with U.S. monetary policy anticipated to remain supportive, according to Capital Economics.
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Europe Economic Crisis: Has ECB Provided the Solution?

The latest liquidity operations by European Central Bank (ECB) appear to have averted, at least for the time being, a threatening catastrophe in the euro-zone banking sector. But it would be wrong to think that they have solved the region’s deeper fiscal and economic problems, or secured the future of the single currency itself according to Capital Economics.
The NYSE Euronext – Deutsche Börse AG Deal

Deutsche Borse To Appeal EU Veto Of NYSE Euronext

Deutsche Börse AG, the operator of the Frankfurt stock exchange, announced Tuesday that it will appeal the decision by European antitrust regulators to block its planned merger with NYSE Euronext, the New York Times said.
Amnesty International calls on Asma al-Assad, wife of embattled Syrian president, to use influence to defend rights of all peaceful activists

Asma Al-Assad: Syrian First Lady Faces EU Sanctions, Writes 'I Am The REAL Dictator'

Asma al-Assad, the 38-year-old wife of Syrian regime leader Bashir al-Assad and a former investment banker, will likely join 114 other Syrians on a list of sanctioned individuals by the European Union, freezing her assets to preventing shopping, travel and other commerce in foreign countries; meanwhile, reports emerge of Assad's emails to friends where she boasts of the power of the Syrian regime, and that she is the real dictator.
The euro zone saw a trade surplus after four months of gains.

EU Considers New Controls For Shadow Banking Sector

The European Commission is widening its regulatory sweep to include "shadow" banking, heralding new controls over the sprawling and largely unchartered 46 trillion euro ($61 trillion) sector blamed for helping trigger the financial crisis.
#10 United Parcel Service (UPS)

UPS To Acquire TNT Express For €5.16B In All-Cash Deal

UPS will pay €9.50 a share in cash for Europe's second-biggest express-delivery provider, up from a February bid of €9 a share and 54 percent above TNT shares' closing price on Feb. 16. The deal is the biggest in UPS's 105-year history.

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