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| Mexican Democracy's Lost Years |
IN 2000, the Institutional
Revolutionary Party, which had run
Mexico for 71 years with the help of
a mixture of authoritarianism, corruption
and election-tampering,
was voted out of office. This was seen as
the end of an era ... |
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| THE (SORT OF)
NEW MITT |
TODAY: Mitt Romney and
immigration. As you know,
American Hispanics are an
important and fast-growing
voting bloc. Romney has long
had a strategy for winning them
over. The key, he explained last year,
is to tell... |
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 | Qtel likely to buy
remaining stake in
Wataniya for $1.9bn
QATAR Telecom (Qtel), the
majority state-held telecoms
operator, has offered to buy the
remaining 47.5 percent stake it
does not already own in Kuwaiti
unit Wataniya, a Kuwaiti bourse
statement said on Tuesday.
Based on Wataniya´s current
...
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| | Statoil to shut more oil
platforms due to strike | STATOIL plans to shut down
three North Sea oil platforms
linked to the Oseberg field,
which has been hit by an
ongoing strike, a trade union
said on Tuesday, citing the
company´s management.
This will further reduce
output from the world´s
eighth biggest oil exporter.
So far gas exports from
Norway, the second-largest
supplier to Europe after
Russia, have not been
affected as it can make up
for losses from the fields by
raising output at others.
The Lederne trade union
said in a statement it had
been told by Statoil´s management
the Norwegian oil
and gas company intended
to shut down Veslefrikk and
Brage oil platforms.
Statoil declined to comment.
Together the two platforms
represent a production
of about ... | | | German consumers hold
out against debt crisis | GERMAN consumer confidence
is holding up despite
concerns that the German
economy, the biggest in
Europe, will be hit by repercussions
from the debt crisis,
a poll found on Tuesday.
Market research company
GfK said its household confidence
index was forecast to
edge slightly higher to 5.8
points in July from 5.7
points for June, a statement
said.
"The consumer climate is
defying the intensification of
the crisis, but sentiment is
mixed," GfK said.
"While income expectations
have risen sharply and
the propensity to spend has
edged higher, economic
expectations have seen a
sharp downturn," the institute
said.
"The turbulence in the
euro area... has dealt a heavy
blow to consumers´ optimism.
Fears are on the rise"
that ... | | | France to shelve
€1bn spending
this year | THE French government
will shelve 1 billion euros of
planned spending this year,
on top of a three-year spending
freeze that kicks in in
2013, Budget Minister
Jerome Cahuzac said on
Tuesday.
President Francois
Hollande´s five-week-old
Socialist government is battling
to bring its public
deficit down to within a target
of 4.5 percent of gross
domestic product by the end
of 2012, mainly through
planned tax increases.
Prime Minister Jean-Marc
Ayrault told cabinet ministers
on Monday that overall
spending at ministries and
regional government departments
would be frozen from
2013 for three years, excluding
debt costs and pensions.
Cahuzac said this year´s
freeze would affect all
departments except the education,
justice ... | |
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