With the new General Motors Corp. expressing second thoughts about selling Opel to Canadian partsmaker Magna International Inc
Should Magna Pass on GM’s Opel Deal?
Tag Archives: eastern-europe
Obama, Russia and the Question of Color
It was December, the start of a dreary Russian winter, and Barack Obama’s face was staring down at pedestrians walking along Moscow’s gray streets.
Is Citibank Really Out of the Woods?
Citigroup shares are going up every day now, gaining 23% yesterday. So far, the stock has gone from a low of $0.97 to $3.20 in just a few weeks
Love on the Fly: Volunteer Vacations
If you’ve had your fill of moonlit beach walks and peach-colored drinks, try something altogether different. I recently spoke with several couples whose idea of a passionate vacation involved less hand-holding and more giving a hand: they spent their vacation time volunteering. Jamie Cann and his wife, Mary, returned recently from a trip to Tanzania.
As the Crisis Bites, Splits Open Up in Europe
Meeting in Brussels for a long Sunday lunch, European Union leaders were supposed to clear the air after weeks of jibes, sneers and slurs over who is to blame for the economic crisis. But after a three-hour meal of goat cheese, beef stew and apple crumble, they emerged as ratty as ever, barely concealing their long-standing gripes and graphically revealing how far the E.U. is from any coordinated response to the downturn
EU pledges ‘appropriate’ aid to hurting members
European Union leaders have agreed to provide "appropriate" aid on a case-by-case basis to member nations battered by the global economic downturn, the union’s current president said Sunday. Czech Prime Minister Mirek Topolanek called reports of a split over threats of protectionism an “artificial” controversy over-dramatized by news outlets, and said the EU would use its tools “to the full extent” to offset the impact of job losses among its 27 members. “There has been a clear decision that all member states will get the appropriate assistance in the cases where appropriate,” Topolanek said during an emergency summit in Brussels.