Economics and Finance Situation Reports

Germany: Merkel Against Giving EU Wider Powers

German Chancellor Angela Merkel said June 2 that she is against granting wider powers to the European Union and that the bloc's members should focus instead on boosting economic cooperation with each other, AFP reported.
Sunday, June 2, 2013 - 11:35

U.S.: Iranian Oil Companies Sanctioned

The U.S. Treasury Department on May 31 blacklisted eight petrochemical companies owned or controlled by the Iranian government, Reuters reported.
Friday, May 31, 2013 - 14:21

EU: Eurozone Unemployment Hits Record High

Friday, May 31, 2013 - 04:50

EU: German, French Leaders Call For Creation Of Presidency For Euro

Friday, May 31, 2013 - 03:40

Indonesia: Worker Killed In Mine Tunnel Collapse

Friday, May 31, 2013 - 02:37

U.S.: Government Prepared To Allow Sale Of Phones, Software to Iran

The United States is prepared to loosen sanctions on Iran and allow U.S. companies to sell software, mobile phones and other personal communication technology to Iranians, Reuters reported May 30, citing two U.S. officials.
Thursday, May 30, 2013 - 13:37

China, Taiwan: Talks On Service Trade Agreement Conclude

Tuesday, May 28, 2013 - 00:28

Bangladesh: U.S. Urges Garment Buyers To Stay Involved In The Country

Amid concerns on the safety of the Bangladeshi garment factories, U.S. Undersecretary of State for Political Affairs Wendy Sherman urged international garment buyers -- particularly those in the United States -- to remain engaged in Bangladesh, Reuters reported May 27.
Monday, May 27, 2013 - 10:32

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