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Source: yahoo.com  7/9 2:25
Troubles mount for EU bid to re-draw economic government (AFP)

European Union President Belgian Herman Van Rompuy (R) speaks with Belgium Finance Minister Didier Reynders before a meeting on Economic Governance at the EU headquarters in Brussels. Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.(AFP/John Thys)AFP - Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.


EU finmins want budget rule offenders rapped swiftly (Reuters)
Reuters - European Union finance ministers sought on Monday to make sanctions for EU budget rule breakers more automatic, but put off potentially difficult talks on a permanent mechanism to resolve euro zone crises.
EU finance ministers to discuss new bank levy (AP)
AP - European Union finance ministers are set to discuss the possibility of introducing a levy on banks and whether a tax on financial transactions can deal with another banking crisis, as they gather Tuesday in an atmosphere more benign than when they last met in July.
FTSE 100 closes higher (AFP)

London shares climbed on Monday as investors further digested last week's better-than-expected US jobs data which reduced prospects of a return to recession.(AFP/File/Carl de Souza)AFP - London shares climbed on Monday as investors further digested last week's better-than-expected US jobs data which reduced prospects of a return to recession.


Germany's Merkel praises extending nuclear energy (AP)

A protester, wearing a giant mask depicting German Chancellor Angela Merkel, tries to catch 'atomic balloons' during a demonstration against the extending of nuclear power plants operating time in Berlin, Germany, Sunday, Sept. 5, 2010. Posters read: 'Nuclear power's only safety is the risk.' (AP Photo/Michael Sohn)AP - Chancellor Angela Merkel on Monday touted her government's decision to put off shutdown of the country's nuclear power plants by an average 12 years as "revolution of the energy supply" in Europe's largest economy.


Report: Van der Sloot concedes extorting Holloways (AP)

FILE - In this June 4, 2010 file photo Dutch citizen Joran van der Sloot is escorted by police officers outside a Peruvian police station, near the border with Chile in Tacna, Peru. A newspaper has quoted the Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway as confessing to extorting money from Holloway's parents, it was reported, Monday, Sept. 6, 2010. (AP Photo/Karel Navarro, File)AP - The Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway has acknowledged extorting money f

Trichet calls for united EU at the IMF (AFP)

Jean-Claude Trichet, Governor of the European Central Bank, gives a press conference at the Ambrosetti Forum at the Villa d'Este hotel in Cernobbio on the Como Lake, northern Milan. European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.(AFP/Olivier Morin)AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.


EU decision on support for banks due November: commissioner (AFP)

Spain's European Commissaire Joaquin Almunia speaks to journalists during a press conference at the Ambrosetti Forum on the Como Lake in northern Milan. Brussels will say in November if it is to extend support for troubled European banks, but will move more quickly on the troubled Anglo Irish Bank, Almunia said Saturday.(AFP/Olivier Morin)AFP - Brussels will say in November if it is to extend support for troubled European banks, but will move more quickly on the troubled Anglo Irish Bank, the EU's competition commissioner said Saturday.


Experts see trouble ahead for developed world (AP)

Israeli President Shimon Peres, center, arrives for the 'Intelligence on the World, Europe, and Italy' economic forum, at Villa d'Este, in Cernobbio, on Lake Como, Italy, Friday, Sept. 3, 2010. (AP Photo/Luca Bruno)AP - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world.


European stocks soar on US data; dollar breaches 85 yen (AFP)

A trader sits in front of a board displaying the German share index DAX at the stock exchange in Frankfurt. European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the US.(AFP/DDP/File/Martin Oeser)AFP - European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States.


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