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NASDAQ OMX Launches New Fixed Income Index | Turkey cancels tender for first NPP project


Saturday, November 21, 2009
News Making Money

Hillary Clinton departs on European, Asian tour

07/11/2009 11:31 (14 Day 11:30 minutes ago)

The FINANCIAL -- WASHINGTON, U.S. Secretary of State Hillary Clinton will travel to Europe and Asia on November 8-19, the State Department has said in a statement.

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During the first leg of her extensive tour, Clinton will visit Germany on November 8-9 to "represent the United States at the 20th Anniversary celebration of the fall of the Berlin Wall and meet with senior German officials."

 

The top U.S. diplomat may have a difficult time during her talks with German officials following General Motors' decision not to sell Opel to a Canadian-Russian consortium.

 

The U.S. auto giant decided late on November 3 to retain its big European subsidiary after almost a year of sales talks with Canadian group Magna International and Russian partner Sberbank, citing "an improving business environment" in Europe.

 

Although U.S. President Barack Obama has said that Washington had nothing to do with GM's business policies, German state and industry officials, who lobbied heavily for Opel deal, have expressed disappointment over the surprising decision.

 

Clinton will continue her trip in Singapore to attend meetings of the Asia-Pacific Economic Cooperation (APEC) forum.

 

"While there, she will attend the APEC Ministerial Meetings and will hold bilateral meetings with her counterparts from the region," the statement said on November 6.

 

Clinton will travel to Manila on November 12-13, where she "will hold consultations with senior Filipino officials, highlighting the U.S.-Philippines treaty alliance."

 

She will wrap up her tour in Singapore joining U.S. President Barack Obama for the 17th APEC Economic Leaders' Meeting on November 14-15.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (09:07 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (12:21 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.







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