Posts Tagged ‘middle east’

Iran and major powers to meet again

Talks between the world's major powers and Iran over its nuclear program have ended with at least the agreement to meet again. Najmeh Bozorgmehr, the FT's Tehran correspondent, reports on the politics hindering progress. For more video content from the Financial Times, visit http://www.FT.com/video

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Syria unrest hits Lebanon economy

Riad Salameh, Lebanon's central bank governor, talks to the FT's capital markets correspondent Robin Wigglesworth about how the unrest in Syria has affected the investor and the consumer in Lebanon. Related Articles: http://www.ft.com/cms/s/0/f8a3030e-3728-11e2-b58c-00144feabdc0.html http://www.ft.com/intl/cms/s/0/066c47c6-42f9-11e2-aa8f-00144feabdc0.html For more video content from the Financial Times visit http://www.FT.com/video

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Tension on the streets of Cairo

The Egyptian army deployed tanks outside the presidential palace in the Heliopolis suburb of Cairo on Thursday after overnight clashes between supporters of Mohamed Morsi, the Islamist president, and his opponents. Heba Saleh, Cairo Corresponsdent, reports on the growing tension in Egypt

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Syria bind opens door to extremists

The latest attacks in central Damascus illustrate clearly the ability of rebel forces to strike at the heart of President Assad's regime.

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India’s Economic Growth Estimated Around Three-Year Low

India 's GDP growth likely languished around its lowest in three years in the quarter that ended in June, offering no respite for Prime Minister Manmohan Singh as he struggles to escape from a series of political scandals that have paralysed his economic agenda. Weak demand in the West has hit exports, but the heaviest toll on the economy is from overspending and a lack of reforms at home - a point made by both the Reserve Bank of India and ratings agencies Fitch and Standard & Poor's, who threaten to downgrade India's sovereign ratings to junk.

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How Australia Grew Fat and Lazy Off the China Boom

The Australia n government is about to face its own budget problems. Today's Australia n Financial Review reports that the government's budget is in tatters.

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Ahead of Bernanke’s Jackson Hole Speech, Nervous Anticipation

Market-watchers continued to use words like "anticipation," "expectations," "disappointment" and "excitement" Thursday, less than 24 hours ahead of a speech by Federal Reserve Chairman Ben Bernanke that is being hyped up as a make-or-break moment for economic affairs in 2012.

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Sears, Former American Icon, Will Be Kicked Off S&P 500

Sears Holdings Corp. (Nasdaq: SHLD), which revolutionized retail in the 20th century with its mail-order catalogs, will be removed from the widely followed S&P 500 stock index on Sept.

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Caterpillar Bullish On China, Expects Beijing To Step-Up Easing To Lift Growth

Caterpillar Inc. ( NYSE : CAT), the world's largest maker of construction and mining equipment, is confident that Beijing will step up easing efforts to drive an economic rebound and China 's economic growth will probably recover this year

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Antony Jenkins: Should Barclays Have a Retail Chief as Leader? [ANALYSIS]

New Barclays CEO Antony Jenkins (Photo: Reuters) Barclays was severely shaken after it lost its longstanding chairman Marcus Agius, CEO Bob Diamond and COO Jerry Del Missier, following the Libor rigging scandal that cost the bank £290m in a record fine levied by US and UK regulators.  Since Libor is linked to a trillion dollar marketplace, and the emails exchanged by the traders found to manipulate rates fed the deep-seated public view that investment bankers were Bollinger-swilling cowboys, public outrage immediately ensued and the former executives of Barclays faced an intense grilling from MPs on the Treasury Select Committee (TSC). Agius was applauded by MPs for his testimony while Diamond was repeatedly accused of misleading the committee and lying.

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