Posts Tagged ‘BUSINESS’

Malta unfreezes Libyan assets

Wednesday, April 11, 2012 Comments off

Malta has unfrozen some 300 million euros in bank deposits owned by Libyan companies. Nearly 90 million euros that were deposited by the Gaddafi clan remain under freeze. Read more…

US nominates college president as World Bank head

Saturday, March 24, 2012 Comments off

The US government has nominated Jim Yong Kim as head of the World Bank. The president of Dartmouth College is also a global health expert. Read more…

Japan, US, EU to file trade case against China

Tuesday, March 13, 2012 Comments off

Japan, the United States and the European Union plan to file a trade case against China over its export restrictions on rare-earth minerals.

Japan announced on Tuesday that the 3 economies will take the case to the World Trade Organization, saying China’s control of such minerals violates trade rules. Read more…

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Japan to ban trade with Iran’s Bank Tejarat

Tuesday, March 13, 2012 Comments off

The Japanese government will impose additional sanctions against Iran, banning its 3rd largest bank from trading with Japanese financial institutions. Iran continues to develop its nuclear program despite UN sanctions. Read more…

Libya to honour contracts with Russia

Saturday, March 10, 2012 Comments off

In an interview with the ITAR-TASS news agency Friday, interim Libyan Prime Minister Abdel Rahim Al-Keeb assured Russia that his country would honour all the contracts that it signed with Russian companies in Read more…

Libyan oil exports rise

Tuesday, February 28, 2012 Comments off

Oil production in Libya has reached 1.4 million barrels a day officials with country’s oil ministry have said in a statement. Read more…

G20 issues joint statement

Monday, February 27, 2012 Comments off

Group of 20 finance ministers and central bank chiefs say they won’t provide more funds to the IMF unless Europe makes further progress in tackling its debt crisis. Read more…

Greece faces challenges

Tuesday, February 21, 2012 Comments off

Laaska News Feb. 21, 2012

Economists say Greece faces a number of challenges despite the agreement on a second bailout to help the country avoid default.

A short-term issue is whether the country can implement austerity measures. Read more…

Iran stops oil sales to British, French companies

Sunday, February 19, 2012 Comments off

Laaska News Feb. 19, 2012

Iran has stopped selling crude to British and French companies, an oil ministry spokesman said, the ministry’s website reported on Sunday. Read more…

Iran Oo Joojinaysa Inay Saliid Ka Iibiso Shirkadaha Ingiriiska,Faransiiska

Sunday, February 19, 2012 Comments off

Laaska News Feb. 19, 2012

Iran waxay joojinaysaa in ay ka iibiso saliid cayriin shirkadaha Ingiriiska iyo Faransiiska ,sida uu sheegay afhayeenka wasaaradda saliidda (shidaalka),laguna qoray shabakad ay leedahay wasaaradda shidaalku. Read more…