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As Recovery Spreads, Greece Is Bypassed

One quip making the rounds in Athens is that the financial crisis is arriving — but on Greek time. The Greek economy started to slow down later than many of its peers, and it appears to be stuck in recession for longer. It was still contracting during ...

From MATTHEW SALTMARSH, The New York Times,  19 Nov 2009

Related Topics: Commerzbank,  European Central Bank,  Organization for Economic Cooperation and Development,  European Union,  Dow Jones

Pirates Off Africa Adapt to Survive

PARIS As pirate attacks on shipping lanes around the Horn of Africa show no sign of relenting, the nations that are policing the seas are struggling to find solutions to what is becoming an increasingly long-term mission. The attacks have moved deeper ...

From MATTHEW SALTMARSH, The New York Times,  19 Nov 2009

Related Topics: European Union,  International Maritime Bureau,  NATO,  Javier Solana

German and French Economies Grow on Exports

PARIS — Germany posted a solid increase in growth during the third quarter, helped by improved export growth and industrial production, while France recorded a more muted rebound during the same period, according to data released Friday. Analysts said ...

From MATTHEW SALTMARSH, The New York Times,  13 Nov 2009

Somali Money From Abroad Is a Lifeline at Home

PARIS As Somalis struggle to survive the chaos that has overtaken their country, a network of companies that distribute money from the nation’s large diaspora has quietly expanded, providing a crucial safety net. As in other poor countries, the main ...

From MATTHEW SALTMARSH, The New York Times,  11 Nov 2009

Related Topics: World Bank,  United Nations,  African Union,  Siad Barre

Lender Sees More Integration Between Eastern Europe and Western Economies

PARIS — The financial crisis has disrupted the pace of efforts to open markets in much of Eastern Europe, although on balance the region will continue to benefit from additional integration with Western economies, the European Bank for Reconstruction ...

From MATTHEW SALTMARSH, International Herald Tribune,  2 Nov 2009

Related Topics: European Bank for Reconstruction and Development,  International Monetary Fund,  World Bank,  European Union

U.K. Economy in Recession for 6th Straight Quarter

PARIS — Initial data on British third-quarter growth showed the economy there remained mired in recession, while survey releases from the euro area Friday presented a picture of steadily improving economic activity. A preliminary release from the ...

From MATTHEW SALTMARSH, The New York Times,  23 Oct 2009

Related Topics: Paul Smith,  Christine Lagarde

French Jet Sale Reveals Tough Sell for Small Defense Contractors

MÉRIGNAC, FRANCE — On a recent afternoon at the sprawling Dassault Aviation plant, on the perimeter of the Bordeaux airport, the smell of kerosene hung in the air as engineers tested hydraulics and fuel systems on the combat jet Rafale. Those planes ...

From MATTHEW SALTMARSH, The New York Times,  19 Oct 2009

Related Topics: Dassault Aviation,  Boeing,  Lockheed Martin,  Saab

Energy Agency to Deepen Links With Emerging Giants

PARIS — The International Energy Agency, a forum for developed economies, announced a series of steps Wednesday to deepen cooperation with three nations of growing importance to global energy markets: Russia, China and India. A blog about energy, the ...

From MATTHEW SALTMARSH, The New York Times,  14 Oct 2009

Related Topics: Nobuo Tanaka,  Organization for Economic Cooperation and Development,  Steven Chu,  U.S. Congress

Shareholder Suit Against Vivendi Starts

PARIS — Jury selection began on Monday in a class-action lawsuit brought by investors accusing the French conglomerate Vivendi and two of its former top executives of making false and misleading statements about its financial position. The case, being ...

From MATTHEW SALTMARSH, The New York Times,  5 Oct 2009

Related Topics: Jean-Marie Messier,  New York Stock Exchange,  Universal Studios

Nations Have Avoided Protectionism, W.T.O. Chief Says

PARIS — Fears that countries would resort to protectionism during the recent financial upheaval have proved largely unsubstantiated — so far — and trade officials will use the coming months to overcome the remaining issues blocking a global trade deal, ...

From MATTHEW SALTMARSH, International Herald Tribune,  2 Oct 2009

Related Topics: Pascal Lamy,  World Trade Organization,  U.S. Congress,  Barack Obama,  Manmohan Singh

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