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Published December 3, 2008, 12:00 am, EUActiv

EU legislation currently in place stipulates that investment funds can only be managed from the country in which they are based. Introducing a 'passport' would allow managers to work freely throughout Europe, regardless of their place of establishment.

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Coast Guard defending India's shores with depleted assets

Published December 2, 2008, 11:58 pm, New Kerala

By Ritu Sharma, New Delhi, Dec 3 : The brazen Mumbai terror attack has underlined that India's vast 7,516-km-long coastline is the country's Achilles' heel with the Coast Guard grappling with depleted assets and a Marine Police force that has miserably failed to supplement coastal security.

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Education hard hit by financial crisis

Published December 2, 2008, 11:56 pm, Mail and Guardian

The impact of the global financial crisis on donor aid, especially for developing countries, is threatening development, particularly when it comes to advances in education.

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Finland May Lower 2009 Economic-Growth Forecast, Katainen Says

Published December 2, 2008, 11:56 pm, Bloomberg

Dec. 2 (Bloomberg) -- Finland may lower its economic-growth forecast for next year as the euro region as a whole is already in a recession, Finance Minister Jyrki Katainen said.

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Hope for auto bailout prompts cautious relief

Published December 2, 2008, 11:56 pm, AFP via Yahoo! News

Hopes of a government rescue for the battered US auto sector prompted some cautious relief on Asian stock markets Wednesday, but continuing worries about the global economy tempered the enthusiasm.

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Haggling prolongs Scranton budget

Published December 2, 2008, 11:53 pm, Times Leader

SCRANTON – City Council members haggled into the night over the 2009 budget on Tuesday. The issue: two lists of amendments to Mayor Chris Doherty’s $78 million budget.

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Officials insist Qantas must stay Australian owned

Published December 2, 2008, 11:48 pm, San Francisco Chronicle

A merger of Qantas and British Airways wouldn't pass muster without control of the "Flying Kangaroo" remaining in Australia, officials insisted Wednesday, as Qantas shares surged on hopes a deal would see it emerge a stronger competitor to big regional rivals...

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MTUC seeks urgent meeting with Najib

Published December 2, 2008, 11:44 pm, The New Straits Times

The Malaysian Trades Union Congress (MTUC) today sought an urgent meeting with Finance Minister Datuk Seri Najib Tun Razak to discuss the impact of the three per cent cut in the Employees Provident Fund (EPF) contributions for six million workers in the country.

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December 3, 2008 | 13:12 IST

Published December 2, 2008, 11:42 pm, India Infoline

India's insurance sector is expected to grow by 17% in the fiscal year 2008-09 fiscal year, Insurance Regulatory and Development Authority (IRDA) chairman J. Hari Narayan said on Wednesday.

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Rochelle has realized the benefits of an intermodal facility

Published December 2, 2008, 11:42 pm, Morris Daily Herald

The Union Pacific intermodal facility has created 4,500 jobs and $990 million of investment in and within 50 miles of Rochelle since 2003.

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