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HuaweiLONDON - Britain will demand safeguards to protect its financial sector if the euro zone forms a banking union, its finance minister said on Thursday, placing another obstacle in front of the European Central Bank’s efforts to fix a deepening debt crisis.
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SYDNEY - The Minister of Foreign Trade Shaikha Lubna bint Khalid Al Qasimi has stressed that the UAE had succeeded in building strong commercial and economic ties and successful partnerships with a large number of countries worldwide.
LONDON - Gold steadied on Tuesday, recovering early losses linked to euro weakness, as renewed focus on the slow pace of the U.S. recovery altered the metal’s relationship to assets seen as higher risk, boosting confidence in its longer-term prospects.
Finance ministers of the Group of Seven and other economic powers will talk by phone later Tuesday on the eurozone crisis and the threat it poses to the world economy, several official sources said.