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Global Financial Crisis: US, Spain Bail Out Banks

added: 09-10-2008

The UK Government is to offer more than $A1.2 trillion in loans and guarantees in an effort to support the country's tottering banking sector.

Deloitte Says Service Can Boost US Automotive Sales and Bottom-Line

added: 09-10-2008

With September car sales data soon to be released, automotive companies are increasingly under pressure to beat the economic downturn and find ways to grow revenues. Many are watching sales forecasts closely after news of global car sales plunging by 7.7 percent in the month of August.

EU Emission Trading Scheme: Use Permit Revenues To Fund Climate Change Protection

added: 09-10-2008

Voting Tuesday on the revision of the EU's Emission Trading System, the Environment Committee backed Commission plans to reduce greenhouse gas (GHG) emissions from most industrial sectors by 21% from 2005 levels by 2020 and phase out free emission permits, leading to full auctioning, with an exception for energy-intensive sectors. MEPs want permit auction revenues to be used for climate change protection measures.

A Billion Euro For The EU Food Crisis?

added: 09-10-2008

The Development Committee has reaffirmed its support on Tuesday for using budget surpluses - unused appropriations - in the EU's agriculture budget to help counter the food crisis in developing countries. 35 priority countries should benefit from this support.

Australian Economy Lower

added: 09-10-2008

Home loans tumbled in August for a 7th successive month and consumer confidence plunged in October, so the question now is whether Tuesday's 1% rate cut from the Reserve Bank will have any impact in reversing those trends.

Equipping Power Plants To Store CO2 Underground

added: 09-10-2008

The Environment Committee wants all larger power stations built from 2015 onwards to be equipped with the new carbon capture and storage technology (CCS), which stores CO2 emissions permanently underground instead of releasing it into the atmosphere, it said in a co-decision vote on Tuesday. MEPs had already proposed financing demonstration projects through the revised Emission Trading Scheme, in another vote on Tuesday morning.

The Agriculture Committee: Consensus In Milk Producers Case

added: 09-10-2008

A much smaller reduction in support for farmers than proposed by the European Commission, an increase of just 1 per cent in milk quotas over two years, the option for Member States to provide extra help for milk producers and livestock farmers, keeping the link between subsidies and production and retaining intervention schemes for sensitive sectors: these are the main points of the Agriculture Committee's vote on the CAP "Health Check" on Tuesday.

Building A Genuine And Transparent EU Arms Market

added: 09-10-2008

The European Union should create a genuine single market for defence equipment. This is the aim of two proposed directives amended by the Internal Market Committee on Tuesday. MEPs' changes aim to make defence procurement, still essentially a national business, more transparent and more European, and to facilitate intra-Community trade in defence-related equipment.

Green Building is Growing Despite Down Market

added: 09-10-2008

McGraw-Hill Construction, a part of The McGraw-Hill Companies, in partnership with the National Association of Home Builders National Green Building Program, released the full update to its 2006 study with 2008 green home building data. The new SmartMarket(R) Report, The Green Home Builder: Navigating for Success in a Down Economy, covers market opportunities, key triggers and obstacles, and trends in green home building practices from 2001 to 2007, such as the impact of the down market on this sector.

CEA Welcomes European Parliament committee Vote on Solvency II

added: 09-10-2008

The CEA, the European insurance and reinsurance federation, has welcomed today's vote in the Economic and Monetary Affairs Committee of the European Parliament on the Solvency II Framework Directive.

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