This is Darja Schabad with Corporate Profile.com reporting on the news for Friday Febuary 24th.
The Wall Street Journal reports, Officials from the world’s leading economies deferred for months key decisions on international aid for Europe as they awaited more euro-zone action to fight the Continent’s debt crisis. Finance ministers and central bankers from the Group of 20 advanced and developing economies, after a two-day meeting here, indicated they anticipate an agreement to expand Europe’s rescue fund next month. G-20 officials acknowledged a long list of potential obstacles ahead. Greece must meet numerous conditions for its latest bailout within weeks. European officials recognized German reluctance to quickly raise the capacity of a euro-zone financial firewall—a rescue fund large enough to reassure markets that other troubled euro-zone economies will be able to manage their debts. The G-20 set that expansion as a condition for increasing IMF resources to support Europe. At the same time, officials noted that surging oil prices, partly due to tensions with Iran, threatened to depress a global recovery already weakened by European turmoil.
The Wall Street Journal also reports on the highly anticipated Oscar Nominations this year, where “The Artist” wins Big as the best-picture winner. “The Artist” star Jean Dujardin won the leading-actor Oscar for his performance as George Valentin. French filmmaker Michel Hazanavicius won his first Oscar for directing “The Artist.” Meryl Streep accepted the Oscar for best performance of an actress in a leading role for “The Iron Lady.”
Bloomberg reports, Russian and Ukrainian security services foiled a plot to assassinate Vladimir Putin, said his spokesman, Dmitry Peskov. Two militants were detained in Ukraine for planning to murder the premier in Moscow after the March 4 presidential election, Russia’s state-run Channel One television said. The station aired a video of one of the men confessing to planning the attack during an interrogation with unidentified agents. The second man described the plan to a Channel One reporter. They planned to use a suicide bomber or landmine to kill Putin, according to the report. Putin, 59, is seeking a return to the Kremlin amid the biggest challenge to his 12-year rule after fraud allegations at parliamentary polls in December sparked the largest mass protests against the government since the 1990s. Thousands of protesters wearing white ribbons yesterday joined hands in a bid to encircle central Moscow, including the Kremlin.
I’m Daria Schabad with CorporateProfile.com reporting directly from Wall Street. Thank you for watching and please tune in again for more hot financial news.
This is Darja Schabad with Corporate Profile.com reporting on the news for Friday Febuary 24th.
The Wall Street Journal reports, Officials from the world’s leading economies deferred for months key decisions on international aid for Europe as they awaited more euro-zone action to fight the Continent’s debt crisis. Finance ministers and central bankers from the Group of 20 advanced and developing economies, after a two-day meeting here, indicated they anticipate an agreement to expand Europe’s rescue fund next month. G-20 officials acknowledged a long list of potential obstacles ahead. Greece must meet numerous conditions for its latest bailout within weeks. European officials recognized German reluctance to quickly raise the capacity of a euro-zone financial firewall—a rescue fund large enough to reassure markets that other troubled euro-zone economies will be able to manage their debts. The G-20 set that expansion as a condition for increasing IMF resources to support Europe. At the same time, officials noted that surging oil prices, partly due to tensions with Iran, threatened to depress a global recovery already weakened by European turmoil.
The Wall Street Journal also reports on the highly anticipated Oscar Nominations this year, where “The Artist” wins Big as the best-picture winner. “The Artist” star Jean Dujardin won the leading-actor Oscar for his performance as George Valentin. French filmmaker Michel Hazanavicius won his first Oscar for directing “The Artist.” Meryl Streep accepted the Oscar for best performance of an actress in a leading role for “The Iron Lady.”
Bloomberg reports, Russian and Ukrainian security services foiled a plot to assassinate Vladimir Putin, said his spokesman, Dmitry Peskov. Two militants were detained in Ukraine for planning to murder the premier in Moscow after the March 4 presidential election, Russia’s state-run Channel One television said. The station aired a video of one of the men confessing to planning the attack during an interrogation with unidentified agents. The second man described the plan to a Channel One reporter. They planned to use a suicide bomber or landmine to kill Putin, according to the report. Putin, 59, is seeking a return to the Kremlin amid the biggest challenge to his 12-year rule after fraud allegations at parliamentary polls in December sparked the largest mass protests against the government since the 1990s. Thousands of protesters wearing white ribbons yesterday joined hands in a bid to encircle central Moscow, including the Kremlin.
I’m Daria Schabad with CorporateProfile.com reporting directly from Wall Street. Thank you for watching and please tune in again for more hot financial news.