Date:
Thu, September 25, 2008 05:58:01 PMFrom:
BusinessWeek European Insider
Subject:
Wall Street's Blow to U.S. Prestige?
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September 25, 2008 |
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Europe InsiderKeep up-to-date with the latest news from Europe |
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Inside: This Week In Europe
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EUROPE
Global Voices: How the U.S. Is Seen Now From Venezuela to Japan, government officials and people on the street share their thoughts with BusinessWeek about the U.S. financial crisis
FINANCE, MARKETS & INVESTING
Little Crisis for Europe's Banks While U.S. banks took on lucrative risks, European banks have played it safe. Now Old World institutions are more likely to be buying
EUROPE
• From Spiegel Online
Germany Won't Help U.S. with Bailout German economists endorse the government's refusal to buy up bad U.S. debt, saying it would reward reckless investment behavior
EASTERN EUROPE
• From Transitions Online
Russia Couldn't Escape Gravity The global financial crisis has seen Moscow's RTS index lose 50% this year, while the ruble plummeted
EUROPE
• From The Independent
Mortgage Lending Hits Three-Year Low in Britain The August drop reflects the depressed level of house sales—half last year's figure—and deep disquiet about the future
EUROPE
• From EUobserver
EC: No Plans for More Hedge Funds Rules Commissioner McCreevy urged European Parliament not to blame private equity for recent market turmoil and said new regulations aren't needed
EUROPE
• From Spiegel Online
German Bank Under Fire for Strange Lehman Deal On Monday, state lending bank KfW transferred hundreds of millions to Lehman—after the bankruptcy filing. Why?
MARKETING
Point-of-Sale Advertising Goes High Tech New in-store digital ads are using the latest technology to target messages to individual buyers, boosting sales and even helping to manage inventory
TECHNOLOGY
• From silicon.com
Brussels Pushes a Cut in Roaming Fees The European Commission proposes that charges for roaming text messages be slashed by 60%
EUROPE
• From EUobserver
Mick Jagger Helps EU Tackle Online Retailing In Brussels, the Rolling Stones lead singer talked with commissioners about anomalies in music downloads and licensing
TECHNOLOGY
• From silicon.com
Airports Spend Big on IT to Woo Travelers A survey by SITA finds that airport operators around the world will spend $3 billion this year on technology, mainly to boost customer service
EUROPE
• From Spiegel Online
Tensions Rise over Baltic Pipeline A diplomat's op-ed article appears to have made public U.S. opposition to the proposed natural gas pipeline from Russia to Germany
FINANCEASIA.COM
• From FinanceAsia.com
Middle East Companies Target India Emirates Telecom and renewable energy outfit Masdar have bought stakes in Indian companies in their respective industries
EASTERN EUROPE
• From Transitions Online
EU Influence Falls at U.N. as Russia Rises On human-rights issues, a majority of U.N. member states are now more likely to vote with Russia and China than with the EU or U.S.
THE MULTIPOLAR WORLD: MARK FOSTER
The Global Talent Crisis In today's complex environment, a strategy for attracting skilled people is as critical as a marketing or finance strategy
INNOVATION
Best Global Brands Gutsy marketers spend into the teeth of a recession. Several of BusinessWeek's 100 Best Global Brands are doing exactly that
NEWS & FEATURES
• From Gizmag.com
Saab Reinvents the Convertible The new concept gives fresh expression to automaker's Scandinavian-inspired design ethos
NEWS & FEATURES
• From Sports Car Market
1996 Ferrari 456 GT Coupe I've often told people trying to squeak into a Ferrari that if they can't afford the best example, they really can't afford an edgy one
EUROPE
• From The Independent
French Restaurants Feel Economic Pinch Nearly 3,000 restaurants and cafés in France have closed this year, as the crunch begins to bite
EUROPE
• From Spiegel Online
BW'S PICKS FROM AP NEWS >>
Oktoberfest Chafes at Chinese Lederhosen Munich folk societies warn that Bavaria's heritage is imperiled by cheap Lederhosen made in China, India, and Eastern Europe First flight of EADS' A400M transporter postponed More unions sign off on possible Alitalia deal Germany: Consumer confidence rises slightly Lloyd's of London 1H profit falls 47 percent Church of England leaders criticize marketsMORE BREAKING NEWS FROM AP >
BW MALL
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Happiness, Competitiveness, and National
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Survey Shows: People Are HappierThe 2008 World Values Survey found that freedom of choice and tolerance—and not simply wealth—have lots to do with a rise in happinessThere's Something About DenmarkTwo recent studies found Danes to be the world's happiest people. The new reputation along with media attention have led to a national discussionThey Teach Happiness at HarvardIn Tal Ben-Shahar's positive psychology class, students learn that happiness isn't just an accident, it's a scienceThe World's Most Competitive CountriesHalf of the top 10 are European and the U.S. is still No. 1, but Asia's tigers are coming on strongTable: The World's Most Competitive CountriesWho's on Top in Tech-Readiness?While Nordic nations still win top marks in surveys, oil-producing countries are waking up to the need to adapt their economies to the digital ageRating Countries for the Happiness Factor (2006) |


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