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Britain sceptical on US banking reform (AFP)

AFP – Britain’s finance minister expressed scepticism Sunday at proposed US banking reforms, saying they would not have prevented the financial crisis and warning they risk undermining the global consensus. Read more: Britain sceptical on US banking reform (AFP)

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Barclays Capital head ’slates Obama bank plan’ (AFP)

AFP – The chairman of investment bank Barclays Capital, Hans-Joerg Rudloff, has criticised President Barack Obama’s plans to rein in US banks as “populist” in a newspaper interview published on Sunday. Follow this link: Barclays Capital head ’slates Obama bank plan’ (AFP)

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‘Premature’ to recognise Palestine state, says EU (AFP)

AFP – The European Union’s Swedish presidency said Tuesday that it was ‘premature’ to recognise a Palestinian state, even as its leaders prepare to seek such recognition at the UN Security Council. Go here to see the original: ‘Premature’ to recognise Palestine state, says EU …

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Mixed figures on China’s economy (AFP)

AFP – Industrial production and retail sales picked up pace in China in October, while consumer prices continued to fall, according to official data. Original post: Mixed figures on China’s economy (AFP)

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US Senate approves jobless help extension (AFP)

AFP – With jobless numbers soaring and year-end holidays close at hand, the US Senate on Wednesday voted to extend unemployment benefits and expand a vastly popular tax credit for homebuyers. Continued here: US Senate approves jobless help extension (AFP)

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German retailer Metro reports stable profits (AFP)

AFP – The German retailer Metro on Tuesday reported stable profits in the third quarter but declined to give an outlook for the rest of the year after a survey showed falling consumer confidence in Germany. Excerpt from: German retailer Metro reports stable profits (AFP)

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US bank failure jolts stock markets (AFP)

AFP – Asian stock markets tumbled on Monday with investors rattled by the bankruptcy of US bank CIT and sharp pre-weekend falls on Wall Street, but Europe edged up on bargain-hunting, analysts said. Go here to see the original: US bank failure jolts stock markets …

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Britain to create three new retail banks: reports (AFP)

AFP – Britain’s government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, according to media reports. The rest is here: Britain to create three new retail banks: reports (AFP)

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Karzai questions US reliability as partner – AFP

BBC News Karzai questions US reliability as partner AFP WASHINGTON — Afghanistan’s President Hamid Karzai questioned the reliability of the United States as a partner Sunday, as he fought off criticism of his government’s legitimacy following fraud-marred elections. Karzai’s main challenger, former foreign … Officials say Karzai rival may …

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Afghan election officials to release fraud report – AFP

guardian.co.uk Afghan election officials to release fraud report AFP KABUL — Afghanistan’s Electoral Complaints Commission (ECC) will release a report into widespread allegations of fraud in the country’s presidential election later Monday, an official told AFP. The report by the UN-backed commission is pivotal to a … Karzai May …

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