News
Google News: India seeks oil alternatives to Iran
[Financial Times] - Payments previously routed through the Asian Clearing Union and EIH, a German bank, were last year transferred to Halk Bankasi in Turkey in order to circumvent international sanctions. Now the Turkish route is also under threat, prompting India to
Lord Rockley
www.telegraph.co.uk
[Telegraph.co.uk] - Rockley duly received an approach from the chairman of Dresdner, the second largest German bank — and after lengthy negotiations, Kleinworts was bought up for £1 billion. “I think we will be able to realise our goals more clearly and with greater
Privatisation of Rail Freight Services On Track
www.handyshippingguide.com
[The Handy Shipping Guide] - In September the World Bank refused to authorise a restructuring loan for BDZ and the following month German bank KfW insisted on the return of fifty Siemens locomotives, some up to eight years old, against outstanding debts.
Google News: EUR/USD update (6th Jan 2012, 04:00)
[Market Moves] - European economic data disappointed, while talk of a German bank requiring imminent funding, plus further concern in Hungary subtracted from sentiment. Interestingly, it seems we are also seeing a return to currency fundamentals, with good US data
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