Posts Tagged ‘President’

ECB president Mario Draghi raises possibility of 3-year government bond purchases

Nathan Andrada – Fourth Estate Cooperative Contributor Brussels, Belgium (4E) – European Central Bank (ECB) president Mario Draghi has once again made remarks that support a move by the bank to help struggling euro zone countries through purchase of government bonds that have maturity of three years or less. Several European MPs have revealed that […]

European Central Bank (ECB) president Draghi readies bond buying plan but offers no specifics

Nathan Andrada – Fourth Estate Cooperative Contributor Frankfurt, Germany (4E) – European Central Bank (ECB) president Mario Draghi on Thursday revealed the possibility of the ECB intervening in the bond market to battle the crisis, although he never offered any concrete action. People expecting for a grand solution were left disappointed by Draghi’s statement in […]

Egypt’s new president faces lengthy economic agenda

The Media Line Staff Cairo, Egypt David Rosenberg (The Medi – Egypt’s new president, Mohamed Morsi, could take some pleasure in seeing the Egyptian Stock Exchange rise in the days after the news of his election victory became known. The Egyptian Stock Exchange posted a power rally, with its EGX 30 index tacking on 11 […]

Kim named World Bank president

The World Bank Monday tapped American Jim Yong Kim to be the organization’s next president, beating out Nigerian finance minister Ngozi Okonjo-Iweala, following what was the first-ever challenge to the U.S. nominee in the intuition’s history. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Draghi warns on eurozone break-up

ECB president breaks taboo while playing down market expectations about bank’s role in fighting crisis View full post on UK Business Stories

Boeing machinists accept 4 year contract extension

Windsor Genova – AHN News News Writer Renton, WA, United States (AHN) – One-third of the 28,000-strong Boeing workers in Washington, Oregon and Kansas voted Wednesday to accept a four-year extension of their job contract to build 737 MAX planes. Tom Wroblewski, Local 751 district president of the International Association of Machinists & Aerospace Workers […]

Microsoft abolishes senior vice presidents … by title only

share: digg facebook twitter Microsoft is streamlining its organization chart by abolishing the “senior vice president” title it bestowed on numerous high-level executives. As first noted by ZDNet’s Mary-Jo Foley, the change has happened gradually over the past few weeks. Once formally a step higher than those lowly “corporate vice presidents,” Microsoft’s SVPs are taking […]

Caesars’ Jan Jones to receive American Gaming Association honors

The American Gaming Association today said Jan Jones, senior vice president of communications and government relations for Caesars Entertainment Corp. of Las Vegas, will receive the AGA 2011 lifetime achievement award for gaming communications. View full post on Business Stories

IMF and Bill Clinton warn of excessive U.S. debt

Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – An international agency and a former president warned the U.S. about the perils of its excessive spending on Wednesday. The International Monetary Fund pointed out that the U.S. debt burden is on an unsustainable trajectory, but advised Washington against a sharp correction to protect […]

Medvedev rules out poll tussle with Putin

Russian president has made clear he would like a second term but says he and prime minister will not run against each other next year View full post on UK Business Stories