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  • NASDAQ Dubai Hosts Seminar On Opportunities For Investment In Gold - Event Explains Dubai Gold Securities (DGS) To UAE Brokers

    Date 24/10/2011

    Senior representatives of 20 leading UAE brokers   attended a NASDAQ Dubai seminar that explained opportunities for individuals and institutions to invest in gold, with products listed on NASDAQ Dubai.

  • Cleartrade Exchange Volumes And New Members Exceed Q3 Expectations

    Date 24/10/2011

    Cleartrade Exchange Pte Ltd. (CLTX), the OTC electronic global marketplace for freight and commodity derivatives, today announced it has already exceeded its Q3 goal of signing 16 members, including major investment banks as well as global energy and commodity companies. Due to this success it is now raising its goal to reaching over 20 members before the year-end.

  • Jörg Asmussen Is Appointed To The Executive Board Of The European Central Bank

    Date 23/10/2011

    The European Council today adopted a decision appointing Jörg Asmussen (Germany) member of the executive board of the European Central Bank for a term of eight years as from 1 January 2012.

  • European Council - 23 October 2011 - Conclusions

    Date 23/10/2011

    In addition to addressing the immediate challenges posed by the financial crisis, it is essential tointensify efforts to secure sustainable and job-creating growth. Budgetary consolidation and debt reduction are of crucial importance in order to ensure the sustainability of public finances and restore confidence. At the same time, determined action is required to strengthen the economy already in the short run. It is therefore crucial for the European Union to implement all aspects of the Europe 2020 strategy. The Member States will accelerate structural reforms in line with the recommendations made in the context of the European semester. Within this framework, the European Council identified today a number of priorities which should be fast-tracked because of their significant impact on jobs and growth in the short to medium term. It also called for a stronger focus to be given to the growth-enhancing aspects of the European Union's external policies in order to maximise their contribution to growth in Europe and to shape the conditions to attract more foreign investment. The European Council set the Union's position for the G20Summit, giving top priority to maintaining financial stability and restoring growth. It also discussed the preparations for the Durban conference on climate change, stressing the need to take ambitious steps towards a global and comprehensive legally-binding framework for the post-2012 period.

  • José Manuel Durão Barroso President Of The European Commission - Statement By President Barroso At The Press Conference Following The European Council Press Conference Brussels, 23rd October 2011

    Date 23/10/2011

    Today indeed we still have a heavy agenda. But this morning we started to discuss growth. As you know the Commission has presented recently a Roadmap addressing the most urgent issues on the euro area, but we have underlined again that part of the answer is growth. We need of course fiscal consolidation, but without growth our citizens will not be confident in their future and in the future of the economies in Europe. That is why I was invited by the European Council to present a report on growth (which I did) - "Europe's sources of growth". And the idea was to show how we could recover some of the €2 trillion in growth that we have lost because of the financial crisis.

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