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Financial Times - World
Sarkozy offers €1bn pension concessions
President Nicolas Sarkozy outlines concessions to his flagship pension reform to try to avert an escalation of trade union-led demonstrations against his plans to raise the retirement age from 60 to 62
Obama to unveil new stimulus plans
President Barack Obama will take Republicans to task over their economic values as he promotes an $180bn package of proposals to stimulate the anaemic US economy
China protests Japan’s arrest of captain
Beijing has made a “strong protest” to Tokyo after Japanese authorities arrested the captain of a Chinese fishing boat that collided with Japanese coast guard boats in contested waters of the East China Sea
Fall in German exports signals slower growth
German exports fell 1.5 per cent in July in the latest sign that growth in Europe’s largest economy is slowing
China and US likely to resume military contacts
China and the US are likely to resume military contacts before the end of the year, removing one of the disputes that has helped fan a period of rising diplomatic tensions between the two countries
South Korea sanctions Iranian companies
South Korea has announced new sanctions against Iran, calibrating its response to US pressure and its fear of imperilling oil imports
Calls for UN sanctions over Congo rapes
Two senior United Nations officials are urging the Security Council to consider sanctions against the rebel masterminds of what they say appear to be organised mass rapes in the Democratic Republic of Congo
Barroso calls on Europe to speed up reform
In his first ‘state of the union’ address to the European parliament, Commission president José Manuel Barroso, appealed for action to consolidate an uneven economic recovery
World Bank backs farmland investment
Vendors urged to demand much more to increase their farming productivity and peoples’ livehoods
China vows to treat foreign business fairly
The man expected to become the next leader of China’s ruling Communist party has responded to a growing wave of complaints from foreign investors by assuring them the country will remain an open and fair place for them to do business
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