Thursday, March 1, 2012

U.S. Congress Would Allow Anti-Subsidy Tariffs to be Imposed on Imports from China

From Tiongkok we reported, China's Treasury holdings in net fall Contrary to previous indications Beijing had continued to buy despite concern about the US's sovereign credit status, China sold Treasuries in the second half of 2011 with on track growth

Override court on tariffs, from Washington US Congress plans to override court on tariffs, The legislation would allow anti-subsidy tariffs to be imposed on imports from China, overriding a federal court which said the practice contravened US trade law

Meanwhile, "long term refinancing operations" program we can updated, Europe's smaller lenders follow road to Frankfurt, Take-up seen as potentially good news since smaller banks often those with the closest relationships to SMEs business level

Another fears comes up in Eurozone people, Barnier moves to allay pension plan fears, Europe's internal market commissioner to open review of regulation as coalition of business groups and unions warns of 'dangerous' shake-up movement

By the way, European Union groups in push for women in top roles, Thirty-one companies will publish targets for increasing the number of females in senior posts and launch a database of board candidates to the top

From Deutsch we reported, Bundesbank at odds with ECB over loans, European Central Bank injects €530bn as 800 European lenders seek to take advantage of cheap three-year funding, and Spain's target push riles EU partners, European Union officials said Spain must complete its 2012 budget, expected at the end of March, before the Commission can make an informed decision and finalized

Previous news from Dublin we reported, Ireland minister pushes to cut bail-out cost, Burton proposes restructuring €31bn promissory notes issued to the central bank in 2010 to cover the cost of winding up Anglo Irish Bank, Burton hopes some bright future for Ireland

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