GERMANY

U.S. and Switzerland to revise tax treaty amid dispute

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The United States and Switzerland will head back to the negotiating table to revise a 1996 bilateral tax treaty in an effort to cool a high-profile dispute between the two nations over banking secrecy laws, the U.S. Treasury said on Monday.
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NATO agrees new chief at protest-marred summit

NATO named Danish Prime Minister Anders Fogh Rasmussen as its next leader on Saturday, averting a damaging split with Turkey at a summit celebrating the 60th anniversary of the military alliance.
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Obama calls for rebalancing of capital flows

President Barack Obama called on Friday for a rebalancing of global capital flows and said nations had to work together to resolve the financial crisis or risk collective failure.
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US reaches out to Europe

President Barack Obama told Europe on Friday it must do more to help the United States win the war in Afghanistan, looking to leverage his huge popularity here to wring concessions from NATO allies.
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Obama seeks world free of nuclear arms

U.S. President Barack Obama called on Friday for a world without atomic weapons and urged allies to stand firm against Iran's nuclear ambitions and a planned missile launch by North Korea.
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Italy to double solar capacity to 900 MW in '09

Sunny Italy expects to more than double its installed photovoltaic capacity used to turn sunlight into power to 900 megawatt (MW) by the end of 2009 on the back of government incentives, state-run agency GSE said on Friday.
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United G20 inspires Asia stocks

G20 leaders convinced investors they were united enough to keep a risk-taking rally alive on Friday, lifting Asian stocks a fourth day, but the U.S. dollar fought back from early losses ahead of the latest U.S. payrolls number due later in the day.
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G20 supports Asia stocks ahead of U.S. jobs data

Efforts by G20 leaders convinced investors that policy makers were united enough to keep a risk taking rally alive on Friday, pushing up Asian equities for a fourth day and knocking the yen to a six-month low against the Australian dollar.
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Protesters battle police ahead of NATO summit

Riot police clashed with hundreds of protesters on Thursday ahead of a NATO summit of world leaders, firing repeated rounds of tear gas and rubber bullets to try to disperse the crowds.
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G20 seals $1.1 trillion deal, markets rally

World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.
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G20 agrees on $1 trillion to fight crisis

Leaders of the G20 nations agreed to pump an additional trillion dollars to fight the economic crisis on Thursday, in an effort to shorten the recession and save jobs.
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Car stocks advance as recovery hopes swell

Shares of major carmakers rallied on Thursday after better-than-expected sales in the United States and Europe encouraged hopes that a global auto market collapse could be nearing an end.
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G20 leaders craft crisis response, markets buoy

World leaders will impose new financial rules on Thursday and triple the war chest of the International Monetary Fund to fight the worst economic crisis since the 1930s, sources at the G20 summit said.
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G20 puts IMF at centre of crisis response

World leaders will impose new financial rules on Thursday and triple the war chest of the IMF to fight the worst economic crisis since the 1930s, monetary sources at the G20 summit said.
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G20 leaders craft crisis response

World leaders are set to declare an end to unfettered capitalism at a G20 summit on Thursday after France and Germany demanded they act fast on promises to prevent a repeat of the worst economic crisis since the 1930s.
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Obama calls for unity as Splits surface G20

US President Barack Obama said that all the participating countries at G20 summit should work together to tackle the global financial crisis and should recognize they had to forget their occasional differences on how to promote economic growth and trade.

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