Key Economic News to Watch This Week: November 26
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Officials from the White House and Congress will resume negotiations over the so-called fiscal cliff this week and President Barack Obama has said he is confident that a new US budget deal can be secured. Meanwhile, EU officials meet in Brussels on Monday to decide if Greece should be allowed access to some 44 billion euros of financial aid.
Monday, November 26
Eurozone finance ministers meet for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
Officials from the White House and Congress will resume negotiations over the so-called fiscal cliff this week and President Barack Obama has said he is confident that a new US budget deal can be secured. Meanwhile, EU officials meet in Brussels on Monday to decide if Greece should be allowed access to some 44 billion euros of financial aid.
Monday, November 26
Eurozone finance ministers meet for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
Related News: EU Leaders Withhold Greece’s Aid Payment Again
The 18th Conference of the Parties to the Kyoto protocol under the UN Framework Convention on Climate Change takes place in Doha, Qatar, until December 7. Despite mounting urgency over climate change, the 200 nations meeting in Doha will likely pay little more than lip service to address the challenges ahead.
Related Story: Ensuring Sustainable Development Is A Matter Of Human Decency: Jeffrey Sachs
The body of Palestinian leader, Yasser Arafat, is to be exhumed. Palestinian officials are investigating allegations that the former Palestinian president was murdered after traces of polonium-210 were discovered on his clothing. Polonium-210 was used to kill Alexander Litvinenko in 2006, a former KGB agent who came to Britain in 2000 after turning whistle-blower on the FSB, the KGB’s successor.
India observes the fourth anniversary terror attack on Mumbai that left 166 people dead. Mohammed Ajmal Kasab, the only perpetrator captured alive by the police, was executed in India last week.
Wednesday, November 28
The European Parliament’s committee on organised crime, corruption and money laundering meets in Brussels.
Related News: HSBC Budgeting For $1.5bn Money Laundering Settlement
Related News: Standard Chartered Fined $340 million in Money Laundering Probe
A lecture entitled “It’s not oil gone” will be held in London. Crude oil is a major source of energy, particularly for transport, and is projected to remain so for the decade to come. This lecture will explore how this finite resource can be recovered, focusing particularly on how much is left behind and current recovery methods.
Thursday, November 29
International Day of Solidarity with the Palestinian People, as instituted by the UN General Assembly in 1977, is observed with planned rallies and demonstrations.
Friday, November 30
Gandhian activist Anna Hazare is set to resume his nationwide campaign against corruption.
Related Story: Fasting, Not Fighting, For Change: The Case of Anna Hazare
Related Story: The Cost of Corruption in India
