Global Water Technologies, Inc. (GWTR: OTC Pink Limited) | Global Water Technologies releases "Smart water for a healthy economy"
Global Water Technologies releases “Smart water for a healthy economy” Plan outlines sustainable water infrastructure opportunity for Indiana INDIANAPOLIS , June 15, 2013—Global Water Technologies (OTC Pink: GWTR ) has released “Smart water for a healthy economy” , a plan that outlines Indiana’s opportunity to lead the nation with innovation and entrepreneurship in sustainable water infrastructure. The plan addresses the problems of aging drinking water infrastructure ? which now loses some 20 percent of treated water before it gets to customers and results in hundreds of daily water main breaks in the United States
EU, U.S. leaders launch free-trade talks
ENNISKILLEN – The United States and European Union launched negotiations on one of the world’s most ambitious free-trade agreements on Monday, promising thousands of jobs and speedier growth on both sides of the Atlantic. Such a plan was first considered three decades ago but knocked down by France in the 1990s
Investor Presses Smithfield to Carve Itself Up
Major Smithfield Foods (SFD) investor Starboard Fund pushed the meat producer on Monday to explore a breakup in favor of the $4.7 billion buyout offer reached with China’s Shuanghui International Holdings. The push by Starboard, which owns 5.7% of Smithfield’s outstanding stock, is based on the belief that a sum-of-the-parts valuation of the world’s largest meat producer would exceed the $34-a-share bid price from Shuanghui by as much as 62%.
France agrees to start of EU-U.S. trade talks: EU officials
LUXEMBOURG – France agreed on Friday to support the European Union in negotiating a free-trade deal with the United States, EU officials said, giving the go-ahead for talks on what could be the world’s most ambitious trade agreement.
IMF urges repeal of ‘ill-designed’ U.S. cuts
WASHINGTON – The International Monetary Fund urged the United States on Friday to repeal sweeping government spending cuts and recommended that the Federal Reserve continue a bond-buying program through at least the end of the year. In its annual check of the health of the U.S
IMF urges repeal of ‘ill-designed’ U.S. fiscal cuts
WASHINGTON – The International Monetary Fund urged the United States on Friday to repeal sweeping government spending cuts and recommended that the Federal Reserve continue a bond-buying program through at least the end of the year.
Bank of England’s Tucker to leave after losing out to Carney
LONDON – Bank of England Deputy Governor Paul Tucker, who lost out on the bank’s top job to Canadian Mark Carney, will leave the BoE probably later this year. Tucker had been expected to stand down ever since Carney was named late last year as the surprise choice to succeed Mervyn King as governor. King is retiring from the BoE at the end of this month
EU tries to persuade France to back U.S. free trade talks
LUXEMBOURG – The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business. Paris, which is trying to shield French-language culture from the global might of Hollywood, has refused to join the 26 other EU governments that want talks to start in July, unless movies and digital media are left out of any deal. EU trade ministers must resolve the issue when they meet in Luxembourg
Emerging markets at risk when loose policies end: World Bank
WASHINGTON – The World Bank said eventual monetary tightening in advanced economies could crimp growth in emerging markets as interest rates rise, lowering the nations’ potential output by as much as 12 percent. That long-term risk is likely greater than the short-term impact from volatility in emerging market currency and bond markets, as traders try to position themselves for when the U.S
World Bank cuts growth outlook as world enters ‘new normal’
WASHINGTON – The World Bank cut its outlook for global growth, saying the economy should expand more slowly this year than last as it cited a deeper-than-expected recession in Europe and a recent slowdown in some emerging markets. In its twice-yearly Global Economic Prospects report, the bank warned that large developing economies, which have driven global growth in recent years, will not experience the same boom as they did before the global financial crisis and will have to focus on structural reforms to keep expanding. The bank forecast the world’s gross domestic product will grow 2.2 percent this year, slightly below last year’s growth of 2.3 percent.