Rose Cantine

The demand for seafood in Europe is depleting the supply of fish as far away as Africa, and paradoxically, causing African fishermen to lose their livelihoods. What’s going on? Read this article in the International Herald Tribune (quote):
“There’s a big competition out there with foreign vessels, especially from China,” said Moshwood Kuku, a fishmonger at [...]

From the Wall Street Journal: In a sign that the U.S. economic malaise is spreading to Britain, the pound is fast becoming one of the world’s least-loved currencies. Investors have taken such a dislike to the pound in recent weeks that it’s starting to live up to its nickname among currency traders: the European dollar.
Meanwhile, [...]

Merrill Lynch, a US investment bank, says that the US is already in a recession. The signs: a weak job market and declining retail sales. But some people aren’t convinced.

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A single trader is behind the $100 record: “He paid $600 for the right to tell his grandchildren that he was the first in the world to buy $100 oil.” For more go to the BBC News page.

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Berlin, Hannover and Cologne have banned environmental-unfriendly cars from their city centers. All cars entering inner city zones have to display a sticker (green, yellow or red) depending upon the amount of pollutants emitted by the vehicle. In the most restrictive zones, only green-stickered cars will be allowed to enter. For more details on which [...]

Goodbye to smokey cafes and bars in France and Germany: dry cleaning businesses face grim future
Malta and Cyprus adopt the euro: now watch the prices rise
30,000 Germans fight against new data retention law: the law requires companies to keep for 6 months records of e-mail sender and recipient addresses, time spent on the Internet and [...]

If you pick up any of the financial papers like the Wall Street Journal and the Financial Times this week, you will see articles such as “Late Spending Spree Helps Europe’s Retailers” and “Retail Rush Appears to Fall Short”. Shopping, especially during the holiday season, is the barometer for how well [...]