World news: Luxembourg set to end bank secrecy, Fed faces calls ...
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World news:
Tuesday April 30 2013
World News - latest world news headlines - FT.com
Luxembourg set to end bank secrecy
Finance minister says Grand Duchy is willing to expand accounts covered by new information-sharing deals with US and EU to include global companies
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/LSCZD5/LE/h?a1=2013&a2=4&a3=30
Fed faces calls for radical reform
A proposed commission would have instructions to look at more aggressive mandates to fight unemployment as well as more conservative regimes
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/FDBOM6/LE/h?a1=2013&a2=4&a3=30
Italy's premier Letta tears up €6bn in tax rises
Laying out his programme to parliament, Mr Letta said Europe faced a "crisis of legitimacy" and had to change its focus on austerity
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/WHKE3Z/LE/h?a1=2013&a2=4&a3=30
Greece passes law to fire civil servants
Greece has implemented an agreement with EU-IMF inspectors by passing a law that should see €2.8bn in overdue rescue funds flow to Athens
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/XBDQPX/LE/h?a1=2013&a2=4&a3=30
Alibaba buys Weibo stake for $586m
Ecommerce group takes 18% of microblogging site in a deal that values Chinese social network at more than $3bn
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/WHKE3K/LE/h?a1=2013&a2=4&a3=30
Hedge fund group sues over Cayman reforms
Provider of hedge fund fiduciary services files a suit against the Cayman Islands Monetary Authority, which wants to make tax haven more transparent
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/PNZ4Q0/LE/h?a1=2013&a2=4&a3=30
UAE set to boost green energy
Gulf state's renewable energy company will be able to invest up to £1bn alongside the Green Investment Bank in future projects under planned agreement
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/RPMXS4/LE/h?a1=2013&a2=4&a3=30
Iraq bombs expose faultines
Death toll for past seven days passes 200, marking worst week of violence since US troops pulled out, as Shia-Sunni tensions escalate
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/9MPTC8/LE/h?a1=2013&a2=4&a3=30
US electricity giant rejects privatisation plan
The Tennessee Valley Authority, the government-owned power company, has criticised a suggestion by the Obama administration that it might need to be privatised.
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/B41B23/LE/h?a1=2013&a2=4&a3=30
EU to ban 'bee-harming' pesticides
The European Commission is to impose a temporary ban on three widely used chemicals, in spite of EU governments failing to agree on the issue
http://link.ft.com/r/8P1R88/4VDHT6/8ANBW9/2OHV0O/K90AK7/LE/h?a1=2013&a2=4&a3=30
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