Iceland volcanic ash sells like hot cakes on Internet

volcanic ash

An Icelandic Internet company has turned the volcanic ash cloud that led to Europe’s biggest aerial shutdown since World War II into a charity money-spinner, its chief executive said Thursday.

04/30/2010 — Filed under: Society
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Poland Resolves Decade-Old $12 Bln Privatization Dispute

Poland Flag

Wednesday’s stock market debut of Poland’s top insurer PZU was the final element of a settlement of a dispute between the Polish government and a Dutch investor over PZU’s privatization that began 10 years ago. The resolution of the conflict means Poland won’t have to battle a lawsuit that could force it to pay compensation in excess of $12 billion.

04/27/2010 — Filed under: Business,Finance
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Stock markets climb on Spain deficit plans

stock

Stocks have risen in Europe and Asia after Spain announced plans to cut its budget deficit, easing worries that Europe’s debt crisis could spread.

04/24/2010 — Filed under: Business
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German growth lifts eurozone prospects

EURO

Germany’s economy performed significantly better than expected in the first quarter of this year, helping lift prospects for the 16-country eurozone, despite the crisis over public finances.

04/22/2010 — Filed under: Politics
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14th-Century Aqueduct Found In Jerusalem

AQUEDUCT

Archeologists said Tuesday they have uncovered a 14th-century aqueduct that supplied water to Jerusalem for almost 600 years along a route dating back to the time of Jesus — but unlike most such finds, this time the experts knew exactly where to look.

04/21/2010 — Filed under: Society
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Italy crisis exit to be slower than euro peers: IMF

эвро

Italy’s exit from recession will probably be slower than that of other euro zone economies, the International Monetary Fund (IMF) said on Tuesday in its May outlook report.

04/17/2010 — Filed under: Finance
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Mafia boss Giovanni Tegano arrested in Italy

handcuffs

Mafia boss Giovanni Tegano, veteran member of the ‘Ndrangheta gang and one of Italy’s most wanted fugitives, has been captured. Photograph: Rex Features

04/16/2010 — Filed under: Crime
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Slovenia ratifies Croatia border deal, referendum to follow

Croatia

The Slovenian parliament ratified on Monday a border arbitration deal with Croatia vital for Zagreb’s EU membership bid, but the deal still faces a much tougher test at a June referendum in Slovenia.

04/13/2010 — Filed under: Politics
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E.ON sheds US unit in largest power sector sale in more than two years

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Germany’s biggest power company, E.ON has taken another step toward getting its debt under control with the sale of its Kentucky-based US subsidiary.

04/10/2010 — Filed under: Business
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Greeks cutting back as EU/IMF help looms-survey

Greece

Athenians are tightening their belts following government austerity measures and most believe a potential euro zone and IMF aid deal will further erode living standards if Greece activates it, a survey showed on Saturday.

04/8/2010 — Filed under: Business
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