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AFP 1400 GMT Economics News Advisory

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(GlobalPost/GlobalPost)

Duty Editor: Richard Lein

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EU-EEurope-summit-diplomacy,WRAP

VILNIUS

An EU summit meant to cap years of efforts to bring six ex-Soviet states into the Western fold opens with its ambitions dented after Ukraine, the biggest prize, balked at the last moment under Russian pressure.

650 words 1530 GMT by Claire Rosemberg. Picture. Video

UAE-Dubai-economy-Expo,FOCUS

DUBAI

A jubilant Dubai hopes that hosting the world's five-yearly trade fair in 2020 will draw new investment to an economy still recovering from a debt crisis that required a bailout by neighbouring Abu Dhabi.

650 words moved by Ali Khalil. Picture.

ECB-eurozone-bank-economy-banking-indicator-inflation,2ndlead

FRANKFURT

A sharp contraction in lending to businesses in the eurozone coupled with the low inflation outlook suggests the region's fight against deflation may not be over, analysts say.

500 words 1500 GMT

Germany-economy-unemployment-indicator,2ndlead

FRANKFURT

Germany's unemployment rate holds steady in November, but the country's much lauded "jobs miracle" could be running out of steam, analysts say.

550 words moved by Simon Morgan

France-politics-Peugeot-automobile-labour-company-pension

PARIS

France will legislate to curb executive pay if company bosses fail to, government ministers warn after a public outcry forced the head of carmaker Peugeot to renounce a generous pension pot.

450 words moved. File picture

Spain-economy-growth-indicator,lead

MADRID

Spain says it has technically escaped a two-year recession by posting feeble growth in the third quarter, but with an unemployment rate still towering at 26 percent.

400 words moved

Kenya-China-railway-economy-trade,2ndlead

MOMBASA, Kenya

Kenya launches construction of a Chinese-funded $13.8 billion (10-billion euro) flagship railway project, hoping to dramatically increase trade and boost Kenya's position as a regional economic powerhouse.

550 words 1430 GMT. Picture

Stocks-forex-Europe,WRAP

LONDON

European stock markets rise after rallies in Tokyo and on Wall Street but trading was subdued amid Thanksgiving in the United States, dealers say.

550 words 1700 GMT

Stocks-Asia-finance-forex,WRAP

HONG KONG

Asian markets climb -- with Tokyo hitting a near six-year high -- following a Wall Street rally, while the yen sinks on comments from a Japanese central banker hinting at further monetary easing.

750 words moved. Graphic

afp

http://www.globalpost.com/dispatch/news/afp/131128/afp-1400-gmt-economics-news-advisory