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New rules for olive oil in Europe
SYDNEY, April 8 (UPI) -- Malaysia and Australia are to begin talks next month on a free trade agreement, The New Straits Times reported Friday.
If the discussions are not stuck in a quagmire, Australia expects the agreement to come into force on Jan 1, 2007, to add considerable value to the economies of both countries over 20 years.
Malaysia Prime Minister Abdullah Ahmad Badawi and Australian Premier John Howard made the announcement Thursday after a meeting.
Howard said that the agreement will build on an already substantial economic relationship between the two countries.
The main stumbling block is expected to be the liberalization of services sector in Malaysia and concerns that Australian agricultural exports could put pressure on more inefficient Malaysian producers.
Australia has already struck a trade deal with Singapore.
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LONDON, May 20 (UPI) --
British investigators say they are "urgently reviewing" whether to join a European Union probe of three oil companies for alleged gasoline price-fixing.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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