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Finance Economics

State investment pools rue their brush with structured financeDec 6th 2007 ... On the frontier of finance. Taking advantage of more stable economies, ... About Economist.com • Our website Economist.com is the premier online source for the analysis of world business and current affairs, providing authoritative insight and opinion on international news, world politics, business, finance, science and technology, as well as overviews of cultural trends and regular industry, business and country special reports. Economist.com publishes all articles from The Economist print edition (including those printed only in British copies) plus a searchable archive of all The Economist’s articles back to June 1997. Links to other articles and to relevant sources on the web are included with many of the stories. Other Economist.com services include: News analysis — analysis of important news stories and issues, updated throughout the working week (http://www.economist.com) Today’s views — comprising our online-only columns, Correspondent’s Diary and Fair Exchange, a forum for debating economics (http://www.economist.com)

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Car rental Bucharest - http://www.carrental-bucharest.com

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Top World News

Obama to pitch trio of economic proposals in Ohio (AP)	AP - Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives Wednesday and voicing unwavering opposition to Bush-era tax breaks for the wealthy.
BP report blames itself, others for oil spill (AP)	AP - Oil giant BP PLC laid much of the blame for the rig explosion and the massive Gulf of Mexico spill on itself, other companies' workers and a complex series of failures in an internal report released Wednesday before a key piece of evidence has been analyzed.
Fla. minister: Sept. 11 Quran burn still planned (AP)	AP - The leader of a small Florida church that espouses anti-Islam philosophy said Wednesday he was determined to go through with his plan to burn copies of the Quran on Sept. 11, despite pressure from the White House, religious leaders and others to call it off.
GOP proposes renewing tax cuts, freezing spending (AP)	AP - House Republican Leader John Boehner onWednesday proposed a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before a deep recession took hold of the economy.
FBI: Aircraft searched, no credible threat found (AP)	AP - Investigators found no explosives aboard a Los Angeles-bound Thai Airways flight in which a bomb threat was found scrawled on a bathroom mirror, the FBI said Wednesday.

Business News

Romania To Back Moldova?s Efforts Toward EU Accession Regardless Govt Formula-FM	Romania maintains its policy to support Moldovan endeavors toward EU accession, regardless of the country?s government formula, foreign minister Adrian Cioroianu said Wednesday.
Rompetrol CEO Sees Bucharest As Balkans? Future Financial Capital	Rompetrol president Dinu Patriciu on Wednesday said Bucharest could become the ?financial capital? of Balkan area.
PM Calls For Caution In Investigations Regarding Nokia Plant In Romania	Romanian Prime Minister Calin Tariceanu said on Wednesday the country?s Anticorruption Department must handle with more care subjects regarding important investors like Finnish company Nokia in order not to scare the investors away.
Romanian Mobile Telephony Customers Top Country Population Number	Romania?s top three mobile telephony operators, Orange, Vodafone and Cosmote, had together 22.236 million customers at the end of 2007, exceeding by over half a million the population in the country, of 21.565 million people.
Romanian PM Says Min Liability Law Should Be Independent Technocrat Made	Romanian prime minister Calin Tariceanu said he wants a new law on minister liability that would make the ministers more responsible, but which does not leave the ministers ?at the hands of political abuse? by the presidency.
Romania Former WBO World Champ Mihai Leu Runs For Hunedoara Mayoralty	Romania?s Conservative Party on Thursday will present the candidacy of member Mihai Leu, former WBO World Champion, for mayor position in Hunedoara municipality, western country.
Romanian Govt Oks Electrica Muntenia Sud Sale To Italy?s Enel	The Romanian Government has approved the privatization of Romanian regional power distributor Electrica Muntenia Sud to Italy's utility Enel SpA (EN), Prime Minister Calin Popescu Tariceanu said Wednesday.
Romanian Tanks For Tires Case Suspended Pending Constitutional Court Decision	The trial in which Romanian retired generals Eugen Badalan and Mihai Popescu, among others, are charged with causing over EUR1.2 million in losses to the Army Ground Forces General Staff was suspended when the Supreme Court approved the exception of unconstitutionality raised by the defendants.