Asian Equities Slide as U.S. Fiscal Cliff Looms

Asian stocks slid for the first time in three days and the yen advanced as China’s Communist Party meets to pick a new leader and President Barack Obama’s re-election sets up a budget showdown. Oil gained.

Stocks Fall in Asia and the U.S.

Asian stocks slid the most in six weeks and the yen advanced as President Barack Obama’s re-election set up a showdown to avert the so-called fiscal cliff. New Zealand’s dollar declined after the nation’s unemployment rate unexpectedly surged.

Is Dubai the Next Kuala Lumpur?

In this episode of Faith in Finance Dubai is in the spotlight. Can it compete against Malaysia and Saudi Arabia in the market for Islamic finance?

Is Shanghai Ever Going to Be the Paris of the East?

Bloomberg's Margaret Conley reports on Shanghai's rapid economic growth and looks at what the city has to do to become the Paris of the east.

Orecchiette con Cime di Rapa | Euromaxx a la carte

Published on Nov 7, 2012 by deutschewelleenglish

Anna Calia is the head chef at the Regia Corte restaurant in the town of Matera in southern Italy's Basilicata region. Anna serves up "Orecchiette with cime di rapa" - handmade ear pasta with turnip greens - a vegetalbe similar to broccoli.

Want to cook like the pros?
http://www.dw.de/program/euromaxx-à-la-carte/s-7613-9798

Futuristic and Sustainable Designs | Euromaxx

Published on Nov 7, 2012 by deutschewelleenglish

We take a look at the futuristic and sustainable designs of Catalan architect Enric Ruiz-Geli. His buildings boast low energy consumption and heat storage systems - and actually produce their own electricity. Just a few of the reasons why his practice Cloud Nine Studio has reaped an array of awards.

More euromaxx: http://www.dw.de/euromaxx-lifestyle-europe-2012-11-06/e-16314878-9798

Merkel presses for greater political and economic cooperation

Published on Nov 7, 2012 by Euronews

http://www.euronews.com/ German Chancellor Angela Merkel has called for an ambitious, concrete plan for closer fiscal and economic integration in the EU. In a speech at the European Parliament in Brussels, she expressed hope that her plan could be agreed on at a summit later in December.

Angela Merkel, German chancellor:
"Closer economic and monetary integration needs a common economic policy. There was and still is a lack of politico-economic coordination. For instance, it's not possible to ask for more competitive ability on a national level in the monetary union as a basis for growth and jobs and - if there is a need - to enforce it."

Merkel pressed for the harmonisation of financial market regulation, closer fiscal and economic policy integration, and steps to ensure greater democratic legitimacy for European level decisions.

Rebecca Harms
European Parliament Greens' group co-leader:
"Merkel's plans take too long. The divergent European policies are becoming an ever bigger problem."

Yet more food for thought then, for the Chancellor tasked with steering the eurozone out of it's economic crisis.

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U.S result gives no clarity to Europe (2:02)

Nov.07 - While Obama's approach will help protect Europe's export market, the so-called fiscal cliff still poses a problem to Europe's recovery. Joanne Nicholson reports

Gangnam Santas dance for a good cause (0:28)

Nov. 05 - Santas in Sydney, Australia help promote a charity fun run for special needs kids. Rough Cut (no reporter narration)

An elephantine beginning to Christmas as Paris' Galeries Lafayette turns on its holiday lights (0:42)

An elephantine beginning to Christmas as Paris' Galeries Lafayette turns on its holiday lights (0:42)