China to Unveil Massive Spending in Pakistan


China to Unveil Massive Spending in Pakistan
By Saeed Shah in Islamabad and Jeremy Page in Beijing
The Wall Street Journal Europe
Apr 17 2015

Chinese President Xi Jinping is set to unveil a $46 billion infrastructure spending plan in Pakistan that is a centerpiece of Beijing’s ambitions to open new trade and transport routes across Asia and challenge the U.S. as the dominant regional…read more…

Gulf Monarchies Seek To Lead the Arab World


Gulf Monarchies Seek To Lead the Arab World
BY YAROSLAV TROFIMOV
The Wall Street Journal Europe
Apr 17 2015

DUBAI— It is the hour of the Gulf monarchs in the Middle East. In the wake of the Arab Spring, the big countries that have traditionally dominated the Arab world are either struggling to rebuild institutions and economies shattered by unrest, as in…read more…

Europe Braces for Gridlock on Greece Deal


Europe Braces for Gridlock on Greece Deal
BYMARCUSWALKER
The Wall Street Journal Europe
Apr 17 2015

Europe is losing hope that Greece will adopt the economic policies needed to unlock bailout funds before it runs out of money. Policy makers across the euro currency zone are bracing themselves for brinkmanship in coming weeks that could lead to a…read more…

Second Political Upstart Gains in Spain


Second Political Upstart Gains in Spain
BY MATT MOFFETT
The Wall Street Journal Europe
Apr 17 2015

BARCELONA— Albert Rivera launched his political party nine years ago by posing nude in a campaign poster, his hands carefully arrayed to avoid an obscenity charge. Now, in a highly volatile election year in Spain, polls show the political upstart is…read more…

Putin Turns Sunnier On Russian Economy


Putin Turns Sunnier On Russian Economy
BY GREGORY L. WHITE AND ANDREY OSTROUKH
The Wall Street Journal Europe
Apr 17 2015

MOSCOW—Vladimir Putin said Russia has seen the worst of the economic troubles caused by Western sanctions and plunging oil prices, striking an upbeat tone in his annual call-in program. The bulk of the four-hour show Thursday—aired live on national…read more…

OPEC Sees U.S. Output Falling Soon


OPEC Sees U.S. Output Falling Soon
BY SUMMER SAID
The Wall Street Journal Europe
Apr 17 2015

The boom in U.S. oil supplies will end in 2015, the Organization of the Petroleum Exporting Countries said, joining other major energy forecasters this week in pointing to an imminent fall in American production. In its monthly market report, OPEC…read more…

EU Case Turns on â€�Search Bias’


EU Case Turns on â€�Search Bias’
BY ALISTAIR BARR
The Wall Street Journal Europe
Apr 17 2015

At the heart of the European Commission’s antitrust complaint against Google Inc. is the search giant’s alleged practice of highlighting its own shopping services in response to search queries, ahead of links to similar services run by rivals. Such…read more…

Japan Edges Past China As Top Creditor of U.S.


Japan Edges Past China As Top Creditor of U.S.
By Min Zeng in New York, Lingling Wei in Beijing and Eleanor Warnock in Tokyo
The Wall Street Journal Europe
Apr 17 2015

Japan dethroned China as the top foreign holder of U.S. Treasurys for the first time since the financial crisis, following a wave of purchases by buyers shifting money to the U.S. as Japan’s economic policies push down interest rates there. In…read more…

German Yields Dive As ECB Stays Firm


German Yields Dive As ECB Stays Firm
BY JOSIE COX
The Wall Street Journal Europe
Apr 17 2015

German government-bond yields sank to record lows again Thursday, a day after the European Central Bank underscored its commitment to buying vast amounts of top-rated debt to stimulate the region’s economic recovery. The yield on the country’s 30year…read more…