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____Bulgaria
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Applicant countries: ____Croatia

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also: Former Yugoslav Republic of Macedonia
____Ireland?

(list may not be complete) Member States: "27 countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK; note - Canary Islands (Spain), Azores and Madeira (Portugal), French Guiana, Guadeloupe, Martinique, and Reunion (France) are sometimes listed separately even though they are legally a part of Spain, Portugal, and France; candidate countries: Croatia, Macedonia, Turkey."

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EU News:

20080630

John McCain

Tom Loeffler

Susan E Nelson

Gordon England

EADS

European

Military

Aircraft

Manufacturing

Politics

Government

Auditors

2008 Election

"McCain’s Boeing Battle Boomerangs." ... "Government auditors ruled that the Air Force made "significant errors" when it rebid the [aerial refueling tanker] contract and awarded the $35 billion project to Boeing's chief rival, partners European Aeronautic Defense and Space Co. [Company] (or EADS) and Northrop Grumman. It's likely the Air Force will have to redo the bid yet again, which analysts say will delay the replacement of the fleet's 1950s-era refueling tankers. The auditors' ruling has also cast light on an overlooked aspect of [2008 Election Republican Presidential Candidate John] McCain's crusade: five of his campaign's top advisers and fund-raisers—including Tom Loeffler, who resigned last month as his finance co-chairman, and Susan Nelson, his finance director—were registered lobbyists for EADS." ... "Critics, including some at the Pentagon, cite in particular two tough letters McCain wrote to Deputy Secretary of Defense Gordon England in 2006 and another to Robert Gates, just prior to his confirmation as Defense secretary. In the first letter, dated [September] Sept. 8, 2006, McCain wrote of hearing from "third parties" that the Air Force was about to redo the tanker competition by factoring in European government subsidies to EADS—a condition that could have seriously hurt the EADS bid. McCain urged that the Pentagon drop the subsidy factor and posed a series of technical questions about the Air Force's process. "He was trying to jam us and bully us to make sure there was competition by giving EADS an advantage," said one senior Pentagon official, who asked for anonymity when discussing a politically sensitive matter. The assumption within the Pentagon, the official added, was that McCain's letters were drafted by EADS lobbyists. "There was no one else that would have had that level of detail," the official said." -By Michael Isikoff

-Newsweek

20080509

Oil - Government - New York - Missouri - US - Euro - History - "Oil Climbs Above $126 to Record as Dollar Weakens Against Euro." ... "Crude oil for June delivery rose $2.27, or 1.8 percent, to a record closing price of $125.96 a barrel at 2:55 p.m. on the New York Mercantile Exchange. The contract surged to $126.27 today, the highest since futures began trading in 1983. Prices are up 8.3 percent this week, the biggest weekly gain in more than a year. Futures have more than doubled in the past year." ... "The dollar fell 9.6 percent since Sept. 18, when the Federal Reserve began cutting rates to ease financial-market strains and stave off a recession. The U.S. [United States] central bank cut rates seven times while the ECB [European Central Bank] has left rates unchanged. The dollar fell 0.6 percent to $1.5483 per euro at 3:27 p.m. in New York." ... "``Fed policy is accommodating the rise in energy prices,'' said Bill O'Grady, director of fundamental futures research at Wachovia Securities in St. Louis [Missouri]. ``The Fed and federal government are putting more liquidity in people's pockets, which is being spent on expensive oil.''" ... "The U.S. government started sending $117 billion in tax rebate checks last week as part of its fiscal stimulus plan." ... "Heating oil for June delivery climbed 12.62 cents, or 3.6 percent, to close at a record $3.636 a gallon in New York." ... "Gasoline futures for June delivery rose 6.34 cents, or 2 percent, to $3.2012 a gallon in New York after reaching a record $3.2038 today." ... "Regular gasoline, averaged nationwide, rose 2.6 cents to a record $3.671 a gallon, AAA, the nation's largest motorist organization, said today." -By Mark Shenk -Bloomberg

20080317

World - US dollar - Japan yen - Swiss franc - EU Euro - Oil - History - "Stocks Tumble Around World, Dollar Declines After Fed Cuts Rate." ... "Stocks fell around the world and the dollar tumbled after the Federal Reserve cut its discount interest rate at an emergency meeting and JPMorgan Chase & Co. agreed to buy Bear Stearns Cos. for $2 a share. Bonds, gold and crude oil climbed." ... "Global stock markets lost $2.4 trillion in market value from a peak in October as of March 14. That partly reflects the slump in the U.S. dollar." ... "The dollar weakened to as low as 95.76 yen, a level not seen since August 1995, from 99.09 on March 14. It dropped to a record low of $1.5903 per euro and an all-time low of 0.9658 Swiss francs." ... "Gold for immediate delivery climbed as much as 3 percent to a record $1,032 an ounce as investors sought a haven against the weakening dollar. Crude oil gained as much as 1.4 percent to a high of $111.80 a barrel." ... "Bear Stearns plunged 90 percent to $2.88 after JPMorgan agreed to buy the bank." ... "Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, lost 27 percent to $28.60." -By Patrick Rial -Bloomberg

20080312

John McCain - Corporate - Politics - European - Built - Planes - US - Military - Government - Space - Arizona - Los Angeles - California - Texas - 2008 Election - "McCain Advisers Lobbied for Europeans to Win Air Force Tanker Deal." ... "A co-chairman of [2008 Election Republican Presidential Candidate and Arizona] Senator John McCain’s presidential campaign and other top campaign advisers and supporters were lobbyists for the European Aeronautic Defense and Space Company, part of a group that beat out Boeing for a $35 billion contract to build aerial refueling tankers for the Air Force." ... "Boeing, which has filed an appeal with the Government Accountability Office, is expected to focus at least in part on Mr. McCain’s role in the deal, including letters that he sent urging the Defense Department, in evaluating the tanker bids, not to consider the potential effects of a separate United States-Airbus trade dispute." ... "That contract was won by the European Aeronautic Defense and Space Company, known as EADS, the corporate parent of Airbus, and Northrop Grumman, the military contractor based in Los Angeles [California]." ... "Mr. McCain’s campaign co-chairman, former Representative Thomas Loeffler, a Texas Republican, also runs a lobbying firm, the Loeffler Group, which earned $220,000 working for EADS in 2007. Mr. Loeffler was the McCain campaign national finance chairman when his firm was hired to lobby for EADS." ... "Two other Loeffler executives who were registered to lobby for EADS are now top campaign advisers for Mr. McCain: Susan Nelson, the finance director, and William L. Ball III, the former Navy secretary. Ms. Nelson and Mr. Ball left the lobbying firm to join the campaign." ... "Another major money raiser for Mr. McCain, Wayne Berman, who was named vice chairman of the campaign last year, also worked for EADS through another lobbying firm, Ogilvy Government Relations, where he is a partner. Ogilvy earned $240,000 from EADS in 2007." ... "Also supporting Mr. McCain and lobbying on behalf of EADS was Kirk Blalock, a national chairman of Young Professionals for McCain and a former aide to [Republican] President Bush. Mr. Blalock’s lobbying firm, Fierce, Isakowitz & Blalock, earned $320,000 from EADS in 2007, according to disclosure forms required by Congress. " -By David M. Herszenhorn with contributions by Michael Cooper and Steven R. Weisman -NYTimes
John McCain - European - Planes - Manufacturing Plant - Jobs - US - Military - Lawmaker - Politics - Arizona - Washington - Kansas - 2008 Election - "McCain's Role in Plane Pact Spotlights Ties to Lobbyists." ... "To show that he's a crusader against wasteful spending and congressional corruption, [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain repeatedly brags about his leading role in stopping a scandal-plagued air tanker contract between the Air Force and Boeing in 2004." ... "Four years later, a $35 billion contract has been awarded to Europe's Airbus consortium to build the latest generation of tanker planes. The decision has sparked anger from Boeing's congressional supporters and critics of outsourcing. It has also focused attention on McCain's reliance on lobbyists in his campaign for president because his finance chairman and several other top advisers lobbied for Airbus last year when it was in fierce competition with Boeing for the Air Force contract." ... "McCain has spoken out for years against the influence of special interests in Washington, but his campaign includes a number of prominent Washington lobbyists, including campaign manager Rick Davis, who founded a lobbying firm, and top political adviser, Charles R. Black Jr., chief executive of a well-known Washington firm. Neither of them lobbied for Airbus." ... "McCain finance chairman Thomas G. Loeffler and Susan E. Nelson, who left Loeffler's lobbying firm to be McCain's finance director, both began lobbying for Airbus's parent company in 2007, Senate records show. William L. Ball III, a former secretary of the Navy and frequent McCain surrogate on the trail, also lobbied for Airbus, as did John Green, who recently took a leave from Ogilvy Public Relations to serve as McCain's legislative liaison." ... "Democratic and Republican lawmakers in Washington state, where Boeing has long had a significant presence, have lambasted McCain for laying the groundwork for a decision that will cost their economy thousands of aerospace jobs. Lawmakers in Kansas, where Boeing has a plant, have also been critical." (1, 2) -By Michael D. Shear and Matthew Mosk with contributions by Jeffrey H. Birnbaum -WashingtonPost
John McCain - European - Aircraft - US - Military - Politics - California - 2008 Election - "McCain under fire over aides' role in air tanker deal." ... "[2008 Election Republican Presidential Candidate] John McCain faced fresh scrutiny of his role in the award of a $35bn (£17bn) Pentagon contract to EADS [European Aeronautic Defense and Space Company] yesterday after it emerged that some of his top advisers lobbied for the European aerospace group to win the deal." ... "Mr McCain, the presumptive Republican presidential nominee, has portrayed himself as a neutral watchdog in the long battle between EADS and Boeing to supply a new generation of refuelling tanker aircraft to the US air force. But the revelation that three of his aides lobbied for EADS threatened to deepen the perception that Mr McCain helped steer one of the biggest military procurement contracts in recent years into foreign hands." ... "EADS recruited the Loeffler Group, run by Tom Loeffler, the national finance co-chair of the McCain campaign, last year to help it lobby for the contract. Susan Nelson, a former Loeffler lobbyist who represented EADS, also later joined the McCain campaign as finance director. John Green, a lobbyist for Ogilvy Government Relations, worked for EADS before joining the McCain campaign on a volunteer basis recently." ... "Critics, including [California Democratic Representative and House Speaker] Nancy Pelosi, the Democratic House speaker, have accused Mr McCain of complicity in "outsourcing" the contract to Europe." -By Andrew Ward -FT.com

20080311

John McCain - Bob Riley - European - Plane - Maker - Politics - US - Military - Arizona - Alabama - 2008 Election - "McCain Received Defense Firm Cash After Backing Its Contract." ... "Critics on Tuesday questioned whether [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain catered to special interests when he aggressively threw his support behind a $35 billion Pentagon contract for a European plane maker." ... "McCain, the presumptive GOP [GOP=Grand Old Party=Republican] presidential nominee, played a crucial role in blocking the deal to build air tankers from going to U.S.[United States]-based Boeing, instead paving the path for EADS [European Aeronautic Defense and Space Company] to score the loot. He framed his decision as an example of political integrity; Boeing has previously been exposed of contract abuse. But a review of campaign finance donations and lobbying records suggests that money and personal lobbying may have also been in play." ... "On January 15, 2007, McCain appeared at Alabama [Republican Governor] Gov. Bob Riley's gubernatorial swearing in ceremony and formally called for multiple bidders in the tanker deal. The push for an open process had only one true beneficiary, however, and that was the Northrop Grumman/EADS consortium, which was poised to be Boeing's sole competitor." ... "A day after McCain made his proclamation, the contributions began to flow. John Green, a lobbyist for EADS donated $2,100 to the senator's presidential campaign. Ten days after that, Michelle Lammers, the "Chief of Staff" for EADS North America, gave $250 to the McCain campaign. It was her first political contribution ever. Less than a month later, the long-time head of EADS' government affairs program, Samuel Adcock, made a $2,100 donation to McCain. And eleven days later, Ralph Crosby, the head of EADS North America, donated $2,300 himself." ... "All told, as documented earlier by CQ PoliticalMoneyline, McCain received more than $15,000 from EADS and its subsidiary, Airbus North America. Not only was this the highest amount received by any federal candidate, but prior to 2006, not a single employee from EADS had ever contributed to McCain. Two Airbus employees did donate nearly $4,000 for his 2000 run at the White House." -By Sam Stein -HuffingtonPost.com
John McCain - US - European - Military - Plane - Manufacturing - Politics - 2008 Election - Arizona - Texas - Illinois - "McCain Advisers Lobbied for Airbus." ... "Top current advisers to [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain's presidential campaign last year lobbied for a European plane maker that beat Boeing to a $35 billion Air Force tanker contract, taking sides in a bidding fight that McCain has tried to referee for more than five years." ... "Two of the advisers gave up their lobbying work when they joined McCain's campaign. A third, former Texas [Republican Representative] Rep. Tom Loeffler, lobbied for the European Aeronautic Defence and Space Co. while serving as McCain's national finance chairman." ... "EADS is the parent company of Airbus, which teamed up with U.S.-based Northrop Grumman Corp. to win the lucrative aerial refueling contract on Feb. 29. Boeing Co. Chairman and CEO Jim McNerney said in a statement Monday that the Chicago[Illinois]-based aerospace company "found serious flaws in the process that we believe warrant appeal."" ... "EADS retained Ogilvy Government Relations and The Loeffler Group to lobby for the tanker deal last year, months after McCain sent two letters urging the Defense Department to make sure the bidding proposals guaranteed competition." ... "According to lobbying records filed with the Senate, Loeffler Group lobbyists on the project included Loeffler; Susan Nelson, who left the firm and is now the campaign's finance director and former Secretary of the Navy William Ball III, who has campaigned for McCain. Ogilvy lobbyist John Green, who was assigned the EADS work, recently took a leave of absence to volunteer for McCain as the campaign's congressional liaison." ... "So far this election cycle, [EADS] company employees have donated $120,350 [in political contributions]. Of that, McCain's presidential campaign has received $14,000, the most of any other member of Congress this election cycle." -By Jim Kuhnhenn and Matthew Daly with contributions by Glen Johnson and Libby Quaid -AP via -SeattleTimes

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20080307

John McCain - France - European Union - US - Military - Aircraft - Manufacturers - Money - Jobs - 2008 Election - Arizona - Los Angeles - California - Seattle - Washington - Illinois - "Boeing backers blame McCain for losing deal." ... "Supporters of The Boeing Co. blame [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain, the presumptive Republican presidential nominee, for the company's failure to win the lucrative $35 billion contract to build new Air Force aerial refueling tankers." ... "The Air Force last week awarded the contract to a team of Airbus parent EADS and Northrop Grumman Corp., triggering a firestorm from Boeing advocates who said the victory by the European-led consortium ignored American national security interests and would cost U.S. jobs." ... "Boeing advocates say McCain was a major force behind the Air Force decision to ignore the issue of government subsidies to Airbus when the tanker contract was put up for competitive bidding last year." ... "The issue of European government subsidies for Airbus has been raised for years by Boeing supporters who claim that those financial breaks have allowed the Toulouse, France-based company to undercut Boeing's prices and thus gain market share in the global competition between the two aircraft manufacturers. (Both the U.S. and the European Union, which claims Boeing also receives subsidies, have filed cases with the World Trade Organization.)" ... "Boeing advocates assert that those same subsidies helped European Aeronautic Defense and Space Co. and Los-Angeles[California]-based Northrop Grumman win the Air Force tanker project, with a value that could eventually top $100 billion." ... ""The only reason that (Airbus) could even bid a low price is because they receive a subsidy," said [Washington Democratic Representative] Rep. Norm Dicks, D-Wash., whose Seattle-area district includes thousands of Boeing workers. "Senator McCain jumped into this and said that they (the Air Force) could not look at the subsidy issue, which I think is a big mistake," he told PBS." ... "McCain himself has received support from the EADS North America executive suite. He has received more than $12,000 in campaign donations from some of the company's top U.S. officials, support that continued even as his presidential campaign was foundering in mid- to late 2007." ... "McCain's donors include EADS North America Chief Executive Officer Ralph Crosby and Senior Vice President of Government Relations Samuel Adcock." ... ""The person that stopped (the tanker) from going to a U.S. company was Senator McCain," said [Illinois Democratic Represenative Rahm] Emanuel, "and now we are going to send major high-paying jobs overseas."" -By Eric Rosenberg with contributions by Daniel Lathrop -SeattlePI

20080227

US- EU - Swiss - UK - New York - Oil - "Dollar slides to new lows after Fed warning." ... "There were records for the euro, which climbed as high as $1.5143 by midday in New York, and the Swiss franc, which hit SFr1.0624. Sterling, which had earlier fallen against the dollar due to weak UK [United Kingdom] growth data, Came back up to $1.9921." ... "The dollar index, a measure of the US [United States] unit’s strength against a basket of currencies, fell to a record low of 74.181. " ... "Oil prices also hit records. Nymex West Texas intermediate soared to $102.08, before edging back to $101.25. Brent crude rose to $100.53 as investors hedged against the weaker dollar." ... "Gold, which is often used as a hedge against inflation when oil prices rise, hit a fresh peak of $964.70 a troy ounce, and helped lift other precious metals. Silver rose to $19.43 its highest level since November 1980." -By Neil Dennis and Krishna Guha -FT.com

20080201

Microsoft - Computer - Search Engine - Internet - US - European Union - "Microsoft wants to purchase Yahoo: Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares." ... "The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday." ... "Yahoo cut its revenue forecasts earlier this week and said it would have to spend an additional $300m this year trying to revive the company." ... "It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft." ... "If Yahoo accepted the offer, competition authorities both in the US and the European Union would be likely to investigate the tie-up." ... "Yahoo chief executive, Jerry Yang, announced on Tuesday that he intended to lay off 1,000 staff as part of a restructuring plan." ... "Yahoo shares have fallen 46% since reaching a year-high of $34.08 in October. On Friday they closed almost 48% higher." -BBC/News

20080117

UK - Russia - European Union - "U.K. Slams Russian `Cold War' Tactics, Shuts Offices (Correct)." ... "The U.K. [United Kingdom] accused Russia of ``reprehensible'' Cold War tactics that forced Britain's cultural promotion body to close its last two offices outside Moscow after ``blatant intimidation'' of staff." ... "Russia's actions are ``not worthy of a great country,'' U.K. Foreign Secretary David Miliband told Parliament in London [United Kingdom's capital] today. ``We saw similar actions during the Cold War, but frankly thought they had been put behind us.''" ... "The British Council shut its branches in St. [Saint] Petersburg [Russia] and Yekaterinburg [Russia], saying the Russian government had made it ``impossible'' for the U.K. cultural promotion body to operate." ... "The dispute inflamed tensions between Russia and the U.K., whose ties were already at a post-Cold War low since the 2006 murder in London of dissident ex-Russian agent Alexander Litvinenko. Russia also found itself at odds with the 27-nation European Union, which criticized the ``harassment'' of the British Council. " -By Henry Meyer and Sebastian Alison -Bloomberg

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