Roberto Abraham Scaruffi

Tuesday, 15 March 2011


The Wall Street Journal Online - Today's Paper: Europe
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March 15, 2011 -- 5:30 a.m. CET
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FRONT SECTION
1 Renault Apologizes to Fired Employees
Renault's Carlos Ghosn apologized to three senior managers the company fired after wrongly accusing them of espionage. The CEO refused to accept his operating chief's resignation over the dismissal.


Death Toll Surges as Rescuers Scramble
Search-and-rescue efforts recovered more bodies in hard-hit areas across a broad swath of the northeastern coast of Japan's main island on Tuesday. Meanwhile, the nation's humanitarian and nuclear crisis appeared to take a turn for the worse four days after the earthquake and tsunami.


2  AGENDA: We're Losing All the Fun of Budget Day   3 Deal 'Itch' Gets Scratched   4 Atomic Plan Stirs German Elections EU Mulls Board to Review Foreign Investments Euro-Zone Ministers Stall on Bailout Details   6 Tokyo rushes back to work, slowly Japanese Headwind May Hit Asia's Economies   7 A Nation's Vigil of Hope and Loss   8 Nuclear Risk Rising in Japan Crisis Revives Doubts on Regulation   9 Donors Told Obama in Weaker Position To Avert Criticism, Fed Avoids Saying 'Core'   10 Saudis Send Force to Bolster Bahrain  CAPITAL JOURNAL: Iran Looms Large in Libya Decisions   11 Gadhafi Closes In, as Allies Huddle Pakistan Delays Ruling on CIA Immunity   12 Taliban Bombing Campaign Hits Afghan North China's Wen Urges Political Shift Ivory Coast Fighting Escalates
 
OPINION
13 Nuclear Overreactions
Modern life requires learning from disasters, not fleeing all risk.


Common, Consolidated and Irrelevant
A single tax base is one way to avoid tackling the real barriers to European business.


Democrats vs. Obama on Trade
A 'no brainer' for everyone except the White House.


14 OPINION Gazprom and the Rule of EU Law   STEPHEN BAKER: Watson Is Far From Elementary   15 OPINION   WILLIAM TUCKER: Japan Does Not Face Another Chernobyl  THE AMERICAS: Homecoming for Haitians
 
FRONT SECTION
16 Amid War on a Mystery Disease, Patients Clash With Scientists
Patients say scientists haven't worked hard enough to find the cause of chronic fatigue syndrome. Scientists say some patient advocacy slows research.



 
FRONT SECTION
28 Quiet Champ Leaves His Mark
Chris John is a 13-time defending world boxing champion. So why doesn't The Dragon from Indonesia have his name up in lights in Las Vegas?


Tip of the Day
Olympique Marseille will attempt to make history when it travels to Manchester United in the Champions League's round of 16.


29 Supreme Night Court: Judges Relax By Trying the Fictitious and the Dead   30  WORLD AT A GLANCE: World Watch   31  BUSINESS AT A GLANCE: Business Watch

 
19 Nasdaq Is Nearing Rival Bid for NYSE
Nasdaq, aiming to upend a deal between Deutsche Börse and NYSE Euronext, moved closer to making a competing bid for the New York Stock Exchange operator.


Deutsche Bank Sells Headquarters for $835 Million
The German bank sold its pair of reflective glass towers, nicknamed Debit and Credit, to one of its closed-end real-estate funds after an expensive renovation.


20 Microsoft Adds Do-Not-Track Tool to Browser Puma Names New CEO   21 French Firms Face New Fears Over Reactors China Orders Ships in Carlyle-Led Deal   22  THE GAME: Hershey Discovers Sweet Taste of Losing Cover-Up To Hide Stock Tips Is Alleged   23 Insurance, Nuclear Worries Hit European Stocks   24 Tokyo Falls 6.2%; Other Asian Markets Mixed Quake's Insurance Tab Could Run $35 Billion Morgan Stanley's Asia Chief to Return to U.S.   27  BOSS TALK: Corona Brewer Drinks to Family Business Firms Revisit Whistleblowing
 
32 HEARD ON THE STREET
BP might find its Russian solution costly
In its rush to sign up with Rosneft to explore the Arctic, it increasingly looks like BP glossed over some thorny details.


HEARD ON THE STREET
New Insurance Rules Risk Accidental Damage
If the insurance industry is to continue playing a full role in the financial system as a provider of equity, long-term funding and hedging, the regulators may need to rethink its Solvency II reforms.


HEARD ON THE STREET
Europe Buys Breathing Space
It doesn't qualify as a grand bargain, but the latest European efforts to draw a line under the sovereign-debt crisis went further than the market had expected.


OVERHEARD: Fast-Car Slowdown
Fast-car-loving U.K. executives—and football stars—are in for a financial blow. Drivers of company cars currently pay annual income tax on their cars, but the tax is capped when the underlying car's value exceeds £80,000 ($128,700), meaning owners face a maximum tax bill of £14,000. That cap will disappear after April 6, due to a decision made by the previous Labour government in 2009, which the current administration hasn't reversed. Accounting firm Baker Tilly says that means, for example, that the owner of a Ferrari 612 worth £222,000 could be liable for income tax of £39,000 next year. The extra tax is most likely to hit bosses of small owner-run businesses who have used the tax break to buy themselves a Mercedes or the like. But soccer players who drive sponsored cars could be hit as well—worse than a red card, for many.