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  <title><![CDATA[GCC: Can The Arab Gulf States Form A Political And Economic Union To Rival The EU And Shut Out Iran?]]></title>
  <description><![CDATA[The contemplated union of Saudi Arabia and Bahrain forms only one part of a potentially much wider alliance -- the political, military and economic integration of the Gulf Cooperation Council (GCC), which comprise Saudi Arabia, Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE) and Oman.]]></description>
  <guid>http://www.ibtimes.com/articles/345737/20120526/gcc-arab-gulf-states-saudi-arabia-kuwait.htm</guid>
  <link>http://www.ibtimes.com/articles/345737/20120526/gcc-arab-gulf-states-saudi-arabia-kuwait.htm</link>
  <pubDate>Sat, 26 May 2012 13:30:59 EDT</pubDate>
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  <title><![CDATA[Moscow’s Airport Battle: How The Kremlin Is Moving To Wrest Control Of A $5 Billion Facility From Oligarchs]]></title>
  <description><![CDATA[It’s between the government and the private owners of Domodedovo, with the former trying by many accounts to pry control of Russia&#039;s most lucrative airport from the shadowy company that runs it.]]></description>
  <guid>http://www.ibtimes.com/articles/345735/20120526/moscow-domodedovo-russia-business-putin.htm</guid>
  <link>http://www.ibtimes.com/articles/345735/20120526/moscow-domodedovo-russia-business-putin.htm</link>
  <pubDate>Sat, 26 May 2012 13:24:48 EDT</pubDate>
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  <title><![CDATA[Why India Should Hike Diesel Prices]]></title>
  <description><![CDATA[Fearing a political backlash, the Indian government has postponed the decision to hike the diesel prices for the time being. However, economists feel that it is time the government deregulated the prices of diesel and stopped subsidizing them.]]></description>
  <guid>http://www.ibtimes.com/articles/345733/20120526/why-india-increase-diesel-prices-deregulate-fuel.htm</guid>
  <link>http://www.ibtimes.com/articles/345733/20120526/why-india-increase-diesel-prices-deregulate-fuel.htm</link>
  <pubDate>Sat, 26 May 2012 12:29:44 EDT</pubDate>
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  <title><![CDATA[US Cities with Most Underwater Mortgage [SLIDESHOW]]]></title>
  <description><![CDATA[The persistent downturn in the US has taken a toll on mortgage debt in some of the major cities with homes continuing to be underwater about six years after home prices peaked, a recent report reveals.]]></description>
  <guid>http://www.ibtimes.com/articles/345687/20120526/cities-underwater-mortgage-housing-crisis-slideshow.htm</guid>
  <link>http://www.ibtimes.com/articles/345687/20120526/cities-underwater-mortgage-housing-crisis-slideshow.htm</link>
  <pubDate>Sat, 26 May 2012 05:46:11 EDT</pubDate>
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  <title><![CDATA[More Sympathy to Sub-Saharan Africa than Greece: IMF Chief Christine Lagarde]]></title>
  <description><![CDATA[IMF Chief Christine Lagarde says she is more worried about poverty in Sub-Saharan Africa than those facing poverty in Greece.]]></description>
  <guid>http://www.ibtimes.com/articles/345680/20120526/greek-exit-imf-chief-christian-lagarde-austerity.htm</guid>
  <link>http://www.ibtimes.com/articles/345680/20120526/greek-exit-imf-chief-christian-lagarde-austerity.htm</link>
  <pubDate>Sat, 26 May 2012 05:04:28 EDT</pubDate>
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  <title><![CDATA[Cookie Law Deadline Ends, Majority of UK Online Retailers Yet to Comply]]></title>
  <description><![CDATA[The UK cookie law is part of the European Union e-privacy directive introduced in 2003.]]></description>
  <guid>http://www.ibtimes.com/articles/345670/20120526/uk-cookie-law-comes-effect-online-privacy.htm</guid>
  <link>http://www.ibtimes.com/articles/345670/20120526/uk-cookie-law-comes-effect-online-privacy.htm</link>
  <pubDate>Sat, 26 May 2012 03:25:33 EDT</pubDate>
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  <title><![CDATA[Bankia Seeks €19bn Rescue, Fears of Spanish Bailout Mount]]></title>
  <description><![CDATA[Bankia restated its 2011 results putting the loss at €2.98bn against the earlier reported €309m profit.]]></description>
  <guid>http://www.ibtimes.com/articles/345650/20120526/spain-bankia-bailout-junk-rating-european-union.htm</guid>
  <link>http://www.ibtimes.com/articles/345650/20120526/spain-bankia-bailout-junk-rating-european-union.htm</link>
  <pubDate>Sat, 26 May 2012 00:45:46 EDT</pubDate>
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  <title><![CDATA[The Pain In Spain: Bankia Bailout, 5 Credit-Rating Downgrades]]></title>
  <description><![CDATA[Spain&#039;s Bankia S.A. requested the country&#039;s government provide it with a bailout worth €19 billion ($24 billion) on Friday, the same day Standard & Poor&#039;s Ratings Services said it lowered its ratings on five financial institutions based in the Iberian nation.]]></description>
  <guid>http://www.ibtimes.com/articles/345643/20120525/spain-spanish-banking-crisis-bankia-financial-catalonia.htm</guid>
  <link>http://www.ibtimes.com/articles/345643/20120525/spain-spanish-banking-crisis-bankia-financial-catalonia.htm</link>
  <pubDate>Fri, 25 May 2012 23:30:19 EDT</pubDate>
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  <title><![CDATA[US Stocks - Time To 'Sell In May And Go Away'?]]></title>
  <description><![CDATA[You can&#039;t blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, with the Dow Jones Industrial Average’s (DJIA) recent slide from 13,300 to 12,450 unnerving even the most experienced institutional investors. Where’s the market headed in the next six months?.]]></description>
  <guid>http://www.ibtimes.com/articles/345627/20120525/dow-stocks-djia-technical-earnings-revenue-economy.htm</guid>
  <link>http://www.ibtimes.com/articles/345627/20120525/dow-stocks-djia-technical-earnings-revenue-economy.htm</link>
  <pubDate>Fri, 25 May 2012 17:37:15 EDT</pubDate>
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  <title><![CDATA[In Lehman's Archstone Deal, 'Grave Dancer' Sam Zell Wins Again]]></title>
  <description><![CDATA[Sam Zell, the Chicago real-estate mogul, has become so well-known for feasting on distressed assets that he&#039;s been called the &quot;grave dancer.&quot; This week, Zell took the nickname to the next level: He&#039;s about to receive $70 million from a ghost.]]></description>
  <guid>http://www.ibtimes.com/articles/345625/20120525/archstone-lehman-sam-zell.htm</guid>
  <link>http://www.ibtimes.com/articles/345625/20120525/archstone-lehman-sam-zell.htm</link>
  <pubDate>Fri, 25 May 2012 17:34:58 EDT</pubDate>
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  <title><![CDATA[Investors Love Rio: Why Foreign Companies Are Buying Into Brazil's Real Economy]]></title>
  <description><![CDATA[Investing in Brazil&#039;s booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation&#039;s financial industry to putting it into the real economy of South America&#039;s largest nation.]]></description>
  <guid>http://www.ibtimes.com/articles/345624/20120525/brazil-foreign-investment-brazilian-real-ge-takeda.htm</guid>
  <link>http://www.ibtimes.com/articles/345624/20120525/brazil-foreign-investment-brazilian-real-ge-takeda.htm</link>
  <pubDate>Fri, 25 May 2012 17:28:23 EDT</pubDate>
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  <title><![CDATA[Japan’s Renesas Electronics May Ax 14,000]]></title>
  <description><![CDATA[Renesas Electronics (Tokyo: 6723), one of Japan&#039;s biggest chip-makers, could fire as many as 30 percent of those on its payroll, or 14,000 workers.]]></description>
  <guid>http://www.ibtimes.com/articles/345620/20120525/renesas-chips-japan-fire-micron.htm</guid>
  <link>http://www.ibtimes.com/articles/345620/20120525/renesas-chips-japan-fire-micron.htm</link>
  <pubDate>Fri, 25 May 2012 17:00:09 EDT</pubDate>
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  <title><![CDATA[French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?]]></title>
  <description><![CDATA[French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the &quot;good news,&quot; some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself.]]></description>
  <guid>http://www.ibtimes.com/articles/345581/20120525/sign-euro-zone-crisis-fatigue-greek-exit.htm</guid>
  <link>http://www.ibtimes.com/articles/345581/20120525/sign-euro-zone-crisis-fatigue-greek-exit.htm</link>
  <pubDate>Fri, 25 May 2012 14:33:27 EDT</pubDate>
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  <title><![CDATA[What Would An Independent Scotland Look Like?]]></title>
  <description><![CDATA[However, it remains far from certain that the Scottish public even wants independence.]]></description>
  <guid>http://www.ibtimes.com/articles/345567/20120525/scotkland-independence-union-uk-london-salmond-snp.htm</guid>
  <link>http://www.ibtimes.com/articles/345567/20120525/scotkland-independence-union-uk-london-salmond-snp.htm</link>
  <pubDate>Fri, 25 May 2012 13:53:46 EDT</pubDate>
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  <title><![CDATA[Airbus Smells Good Business In Wider Plane Seats For Bigger Americans]]></title>
  <description><![CDATA[U.S. government data says that one American in three is obese -- and a European plane maker sees it as a sales opportunity.]]></description>
  <guid>http://www.ibtimes.com/articles/345555/20120525/airbus-boeing-airlines-seats-320-obese-obesity.htm</guid>
  <link>http://www.ibtimes.com/articles/345555/20120525/airbus-boeing-airlines-seats-320-obese-obesity.htm</link>
  <pubDate>Fri, 25 May 2012 13:02:03 EDT</pubDate>
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  <title><![CDATA[US Consumer Sentiment Rises To Highest Level In More Than 4 Years]]></title>
  <description><![CDATA[Consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households expected to see bigger wage increases, a survey released on Friday showed.]]></description>
  <guid>http://www.ibtimes.com/articles/345544/20120525/consumer-sentiment-spending-michigan-gdp-jobs-economy.htm</guid>
  <link>http://www.ibtimes.com/articles/345544/20120525/consumer-sentiment-spending-michigan-gdp-jobs-economy.htm</link>
  <pubDate>Fri, 25 May 2012 12:39:39 EDT</pubDate>
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  <title><![CDATA[Mortgage Executive Sells 15 Central Park West Condo For $23.3 Million, Twice What He Paid]]></title>
  <description><![CDATA[The CEO of a New York commercial mortgage company sold his personal condo at 15 Central Park West, one of the most expensive buildings in the world, for $23.3 million, according to city records filed Friday.]]></description>
  <guid>http://www.ibtimes.com/articles/345542/20120525/15-central-park-west-william-lawrence.htm</guid>
  <link>http://www.ibtimes.com/articles/345542/20120525/15-central-park-west-william-lawrence.htm</link>
  <pubDate>Fri, 25 May 2012 12:36:35 EDT</pubDate>
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  <title><![CDATA[European Consumers Are Confident: Reports]]></title>
  <description><![CDATA[European consumers, at least those in the continent&#039;s two biggest economies, are confident despite the euro zone&#039;s sovereign debt crisis, according to two reports released Friday.]]></description>
  <guid>http://www.ibtimes.com/articles/345529/20120525/consumer-confidence.htm</guid>
  <link>http://www.ibtimes.com/articles/345529/20120525/consumer-confidence.htm</link>
  <pubDate>Fri, 25 May 2012 12:16:04 EDT</pubDate>
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  <title><![CDATA[Air India: Aviation Minister Warns Union Of New Pilot Hires If Strike Continues]]></title>
  <description><![CDATA[The meeting with officials from the Indian Pilots&#039; Guild (IPG) lasted 90 minutes.]]></description>
  <guid>http://www.ibtimes.com/articles/345527/20120525/air-india-pilots-union-strike-carrier-court.htm</guid>
  <link>http://www.ibtimes.com/articles/345527/20120525/air-india-pilots-union-strike-carrier-court.htm</link>
  <pubDate>Fri, 25 May 2012 12:11:21 EDT</pubDate>
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  <title><![CDATA[EU Sues Argentina For 'Protectionism' As Trade Row Deepens]]></title>
  <description><![CDATA[The European Union has filed a suit with the World Trade Organization against Argentina’s import restrictions, raising the dispute between the EU and the South American nation only weeks after Buenos Aires nationalized Spanish oil firm Repsol’s subsidiary in the country.]]></description>
  <guid>http://www.ibtimes.com/articles/345516/20120525/argentina-eu-trade-wto.htm</guid>
  <link>http://www.ibtimes.com/articles/345516/20120525/argentina-eu-trade-wto.htm</link>
  <pubDate>Fri, 25 May 2012 11:42:50 EDT</pubDate>
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  <title><![CDATA[No Longer Number One: Shipping Crisis Hits China's Once-Roaring Maritime Industries]]></title>
  <description><![CDATA[China&#039;s government bet big on shipping in the last decade. For a time, it paid off, even propelling the country to the world&#039;s top spot in shipbuilding. Now a major global slowdown is hurting the sector, and shipyards are in line for closure.]]></description>
  <guid>http://www.ibtimes.com/articles/345506/20120525/shipping-closure-slowdown.htm</guid>
  <link>http://www.ibtimes.com/articles/345506/20120525/shipping-closure-slowdown.htm</link>
  <pubDate>Fri, 25 May 2012 11:28:03 EDT</pubDate>
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  <title><![CDATA[Fracking Debate Complicates As Group Accuses University Of Parroting Oil Industry]]></title>
  <description><![CDATA[In the debate on hydraulic fracturing&#039;s safety record, the back and forth between industry groups, activist, and academic studies creates a lot of noise for the average person to sort out. But when a university is accused of misrepresenting its own data, that makes understanding the controversial drilling technique even more challenging.]]></description>
  <guid>http://www.ibtimes.com/articles/345494/20120525/pennsylvania-univeristy-buffalo-hydraulic-fracturing-study.htm</guid>
  <link>http://www.ibtimes.com/articles/345494/20120525/pennsylvania-univeristy-buffalo-hydraulic-fracturing-study.htm</link>
  <pubDate>Fri, 25 May 2012 10:56:45 EDT</pubDate>
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  <title><![CDATA[Indian Government May Delay Diesel Price Hike As Pressure Mounts To Rollback Petrol Prices]]></title>
  <description><![CDATA[India Government may go slow on boosting diesel prices as the recent steep petrol hike has generated strong opposition from both the public and opposition parties.]]></description>
  <guid>http://www.ibtimes.com/articles/345484/20120525/petrol-price-hike-government-delay-diesel-prices.htm</guid>
  <link>http://www.ibtimes.com/articles/345484/20120525/petrol-price-hike-government-delay-diesel-prices.htm</link>
  <pubDate>Fri, 25 May 2012 10:35:33 EDT</pubDate>
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  <title><![CDATA[US Treasury Declines To Call China A Currency 'Manipulator']]></title>
  <description><![CDATA[The U.S. Treasury declined Friday to name China as a currency manipulator, a move that is likely to intensify an already hot debate in the U.S. presidential campaigning.]]></description>
  <guid>http://www.ibtimes.com/articles/345468/20120525/treasury-china-currency-manipulator.htm</guid>
  <link>http://www.ibtimes.com/articles/345468/20120525/treasury-china-currency-manipulator.htm</link>
  <pubDate>Fri, 25 May 2012 09:59:07 EDT</pubDate>
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  <title><![CDATA[China And Israel Expand Military Ties In Sign Of Growing Cooperation]]></title>
  <description><![CDATA[Top Chinese and Israeli military officials met in Beijing earlier this week, signaling increased cooperation between the two nations, that formerly regarded each other tepidly.]]></description>
  <guid>http://www.ibtimes.com/articles/345464/20120525/china-israel-iran-military-ties-security-beijing.htm</guid>
  <link>http://www.ibtimes.com/articles/345464/20120525/china-israel-iran-military-ties-security-beijing.htm</link>
  <pubDate>Fri, 25 May 2012 09:50:50 EDT</pubDate>
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  <title><![CDATA[Searching For The American Dream, In A Chinese RV]]></title>
  <description><![CDATA[China&#039;s growing hunger for the RV is providing further evidence for the theory that the Middle Kingdom is trying to become more American -- at least in its pastimes.]]></description>
  <guid>http://www.ibtimes.com/articles/345463/20120525/china-recreation-vehicle-vacation-consumer.htm</guid>
  <link>http://www.ibtimes.com/articles/345463/20120525/china-recreation-vehicle-vacation-consumer.htm</link>
  <pubDate>Fri, 25 May 2012 09:49:24 EDT</pubDate>
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  <title><![CDATA[Goldman Sachs, Bank of America Downgrade India's Growth Outlook]]></title>
  <description><![CDATA[India&#039;s growth story comes crashing with Goldman Sachs and Bank of America-Merrill Lynch being the latest global firms to downgrade economic forecasts for the country on Friday.]]></description>
  <guid>http://www.ibtimes.com/articles/345454/20120525/goldman-sachs-bank-america-slash-india-growth.htm</guid>
  <link>http://www.ibtimes.com/articles/345454/20120525/goldman-sachs-bank-america-slash-india-growth.htm</link>
  <pubDate>Fri, 25 May 2012 09:27:34 EDT</pubDate>
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  <title><![CDATA[Petrol Price Hike To Severe Public Health Risk, Favours the Rich: CSE]]></title>
  <description><![CDATA[Amidst criticism and protest from various political parties and the public over the hike of petrol price by over seven rupees, Centre for Science and Environment (CSE) has come down heavily on the government, saying that the hike favours the rich and will severe public health.]]></description>
  <guid>http://www.ibtimes.com/articles/345415/20120525/petrol-price-hike-severe-public-health-risk.htm</guid>
  <link>http://www.ibtimes.com/articles/345415/20120525/petrol-price-hike-severe-public-health-risk.htm</link>
  <pubDate>Fri, 25 May 2012 08:05:19 EDT</pubDate>
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  <title><![CDATA[Spain's Bankia Suspends Shares On Bailout Rumors]]></title>
  <description><![CDATA[Bankia, Spain&#039;s fourth largest bank, reportedly asked for the suspension ahead of a board meeting on Friday afternoon aimed at redrawing its accounts for 2011 and submitting a plan to bolster its finances.]]></description>
  <guid>http://www.ibtimes.com/articles/345404/20120525/bankia-spain-bailout-debt-crisis-eu.htm</guid>
  <link>http://www.ibtimes.com/articles/345404/20120525/bankia-spain-bailout-debt-crisis-eu.htm</link>
  <pubDate>Fri, 25 May 2012 07:44:53 EDT</pubDate>
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  <title><![CDATA[Mark Zuckerberg's $6.4 Billion Loss: Value Of Facebook CEO's Stake A Gambler's Nightmare]]></title>
  <description><![CDATA[In the week since Facebook Inc. (Nasdaq: FB) went public, its founder, CEO and majority shareholder saw his $20.2 billion stake in the social media giant quickly swell to $24 billion only to shrink by day&#039;s end to $17.6 billion.]]></description>
  <guid>http://www.ibtimes.com/articles/345365/20120525/facebook-ipo-mark-zuckerberg-value-shares-stock.htm</guid>
  <link>http://www.ibtimes.com/articles/345365/20120525/facebook-ipo-mark-zuckerberg-value-shares-stock.htm</link>
  <pubDate>Fri, 25 May 2012 06:24:33 EDT</pubDate>
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  <title><![CDATA[Are Record-Low Mortgage Rates Hurting The US Housing Market?]]></title>
  <description><![CDATA[U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn&#039;t mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with underwriting approvals, turning away more prospective buyers and hurting the national housing market.]]></description>
  <guid>http://www.ibtimes.com/articles/345355/20120525/mortgage-rates-falling-housing-implications.htm</guid>
  <link>http://www.ibtimes.com/articles/345355/20120525/mortgage-rates-falling-housing-implications.htm</link>
  <pubDate>Fri, 25 May 2012 05:57:51 EDT</pubDate>
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  <title><![CDATA[After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios]]></title>
  <description><![CDATA[Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?.]]></description>
  <guid>http://www.ibtimes.com/articles/345354/20120525/euro-crisis-greece-exit-drachma-default-geuro.htm</guid>
  <link>http://www.ibtimes.com/articles/345354/20120525/euro-crisis-greece-exit-drachma-default-geuro.htm</link>
  <pubDate>Fri, 25 May 2012 05:52:02 EDT</pubDate>
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  <title><![CDATA[BSE Sensex, NSE Nifty Hover Between Red And Green; Oil, Auto And IT Shares Worst Hit]]></title>
  <description><![CDATA[Bombay Stock Exchange Sensex started on a negative note Friday and was trading in the red in the morning session.]]></description>
  <guid>http://www.ibtimes.com/articles/345316/20120525/bse-sensex-nse-nifty-hovering-between-red.htm</guid>
  <link>http://www.ibtimes.com/articles/345316/20120525/bse-sensex-nse-nifty-hovering-between-red.htm</link>
  <pubDate>Fri, 25 May 2012 04:12:43 EDT</pubDate>
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  <title><![CDATA[India Warns of Potential Ban on EU Airlines over Carbon Tax Dispute]]></title>
  <description><![CDATA[European airlines may risk an embargo from India&#039;s airspace, should Brussels impose sanctions on Indian carriers over carbon emissions. Brussels is facing the heat from several nations, including China, Russia, over an EU carbon emissions trading scheme that called for charging airlines over pollution.]]></description>
  <guid>http://www.ibtimes.com/articles/345308/20120525/india-warns-ban-european-airlines-carbon-tax.htm</guid>
  <link>http://www.ibtimes.com/articles/345308/20120525/india-warns-ban-european-airlines-carbon-tax.htm</link>
  <pubDate>Fri, 25 May 2012 03:55:34 EDT</pubDate>
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  <title><![CDATA[Goldman Sachs Shareholders Approve Executive Pay Plans, Turns to Twitter to Improve Image]]></title>
  <description><![CDATA[Bank&#039;s chief executive Lloyd Blankfein would be taking a pay cut and receive lower pay compared to his counterparts in JPMorgan and Citigroup, shareholders told.]]></description>
  <guid>http://www.ibtimes.com/articles/345275/20120525/goldman-sachs-annual-meeting-executive-pay-plans.htm</guid>
  <link>http://www.ibtimes.com/articles/345275/20120525/goldman-sachs-annual-meeting-executive-pay-plans.htm</link>
  <pubDate>Fri, 25 May 2012 02:59:03 EDT</pubDate>
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  <title><![CDATA[European Crisis Live: Stocks Turn Negative as Spain's Catalan Region Says Needs Financial Support]]></title>
  <description><![CDATA[Asia shares erase yearly gains and Japan hits a 20-year weekly losing streak as investors flee risky bets across global markets]]></description>
  <guid>http://www.ibtimes.com/articles/345274/20120525/europe-crisis-greece-bailout-grexit-debt-default.htm</guid>
  <link>http://www.ibtimes.com/articles/345274/20120525/europe-crisis-greece-bailout-grexit-debt-default.htm</link>
  <pubDate>Fri, 25 May 2012 02:51:47 EDT</pubDate>
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  <title><![CDATA[More Steel Production for China as Beijing Approves $11B New Guangdong Steel Mill]]></title>
  <description><![CDATA[This could mean another round of iron ore shipment surge for Australia as China announced on Friday its approval of the $US11-billon steel project proposal submitted by Shanghai-based Baosteel Group.]]></description>
  <guid>http://www.ibtimes.com/articles/345267/20120525/more-steel-production-china-beijing-approves-11b.htm</guid>
  <link>http://www.ibtimes.com/articles/345267/20120525/more-steel-production-china-beijing-approves-11b.htm</link>
  <pubDate>Fri, 25 May 2012 02:37:20 EDT</pubDate>
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  <title><![CDATA[Alibaba.com Shareholders Clear BuyBack Plan, CIC to Take $2bn Stake in Alibaba]]></title>
  <description><![CDATA[Alibaba raising funds for the buyback through a stake sale to China Investment Corp.]]></description>
  <guid>http://www.ibtimes.com/articles/345228/20120525/alibaba-com-group-ecommerce-share-buy-back.htm</guid>
  <link>http://www.ibtimes.com/articles/345228/20120525/alibaba-com-group-ecommerce-share-buy-back.htm</link>
  <pubDate>Fri, 25 May 2012 00:36:32 EDT</pubDate>
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  <title><![CDATA[Prada Embarks on Ambitious Expansion Plan]]></title>
  <description><![CDATA[Italian fashion brand label Prada SpA is about to embark on an ambitious expansion rollout in the next three years mainly to pursue the promising income from the BRICs (Brazil, Russia, India and China) as well as from countries in the Persian Gulf.]]></description>
  <guid>http://www.ibtimes.com/articles/345225/20120524/prada-leather-china-india-brazil-morocco-istanbul.htm</guid>
  <link>http://www.ibtimes.com/articles/345225/20120524/prada-leather-china-india-brazil-morocco-istanbul.htm</link>
  <pubDate>Thu, 24 May 2012 23:53:58 EDT</pubDate>
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  <title><![CDATA[China’s First Commercial Plane Hampered with Approval Delays]]></title>
  <description><![CDATA[The flight of China&#039;s first commercial plane has been delayed owing to the rescheduling done by Chinese authorities of its final airworthiness test certification.]]></description>
  <guid>http://www.ibtimes.com/articles/345224/20120524/china-boeing-airbus.htm</guid>
  <link>http://www.ibtimes.com/articles/345224/20120524/china-boeing-airbus.htm</link>
  <pubDate>Thu, 24 May 2012 23:52:42 EDT</pubDate>
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  <title><![CDATA[$8.5B Budget Approved For Origin and Conoco Australia's LNG Project]]></title>
  <description><![CDATA[A group of domestic and international banks has granted in principle the $8.5 billion in project financing needed to finally drumroll the $20 billion Australia Pacific liquefied natural gas (LNG) project of Origin Energy Ltd. and ConocoPhillips.]]></description>
  <guid>http://www.ibtimes.com/articles/345223/20120524/lng-united-states-china-sinopec-conocophillips.htm</guid>
  <link>http://www.ibtimes.com/articles/345223/20120524/lng-united-states-china-sinopec-conocophillips.htm</link>
  <pubDate>Thu, 24 May 2012 23:51:44 EDT</pubDate>
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  <title><![CDATA[Australia Targets Criminal Operations at Main Waterfront Areas]]></title>
  <description><![CDATA[Prime Minister Julia Gillard has ordered for a sweeping overhaul of security measures on Australia&#039;s key waterfront areas following reports from police authorities that confirmed the operations of criminal groups in Brisbane and Melbourne.]]></description>
  <guid>http://www.ibtimes.com/articles/345222/20120524/govt-targets-criminal-operations-australia-s-main.htm</guid>
  <link>http://www.ibtimes.com/articles/345222/20120524/govt-targets-criminal-operations-australia-s-main.htm</link>
  <pubDate>Thu, 24 May 2012 23:49:45 EDT</pubDate>
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  <title><![CDATA[Rio Tinto Insists on Iron Ore Growth Plans]]></title>
  <description><![CDATA[Rio Tinto remains on track to expand its iron ore operations despite earlier indications from the mining giant&#039;s CEO, Tom Albanese, that at a certain period the company will temporarily slow down on its output plans.]]></description>
  <guid>http://www.ibtimes.com/articles/345218/20120524/rio-tinto-insists-iron-ore-growth-plans.htm</guid>
  <link>http://www.ibtimes.com/articles/345218/20120524/rio-tinto-insists-iron-ore-growth-plans.htm</link>
  <pubDate>Thu, 24 May 2012 23:39:24 EDT</pubDate>
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  <title><![CDATA[Angola: The Bloody 'Democracy' Of An Oil Republic]]></title>
  <description><![CDATA[As soon as the door opened, 15 men -- armed with pistols, machetes and iron rods -- burst into the house and began beating the young Angolan musicians and activists who were known for protesting against government corruption and the use of violent tactics to suppress political dissent.]]></description>
  <guid>http://www.ibtimes.com/articles/345185/20120524/angola-oil-exports-trade-china-imports-opec.htm</guid>
  <link>http://www.ibtimes.com/articles/345185/20120524/angola-oil-exports-trade-china-imports-opec.htm</link>
  <pubDate>Thu, 24 May 2012 19:56:15 EDT</pubDate>
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  <title><![CDATA[Australian Dollar Outlook - 05/25/2012]]></title>
  <description><![CDATA[Bell FX Currency Outlook: With worries a Greek exit would deepen the euro zone debt crisis and risk aversion continuing to mount this week, the Australian Dollar has continued track new lows.]]></description>
  <guid>http://www.ibtimes.com/articles/345181/20120524/australia-dollar-usd-aud-eur-commodities-europe.htm</guid>
  <link>http://www.ibtimes.com/articles/345181/20120524/australia-dollar-usd-aud-eur-commodities-europe.htm</link>
  <pubDate>Thu, 24 May 2012 19:48:08 EDT</pubDate>
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  <title><![CDATA[Global Markets Overview - 05/25/2012]]></title>
  <description><![CDATA[U.S. stocks finished mostly higher after late afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone. The Dow Jones Industrial Average finished up 34 points, or 0.3%, at 12530, after bouncing back from a 0.6% slide.]]></description>
  <guid>http://www.ibtimes.com/articles/345177/20120524/jp-morgan-goldman-sachs-ftse-hang-seng.htm</guid>
  <link>http://www.ibtimes.com/articles/345177/20120524/jp-morgan-goldman-sachs-ftse-hang-seng.htm</link>
  <pubDate>Thu, 24 May 2012 19:24:47 EDT</pubDate>
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  <title><![CDATA[Is Germany Next? Investors Flee Madrid's CDS For Berlin]]></title>
  <description><![CDATA[Investors are increasingly making a &quot;flight to quality&quot; as they pull out of credit-default swaps hedges on Europe&#039;s primary index as well as the markets for periphery nations like Spain, a trend which indicates higher expectations that periphery nations are unable to repay their debts and a lack of confidence in the political will of the economic union.]]></description>
  <guid>http://www.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm</guid>
  <link>http://www.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm</link>
  <pubDate>Thu, 24 May 2012 16:37:06 EDT</pubDate>
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  <item>
  <title><![CDATA[Tokyo, Madrid, Istanbul Vie For Olympic (Pot Of) Gold]]></title>
  <description><![CDATA[Do host cities make money?]]></description>
  <guid>http://www.ibtimes.com/articles/345105/20120524/olympic-bid-2020-games-tokyo-istanbul-madrid.htm</guid>
  <link>http://www.ibtimes.com/articles/345105/20120524/olympic-bid-2020-games-tokyo-istanbul-madrid.htm</link>
  <pubDate>Thu, 24 May 2012 14:13:03 EDT</pubDate>
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  <title><![CDATA[State Fracking Laws Expand As Ohio Is Set To Approve Its Own Bill]]></title>
  <description><![CDATA[The Ohio House on Thursday is expected to vote on a bill that would bolster the state&#039;s rules on hydraulic fracturing]]></description>
  <guid>http://www.ibtimes.com/articles/345100/20120524/fracking-ohio-vote-house-chemicals-disclosure.htm</guid>
  <link>http://www.ibtimes.com/articles/345100/20120524/fracking-ohio-vote-house-chemicals-disclosure.htm</link>
  <pubDate>Thu, 24 May 2012 14:02:07 EDT</pubDate>
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  <item>
  <title><![CDATA[Manufacturing In Central Western States Rebound In May]]></title>
  <description><![CDATA[The Federal Reserve Bank of Kansas City said Thursday that manufacturing growth in the Midwest and part of the Rocky Mountain region rebounded in May and that firms were more optimistic than in previous months.]]></description>
  <guid>http://www.ibtimes.com/articles/345074/20120524/kansas-city-fed-manufacturing-report-tenth-disctrict.htm</guid>
  <link>http://www.ibtimes.com/articles/345074/20120524/kansas-city-fed-manufacturing-report-tenth-disctrict.htm</link>
  <pubDate>Thu, 24 May 2012 12:42:02 EDT</pubDate>
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