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Posted: Jan 15th, 2015

Stock markets in Europe turned lower after initial gains,driven by a downward revision of purchasing manager surveys forFrance and the euro zone as a whole. The pan-EuropeanFTSEurofirst 300 index fell 0.3 percent.


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At the same time, cooling overseas markets may hurt some U.S. producers. European Central Bank officials meet on Jan. 22 to consider steps to drive down borrowing costs and revive Europe’s economy. China is on course for the slowest year of growth since 1990, according to a Bloomberg survey. Russia, the world’s biggest energy exporter, this year is facing its first recession since 2009 amid plunging oil prices.


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UNITED NATIONS, Jan. 2 (Xinhua) -- The United Nations on Friday confirmed receiving copies of documents on Palestine's access to 16 international conventions, treaties, saying that "the documents are being reviewed with a view to determining the appropriate next steps."



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