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World Diary: May 28 – June 3

Compiled by Charles Morris
Last updated May 27 2012

Europe’s industrial future debated; Texas holds primary poll; EU issues annual economic recommendations; Baltic region holds summit; Orange fiction prize winner named; Irish vote on EU treaty; Putin visits Belarus; Asia discusses defence; Queen’s diamond jubilee celebrated

Monday

MAY 28

Economic calendar
For a full guide to the week’s economic events, click here

Africa debates economy
The African Development Bank begins its annual meetings in Arusha, Tanzania, discussing issues including economic growth across the continent, financial governance and environmental policies (until June 1).

Regional banking forum
The AITEC Banking and Mobile Banking West Africa forum in Accra, Ghana, addresses technical, regulatory and other issues (until May 29).

US marks Memorial day
Memorial day, a US federal holiday, is marked to commemorate those who lost their lives in military service for the country. The Senate begins a week-long recess.

Tuesday

MAY 29

Industrial future debated
How to reshape European industry so it is more innovative, competitive and capable of sustainable growth is the theme of the Mission Growth conference in Brussels, organised by the European Commission. Leading commission officials and industry executives take part.

Asean defence meeting
Defence ministers of the Association of Southeast Asian Nations hold their annual two-day meeting in Phnom Penh, Cambodia.

Texas holds primary poll
A primary election in the Republican party contest for a presidential candidate is held in Texas.

Depression diagnosed
Paul Krugman, the Nobel Prize-winning professor of economics at Princeton University, talks about his book, End This Depression Now!, at the London School of Economics. He will discuss the steps he believes must be taken to end the global recession.

Gas concerns addressed
A report, “Golden rules for a golden age of gas”, is published by the International Energy Agency, outlining the benefits and risks of shale and other forms of unconventional gas.

Lords rise for Jubilee
The UK House of Lords is scheduled to rise for its Queen’s diamond jubilee recess. It will return on June 11.

Wednesday

MAY 30

EU under economic orders
The European Commission in Brussels announces its annual economic recommendations for EU member states, as well as the results of its reviews of 12 nations found to have macroeconomic imbalances. These include the UK, France, Italy, Spain and Sweden.

East Asia analysed
The challenges facing Asian economies and their role in the global economy are discussed at the World Economic Forum on East Asia, which opens in Bangkok (until June 1).

Rome assembles recyclers
Representatives of the recycling industry gather in Rome for the three-day World Recycling Convention and Exhibition.

Baltic region holds summit
The 11 member nations of the Council of the Baltic Sea Region hold a two-day summit in Stralsund, Germany. The states of Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, Norway, Poland, Russia and Sweden are joined by a European Commission representative.

Missile defence debated
Nato’s territorial missile defence plans, progress on western co-operation with Russia and threats from the Gulf and Pacific regions are discussed at the annual Missile Defence Conference in London staged by the Royal United Services Institute (until May 31).

International labour forum
The International Labour Organisation holds in Geneva its 101st session of the International Labour Conference (until June 15).

Luxury summit
The FT Business of Luxury Summit opens in Marrakech, Morocco, where executives will discuss the expansion of the sector’s traditional market.

Fiction prize announced
This year’s winner of the Orange Prize for Fiction, which honours women writers, is announced in London. The award is seeking a new sponsor following Orange’s move to end its 17-year association.

Thursday

MAY 31

Irish vote on EU treaty
The Republic of Ireland holds a referendum on the EU’s fiscal discipline treaty.

Putin visits Belarus
Vladimir Putin, Russia’s president, visits Belarus for talks with his counterpart Alexander Lukashenko.

Women’s take on business
Business leaders assemble for the Global Summit of Women in Athens (until June 2) to discuss economic and business issues, and how to encourage women in the commercial world.

Nations confer on Somalia
A two-day international conference on Somalia opens in Istanbul, discussing security in the country, humanitarian assistance, and developing political stability and economic recovery.

Rossetti picture for sale
A painting by Dante Gabriel Rossetti, The Salutation of Beatrice, is to be sold at an auction of Victorian and Impressionist art at Christie’s, London. The work carries an estimate of £1m-£1.5m.

Hay hosts literary festival
Boris Johnson, Hillary Mantel, Ian McEwan and Salman Rushdie are some of the writers and thinkers appearing at the Hay Festival (until June 10) on the England-Wales border.

Friday

JUNE 1

Asia discusses defence
Susilo Bambang Yudhoyono, president of Indonesia, gives the keynote address at the Asia Security Summit, also known as the Shangri-La Dialogue, in Singapore (until June 3). Defence and security concerns, together with changes in the regional balance of power, are on the agenda.

Friday

JUNE 2

Celebrations fit for a Queen
Royalist fever reaches pageant pitch in Britain when celebrations to mark 60 years of Queen Elizabeth II’s reign are staged.

The Queen begins her diamond jubilee weekend enjoying one of her favourite pastimes – horseracing. She will attend the Derby, the leading race of the English flat-racing season, at the Epsom Downs course south of London.

The focus returns to the heart of the capital on Sunday when the Queen will board a boat to lead a flotilla of up to 1,000 other craft along the river Thames. The flotilla will pass the diamond jubilee festival in Battersea Park, where the design, music, art, film, fashion and food of the past 60 years will be celebrated. Meanwhile, communities throughout the country will hold street parties and other events throughout the extended holiday weekend.

Celebrations continue next Monday with a concert at Buckingham Palace featuring artists such as Sir Paul McCartney, Elton John, Tom Jones, Kylie Minogue and Stevie Wonder. Thousands of beacons are also due to be lit around the world in Commonwealth countries.

Events conclude next Tuesday with a national service of thanksgiving at St Paul’s Cathedral, with the royal family later travelling from Westminster Hall to Buckingham Palace by carriage along a processional route.

Sunday

JUNE 3

Windpower on show in US
More than 1,000 companies are exhibiting at the Windpower 2012 Conference and Exhibition in Atlanta (until June 6).

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