Economy & Politics
South Korean President Lee Myung-bak apologizes to the nation
South Korean President Lee Myung-bak has apologized to the nation over corruption investigations involving his brother and former aides. "I bow my head and apologize...
Greece: troika to audit country’s progress on debt reduction
Representatives from the troika of international lenders arrive in Greece on Tuesday to assess its progress towards reducing its huge debts. They must decide whether...
Spain rattles markets as Valencia is seeking for funding help
Fears that other Spanish regions may follow Valencia in seeking a bailout from Madrid have rattled markets. A local newspaper in Murcia, one of Spain's...
King Juan Carlos sacked by Spanish WWF over elephant hunt
Spanish affiliate of the conservation group WWF has removed King Juan Carlos as its honorary president for going on an elephant hunting trip in...
Ali Wanis, Egypt Salafist ex-MP, convicted of violating public decency
Ali Wanis, an Egyptian radical Islamist politician, has been convicted in absentia of violating public decency after police found him fondling a woman in...
Francois Hollande and Valerie Trierweiler are living “separate lives”
France's President Francois Hollande and his partner Valerie Trierweiler are living “separate lives” and could even announce their break-up over summer, GALA Magazine has...
Spain: nationwide anti-austerity protests end in unrest
Police in Spain have fired rubber bullets to clear demonstrators in Madrid as a day of nationwide protests against spending cuts ended in unrest. Protesters...
Spain’s borrowing costs increased with 3 billion Euros
Debt-laden Spain has raised 2.98 billion Euros on the financial markets, but was forced to pay higher interest rates. The average yield on bonds repayable...
Hillary Clinton meets head of Egypt’s military council Mohamad Hussein Tantawi
Hillary Clinton has met the head of Egypt's top military council, Field Marshal Mohamad Hussein Tantawi, on the second day of her visit to...
Hillary Clinton meets Egypt’s President Mohammed Mursi
US Secretary of State Hillary Clinton has held her first meeting with new Egypt’s President Mohammed Mursi. After the talks, Hillary Clinton reaffirmed Washington's support...
Mitt Romney responds to reports suggesting he was still listed on Bain’s regulatory filings
Republican candidate Mitt Romney has hit back on attacks about his record as CEO of Bain Capital in interviews with US broadcasters. "I had no...
JPMorgan Chase doubles its trading loss to $4.4 billion
JPMorgan Chase has raised its estimate of the value of its recent losses from trading in complex financial derivatives to $4.4 billion. The US bank...
China’s growth rate slows to 7.6% in the second quarter
China's economy has grown at its slowest pace in three years as investment slowed and demand fell in key markets such as the US...
Is Condoleezza Rice top of shortlist for becoming Mitt Romney’s VP?
Rumors of Condoleezza Rice becoming Mitt Romney’s vice-presidential running mate has increased significantly after internet pioneer Matt Drudge reported that she is “near the...
Thomas Hollande publicly attacks Valérie Trierweiler
Thomas Hollande, French president's eldest son, has publicly attacked the country's First Lady Valérie Trierweiler, accusing her of destroying the president's election-winning "normal image". Thomas...
Spain unveils new austerity measures
Spain’s Prime Minister Mariano Rajoy has begun addressing parliament, setting out a new raft of austerity measures aimed at balancing the budget. His speech comes...
Egypt’ Supreme Court overturns Mohammed Mursi’s decree to recall parliament
Egypt' Supreme Court has overturned a decree by President Mohammed Mursi to recall parliament. Mohammed Mursi had issued the decree in defiance of a military...
Egyptian parliament convenes in defiance of dissolution
Egyptian parliament has briefly convened, despite the ruling military council ordering it to be dissolved. President Mohammed Mursi had ordered the assembly to meet in...
Spain to get 30 billion Euros to help its troubled banks
Eurozone finance ministers have decided to lend Spain 30 billion Euros ($37 billion) this month to help its troubled banks. It will be the first...
Kim Jong-Un seen with mystery woman
North Korean leader Kim Jong-Un has been seen attending different events with a mystery woman. The fact was led to speculation in South Korean media...
Mitt Romney beats Barack Obama by $35 million in June fundraising
Mitt Romney's campaign increased its fundraising lead over Barack Obama in June, official numbers released on Monday show. Mitt Romney and the Republicans raised $106...
Mohammed Mursi’s decree to be discussed by Egypt’s Supreme Constitutional Court
Supreme Constitutional Court in Egypt, which dissolved the parliament last month, is due to discuss how to respond to President Mohammed Mursi's order to...
Spanish and Italian borrowing costs rise ahead of eurozone summit
Italian and Spanish 10-year bond yields have been rising ahead of a summit of eurozone finance ministers on Monday. The yield on Spanish 10-year bonds,...
Mohammed Mursi reverses Egyptian parliament dissolution
President Mohammed Mursi has ordered Egyptian parliament to reconvene, a month after it was dissolved. The Supreme Court had ruled parliament unconstitutional as party members...
Mexico march against poll winner Enrique Pena Nieta
Tens of thousands of people in Mexico City are marching against the result of the presidential election, which was won by Enrique Pena Nieto. The...
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