Home Business Economy & Politics

Economy & Politics

Economy and Politics news articles.
Nicolas Maduro says he will use the special powers to tackle corruption and the economic crisis

0

Venezuela's National Assembly has helped President Nicolas Maduro to move closer to decree powers. Under the new measures Venezuela’s president would be able to govern...

Barack Obama has announced a one-year reprieve for millions of Americans facing cancellation of their health insurance policies under his embattled healthcare law

0

President Barack Obama has announced a one-year reprieve for millions of Americans facing cancellation of their health insurance policies under his embattled healthcare law. The...

Ireland is to make a clean break from its 3-year 85 billion euro bailout programme in December, without seeking precautionary funding

0

Ireland is to make a clean break from its 3-year 85 billion euro bailout programme in December, without seeking precautionary funding. Irish PM Enda Kenny...

Eurozone’s economy grew by just 0.1 percent in Q3 2013

0

Eurozone’s economy grew by just 0.1% in Q3 2013, down from 0.3% growth in the previous quarter. The figure marks just the second quarter of...

Christian Wulff is alleged to have accepted the payment of hotel bills by a film producer in return for lobbying while he was premier of Lower Saxony in 2008

0

Former German President Christian Wulff will go on trial today over receiving and granting favors in office. Christian Wulff, 54, is alleged to have accepted...

China has unveiled a series of reforms aimed at overhauling its economy over the next decade

0

China has unveiled a series of reforms aimed at overhauling its economy over the next decade. In a statement issued after a closed-door summit, the...

Negotiators in Brussels have clinched a deal on the 2014 EU budget after a night of hard talks

0

Negotiators in Brussels have clinched a deal on the 2014 EU budget after a night of hard talks, cutting spending by about 6% compared...

Bo Xilai, the former Chongqing Party chief, was given a life sentence in September for corruption and abuse of power

0

Supporters of Chinese politician Bo Xilai have set up a political party, and made Bo the party chairman. Wang Zheng said she was inspired to...

Maldives’ ex-President Mohamed Nasheed polled nearly 47 percent, just short of the 50 percent needed for outright victory

0

The Maldivian Supreme Court has suspended the presidential election run-off, after protests from a candidate. On Saturday, ex-President Mohamed Nasheed polled nearly 47%, just short...

Maldivian voters are going to the polls to elect a president after two previous attempts failed

0

Maldivian voters are going to the polls to elect a president after two previous attempts failed. Candidates came to a last-minute agreement earlier this week...

The US economy added a better-than-expected 204,000 jobs in October 2013

0

According to the latest figures from the Labor Department, the US economy added a better-than-expected 204,000 jobs in October. There had been fears that the...

The Obama administration revealed that last month’s 16-day partial shutdown of the federal government cost taxpayers more than $2.5 billion

0

The Obama administration revealed on Thursday that last month’s 16-day partial shutdown of the federal government cost taxpayers more than $2.5 billion for work...

S&P has cut France's credit rating to AA from AA+

0

S&P has cut France's credit rating to AA from AA+. The move comes almost two years after France lost its top-rated AAA status. S&P said it...

Chris Christie was declared the unofficial winner by the US media just minutes after the polls closed

0

Republican Chris Christie was easily re-elected governor of New Jersey. Chris Christie was declared the unofficial winner by the US media just minutes after the...

Democrat Terry McAuliffe beat Republican Ken Cuccinelli in a very close race for Virginia governor's seat

0

Democrat Terry McAuliffe beat Republican Ken Cuccinelli in a very close race for Virginia governor's seat. Republican Chris Christie was easily re-elected governor of New...

With almost all votes counted, Bill de Blasio will succeed Mayor Michael Bloomberg to become the first Democrat leading New York City in two decades

0

With almost all votes counted, Bill de Blasio will succeed Mayor Michael Bloomberg to become the first Democrat leading New York City in two...

US voters are heading to the polls in the first major round of elections since President Barack Obama won a second term one year ago

0

US voters are heading to the polls in the first major round of elections since President Barack Obama won a second term one year...

In New York City, Democratic mayoral candidate Bill de Blasio has taken a commanding lead in opinion polls over Republican Joe Lhota

0

New York City is choosing a successor to three-term Mayor Michael Bloomberg, a Republican-turned-independent. Tuesday's races are seen as an early test of the Republican...

Ethnic Serb communities are encouraged to go to the polls for the first time as the votes are being cast in Kosovo's municipal elections

0

Ethnic Serb communities are encouraged to go to the polls for the first time as the votes are being cast in Kosovo's municipal elections. The...

Congress has cut food aid benefits for poor from Friday as an extension of the government programme expires

0

The US Congress has cut food aid benefits for poor from Friday as an extension of the government programme expires, while legislators fight over...

Zimbabwe's Constitutional Court has declared unconstitutional a law which makes it a crime to insult President Robert Mugabe

0

Zimbabwe's Constitutional Court has declared unconstitutional a law which makes it a crime to insult the president. Prosecutors should not be overzealous about charging people...

Vladimir Putin has topped Forbes magazine’s World's Most Powerful People list in 2013

0

Russia’s President Vladimir Putin has topped Forbes magazine’s World's Most Powerful People list in 2013. Vladimir Putin has beaten President Barack Obama into second place...

Spain is officially out of recession after first quarterly economic growth since 2011

0

Spain is officially out of recession after first quarterly economic growth since 2011, according to data from the country's National Statistics agency INE. Spain's GDP...

Tadeusz Mazowiecki was Poland's first prime minister after the fall of communism

0

Tadeusz Mazowiecki - Poland's first prime minister after the fall of communism - has died aged 86. Foreign Minister Radoslaw Sikorski described him as "one...

Giorgi Margvelashvili is a member of PM Bidzina Ivanishvili's Georgian Dream party

0

Giorgi Margvelashvili - an ally of Georgian PM Bidzina Ivanishvili - has won the country’s presidential election, according to exit polls. The polls give Giorgi...