Economy & Politics
Barack Obama’s Africa trip: Washington Post revised story about Tanzanian safari
It appears the Washington Post on Friday revised the story about Barack Obama’s trip to Africa with no note to the reader about the...
Barack Obama’s trip to Africa could cost tax payers up to $100 million
President Barack Obama’s trip to Africa this month could cost the tax payers anywhere from $60 million to $100 million, according to the Washington...
Wendi Deng and Tony Blair? Former prime minister denies affair with Rupert Murdoch’s wife
Tony Blair strongly denied outrageous internet rumors today linking him with the divorce of Rupert Murdoch and Wendi Deng. The internet was awash with unfounded...
Iran presidential election 2013: 50 million voters expected to cast their ballots
Some 50 million voters across Iran are casting their ballots in the country's key presidential elections. Although all six candidates are seen as conservatives, one...
Vladimir Putin inaugurates new political movement Popular Front
President Vladimir Putin has taken the helm of a new political movement called the Popular Front. The Russian president was appointed by acclamation as head...
S&P lifts US credit outlook from negative to stable
Standard and Poor's has raised its credit outlook for the US economy from negative to stable. In August 2011, S&P downgraded the US rating one...
Stephane Richard: France Telecom-Orange CEO held in custody in corruption case
Stephane Richard, CEO of France Telecom-Orange, has been held in custody for questioning in Bernard Tapie corruption case. Stephane Richard, who previously worked in the French Finance...
Barack Obama and Xi Jinping end a “unique, positive and constructive” Sunnylands summit
President Barack Obama and Chinese leader Xi Jinping have ended a two-day summit in California, which was described by US National Security Advisor Tom...
Barack Obama snaps at staffers for failing to put his health care speech on podium in San Jose
Barack Obama snapped at staffers as he realized they forgot to put his remarks on the podium moments after he tried to begin health care...
Pope Francis: “Wasting food is like stealing from poor”
According to the UN' food agency, around 1.3 billion tonnes of food, or one third of what is produced for human consumption, gets lost...
Xi Jinping joins Barack Obama for Palm Springs summit
China’s President Xi Jinping and US President Barack Obama have begun a two-day summit in Palm Springs, California. The two leaders spoke of overcoming differences...
Francois Hollande confuses Japan and China at news conference in Tokyo
France’s President Francois Hollande has made an embarrassing slip of the tongue, confusing Japan and China, as he spoke in French at a news...
Putin divorce: Did Vladimir Putin’s affair with gymnast Alina Kabaeva end his 30-year marriage?
Vladimir Putin and his wife Lyudmila Putina have announced that they have separated and their marriage is over. The 60-year-old Russian president and his 55-year-old...
IMF admits making mistakes in handling Greece bailout
The International Monetary Fund has admitted that it made mistakes in handling Greece's first international bailout. The IMF said it was too optimistic in its...
Janez Jansa: Slovenia’s former prime minister convicted of corruption and sentenced to two years in prison
Janez Jansa, the two-time prime minister of Slovenia, has been convicted of corruption and sentenced to two years in prison. Janez Jansa was accused of...
Latvia to become 18th country to use euro in 2014
Latvia will become the 18th EU country to use the euro after being approved for membership by the European Commission. In a report, the Commission...
Susan Rice to become Barack Obama’s national security adviser replacing Tom Donilon
Susan Rice, the US ambassador at the UN, is to become President Barack Obama's national security adviser, officials say. Susan Rice will replace Tom Donilon,...
Marjorie Margolies: Chelsea Clinton’s mother-in-law enters House race
Marjorie Margolies, Chelsea Clinton's mother-in-law, made it official Thursday and filed her papers to run for her old House seat in Pennsylvania in 2014. The...
Andorra to introduce income tax for first time to tackle evasion
Andorra has decided to introduce a tax on personal income for the first time as the country faces pressure from its European neighbors to...
US consumer spending falls 0.2% in April 2013
According to recent figures, the US consumer spending fell in April, for the first time in nearly a year. The Department of Commerce said consumer...
Marine Le Pen loses immunity and faces criminal charges for inciting racism
France's far right National Front leader Marine Le Pen is facing criminal charges for inciting racism. The French authorities opened a case against Marine Le...
Eurozone unemployment rate hits another record high in April 2013
According to official figures, eurozone unemployment rate has reached another record high in April 2013. The seasonally-adjusted rate for April 2013 was 12.2%, up from...
OECD revises eurozone growth forecasts
The OECD has revised its growth forecasts for the eurozone and called on the European Central Bank to consider doing more to boost growth. The...
EU member states allowed to slow their pace of austerity cuts
The European Commission has announced it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth. France, Spain,...
IMF cuts China’s economic growth forecast
IMF has cuts its economic growth forecast for China, with weakness in the global economy set to hit exports. The International Monetary Fund it now...
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