Economy & Politics
Portugal to cut 30,000 civil service jobs and to raise retirement age by one year to 66
Portugal plans to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet...
ECB cuts benchmark interest rate to new record low of 0.5% to boost eurozone economy
The European Central Bank (ECB) has decided to cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone's...
Fistfights in Venezuela’s parliament over disputed presidential election
Several opposition MP’s are reportedly being injured during a brawl that have broken out in Venezuela's parliament over the recent disputed presidential election. Several legislators were left bloodied and...
Venezuela election final result shows narrower victory for Nicolas Maduro
Venezuela's electoral council has amended the final result of the April 14 presidential election for Hugo Chavez’s successor after finishing counting votes cast abroad. The...
Cheetah scratches Botswana President Ian Khama on his face
Botswana President Ian Khama needed stitches on his face after being scratched by a cheetah, officials say. The animal was reportedly being fed in its enclosure at an...
Gunshots fired outside Italian PM’s office during new government swearing-in ceremony
A man has been arrested in Italy after he shot two police officers outside the PM's office in Rome during new government swearing-in ceremony. One...
Iceland centre-right opposition wins parliamentary election
Iceland’s centre-right opposition parties are set for a return to power with nearly all votes counted after Saturday's parliamentary election. The Independence party has 26%...
Algerian President Abdelaziz Bouteflika hospitalized in Paris after suffering mini-stroke
Algerian President Abdelaziz Bouteflika has suffered a mini-stroke and has been flown to hospital in Paris, the state news agency said. Abdelaziz Bouteflika, 76, had...
Enrico Letta agrees new Italian government ending two months of political deadlock
A deal on the formation of a new government has been reached in Italy, ending two months of political deadlock since the general election. The...
Barack Obama gifts received from foreign governments in 2011 revealed
The US state department has revealed the annual list of gifts received by President Barack Obama from foreign governments in 2011. Among the gifts from...
Henrique Capriles gives ultimatum over Venezuela’s presidential polls audit
Henrique Capriles, the opposition candidate for Venezuela’s presidency, has threatened to take action over disputed votes he claims were "stolen" by Nicolas Maduro's government. Henrique...
South Korea’s economy growth rate hits two-year high in Q1 2013
South Korea's economy growth rate hit a two-year high in the first quarter of 2013, boosted by a rebound in construction, investment and exports. The...
Enrico Letta to become Italy’s new prime minister
Enrico Letta appears set to become Italy's new prime minister, after being asked by President Giorgio Napolitano to form a broad coalition government. The appointment...
Internet sales tax bill endorsed by US Senate
The United States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday. Under...
Horacio Cartes elected as new president of Paraguay
Horacio Cartes has been elected as the new president of Paraguay. Wealthy businessman and political newcomer Horacio Cartes beat the Liberal Party's Efrain Alegre by...
Giorgio Napolitano becomes first Italian president re-elected for a second term
Italy’s President Giorgio Napolitano has been re-elected following a cross-party appeal to run for office again to resolve a growing political crisis. Giorgio Napolitano, 87,...
Pervez Musharraf in judicial custody for two weeks
Pakistan's former military ruler Pervez Musharraf has been remanded in judicial custody for two weeks over claims he illegally detained judges in 2007. Pervez Musharraf,...
Fitch downgrades UK rating from AAA to AA+
Fitch Ratings has downgraded the UK’s credit rating from AAA to AA+, owing to a weakened economic outlook. The move, after Moody's downgrade in February,...
Nicolas Maduro sworn in as Venezuela’s new president in Caracas ceremony
Nicolas Maduro has been sworn in as Venezuela’s new president, succeeding the late Hugo Chavez who died of cancer last month. Thousands gathered on the...
How Barack Obama snubbed Margaret Thatcher’s funeral
President Barack Obama decided not to dispatch any high-ranking members of his administration to former British PM Margaret Thatcher’s funeral on Wednesday, a move...
CISPA: White House threatens to veto controversial cybersecurity bill
The White House has threatened to veto the controversial Cyber Information Sharing and Protection Act (CISPA) due to go before the House of Representatives...
Goldman Sachs reports 7% rise in its profits for Q1 2013
Goldman Sachs has reported a 7% rise in its profits during Q1 2013 following a strong performance in its investment banking division. The company made...
Pervez Musharraf barred from Pakistan polls
Former military leader Pervez Musharraf has been barred from standing in Pakistan general elections in May. An election tribunal disqualified Pervez Musharraf from running in...
South Korea unveils $15.3 billion stimulus plan
South Korea is the latest Asian country to try and boost economic growth by spending hard, unveiling a 17.3 trillion won ($15.3 billion) stimulus...
Nicolas Maduro proclaimed as Venezuela’s president
Nicolas Maduro has been formally proclaimed by Venezuela's election authority as the winner of Sunday's closely-fought presidential election. The National Electoral Council backed the slender...
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