Economy & Politics
Giorgio Napolitano invites select group of people to form new Italian government
Italy’s President Giorgio Napolitano has said he will ask a select group of people to offer a policy platform to try to end the...
Silvio Berlusconi rejects technocratic government idea
Former prime minister and centre-right leader Silvio Berlusconi says he is against the idea of a new technocratic government for Italy like that led...
Monsanto Protection Act signed into law by Barack Obama
President Barack Obama has signed the so-called Monsanto Protection Act bill into law. The bill, the HR 933 continuing resolution, was written in part by the...
Cyprus bank deposits over 100,000 euros could be cut by 40%
Cypriot Finance Minister Michalis Sarris has confirmed that the depositors with less than 100,000 euros in their accounts "will not be hit". People with more...
Cyprus banks to reopen on March 26 with temporary limits to be placed on financial transactions
Cyprus banks are to reopen on Tuesday, March 26, although the two at the centre of the crisis, Bank of Cyprus and Laiki, will...
Jessica Upshaw death: Mississippi Republican Rep found shot dead at former state Rep Clint Rotenberry home
Mississippi authorities are investigating the death of State Representative Jessica Upshaw, who was found dead in a suspected suicide at the home of former...
Cyprus bailout deal agreed by Eurogroup with Laiki Bank to be wound down
Eurogroup have agreed a deal on a 10 billion-euro bailout for Cyprus to prevent its banking system collapsing and keep the country in the...
Cyprus crisis: Nicos Anastasiades bailout talks with troika leaders delay Eurogroup meeting in Brussels
A key meeting of Eurogroup (eurozone finance ministers) to finalize a crucial bailout for Cyprus has been delayed as talks to hammer out an...
Cyprus makes significant progress in bailout talks with EU and IMF
Cyprus’ Finance Minister Michael Sarris has announced the country has made "significant progress" in talks with the EU and IMF aimed at securing a...
Cyprus parliament continues bailout talks after passing banking reforms
Cyprus parliament has voted to restructure the island's banks, set up a "national solidarity fund", and establish capital controls to prevent a bank run. Efforts...
Cyprus parliament approves national solidarity fund
Cyprus parliament has approved a "national solidarity fund" to ease the banking crisis, which has hit confidence across the eurozone. MPs also imposed capital controls...
Lebanon’s PM Najib Mikati steps down
Lebanon’s PM Najib Mikati has announced the resignation of his entire cabinet. The move comes after the deeply divided cabinet failed to approve a commission...
Angela Merkel warns Cyprus not to exhaust eurozone patience
Germany and EU leading bankers have urged the Cypriot parliament to quickly find a way of raising the 5.8 billion euros needed to qualify...
Pier Luigi Bersani asked to form new Italian government
Italy's President Giorgio Napolitano has asked centre-left leader Pier Luigi Bersani has been to try to form a new government, following inconclusive elections. Pier Luigi...
Nicolas Sarkozy placed under formal investigation in Bettencourt case
France’s ex-President Nicolas Sarkozy has been placed under formal investigation over claims his 2007 election campaign received illegal donations from L'Oreal heiress Liliane Bettencourt,...
Cyprus drops controversial bank levy in a new bailout plan
The Cypriot political leaders have dropped the unpopular levy on bank deposits in a new bailout plan. There was outrage over an earlier plan to tax...
Cyprus banks to remain closed until March 26
Cyprus officials have announced the country's banks, which were closed to prevent mass withdrawals, will remain shut until at least Tuesday, March 26th. The Cypriot...
Assault weapons ban dropped from US Senate bill
US Senate Democrats will ditch a plan to ban assault weapons, all but killing off a key part of a gun control campaign prompted...
Cyprus’ parliament rejects controversial levy on bank deposits
Cyprus' parliament has rejected the controversial levy on bank deposits, proposed as part of an EU-IMF 10 billion-euro ($13 billion) bailout package. No MPs voted for...
Israel’s new government sworn in after two months of negotiations
Israel's new coalition government, led by Benjamin Netanyahu, has been sworn in after nearly two months of negotiations between political parties. Benjamin Netanyahu will return...
Cyprus parliament vote on bailout deal delayed until Tuesday
Cyprus' parliament vote on bailout deal that has sparked huge public anger has been delayed until Tuesday. President Nicos Anastasiades has been meeting MPs in...
Nicos Anastasiades fights EU demands of bank levy in return for bailout
Cypriot President Nicos Anastasiades says he is battling against eurozone demands that all bank customers pay a one-off levy in return for a bailout. Nicos...
Xi Jinping delivers his first speech as China’s president
China’s new President Xi Jinping has said he will fight for "the great renaissance of the Chinese nation," in his first speech as head...
President Nicos Anastasiades defends Cyprus bailout deal amid mass public anger
Cyprus’ President Nicos Anastasiades has said a big bailout, which has provoked mass public anger, was needed to avoid a "disorderly bankruptcy". The 10 billion-euro...
Raila Odinga files Supreme Court appeal against Uhuru Kenyatta’s victory in Kenyan election
Kenya’s PM Raila Odinga has filed a Supreme Court appeal against Uhuru Kenyatta's narrow victory in the recent presidential election's first round. Uhuru Kenyatta beat...
Prev