Economy & Politics
EU officials agree on capping bankers bonuses
European Union officials have struck a provisional deal on new financial rules, including capping bank bonuses. Under the agreement, bank bonuses will be capped at...
Beppe Grillo rules out coalition with Pier Luigi Bersani
Italian comedian-turned-politician Beppe Grillo, whose Five-Star Movement (M5S) defied expectations to come third in last weekend's elections, has ruled out a coalition with Pier...
EU ministers agree to end the controversial practice of dumping unwanted fish
European Union fisheries ministers have agreed to phase out the controversial practice of dumping unwanted fish. After a tense all-night meeting, ministers said a ban...
Chuck Hagel confirmed as new US Defense Secretary
Former Senator Chuck Hagel has been confirmed by the US Senate as the new Pentagon chief, after four Republicans joined Democrats to approve his...
Italy deadlock creates confusion in Europe
European markets and politicians have reacted anxiously after Italy's general election produced a stalemate between centre-right and centre-left blocs. France and Germany urged continued reform,...
Italy election results: Split vote leads to stalemate
Italy's parliamentary elections have ended in stalemate and the possibility of a hung parliament. With all domestic votes counted, Pier Luigi Bersani's centre-left bloc has...
Pier Luigi Bersani’s centre-left ahead in early exit polls
Early exit polls from Italy's general election show a lead for the centre-left bloc led by Pier Luigi Bersani. The polls suggest Pier Luigi Bersani's...
Park Geun-hye, the first woman to lead South Korea, sworn in as president
Park Geun-hye was sworn in as South Korea's president promising a tough stance on national security and an era of economic revival. Park Geun-hye, who...
Raul Castro to step down as Cuba’s president in 2018
Cuba’s President Raul Castro has announced he will stand down at the end of his second term in 2018, following his re-election by the...
Nicos Anastasiades wins Cyprus presidential election with 57.5%
Nicos Anastasiades has won the Cypriot presidential election with 57.5% of the vote. It was a comfortable victory of the centre-right leader over Communist-backed Stavros...
Italy votes in key general elections
Italy has begun voting in general elections seen as crucial for the country's effort to tackle its economic problems, as well as for the...
Moody’s cuts UK credit rating from AAA to Aa1
The UK has lost its top AAA credit rating for the first time since 1978 on expectations that growth will "remain sluggish over the...
Eurozone recession will persist in 2013, says European Commission
The European Commission has said Spain, France and Portugal have failed to cut overspending to agreed targets. Spain's government deficit was 10.2% of the country's...
Mohamed Morsi calls Egypt’s parliamentary elections
Egypt’s President Mohamed Morsi has called parliamentary elections, starting on April 27 and end in June. A presidential decree said voting would take place in...
Russia is losing billions illegally, says central bank governor Sergei Ignatiev
Sergei Ignatiev, Russia's central bank governor, has said that $49 billion left the country illegally last year. The capital flight, some 2.5% of Russia's annual...
Hillary Clinton will charge $200,000 per speech on her lecture circuit
It was revealed today that former US Secretary of State Hillary Clinton will be charging $200,000 per speech on her lecture circuit. The massive fee...
Silvio Berlusconi tax letter sent to voters sparks outrage among rivals
Former PM Silvio Berlusconi is trying to buy votes in Italy's election on Sunday by sending out letters promising a tax rebate, his rivals...
Bulgarian government resigns after nationwide protests against electricity prices
Bulgarian government is resigning after nationwide protests against high electricity prices and austerity, Prime Minister Boiko Borisov has announced. "I will not participate in a...
Japan posts record trade deficit in January
Japan's monthly trade deficit hit a record in January after its recent aggressive monetary policy stance weakened the yen sharply. Exports rose in January, the...
Rafael Correa re-elected for a third term as Ecuador’s president
Rafael Correa has been re-elected for a third term as Ecuador's president with more than 50% of the vote. His main challenger, Guillermo Lasso, has...
Cyprus presidential election: Nicos Anastasiades has a 15-point lead in the polls over his rival Stavros Malas
People in the Republic of Cyprus have begun voting for a new president as centre-right leader Nicos Anastasiades has a 15-point lead in the...
G20 Moscow Meeting: UK, France and Germany push for global tax reform
France, Germany and the UK have launched a drive for new global rules to clamp down on corporate tax avoidance. The three are seeking backing...
Jesse Jackson Jr. charged with fraud
Jesse Jackson Jr., former congressman and son of Chicago civil rights leader the Rev Jesse Jackson, has been charged with spending campaign funds on...
EU and US begin formal talks on free-trade agreement
The European Union and the US will begin formal talks on a free-trade agreement, paving the way for the biggest trade deal in history. European...
State of the Union 2013: Barack Obama urges Congress to back government to reignite US economy
President Barack Obama has urged US Congress to back government action to revive the country’s sluggish economy, in his annual State of the Union...
Prev