Economy & Politics
Global Employment Trends 2013 report shows world jobless numbers rising
World jobless numbers rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns. In a...
Israel elections: PM Benjamin Netanyahu seeks re-election
Israel has begun voting in a general election, with polls suggesting Prime Minister Benjamin Netanyahu will return to office but with a reduced majority. Benjamin...
Inauguration 2013: Barack Obama speech at his second term inauguration
US President Barack Obama has told the American people to "seize the moment", in a speech in Washington DC inaugurating his second term. After taking...
Inauguration Day 2013 schedule: Barack Obama set for public inauguration
Barack Obama is to be publicly sworn in as US president for second time. Hundreds of thousands are expected in Washington for the event, which...
Angela Merkel’s coalition loses Lower Saxony election
Germany’s SPD, Chancellor Angela Merkel's centre-left opponents, has won a narrow victory in elections in the state of Lower Saxony. The Social Democrats and the...
Barack Obama officially sworn in as US president
Barack Obama has officially been sworn in today for his second term as US president in a small ceremony at the White House. Although the...
Lower Saxony election: CDU’s David McAllister hoping for re-election
Voters in the German state of Lower Saxony are going to the polls in a regional election seen as a bellwether for national elections...
US Federal Reserve underestimated 2007 global financial crisis
The US Federal Reserve released transcripts from its 2007 meetings have shown it may have underestimated the looming global financial crisis. The documents suggested Fed...
Athens rally against neo-fascist party Golden Dawn
Some 3,000 people have taken part in a rally in Athens to protest against the rise of Greece’s neo-fascist party Golden Dawn. The protest, which...
Chinese economy shows rebound signs
Chinese economy, the world's second largest, is showing signs of a rebound that could help it emerge from its worst economic period in 13...
German economy slows sharply in 2012
Germany’s economy grew by 0.7 percent in 2012, a sharp slowdown on the previous year Germany’s economy grew by 0.7% in 2012, a sharp...
Barack Obama takes stand on debt fight
America is "not a deadbeat nation", President Barack Obama has said, as he warned Republicans unconditionally to approve a rise in the US debt...
US Treasury Department will not mint a trillion-dollar platinum coin to avert another battle over raising the debt ceiling
The US Treasury Department will not mint a trillion-dollar platinum coin to avert another battle over raising the debt ceiling, meaning Congress and the...
Czech presidential election: Milos Zeman to face Karel Schwarzenberg in second run-off
Former Prime Minister Milos Zeman is set to face Foreign Minister Karel Schwarzenberg in a run-off in the Czech Republic's presidential election. With almost all...
Greek parliament approves new tax increases
The Greek parliament has approved a series of unpopular tax rises aimed at boosting revenue in line with Athens' commitments to international creditors. The measures,...
US trade deficit widens following imports increase
The US trade deficit widened unexpectedly in November, after a rise in the import of consumer goods. Figures from the Commerce Department showed that the...
Japan gets $116 billion stimulus boost
Japan’s government has approved a fresh 10.3 trillion yen ($116 billion) stimulus package in an attempt to spur a revival in its economy. The package...
Hugo Chavez swearing-in postponement is legal, rules Venezuela Supreme Court
Venezuela's Supreme Court has ruled that the delay of President Hugo Chavez's inauguration for a new term in office is legal. Earlier, the National Assembly...
Hugo Chavez inauguration for a new term in office postponed
Venezuela’s National Assembly has approved a request by President Hugo Chavez to postpone his inauguration for a new term in office, which was scheduled...
Eurozone unemployment rate hits new all-time high in November
Eurozone unemployment rate hit a new all-time high of 11.8% in November, official figures have shown. This is a slight rise on 11.7% for the...
Diosdado Cabello re-elected as Venezuela’s National Assembly president
Venezuela's National Assembly has chosen its leader, a possible stand-in for President Hugo Chavez who is in Cuba following cancer surgery. The assembly re-elected the...
US Congress passes emergency aid package for Superstorm Sandy victims
The US Congress has passed an emergency aid package for victims of Superstorm Sandy, days after an outcry over a delay in approval. The $9.7...
Asian and European markets gain on US fiscal cliff deal
European and Asian markets have gained after a short-term deal to stave off the so-called US fiscal cliff was reached. UK shares jumped 1.5% while...
What’s the deal? Highlights of fiscal cliff agreement
US Congress last night finally passed a deal to avoid the so-called fiscal cliff, as critics attacked the Republican party for giving in and...
US Congress passes deal to avert fiscal cliff and Barack Obama heads back to restart Hawaii vacation
President Barack Obama has hailed a deal reached to stave off a "fiscal cliff" of drastic taxation and spending measures as "just one step...
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