Economy & Politics
Romania’s ruling coalition wins parliamentary elections
The ruling coalition of Prime Minister Victor Ponta is projected to win Romania's general election. Exit polls gave his Social Liberal Union (USL) about 57%...
Barack Obama weekly address: he won’t back down on taxes as Republicans in the House block cuts for middle-class
Republicans in the US House of Representatives are blocking a bill that would prevent a tax increase on the first $250,000 of income earned...
Romania votes in parliamentary elections
Polling stations have opened in Romania in the country's parliamentary elections. Opinion polls suggest a large win for the governing coalition led by Prime Minister...
Silvio Berlusconi confirms he will run for prime minister in 2013
Silvio Berlusconi has confirmed he will run for prime minister again in 2013. Former Italian Prime Minister Silvio Berlusconi told reporters in Milan that he...
ECB cuts euro growth forecasts
The European Central Bank (ECB) has revised down its eurozone growth forecasts for 2012 and 2013 as "economic weakness extends into 2013". ECB President Mario...
How Mitt Romney is coping with not being president
Former Republican candidate Mitt Romney has retreated into “seclusion” after his failed presidential run and has so little to do he is offering to...
Borut Pahor wins Slovenia’s presidential election
Borut Pahor, former Slovenian prime minister, has won an emphatic victory in the country's presidential run-off election. With almost all votes counted, Borut Pahor polled...
Pier Luigi Bersani and Matteo Renzi in Italian centre-left Democratic Party poll
Italians have been voting in the final round of the contest for the leadership of the centre-left Democratic Party. The run-off vote pitches veteran party...
Timothy Geithner and John Boehner in fiscal cliff talks stalemate
Timothy Geithner, the US treasury Secretary, has said there will be no deal to avert a "fiscal cliff" unless Republicans accept a tax hike...
Slovenia votes in presidential run-off poll following days of protests against government corruption
Slovenians are voting today in a presidential run-off following days of protests over budget cuts and alleged government corruption. The vote pits incumbent Danilo Turk...
One dollar bill could be replaced by coins saving $4.4 billion over the next 30 years
US Congress is kicking around the idea of replacing the dollar bill with dollar coins, as federal auditors have determined that the move could...
Eurozone unemployment rate hits new record high in October, while consumer price rises slowed sharply
Eurozone unemployment rate hit a new record high in October, while consumer price rises slowed sharply. The jobless rate in the recessionary euro area rose...
Barack Obama and Mitt Romney discussed America’s leadership in the world at White House lunch
Barack Obama has met defeated Republican presidential candidate Mitt Romney for a private lunch at the White House. Barack Obama and Mitt Romney discussed "America's...
Barack Obama and Mitt Romney to have lunch at White House
President Barack Obama is to have lunch at the White House with defeated Republican election rival Mitt Romney, officials have confirmed. Thursday's face-to-face will be...
Eurozone deal on Greece bailout
Eurozone finance ministers and the IMF have agreed on a deal on emergency bailout for debt-laden Greece. They have agreed to cut debts by 40...
Catalan separatists win majority in Spain’s regional election
Voters in Spanish region of Catalonia have given a majority to parties seeking Catalan independence. However, Catalan President Artur Mas, who called the early election...
Egypt Stock Market plunges 10% following Mohammed Mursi’s decree
Egypt's stock market sees a plunge in its shares of almost 10% on Sunday, days after President Mohammed Mursi granted himself sweeping new powers. Protests...
Catalonia to vote in key elections after campaign focused on independence
Catalonia, one of the most important regions of Spain, is holding key regional elections, after a campaign that has focused on the issue of...
Mitt Romney aides blast Republican “hypocrites” like Bobby Jindal and Newt Gingrich
Former senior aides to Mitt Romney have hit back at the “hypocrites” in the Republican party who just days before the election were clamoring...
EU 2014-2020 budget talks end without deal
EU budget summit held in Brussels has ended without agreement on the 27-strong union's next seven-year budget. Another meeting will have to be called to...
EU 2014-2020 budget agreement unlikely to be reached at Brussels summit
German Chancellor Angela Merkel says she doubts an agreement can be reached on the European Union's 2014-2020 budget at the summit taking place in...
Nicolas Sarkozy questioned over illegal campaign donations received from Liliane Bettencourt
Frence’s ex-President Nicolas Sarkozy has arrived at a court in Bordeaux to be questioned over allegations he received illegal campaign donations in 2007. Nicolas Sarkozy...
EU leaders set for 2014-2020 budget battle
EU leaders are to begin talks on the bloc’s 2014-2020 budget, with many of them calling for cuts in line with the savings they...
Jean-Francois Cope wins French UMP election
The French conservative UMP party has chosen Jean-Francois Cope as its next leader after a tight election marred by claims of fraud and ballot-stuffing. Jean-Francois...
Jean-Francois Cope and Francois Fillon both claim victory in France’s UMP election
A vote to decide who will lead France's conservative opposition UMP has plunged the party into disarray and acrimony. Both candidates, Jean-Francois Cope and Francois...
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