Business
Venezuela’s economy falls into recession
Venezuela’s economy has entered recession, after contracting for the third consecutive quarter of the year. The Central Bank announced that the economy had shrunk by...
Alexei Navalny detained at Moscow rally after breaking house arrest
Alexei Navalny and more than 100 other demonstrators have been arrested at a rally in central Moscow, activists say. The Russian opposition leader had urged...
Heather Cho arrested: Former Korean executive charged with violating aviation safety law
Former Korean Air executive Heather Cho, who delayed a plane over how nuts were served, has been arrested. TV footage showed Heather Cho, also known...
Venezuela denies ice cream shortage amid Coromoto row
Venezuela’s tourism ministry has denied reports that a shortage of milk is behind the closure of a famous ice cream shop in the city...
Greece: Parliament rejects presidential candidate nominated by PM Antonis Samaras
Greece’s parliament has rejected the presidential candidate nominated by PM Antonis Samaras, triggering a snap general election. Stavros Dimas failed to reach the necessary 180...
Croatia presidential elections 2014
Croatia is voting to elect a new president, with the poll seen as a test for the main political parties. The incumbent, Ivo Josipovic, is...
Turkish student arrested for insulting President Recep Tayyip Erdogan
A Turkish teenager has been arrested on charges of insulting President Recep Tayyip Erdogan, according to local media. The 16-year-old high-school student was arrested on...
Vladimir Putin orders freeze on Russian vodka prices amid economic crisis
President Vladimir Putin has ordered the Russian government to curb rising vodka prices. Vladimir Putin, who has been hit by increasing economic woes, said that...
Tunisia elections 2014: Beji Caid Essebsi wins first free presidential poll
Beji Caid Essebsi has been confirmed as winner of Tunisia's first free presidential poll. The veteran politician secured 55.68% of the vote in Sunday's run-off,...
Tunisia elections 2014: Beji Caid Essebsi claims poll win while Moncef Marzouki refuses to admit defeat
Tunisian candidate Moncef Marzouki has refused to admit defeat in the country's first free presidential election after exit polls suggested Beji Caid Essebsi had...
Tunisia elections 2014: Presidential run-off winner to be country’s first freely elected leader
Tunisia is choosing its first freely elected president in a run-off election seen as a landmark in the country's move to democracy. Secular-leaning Nidaa Tounes...
Ebola 2014: Liberia holds postponed elections
Liberia is voting in an election that was postponed in October because of the Ebola outbreak. Liberians are choosing representatives to the country's senate. Among the...
Barack Obama blocks export of goods, technology and services to Crimea
President Barack Obama has signed an executive order banning the export of goods, technology and services to Crimea. The executive order also imposes new sanctions...
South Korea dissolves pro-North Korea political party
For the first time in decades, South Korea has banned a political party with a court ordering the organization accused of supporting North Korea...
Oklahoma and Nebraska sue Colorado over legalization of marijuana
Oklahoma and Nebraska have asked the US Supreme Court to nullify a 2012 law that made marijuana legal in Colorado. The two states allege that...
Cuba policy: Barack Obama’s opponents threaten to block changes
Congressmen who are against President Barack Obama's new Cuba policy have threatened to block his efforts to restore diplomatic relations after 50 years of...
Ruble crisis: Vladimir Putin insists Russian currency’s dramatic fall will stabilize
Russian President Vladimir Putin has sought to ease fears over his country's economy, insisting that the dramatic fall in the ruble will stabilize. Speaking at...
Switzerland interest rate to turn negative
The Swiss National Bank will bring in a negative interest rate cutting the value of large sums of money left on deposit in Switzerland. SNB...
Ruble crisis: Russian currency regains some ground from all-time low
The Russian ruble has regained some ground from yesterday's all-time low, although trading remains edgy and volatile. The currency opened 4% lower on December 17,...
McDonald’s Japan rations French fries
Fast food giant McDonald's is running out of French fries in Japan. McDonald’s says it can't get hold of enough potatoes because of industrial action...
Apple stops Russian online sales over ruble crisis
Apple has announced it stops selling products online in Russia because the ruble's value is too volatile for it to set prices. The technology giant...
Jeb Bush 2016: George Bush’s brother actively explores presidential run
George W. Bush’s brother, Jeb Bush, has announced he himself is looking into running for the White House in 2016. Former Florida Governor Jeb Bush...
Russian ruble crisis continues despite central bank’s decision to raise interest rates to 17%
The Russian ruble went into free-fall in December 16 trading, falling repeatedly to hit record lows, despite the central bank's dramatic decision to raise...
Brent crude oil price falls below $59 for first time since 2009
Brent crude oil price has fallen below $59 a barrel for the first time since May 2009. After dropping below $60, the Brent price then...
2014 Ruble Crisis: Russia’s central bank raises key interest rate from 10.5% to 17%
Russia's central bank has raised its key interest rate from 10.5% to 17% overnight. The bank said the move was to try to ease the...
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