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Tuesday, January 31, 2012

Russia warns against UN action in Syria

Russia warns against UN action in Syria

Russia warns against UN action in Syria

Posted: 31 Jan 2012 11:04 AM PST

Western-backed effort to press President Bashar al-Assad to cede power is a 'path to civil war', Russia's deputy foreign minister says

Eurozone jobless rate at euro-era high

Posted: 31 Jan 2012 10:52 AM PST

Rising unemployment in the single currency region highlights fragile nature of bloc's economic recovery

Portuguese debt looms over Europe

Posted: 31 Jan 2012 05:14 AM PST

EU leaders may have to tackle problem within weeks rather than months

Retired voters top Republican rivals’ agendas

Posted: 31 Jan 2012 11:35 AM PST

The presence of the two leading candidates for the Republican nomination at a retirement community in the two days leading up to the primary was no accident

Tax cuts expiry to slow US growth

Posted: 31 Jan 2012 11:28 AM PST

US economic growth will slow dramatically if tax rises and spending cuts come into effect as planned in 2013, according to new figures.

Pakistan softens line on US-Taliban talks

Posted: 31 Jan 2012 08:34 AM PST

For years, Pakistan has been seen as a spoiler, but recent signs indicate the security hierarchy is playing a more supportive role

India’s schools fail to keep pace with growth

Posted: 31 Jan 2012 08:51 AM PST

An underpowered primary education system is struggling to supply the urban workforce needed to fulfil roles in the country's rising economy

South Sudan rejects African Union oil plan

Posted: 31 Jan 2012 10:03 AM PST

African Union-backed proposal would see less developed nation pay up to $6.5bn to its former enemy, which it accuses of 'state piracy'

Lee warns against curbing conglomerates

Posted: 31 Jan 2012 08:21 AM PST

Lee Myung-bak, South Korea's president, has warned parliamentarians that their election proposals to curb the power of leading conglomerates such as Samsung, Hyundai and LG could undermine the world's seventh-biggest exporter

Opec head warns of oil price volatility

Posted: 31 Jan 2012 09:13 AM PST

El Badri says it will take time for EU countries to adjust to the embargo and find a replacement for the barrels of oil it imports from Iran
Posted by Anonymous at 1:33 PM 0 comments

Monday, January 30, 2012

Support grows for Syrian peace plan

Support grows for Syrian peace plan

Support grows for Syrian peace plan

Posted: 30 Jan 2012 11:21 AM PST

Britain, France and the US will make their most forceful push yet for a political transition in Syria at the UN Security Council this week

Victory for Merkel over fiscal treaty

Posted: 30 Jan 2012 12:21 PM PST

Eurozone countries agree to a pact legally requiring them to adhere to tough budgetary limits, despite questions over the policy

Budget overlord will not solve eurozone woes

Posted: 30 Jan 2012 11:43 AM PST

German plan may go down well with voters but is not a coherent response to what went wrong with the currency and how this can be fixed

Sarkozy gambles on the Germany connection

Posted: 30 Jan 2012 12:07 PM PST

The French president has boldly given Germany's Angela Merkel a starring role in his bid for re-election

Romney’s attack tactics anger rivals

Posted: 30 Jan 2012 11:16 AM PST

The powerful display of money and organisation by the former Massachusetts governor ahead of Florida's pivotal primary has embittered party rivals

Wukan offers democratic model for China

Posted: 30 Jan 2012 08:42 AM PST

Residents of the small fishing village at the centre of protests last year are embarking on a detailed experiment in Chinese democracy

China puts space-age seal on African role

Posted: 30 Jan 2012 10:41 AM PST

It would be hard to conjure up a grander gesture to mark relations between China and the continent than the African Union's headquarters

Putin stands by state capitalism

Posted: 30 Jan 2012 12:05 PM PST

Russia's prime minister says conglomerates will drive transition to a high-tech economy, stifling hopes he would adopt a more liberal agenda

Corruption theme dominates Kuwait election

Posted: 30 Jan 2012 08:31 AM PST

Groups seeking national assembly seats are united in their attack on graft, which could mark a change from political deadlocks in the oil-rich Gulf state

Brussels to boost Pakistan with trade concessions

Posted: 30 Jan 2012 12:53 PM PST

India and Bangladesh are among countries that have dropped opposition to a plan from the World Trade Organisation designed to help exporters
Posted by Anonymous at 1:21 PM 0 comments

Sunday, January 29, 2012

Merkel to join Sarkozy on campaign trail

Merkel to join Sarkozy on campaign trail

Merkel to join Sarkozy on campaign trail

Posted: 29 Jan 2012 09:16 AM PST

French president is anxious to regain momentum after François Hollande, the opposition Socialist candidate and principal challenger, gave several strong public performances

Irish want referendum on fiscal treaty

Posted: 29 Jan 2012 05:52 AM PST

Government anxious to avoid a public vote, which it fears could prompt a backlash against four years of spending cuts and tax increases

Army fights for Damascus suburbs

Posted: 29 Jan 2012 11:17 AM PST

Syria continues to attack rebels in Damascus's suburbs while efforts intensify to secure a resolution calling for the removal of President Bashar al-Assad

Senegal president cleared for third term

Posted: 29 Jan 2012 08:17 AM PST

Court decision to allow Abdoulaye Wade's candidacy but reject Youssou N'Dour's sparks protests in which one policeman is killed

Greece rejects call for eurozone to control its budget

Posted: 29 Jan 2012 09:00 AM PST

Finance minister Evangelos Venizelos criticises German proposal while a deal on debt restructuring falls behind schedule

Iran to halt oil sales to ‘some countries’

Posted: 29 Jan 2012 10:13 AM PST

Iran's oil minister says his country has a market for oil exports even with cuts to Europe and will face no problem with European embargo

Riyadh plays its hand over Syria

Posted: 29 Jan 2012 09:02 AM PST

Prince Saud al-Faisal has thrust Saudi Arabia to the forefront of a policy aiming for political transition in Damascus

Chinese shopping spree slows

Posted: 29 Jan 2012 08:30 AM PST

US and European industrial companies suggest Chinese demand for a host of western-produced capital goods is starting to slow

Immigration dilemma haunts Republicans

Posted: 29 Jan 2012 09:10 AM PST

Tough laws on illegal workers and party's strident attacks on migrant communities frustrate senior Republicans who fear alienation of Hispanics

Lacklustre rally fails to ignite Putin base

Posted: 29 Jan 2012 09:58 AM PST

Those that turned up at a central Yekaterinburg square were met with disappointment: a crowd half the promised size, no tanks and no presidential candidate
Posted by Anonymous at 1:35 PM 0 comments

Saturday, January 28, 2012

Call for EU to control Greek budget

Call for EU to control Greek budget

Call for EU to control Greek budget

Posted: 27 Jan 2012 01:20 PM PST

Leaked German proposal Greece to cede sovereignty over tax and spending decisions to a eurozone 'budget commissioner' to secure a second €130bn bail-out

Arab League suspends Syria mission as violence rages

Posted: 28 Jan 2012 07:35 AM PST

Fighting rages around three rebel-held suburbs of Damascus

US in mega battle to bring in Mr Dotcom

Posted: 27 Jan 2012 11:59 AM PST

Copyright owners are keeping a close eye on the extradition process of the internet file-sharing chief
Posted by Anonymous at 1:15 PM 0 comments

Friday, January 27, 2012

Tensions rise over eurozone firewall

Tensions rise over eurozone firewall

Tensions rise over eurozone firewall

Posted: 27 Jan 2012 07:56 AM PST

Fresh tensions emerge between France and Germany over the eurozone rescue despite expectations a deal to restructure Greece's debt is imminent

US growth accelerates to 2.8%

Posted: 27 Jan 2012 10:26 AM PST

The US economy grew at a robust annualised rate of 2.8 per cent in the final three months of 2011 but there was little sign of rapid growth ahead

Inflation and fuel shortages stoke Aleppo violence

Posted: 27 Jan 2012 10:21 AM PST

Activists claim government security forces have launched offensives in the protest centres of Homs, Hama and the restive Damascus suburbs

Suicide car bomb kills 31 in Baghdad

Posted: 27 Jan 2012 09:15 AM PST

A suicide car bomb comes as violence has increased in Iraq during the past six weeks, in the wake of the withdrawal of US troops

Gingrich weakened by Republican attacks

Posted: 27 Jan 2012 09:25 AM PST

Republican heavyweights seek to choke former speaker's momentum as polls show Romney has regained lead in Florida

Freedom comes slowly to Cuba

Posted: 27 Jan 2012 09:14 AM PST

Reforms from President Raúl Castro have encouraged small businesses and eroded traditional structures and attitudes in unanticipated ways

Iran edges closer to ban on EU oil exports

Posted: 27 Jan 2012 06:57 AM PST

A law to be debated on Sunday could halt exports of oil to the EU as early as next week, the semi-official Fars news agency reports

Spanish unemployment hits almost 23%

Posted: 27 Jan 2012 01:21 AM PST

The number of jobless Spaniards rose by more than half a million last year to reach 5.27m, or 22.85 per cent of the workforce, in the final quarter

EU avoided ‘major, major credit crunch’

Posted: 27 Jan 2012 08:42 AM PST

Europe avoided a credit crunch thanks to €489bn of emergency three-year loans to banks by the European Central Bank last month, governor says
Posted by Anonymous at 1:18 PM 0 comments

Thursday, January 26, 2012

Syrian revolt creeps closer to Damascus

Syrian revolt creeps closer to Damascus

Syrian revolt creeps closer to Damascus

Posted: 26 Jan 2012 10:17 AM PST

A fearful mood pervades many suburban areas of the capital as some areas begin to come out against President Assad's regime

Cameron rebukes euro leaders over crisis

Posted: 26 Jan 2012 10:32 AM PST

The British prime minister says eurozone policymakers are still far from finding a solution to the currency bloc's underlying problems

Support for Gingrich begins to erode

Posted: 26 Jan 2012 09:47 AM PST

New polls suggest the former House speaker's up-and-down campaign for the Republican presidential nomination is losing its recent momentum

Florida air wars test rivals’ skills

Posted: 26 Jan 2012 08:06 AM PST

Simply spending freely may not be enough to navigate the complex demographics of one of the country's largest and most populous states

Revolution leads Tunisians to speak less French

Posted: 26 Jan 2012 12:20 PM PST

Rached Ghannouchi's criticism of the 'pollution' of French underscored a subtle shift in a country that has long lived under France's cultural spell

Nigerian central banker calls for end to imbalances

Posted: 26 Jan 2012 09:27 AM PST

Lamido Sanusi says it is necessary to focus funds on regenerating other regions if Nigeria wants to secure long-term stability

Spanish business grows impatient for reforms

Posted: 26 Jan 2012 08:02 AM PST

Expectations of radical change from the new government, to avoid the treatment meted out to Greece, Ireland and Portugal, are beginning to fade

Currency tops Myanmar’s economic priorities

Posted: 26 Jan 2012 09:26 AM PST

Reform must begin with the dual exchange rate and the liberalising of foreign exchange controls, says the country's central bank director

Obama seeks to lift natural gas demand

Posted: 26 Jan 2012 03:00 AM PST

Tax break proposed for gas-fuelled trucks as part of move to support 'American-made' energy
Posted by Anonymous at 1:39 PM 0 comments

Wednesday, January 25, 2012

Iran threatens to act first on EU embargo

Iran threatens to act first on EU embargo

Iran threatens to act first on EU embargo

Posted: 25 Jan 2012 11:48 AM PST

Bill before parliament could leave S European nations struggling to find alternative supplies

Merkel set on beating crisis in eurozone

Posted: 25 Jan 2012 11:03 AM PST

Europe can only recover the confidence of global markets if the weaker European economies boost their growth with structural reforms, says Merkel

Fed extends low rates forecast to 2014

Posted: 25 Jan 2012 10:00 AM PST

Federal Reserve predicts interest rates will stay on hold at least late 2014 and sets formal inflation target of 2 per cent

Nationalist ‘ghost at feast’ in Russia

Posted: 25 Jan 2012 10:12 AM PST

The opposition to the Kremlin includes liberals committed to human rights and far right activists who see democracy as a path to power

Obama has the edge on tax push

Posted: 25 Jan 2012 09:24 AM PST

With the rich-poor gap widening, the US president's demand for the wealthy to pay their 'fair share' could yet be a winning strategy

Energy imports push Japan to trade deficit

Posted: 25 Jan 2012 02:39 AM PST

Japan has reported its first trade deficit since 1980, as imports of fossil fuels rose to help meet the country's energy shortfall

Egyptians urge civilian rule a year on from revolt

Posted: 25 Jan 2012 07:30 AM PST

Mood in Tahrir Square mixed between celebration and desire for military to yield power

US pending home sales drop sharply

Posted: 25 Jan 2012 07:20 AM PST

The 3.5% fall underlines the precarious state of the housing market which has lagged behind the slow recovery in other sectors

US special forces free hostages in Somalia

Posted: 25 Jan 2012 08:36 AM PST

Seal team rescues American and Dane in first publicly-declared land raid since 1992 'Black Hawk Down' incident
Posted by Anonymous at 1:18 PM 0 comments

Tuesday, January 24, 2012

Romney paid 14% tax on 2010 income

Romney paid 14% tax on 2010 income

Romney paid 14% tax on 2010 income

Posted: 24 Jan 2012 12:25 PM PST

Candidate releases two years of records hours after attacking rival Newt Gingrich in his most aggressive debate performance

Moscow’s ties with Syria grow stronger

Posted: 24 Jan 2012 09:10 AM PST

Support for Assad is driven partly by Russia's determination to avoid repeating what it sees as mistakes over Libya

ECB under pressure over Greek bond hit

Posted: 24 Jan 2012 11:57 AM PST

Bonds with estimated yields in excess of 7% will provide a big return if Greece does not default and they are held to maturity

Chinese soothsayer sees economic storms ahead

Posted: 24 Jan 2012 09:34 AM PST

Jamil Anderlini consults the master of a small Buddhist temple in the hills outside the eastern Chinese city of Suzhou

Experts set to share downbeat mood at forum

Posted: 24 Jan 2012 09:10 AM PST

Big-name economists chime with the downbeat mood expressed by the International Monetary Fund that the global economy was weakening

Warning over world economic outlook

Posted: 24 Jan 2012 07:06 AM PST

Fund urges the eurozone to break the vicious circle of retrenching banks and governments, falling lending and recession

Chinese companies face migrant worker lottery

Posted: 24 Jan 2012 08:04 AM PST

The lunar new year job-hopping season will offer signs for the direction of the labour market in the world's second-largest economy

Turkey lashes out over French genocide bill

Posted: 24 Jan 2012 08:16 AM PST

Turkey attacks France over a new law making denial of the Armenian genocide a crime but signals it may hold off from full sanctions at first

Irish property prices fell 16.7% in 2011

Posted: 24 Jan 2012 06:18 AM PST

Prices are down more than 50 per cent from their 2007 peak as consumers focus on saving and debt repayment

Violence raises Libya stability concerns

Posted: 24 Jan 2012 08:10 AM PST

Ruling council denies reports that Gaddafi loyalists have retaken town and blame inter-militia tensions for fighting
Posted by Anonymous at 1:13 PM 0 comments

Monday, January 23, 2012

Berlin ready to see stronger ‘firewall’

Berlin ready to see stronger ‘firewall’

Berlin ready to see stronger ‘firewall’

Posted: 23 Jan 2012 11:51 AM PST

Merkel prepared to let existing EFSF, which has about €250bn in unused funds, run in parallel with successor, the €500bn ESM

Hague court to prosecute top Kenyans

Posted: 23 Jan 2012 04:39 AM PST

The International Criminal Court has ruled it will go ahead with action against four men, including two presidential candidates

Nigeria’s hydra-headed monster threatens unity

Posted: 23 Jan 2012 10:57 AM PST

The Boko Haram sect, which claimed responsibility for Friday's deadly attacks, has grown from relative obscurity to become a potential global threat

Key UN nuclear visit will be test for Iran

Posted: 23 Jan 2012 10:10 AM PST

IAEA mission follows agreement by Europe to impose oil embargo in effort to pressure Tehran

Economy chief looks to self-reliance in Syria

Posted: 23 Jan 2012 10:41 AM PST

Damascus braced to tough out economic hardship caused by international sanctions by falling back on its own resources

Rush to reform Myanmar creates ‘Burma burn-out’

Posted: 23 Jan 2012 08:14 AM PST

The recent explosion of reformist fervour is stretching the government's painfully limited capabilities almost beyond breaking point

Mullahs, militants and military – Pakistan’s shadowy coalition

Posted: 23 Jan 2012 12:04 PM PST

Emergence suggests power-brokers within security forces are re-activating old contacts to protect their interests

Italian truck drivers step up protests

Posted: 23 Jan 2012 08:21 AM PST

Main threat to government is likely to come from parliament, where parties are under pressure to water down liberalisation decree

Republicans step up attacks in Florida

Posted: 23 Jan 2012 09:48 AM PST

Mitt Romney has launched an all-out assault to halt the momentum behind Newt Gingrich focusing attention on the former speaker's consultancy career

Croatians vote Yes to join EU

Posted: 23 Jan 2012 11:16 AM PST

Result reassures Brussels where officials have wondered exactly how appealing membership might be in the midst of a turbulent debt crisis
Posted by Anonymous at 1:13 PM 0 comments

Sunday, January 22, 2012

Romney forced to reveal tax returns

Romney forced to reveal tax returns

Romney forced to reveal tax returns

Posted: 22 Jan 2012 10:52 AM PST

Revenue disclosure likely to bring unwelcome scrutiny to candidate's business background just days before Florida primary

Myanmar sanction talks set to intensify

Posted: 22 Jan 2012 07:54 AM PST

US and EU to discuss lifting ban imposed on the country following reform and the release of political prisoners

Saudis pull out of Arab League Syria mission

Posted: 22 Jan 2012 12:09 PM PST

'We are not going to accept being used as witnesses to crimes or to hide their crimes,' says foreign minister

Greek bondholders draw line in the sand

Posted: 22 Jan 2012 11:21 AM PST

'Maximum' offer implies that any further demands could kill off a 'voluntary' deal and trigger a default

Paris and Berlin seek to dilute bank rules

Posted: 22 Jan 2012 08:20 AM PST

Demands will delight some bankers but likely to infuriate policymakers in London, who have been fighting French-led attempts to dilute Basel III

Obama launches middle-class offensive

Posted: 22 Jan 2012 10:41 AM PST

State of the Union address will aim to draw sharp contrast with Republicans and pledge to 'work for everyone – not just a wealthy few'

Croatians set to back EU membership

Posted: 22 Jan 2012 11:23 AM PST

Croatia is set to become the EU's 28th member state in July 2013, pending the results of the referendum as well as ratification by all 27 current member states

New parliament marks radical shift in Egyptian politics

Posted: 22 Jan 2012 05:00 AM PST

Protest movement fears carve up between Islamists and military

Pause in bird flu research amid safety fears

Posted: 22 Jan 2012 07:40 AM PST

Two academic groups agreed a halt for 60 days on further work ahead of international debate on ethical and practical issues

Hollande hits at his ‘true adversary’

Posted: 22 Jan 2012 11:18 AM PST

Socialist challenger for the French presidency says he would seek a Franco-German treaty to overturn the 'dominance of finance'
Posted by Anonymous at 1:15 PM 0 comments
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