Pages

Wednesday, February 29, 2012

Banks turn to ECB for €530bn in loans

Banks turn to ECB for €530bn in loans

Banks turn to ECB for €530bn in loans

Posted: 29 Feb 2012 10:35 AM PST

European Central Bank injects €530bn as 800 European lenders seek to take advantage of cheap three-year funding

Syrian forces launch ground attack in Homs

Posted: 29 Feb 2012 07:42 AM PST

Activists warn of a massacre in Bab Amr after nearly four weeks of shelling

Prokhorov pushes to exploit shift in mood against Putin

Posted: 29 Feb 2012 11:35 AM PST

Some say he is a Kremlin stooge but billionaire is making a credible bid for presidency

N Korea agrees to suspend nuclear tests

Posted: 29 Feb 2012 09:33 AM PST

Pyongyang will allow for the return of inspectors from the International Atomic Energy Agency to the Yongbyon facility

Athens is set to back health cuts

Posted: 29 Feb 2012 04:41 AM PST

The Greek government faces a second vote on health reforms as it races to meet deadlines set by lenders for launching €130bn second bail-out

US growth revised upwards to 3%

Posted: 29 Feb 2012 06:05 AM PST

Revision does not change fundamental picture of quarter where most growth was due to inventory build-up

Concessions will secure win in Irish vote

Posted: 29 Feb 2012 10:44 AM PST

The coalition government will campaign for a Yes vote in the referendum while Sinn Féin will lead the fight against the eurozone treaty

Indian economic growth slips to 6.1%

Posted: 29 Feb 2012 07:04 AM PST

Slowdown in manufacturing and mining leads to slowest rate of increase in the past three years, trigggering fears of prolonged decline

Egypt lifts travel ban on NGO defendants

Posted: 29 Feb 2012 07:40 AM PST

Cairo's decision to lift a travel ban on defendants in a trial against NGOs is likely to defuse the crisis in US-Egyptian relations

Lebanon banks put expansion plans on hold

Posted: 29 Feb 2012 09:31 AM PST

Arab uprisings close off areas earmarked for regional growth as formerly attractive markets such as Syria and Egypt remain in political turmoil
Posted by Anonymous at 1:31 PM 0 comments

Tuesday, February 28, 2012

Ireland calls vote on European fiscal pact

Ireland calls vote on European fiscal pact

Ireland calls vote on European fiscal pact

Posted: 28 Feb 2012 11:35 AM PST

PM Enda Kenny makes announcement after state lawyer says a referendum should be held to approve stability treaty

Democrats grow confident of House win

Posted: 28 Feb 2012 11:18 AM PST

Party needs to take 25 seats to reverse defeat by the Republicans who swept to power on wave of Tea Party anger at President Obama

UN puts Syria civilian deaths at 7,500

Posted: 28 Feb 2012 10:19 AM PST

Fear suffering may be deepened if outside powers supply the rebels with weapons

Second man accused in Litvinenko murder case

Posted: 28 Feb 2012 02:00 PM PST

Businessman Dmitry Kovtun says he is being accused by the UK's Crown Prosecution Service of the murder of the former Russian spy in 2006

Israel faces resistance over Iran strike

Posted: 28 Feb 2012 08:08 AM PST

Benjamin Netanyahu visits Washington next week. But if he is seeking to test support for a military assault on Iran, the US answer seems clear

China nuclear protest builds steam

Posted: 28 Feb 2012 04:45 AM PST

Anhui province in eastern China has responded to public complaints about a nuclear reactor by asking the central government to halt construction

Portugal on right track, say lenders

Posted: 28 Feb 2012 07:43 AM PST

International 'troika' says Lisbon on course to meet terms of €78bn bail-out and clears way for next tranche, but warns it must step up reforms

Chávez ‘in good condition’ after surgery

Posted: 28 Feb 2012 11:59 AM PST

The president may get a 'sympathy bump' in the polls in the weeks ahead, but voter perceptions of weakness could offset that

US to keep grip on helm of World Bank

Posted: 28 Feb 2012 12:42 PM PST

With an election looming this year, the White House is insisting it will choose the financial institution's new president to succeed Robert Zoellick

Iran’s elite counts on poor to erase bad memories

Posted: 28 Feb 2012 10:03 AM PST

In places like Qarchak, Iran's ruling establishment expects people to help erase the memories of the fraught 2009 vote
Posted by Anonymous at 2:33 PM 0 comments

Monday, February 27, 2012

Merkel gets Bundestag to back bail-out

Merkel gets Bundestag to back bail-out

Merkel gets Bundestag to back bail-out

Posted: 27 Feb 2012 10:01 AM PST

German parliament accepts €130bn bail-out, provided Athens keep its pledges, and private creditors agreed to restructure debt

World Bank warns China on growth fears

Posted: 27 Feb 2012 05:14 AM PST

World Bank warns that China must implement sweeping reforms urgently if it is to maintain growth and avoid being ensnared in a 'middle-income trap'

Eurozone bank lending stabilises

Posted: 27 Feb 2012 08:09 AM PST

Data support the view that the European Central Bank's willingness to pump cheap money into the economy may help stave off a credit crunch

Qatar backs arming Syrian rebels

Posted: 27 Feb 2012 10:51 AM PST

The Gulf state echoed fresh calls from opposition figures for a military response to the relentless regime bombardment of anti-government strongholds

Poll win belies hard road ahead for Gillard

Posted: 27 Feb 2012 08:08 AM PST

Monday's comprehensive victory has bought Julia Gillard time but it is questionable whether she can cling to power until the next election

Israel gets ready for Iran retaliation

Posted: 27 Feb 2012 09:14 AM PST

Though some dismiss such threats as bluster, most senior officials fear that the country's home front would be severely tested in a conflict with Iran

Putin launches tirade against US

Posted: 27 Feb 2012 11:36 AM PST

Assertive foreign policy continues to play well with Russian voters, many of whom share his slightly conspiratorial vision of international relations

Romney solidifies lead in Republican race

Posted: 27 Feb 2012 04:58 AM PST

Poll shows former Massachusetts governor edging into a two-point lead over Rick Santorum in the Arizona primary and tied for the lead in Michigan

Hollande talks tough in Elysée race

Posted: 27 Feb 2012 08:20 AM PST

Presidential hopeful François Hollande is hardening his tone to shake his image as a soft-centred politician but his bark looks to be sharper than his bite

Taliban claims Afghan bomb attack

Posted: 27 Feb 2012 08:12 AM PST

A suicide car bomb attack has killed at least nine people at a military airport in Jalalabad in the latest protest over the burning of copies of the Koran
Posted by Anonymous at 1:11 PM 0 comments

Sunday, February 26, 2012

Germans volunteer for Greek tax mission

Germans volunteer for Greek tax mission

Germans volunteer for Greek tax mission

Posted: 26 Feb 2012 07:53 AM PST

Federal states have recruited about 160 experts to serve under EU and IMF initiative to improve tax administration in Greece

Draghi must be wary of Ltro elixir’s power

Posted: 26 Feb 2012 08:10 AM PST

Risk that loan level will change his reputation from ECB president who created breathing space for eurozone to the one who spoilt bankers

G20 insists eurozone must help itself

Posted: 26 Feb 2012 11:01 AM PST

Draft communiqué says group will consider boosting IMF funds in April depending on how much eurozone has done to boost defences

BP spill trial postponed for a week

Posted: 26 Feb 2012 12:27 PM PST

More time sought to reach a settlement with lawyers representing an estimated 116,000 private sector plaintiffs seeking damages over the spill

US urges Afghan allies to stand firm

Posted: 26 Feb 2012 11:09 AM PST

Attacks on Nato soldiers and riots over the burning of copies of the Koran at a US base raise questions over Washington exit strategy

Obama pressed to open emergency oil stocks

Posted: 26 Feb 2012 11:04 AM PST

US administration is coming under growing pressure to cool petrol prices by releasing supplies, but critics warn against acting too early

Egypt begins trial of pro-democracy activists

Posted: 26 Feb 2012 09:00 AM PST

Sixteen Americans with 27 Egyptian and other foreign employees of the group are accused of undermining stability and sovereignty

Syrians vote as lethal violence continues

Posted: 26 Feb 2012 12:58 AM PST

At least 17 civilians die, many in the rebellious city of Homs, as a bombardment by government forces continues into its fourth week

Ex-Yukos manager tells of brutal jail regime

Posted: 26 Feb 2012 09:02 AM PST

In the first interview since his release, Vladimir Pereverzin tells of arbitrary reprisals and threats to his life during a seven-year sentence

Republicans talk tough on immigration

Posted: 26 Feb 2012 09:27 AM PST

With the Republican primary in Arizona on Tuesday candidates have been talking tough on how they would deal with state's 470,000 'illegals'
Posted by Anonymous at 1:30 PM 0 comments

Saturday, February 25, 2012

Fears grow for protracted war in Syria

Fears grow for protracted war in Syria

Fears grow for protracted war in Syria

Posted: 24 Feb 2012 12:38 PM PST

Some diplomats talk about managing the militarisation of the opposition but others worry about the political costs of arming the rebels

IAEA report adds to gloom over Tehran

Posted: 24 Feb 2012 12:17 PM PST

Data will add to alarm that Iran is accelerating efforts to build a nuclear weapon as Tehran boosts production of enriched uranium
Posted by Anonymous at 1:27 PM 0 comments

Friday, February 24, 2012

Oil surges after Iran uranium warning

Oil surges after Iran uranium warning

Oil surges after Iran uranium warning

Posted: 24 Feb 2012 11:55 AM PST

UN watchdog report to member states showed Iran had carried out a significant expansion of activities at its main enrichment plant

Arabs take lead in adding pressure on Assad

Posted: 24 Feb 2012 11:24 AM PST

Gulf states press for strong action, while Palestinian militant group publicly renounces its longtime Syrian ally

Romney proposes aggressive tax cuts

Posted: 24 Feb 2012 10:39 AM PST

Republican frontrunner offers a 'dramatic change in philosophy for the nation' with his economic strategy

Russian protests break out - on price of TV

Posted: 24 Feb 2012 10:32 AM PST

The town of Lermontov is unlikely to be the political match to light the flame before next weekend's presidential election

Entrepreneurs test the waters in Greece

Posted: 24 Feb 2012 09:33 AM PST

Business venture conference in Athens addresses the challenges facing start-ups in Greece, and finds some reasons for hope

Australia’s ruling Labor party in peril

Posted: 24 Feb 2012 07:43 AM PST

Kevin Rudd wants to 'finish the job the Australian people elected me to do', but the leadership rift could condemn party to political wilderness

Monti hails €43m savings success

Posted: 24 Feb 2012 09:23 AM PST

Italy's technocrat leaders celebrate 100 days in office but must still push through contested economic liberalisation and labour reforms

Germany softens resistance on ‘firewall’

Posted: 24 Feb 2012 09:59 AM PST

Berlin has signalled it will consider the combination of eurozone's temporary rescue fund with its permanent successor

Afghan protests claim 12 more lives

Posted: 24 Feb 2012 09:49 AM PST

Four days of protests have laid bare the depth of resentment of foreign troops as Nato edges towards a hand-over to Afghan security forces

BP: The case of the century

Posted: 24 Feb 2012 10:40 AM PST

The Deepwater Horizon disaster in 2010 caused the world's largest offshore oil spill. It has also led to a mammoth legal action, as tens of thousands of plaintiffs – and the US government – fight for compensation, writes Ed Crooks
Posted by Anonymous at 1:43 PM 0 comments

Thursday, February 23, 2012

Madrid presses EU to ease deficit targets

Madrid presses EU to ease deficit targets

Madrid presses EU to ease deficit targets

Posted: 23 Feb 2012 09:54 AM PST

The Spanish economy is forecast to contract 1 per cent, compared with a prediction three months ago of 0.7 per cent growth

EU tells Athens to change spending and taxes

Posted: 23 Feb 2012 09:58 AM PST

Reforms are price Greece has agreed to obtain a €130bn bail-out and avoid default that Athens feared would throw society into turmoil

West confronts Syria’s treacherous mix

Posted: 23 Feb 2012 10:25 AM PST

The salient fact is that the Assads cannot regain control of the country, while their opponents are too weak and fragmented to dislodge them

Blueprint for China to open up markets

Posted: 23 Feb 2012 12:11 PM PST

People's Bank of China outlines three-phase plan to speed up reform for economy's long-term growth prospects

Romney narrows the gap on Santorum

Posted: 23 Feb 2012 09:47 AM PST

Mitt Romney is level with Rick Santorum after falling behind him in the Republican field in a state he had been expected to win easily

Putin turns up nationalist rhetoric

Posted: 23 Feb 2012 06:02 AM PST

Vladimir Putin tells thousands of supporters bussed in for a presidential rally 'We are a victorious people! It is in our genes, in our genetic code'

G20 to urge eurozone to increase ‘firewall’

Posted: 23 Feb 2012 10:00 AM PST

Europe's sovereign debt crisis will dominate discussion at the G20 meeting of finance ministers and central bank governors in Mexico

At least 55 killed in Iraq explosions

Posted: 23 Feb 2012 05:56 AM PST

The majority of attacks, which were carried out with car bombs and small arms, appear to target security forces in Baghdad and other cities

Vietnam parks its skyscraper projects

Posted: 23 Feb 2012 07:57 AM PST

With annual lending rates increased to more than 20 per cent last year to fight inflation, the property market in Ho Chi Minh City seized up

Hardline group emerges as Iran poll threat

Posted: 23 Feb 2012 08:37 AM PST

Whichever faction wins will gain more influence on the supreme leader, with the Stability of Islamic Revolution Front likely to push for more radical policies
Posted by Anonymous at 1:16 PM 0 comments

Wednesday, February 22, 2012

Germany fights eurozone firewall moves

Germany fights eurozone firewall moves

Germany fights eurozone firewall moves

Posted: 22 Feb 2012 12:03 PM PST

Steffen Seibert, spokesman for Angela Merkel, insisted that Berlin saw no need to increase the size of the €500bn European Stability Mechanism

Obama proposes corporate tax cut

Posted: 22 Feb 2012 12:12 PM PST

The president has proposed slashing the US corporate tax rate from 35 to 28 per cent in a move that could determine where global companies choose to invest

Syrian assault spurs call for intervention

Posted: 22 Feb 2012 12:26 PM PST

The intensifying assault on the city of Homs killed dozens, including two western journalists, sparking fresh pleas for international action

Obama sings the blues but it is Republicans who feel down

Posted: 22 Feb 2012 10:37 AM PST

As confidence in the White House about the election grows, the president may be enjoying his best moment in office since his January 2009 inauguration

West dismayed at failure of IAEA talks in Iran

Posted: 22 Feb 2012 10:15 AM PST

The failure of talks between Iran and the IAEA over Tehran's nuclear programme has triggered dismay among western powers

US farm subsidies attacked amid boom

Posted: 22 Feb 2012 09:47 AM PST

With commodity prices soaring and land values at record highs, agriculture is enjoying a windfall but the good times have not escaped notice in Washington

Strauss-Kahn freed after night in French jail

Posted: 22 Feb 2012 11:44 AM PST

Former head of the International Monetary Fund is released after police questioning over his links to an alleged French prostitution ring

Anti-piracy pact falters after protests

Posted: 22 Feb 2012 11:43 AM PST

A controversial anti-piracy agreement faces delays after the EU opted to ask its own courts whether the treaty was in line with European law

Hungary hits at Brussels funds threat

Posted: 22 Feb 2012 12:36 PM PST

Budapest condemns 'unfounded and unfair' European Commission plans to suspend nearly €500m of funding because of an excessive budget deficit

Dublin to sell up to €3bn in state assets

Posted: 22 Feb 2012 07:31 AM PST

Plans for the sale of a minority stake in state electricity company ESB have been abandoned amid trade union concerns over privatisation
Posted by Anonymous at 1:11 PM 0 comments

Tuesday, February 21, 2012

Greek race to unlock bail-out

Greek race to unlock bail-out

Greek race to unlock bail-out

Posted: 21 Feb 2012 11:48 AM PST

The Greek government is racing to complete reforms demanded by international lenders before the end of February to unlock a €130bn bailout

Arithmetic gymnastics cannot hide the urgency for growth

Posted: 21 Feb 2012 11:01 AM PST

The new Greek rescue package contains assumptions that even its architects acknowledge are highly suspect

EU politics take centre stage in crisis

Posted: 21 Feb 2012 09:37 AM PST

The most important trail to follow over the next three months will be France's presidential and legislative elections

Asia’s oil users to cut Iranian imports

Posted: 21 Feb 2012 11:01 AM PST

Countries hope to fend off the impact of US sanctions that make it harder for companies to do business with Tehran

US hints at help for Syria rebels

Posted: 21 Feb 2012 10:14 AM PST

Russian refusal to join group dominated by anti-Assad governments highlights the international diplomatic schism

Climate expert admits to tricking institute

Posted: 21 Feb 2012 11:36 AM PST

A scientist says a 'serious lapse' of his professional judgment led him to deceive a think tank into sending him budget and strategy papers

Wealthy backers boost Republicans

Posted: 21 Feb 2012 09:53 AM PST

Casino magnate talks of giving up to $100m more as figures show contributions from wealthy overwhelming traditional sources

Mortgage plan calls for single securities platform

Posted: 21 Feb 2012 11:34 AM PST

The plan by the Federal Housing Finance Agency sets out how it will shrink Fannie Mae and Freddie Mac over the next few years while trying to minimise foreclosures

Nation’s love-hate relationship with Cape Town

Posted: 21 Feb 2012 07:14 AM PST

Located in the one South African province where black people are the minority, the city's image is deterring black professionals

Mayawati sets her rule in stone

Posted: 21 Feb 2012 07:26 AM PST

Kumari Mayawati's has represented the lower castes as leader of India's most populous state. Now she faces a test as to whether that appeal holds
Posted by Anonymous at 1:34 PM 0 comments

Monday, February 20, 2012

Merkel faces humiliation over Gauck nomination

Merkel faces humiliation over Gauck nomination

Merkel faces humiliation over Gauck nomination

Posted: 20 Feb 2012 11:17 AM PST

Tensions in the ruling centre-right coalition exploded into the open after the chancellor was forced to accept the nomination of the man she had blocked

Putin unveils plan to boost Russian military

Posted: 20 Feb 2012 10:34 AM PST

Vladimir Putin reveals that Russia is set to embark on a $768bn programme over 10 years to modernise the country's armed forces

Election attacks highlight Yemen’s fragility

Posted: 20 Feb 2012 10:02 AM PST

Yemeni gunmen blew up polling station ahead of election that is meant to bring down curtain on President Ali Abdullah Saleh's 33-year rule

BoJ tinkering falls short of a conversion

Posted: 20 Feb 2012 09:02 AM PST

Bank of Japan's willingness to adopt a target for inflation should be seen in the context of a global re-examination of central bank policymaking

South Sudan puts Beijing policies to the test

Posted: 20 Feb 2012 09:15 AM PST

Concerns about the safety of expatriate workers mean China's interest in the world's newest nation faces a serious test

Myanmar adjusts to new era of openness

Posted: 20 Feb 2012 05:21 AM PST

An appetite for debate is emerging as technocrats, business leaders and returning exiles queue up to help shape the country's future

German companies enjoy access to credit

Posted: 20 Feb 2012 07:34 AM PST

A startling reversal of financial flows is occurring but Berlin could face a lending bubble

Pentagon cuts could cost US more money

Posted: 20 Feb 2012 09:14 AM PST

Plans to delay purchases of fighter jets, submarines and other expensive equipment may trim billions from defence budget but could backfire

McCain calls for US to support Syria rebels

Posted: 20 Feb 2012 11:21 AM PST

Influential senator advocates providing rebels with medical help, intelligence and ways to get weapons, hinting that other countries could help
Posted by Anonymous at 1:11 PM 0 comments
Subscribe to: Comments (Atom)