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Saturday, March 31, 2012

EU calls for IMF to boost its war chest

EU calls for IMF to boost its war chest

EU calls for IMF to boost its war chest

Posted: 31 Mar 2012 05:14 AM PDT

€200bn increase in fiscal rescue fund is the least ambitious of three options laid out by the European Commission, which included an option to raise the ceiling to as much as €940bn

Syrian regime defies UN-Arab League peace plan

Posted: 31 Mar 2012 06:45 AM PDT

Regime says it will only withdraw security forces from rebellious population centers after they are completely pacified
Posted by Anonymous at 1:49 PM 0 comments

Friday, March 30, 2012

Europe warned crisis not over yet

Europe warned crisis not over yet

Europe warned crisis not over yet

Posted: 30 Mar 2012 11:29 AM PDT

Confidential papers say cheap LTRO loans had provided merely a reprieve and more action needed

Turkey cuts 20% of oil purchases from Iran

Posted: 30 Mar 2012 09:09 AM PDT

Turkey says it will make up about 10 per cent of its oil shortfall with purchases from Libya and is looking at further supplies from Saudi Arabia

Greek PM warns against threat to bailout

Posted: 30 Mar 2012 11:00 AM PDT

Lucas Papademos has told lawmakers not to undermine reforms in an attempt to boost their popularity as the country heads for May elections

Former Vinashin chairman jailed

Posted: 30 Mar 2012 08:37 AM PDT

Executives at the state-owned shipbuilder have been punished for scandal that led rating agencies to downgrade Vietnam's sovereign debt

French deficit falls by record margin

Posted: 30 Mar 2012 06:58 AM PDT

Reduction in the shortfall in 2011 allows Sarkozy to claim his policies for managing public finances are succeeding

Resourceful residents address Mumbai’s housing problem

Posted: 30 Mar 2012 07:56 AM PDT

People in city's poor areas upgrading their own homes are being seen as a possible solution to wider housing problems

Japan seeks to double consumption tax

Posted: 30 Mar 2012 04:35 AM PDT

Tokyo takes a step towards tackling the country's public debt by submitting legislation to the Diet that would increase consumption tax to 10%

PRI candidate makes waves in Mexico

Posted: 30 Mar 2012 09:15 AM PDT

Enrique Peña Nieto, the clean-cut 45-year-old former governor of the State of Mexico, the country's largest, lives for politics

Summit set to expose flaws in approach to Syria violence

Posted: 30 Mar 2012 08:14 AM PDT

Representatives of some 70 countries are due to attend the so-called Friends of Syria conference on Sunday, including Hillary Clinton

French police swoop on suspected extremists

Posted: 30 Mar 2012 01:26 AM PDT

French elite police arrest some 20 people in morning raids on suspected Islamist circles in several cities including Toulouse
Posted by Anonymous at 1:24 PM 0 comments

Thursday, March 29, 2012

Madrid commits to reforms despite strike

Madrid commits to reforms despite strike

Madrid commits to reforms despite strike

Posted: 29 Mar 2012 11:16 AM PDT

Factory workers, miners, teachers and others join general strike called by unions over labour reforms and austerity plans

Brics nations threaten IMF funding

Posted: 29 Mar 2012 11:07 AM PDT

Developing countries refuse to increase fund's firepower to fight European debt crisis unless they are given greater sway

Villagers fight over patents in rural China

Posted: 29 Mar 2012 08:34 AM PDT

Chinese villagers, once migrant workers and pig farmers, now fight over patents in a sign that reflects the sophistication of the economy

Blasts shake Baghdad as Iraq hosts summit

Posted: 29 Mar 2012 06:33 AM PDT

Kuwait's emir arrives in Iraq for first visit since 1990 invasion of his country, as leaders of other Gulf states stay away from regional summit

Obama and Romney in policy clash

Posted: 29 Mar 2012 09:40 AM PDT

The Obama and Romney campaigns have fired the first substantive foreign policy shots in this year's election campaign, setting up a fierce debate about Russia, Iran, Israel and defence cuts

Chongqing in limbo after Bo Xilai downfall

Posted: 29 Mar 2012 02:31 AM PDT

Former Communist party secretary made a pronounced mark on the city and residents are now questioning who will replace the powerful leader

World Bank job favourite ‘lacks expertise’

Posted: 29 Mar 2012 12:30 PM PDT

Jim Yong Kim lacks the 'appropriate development credentials' to do the job properly, says one of his chief rivals for the position

German shoppers drive growth

Posted: 29 Mar 2012 12:04 PM PDT

German unemployment saw a further drop this month, extending an almost three-year decline in jobless totals that has tilted the economy decisively towards domestic-driven growth

OECD presses G7 nations to sustain recovery

Posted: 29 Mar 2012 06:15 AM PDT

The economic watchdog calls on G7 policy makers to press ahead with measures to keep up the economic momentum amid danger signs that cloud optimism

Dozens killed in Libya violence

Posted: 29 Mar 2012 07:37 AM PDT

Clashes between Arabs and Tabu tribesmen have erupted in the southern city of Sabha, with the army sent to restore calm
Posted by Anonymous at 1:25 PM 0 comments

Wednesday, March 28, 2012

India’s army chief warns over defence

India’s army chief warns over defence

India’s army chief warns over defence

Posted: 28 Mar 2012 07:58 AM PDT

Letter to prime minister says the country's tank fleet is 'devoid of critical ammunition' and its special forces are 'woefully' ill-equipped

Myanmar campaign reaches fever pitch

Posted: 28 Mar 2012 08:58 AM PDT

The April 1 by-election may be on a tiny scale but the poll will be seen as a test of the government's commitment to reform

Threat to Assad remains despite claims of victory

Posted: 28 Mar 2012 09:33 AM PDT

Real danger facing Syrian president comes from peaceful demonstrators who continue to protest against the regime

Le Pen seeks boost from terror attacks

Posted: 28 Mar 2012 10:25 AM PDT

Marine Le Pen is set to make a renewed push in her French presidential election campaign. Security and immigration will be key factors after Toulouse

Iraq battles to return to normality

Posted: 28 Mar 2012 09:10 AM PDT

Arab League summit in Baghdad sharpens contrast between the country's goals and the difficulties it faces achieving them

Wisconsin voters focus on ideological battle

Posted: 28 Mar 2012 11:07 AM PDT

Both conservatives and liberals across America are closely watching the tug-of-war to see which side prevails in next week's Repubican primary

Justices weigh viability of health reform

Posted: 28 Mar 2012 10:57 AM PDT

Justices weigh contingency plans for healthcare overhaul in the event that the mandate to purchase health insurance is struck down

Livni ousted as head of Israel opposition

Posted: 28 Mar 2012 03:43 AM PDT

Centrist Kadima party picks former defence minister Shaul Mofaz as new leader as end of 'Livni era' is predicted

EU moves to allay Spanish banks concern

Posted: 28 Mar 2012 10:51 AM PDT

Staff economists in Brussels believe lenders will raise €50bn without government assistance, says an European Commission official

Gingrich looks to Republican convention

Posted: 28 Mar 2012 10:00 AM PDT

Campaign has struggled to gain traction and candidate has raised little money apart from backing from his super-political action committee
Posted by Anonymous at 1:14 PM 0 comments

Tuesday, March 27, 2012

Insurance mandate splits US Supreme Court

Insurance mandate splits US Supreme Court

Insurance mandate splits US Supreme Court

Posted: 27 Mar 2012 12:33 PM PDT

Justices debated the federal government's role in lives of citizens as several expressed scepticism over the president's right to require every American to buy insurance

Annan says Syria embraces peace plan

Posted: 27 Mar 2012 08:37 AM PDT

UN envoy says the Assad regime has accepted a proposal calling for a ceasefire and talks but use of force against rebels continues

Pope plays politics with Castro

Posted: 27 Mar 2012 10:36 AM PDT

If Castro genuflects to Pope, his obeisance is only token. If the Pope listens to Castro, it is only while furthering congregation's aims

Divided Dutch struggle to plug budget holes

Posted: 27 Mar 2012 10:47 AM PDT

Investors worry that coalition government lacks ability to slash deficit to 3% level demanded by European Union

Tuareg strength complicates Mali junta’s task

Posted: 27 Mar 2012 09:30 AM PDT

The coup leader has promised to end the MNLA insurgency, yet the fact that a relatively junior officer leads the army makes the job even more difficult

Brazilian airport bids raise airlines’ fears

Posted: 27 Mar 2012 10:59 AM PDT

Groups worry successful bidders in the privatisation programme paid too much and will struggle to turn a profit without overcharging customers

Dubai police chief slams Brotherhood

Posted: 27 Mar 2012 11:40 AM PDT

Tamim has become the voice of Emirati opposition to the rising power of Islamists in the Arab world, write Roula Khalaf and Simeon Kerr

Fear and optimism greet Leung victory

Posted: 27 Mar 2012 04:59 AM PDT

The election of Leung Chun-ying has raised hopes that Hong Kong's next chief executive will focus on the needs of the city's poor

Clegg rebukes Argentina over UK submarines

Posted: 27 Mar 2012 07:59 AM PDT

Nick Clegg, deputy prime minister, has rebuked Argentina for making 'baseless insinuations' about Britain's nuclear submarine deployments

Sarkozy steps up war on ‘extremists’

Posted: 27 Mar 2012 11:13 AM PDT

The French president vowed to speed up deportations of militants, but his Socialist rival was relieved as the poll focus returned to the economy
Posted by Anonymous at 1:19 PM 0 comments

Monday, March 26, 2012

Supreme Court weighs healthcare reform

Supreme Court weighs healthcare reform

Supreme Court weighs healthcare reform

Posted: 26 Mar 2012 11:23 AM PDT

The case that will determine the fate of Obama's healthcare reform opened with the first of three days of arguments over a law that has opened a bitter divide

Obama makes missile plea to Russia

Posted: 26 Mar 2012 12:09 PM PDT

The US president has asked Dmitry Medvedev to give him 'space' to deal with the issue of missile defence in private comments during his visit to Seoul

Afghan soldier kills two British troops

Posted: 26 Mar 2012 10:21 AM PDT

Gunman opened fire at Lashkar Gah base in Helmand province and was killed by Nato forces, officials said. A third Nato soldier was also killed later

Sarkozy’s populist solo upsets duet with Merkel

Posted: 26 Mar 2012 08:47 AM PDT

The French president's electoral calculations take him into territory no German leader, of moderate right or left, can comfortably inhabit

US World Bank nominee under fire over book

Posted: 26 Mar 2012 12:09 PM PDT

Some economists are arguing that Dying for Growth, jointly edited by Dr Kim, puts too great a focus on health policy over broader economic growth

Bernanke muted on US economic health

Posted: 26 Mar 2012 11:40 AM PDT

Rapid fall in unemployment may not be sustainable unless the economy starts to grow faster, the Fed chairman says, suggesting monetary policy will stay easy

Berlin backs plan to raise euro firewall

Posted: 26 Mar 2012 11:33 AM PDT

The concession falls short of the preferred solution proposed by the European Commission for a near-doubling to €940bn

Rajoy’s tactics fail in Andalusia

Posted: 26 Mar 2012 10:15 AM PDT

The Spanish region's leftwing remains in power despite the prime minister delaying the 2012 budget until after the election

Autocratic leader leaves democracy reaffirmed

Posted: 26 Mar 2012 10:58 AM PDT

Abdoulaye Wade's outsized ego, increasing propensity to grand statements and intolerance of potential rivals won him enemies

China urged to probe British man’s death

Posted: 26 Mar 2012 09:43 AM PDT

The UK has asked for a reopening of an investigation into the death of Neil Heywood, who had with close ties to purged Chinese leader Bo Xilai
Posted by Anonymous at 1:35 PM 0 comments

Sunday, March 25, 2012

Merkel set to allow firewall to rise

Merkel set to allow firewall to rise

Merkel set to allow firewall to rise

Posted: 25 Mar 2012 10:47 AM PDT

Berlin officials signal Germany will allow eurozone funds to be boosted as a way of calming financial market pressures

Leung wins Hong Kong election

Posted: 25 Mar 2012 07:52 AM PDT

China's favoured candidate takes 61% of votes cast by committee made up mostly of pro-Beijing political camp and Hong Kong business elite

Romney heads for California to fill coffers

Posted: 25 Mar 2012 11:50 AM PDT

Mitt Romney will be rounding up donors in the traditionally Democratic strongholds of Hollywood and Silicon Valley this week

Terrorist’s brother held over shootings

Posted: 25 Mar 2012 09:22 AM PDT

Abdelkader Merah is being detained on suspicion of complicity in his younger sibling's murder of three Jewish children, a teacher and three soldiers

N Korea set to steal Seoul nuclear show

Posted: 25 Mar 2012 11:02 AM PDT

Pyongyang's planned test launch of a new satellite will be a central point of conversation when Barack Obama, Hu Jintao and other world leaders meet

Investors in Brazil feel tied on land issue

Posted: 25 Mar 2012 08:56 AM PDT

Billions of dollars of private sector investment shudders to a halt amid a legal hiatus over a ban on foreigners buying large tracts of farmland

Cheney recovering from heart transplant

Posted: 25 Mar 2012 08:40 AM PDT

The former US vice-president is in intensive care following surgery after being on the cardiac transplant list for more than 20 months

Hollande hits back at Sarkozy on security

Posted: 25 Mar 2012 08:52 AM PDT

The Socialist candidate is fighting to regain the initiative in an increasingly bitter election campaign after last week's terrorist drama

Anti-war movement stirs in Israel

Posted: 25 Mar 2012 08:56 AM PDT

About 1,000 protesters took to the streets of Tel Aviv on Saturday night, urging the government not to attack Iran's nuclear facilities
Posted by Anonymous at 1:23 PM 0 comments

Saturday, March 24, 2012

French killer evokes image of two faces

French killer evokes image of two faces

French killer evokes image of two faces

Posted: 24 Mar 2012 04:20 AM PDT

Details appear to support the claims of intelligence agents that he was more psychologically disturbed criminal than committed religious zealot

Fifa urged to appoint investigator

Posted: 23 Mar 2012 12:49 PM PDT

Move could force world football's governing body to reopen inquiry into allegations over bids for 2018 and 2022 World Cups

Soaring oil prices risk recession

Posted: 23 Mar 2012 02:33 PM PDT

IEA says European Union was particularly vulnerable, with high prices overtaking the sovereign debt as biggest problem facing the bloc

Alawites allege Ankara is biased

Posted: 23 Mar 2012 11:12 AM PDT

Turkey criticised for 'systematic, ongoing and egregious violations of religious freedom' by US body. Ankara rejects findings

Afghan massacre taints notion of ‘good war’

Posted: 23 Mar 2012 12:48 PM PDT

At a time when the Afghanistan war appears to be floundering, news about the massacre of 17 civilians has left some to question the future of the mission
Posted by Anonymous at 1:32 PM 0 comments

Friday, March 23, 2012

Wall of silence around fate of China’s Bo

Wall of silence around fate of China’s Bo

Wall of silence around fate of China’s Bo

Posted: 23 Mar 2012 05:52 AM PDT

Old-style purge of Chongqing chief and the vacuum of facts offers glimpse into deeper paralysis gripping the Communist party over reform

Papal blend of politics and marketing

Posted: 23 Mar 2012 09:15 AM PDT

As attitudes to Catholicism shift in Latin America the papal visit to Mexico and Cuba seeks to bolster the ties between church and state

Obama weighs in on Florida shooting

Posted: 23 Mar 2012 09:18 AM PDT

US president wades into the heated controversy surrounding the fatal shooting of an unarmed Florida teenager by a Hispanic neighbour

Saudi cleric’s rebellious spirit returns

Posted: 23 Mar 2012 09:16 AM PDT

The Arab spring has rekindled the radicalism of a popular cleric putting him in confrontation with a government determined to keep a lid on dissent

Assad’s British wife hit by EU sanctions

Posted: 23 Mar 2012 08:19 AM PDT

Brussels steps up pressure on regime as it announces personal sanctions on four members of the Syrian president's family

Russia reforms political party law

Posted: 23 Mar 2012 09:54 AM PDT

State Duma passes law simplifying procedures for registering political parties which will also have to pass the upper house and be signed by the president

Senegal set for tense presidential poll

Posted: 23 Mar 2012 09:38 AM PDT

Sunday's vote sees Abdoulaye Wade compete against a coalition of opposition candidates angry at the octogenarian's refusal to retire

Tokyo to ease toxic blowfish controls

Posted: 23 Mar 2012 06:49 AM PDT

Authorities propose to let unlicensed chefs handle some stages of fugu preparation just months after a woman was poisoned in a restaurant

US nominates Jim Kim for World Bank

Posted: 23 Mar 2012 12:22 PM PDT

President Obama has nominated Jim Yong Kim, the president of Dartmouth College who has played a leading role in global health, to lead the World Bank

Bales to be charged with 17 counts of murder

Posted: 22 Mar 2012 05:42 PM PDT

US Army Staff Sergeant Robert Bales will also face other charges related to a shooting rampage in Kandahar province, Afghanistan
Posted by Anonymous at 1:37 PM 0 comments

Thursday, March 22, 2012

French siege ends in gun battle

French siege ends in gun battle

French siege ends in gun battle

Posted: 22 Mar 2012 11:57 AM PDT

Foreign minister admits 23-year-old gunman had been interviewed recently by intelligence agents as part of their monitoring of known jihadists

Sarkozy focus on security after Toulouse

Posted: 22 Mar 2012 11:15 AM PDT

Supporters leave no doubt that incumbent intends to make national security fears raised by gunman a central campaign issue

Singh under fire over new India scandal

Posted: 22 Mar 2012 11:58 AM PDT

Public scrutiny of the coal sector threatens to derail the budget session after the state auditor warns of $210bn losses in the sale of coal assets

Israel feels mixed emotions over Syria

Posted: 22 Mar 2012 10:12 AM PDT

Intelligence reports indicate they have believed for some time that the current Damascus regime is heading for collapse

Ahern failed to tell truth, says inquiry

Posted: 22 Mar 2012 10:31 AM PDT

Long-running inquiry finds Ireland's former prime minister failed to 'truthfully account' for secret payments made to him in 1990s

Backers pile pressure on Santorum

Posted: 22 Mar 2012 10:56 AM PDT

Rick Santorum needs to re-establish himself as a credible alternative to Mitt Romney in next two state primaries, home turf of his top two backers

Schäuble leads race to head Eurogroup

Posted: 22 Mar 2012 09:35 AM PDT

Criticism surrounds Berlin because it controls so many European economic agencies while other nations jostle to position candidates for high-profile posts

Soldiers topple Mali regime

Posted: 22 Mar 2012 03:41 AM PDT

Military coup sparked by perceived weak response of President Amadou Toumani Touré to growing Tuareg rebellion in the north

Asian nations slash Iran oil imports

Posted: 22 Mar 2012 05:58 AM PDT

Move follows intense US efforts to persuade Asian buyers of Iranian crude to comply with Washington sanctions on Iran's central bank

China and Australia in $31bn currency swap

Posted: 22 Mar 2012 03:22 AM PDT

China signs Rmb200bn/A$30bn currency swap agreement with its biggest trading partner boosting the renminbi's profile in developed markets
Posted by Anonymous at 1:44 PM 0 comments
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