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Thursday, March 28, 2013

Italy’s Democrats fail to form government

Italy’s Democrats fail to form government


Italy’s Democrats fail to form government

Posted: 28 Mar 2013 12:19 PM PDT

Pierluigi Bersani tells president he has 'not found a solution' after being handed task of mustering enough support for a new administration

Obama appeals for ‘common sense’ gun law

Posted: 28 Mar 2013 11:07 AM PDT

Surrounded by families affected by gun violence, the president expressed dismay that the bill might not pass through Congress

Mortars kill 10 at Damascus university

Posted: 28 Mar 2013 11:20 AM PDT

An architecture college near government buildings is hit in the latest in an increasing number of shellfire incidents in the Syrian capital

Angry Cypriots withdraw bank deposits

Posted: 28 Mar 2013 12:10 PM PDT

Country's banks reopen, after being closed for two weeks, albeit under strict capital controls that authorities hope will prevent a bank run

Cypriot businesses feel liquidity pinch

Posted: 28 Mar 2013 08:40 AM PDT

Many Cypriot businesses are finding it hard to pay bills and wages as capital controls come into effect to protest the nation's financial sector

US seeks cyber espionage crackdown

Posted: 28 Mar 2013 11:32 AM PDT

US looks for new measures to deter hackers but that will not cause broader damage to the economic and political relationship with China

UK security service appoints new head

Posted: 28 Mar 2013 10:44 AM PDT

Andrew Parker, currently deputy director-general, moves to top job, taking over from Sir Jonathan Evans who is stepping down after six years in post

Mandela hospitalised with lung infection

Posted: 28 Mar 2013 09:08 AM PDT

South Africa's revered former president, Nelson Mandela, is 'responding positively' after being hospitalised with a recurrence of a lung infection

OECD gloomy on eurozone recovery

Posted: 28 Mar 2013 03:33 AM PDT

The bloc's recovery is unlikely to be sustained until the second half of next year, the OECD warns in its interim economic forecast

US growth revised higher

Posted: 28 Mar 2013 06:20 AM PDT

The quarter was still dragged down by big falls in defence spending and business inventories, both of which analysts regard as temporary

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