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Tuesday, May 28, 2013

EU eases hard line on austerity

EU eases hard line on austerity


EU eases hard line on austerity

Posted: 28 May 2013 11:12 AM PDT

France, Spain and the Netherlands to be given a waiver on the annual 3% deficit limit on condition national governments embark on labour market reforms

Russia to send more missiles to Syria

Posted: 28 May 2013 10:07 AM PDT

Ministers in Moscow vow to fulfil a delivery contract for S-300 anti-aircraft missiles a day after the EU agrees to lift its embargo on arming rebels

France seeks overhaul of ‘Robin Hood’ tax

Posted: 28 May 2013 11:34 AM PDT

France seeks overhaul of Europe's planned financial transaction tax to scale back its reach over derivatives while extending it to currency trades

China hackers target Australia spy agency

Posted: 28 May 2013 08:06 AM PDT

An investigation by the Australian Broadcasting Corporation alleges Chinese hackers stole blueprints for the country's new spy headquarters

Krueger to step down as US head economist

Posted: 28 May 2013 11:27 AM PDT

The changeover will make Jason Furman the fourth chair of the CEA in five years after Christina Romer and Austan Goolsbee departed during the first term

EU trade chief feels heat in China solar dispute

Posted: 28 May 2013 10:33 AM PDT

De Gucht faced Beijing rallying majority of EU member states against his proposal to impose provisional duties on Chinese-made solar products

Saudi tensions rise over call to harass women cashiers

Posted: 28 May 2013 08:33 AM PDT

A writer has drawn criticism after urging his Twitter followers to harass women hired to work as cashiers in big grocery stores in Saudi Arabia

EU warns on shift in drugs use

Posted: 28 May 2013 03:39 AM PDT

Report outlines how new drugs are being sold on the street as substitutes for illegal drugs, including amphetamine, ecstasy, heroin and cocaine

Kuroda honeymoon ends as bond prices fall

Posted: 28 May 2013 06:02 AM PDT

Success of Haruhiko Kuroda's growth strategy is in doubt as shockwaves send yields up in a move contrary to BoJ's plan to bring down borrowing costs

Five Star Movement flops in Italy polls

Posted: 28 May 2013 01:43 AM PDT

Beppe Grillo's anti-establishment group fails to repeat its success of February's general elections, as support for the Five Star Movement collapses

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