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Monday, September 30, 2013

Education cuts hit America’s poor

Education cuts hit America’s poor

Education cuts hit America’s poor

Posted: 30 Sep 2013 04:20 AM PDT

If cuts continue, it is unclear how the Head Start programme, once part of Lyndon Johnson's 'Great Society' campaign, will be sustained

Berlusconi faces party revolt

Posted: 30 Sep 2013 10:47 AM PDT

Enrico Letta is banking on wooing members of Silvio Berlusconi's party after ministers ordered by the former PM to resign expressed their misgivings

Washington shutdown looms as deal hopes fade

Posted: 30 Sep 2013 12:39 PM PDT

Republican House speaker worries that his party will be blamed for a shutdown and will eventually have to concede to the Democrats

Turkey’s PM unveils political reforms

Posted: 30 Sep 2013 09:07 AM PDT

Measures could help restore PM's reputation as a reformer following crackdown on protests but may not satisfy Kurds and religious minorities

Merkel may bend on minimum wage

Posted: 30 Sep 2013 08:28 AM PDT

In order to seal a deal with another party, the chancellor is almost certain to offer at least one policy a partner could claim as its own

French revolt against Sunday opening curbs

Posted: 30 Sep 2013 08:38 AM PDT

Advocates of liberalisation say thousands of jobs could be created but unions say law must be clarified and workers' rights protected

Indian and Pakistan military leaders to meet

Posted: 29 Sep 2013 11:30 PM PDT

Senior military leaders in India and Pakistan are to meet in the latest effort to repair a much-violated ceasefire between the two countries

Venezuelan leader seeks to deflect blame as woes mount

Posted: 30 Sep 2013 06:57 AM PDT

Although the Opec nation receives $100bn in oil revenues every year, mismanagement and policy incoherence mean its economic problems continue to mount
Posted by Anonymous at 1:18 PM 0 comments

Sunday, September 29, 2013

Italy’s premier seeks to shore up government

Italy’s premier seeks to shore up government

Italy’s premier seeks to shore up government

Posted: 29 Sep 2013 10:35 AM PDT

Letta seeks urgent parliamentary support for a new government after centre-right leader Berlusconi pulls ministers out of five-month-old coalition

Washington faces shutdown in budget stand-off

Posted: 29 Sep 2013 11:02 AM PDT

Spending reductions causing most damage in regions that weathered the recession better than the rest of America, according to FT analysis

Rouhani’s efforts raise Iranians’ hope

Posted: 29 Sep 2013 09:50 AM PDT

Analysts believe president's efforts on the sidelines of the UN General Assembly had the blessing of the highest echelons of the Islamic regime

Netanyahu to talk tough on Iran to Obama

Posted: 29 Sep 2013 12:30 PM PDT

Israeli leader, who calls stopping Iran developing nuclear bombs the defining issue of his premiership, wants the country to stop all uranium enrichment

Toxic weapons enforcers head for Syria

Posted: 29 Sep 2013 01:02 PM PDT

International inspectors will arrive in Damascus this week to begin the process of verifying and destroying the country's stockpile

Mexico struggles to stem faltering growth

Posted: 29 Sep 2013 09:36 AM PDT

A tepid US recovery and catastrophic flooding have hit GDP prospects, but investors remain confident in the president's reform plans

Modi attacks India’s Congress dynasty

Posted: 29 Sep 2013 08:27 AM PDT

BJP's prime ministerial candidate tells mass rally that voters will have to choose between 'dynastic rule' and 'people's rule' at next year's polls

Yellen’s Fed record shows shrewd analyst

Posted: 29 Sep 2013 04:58 AM PDT

Frontrunner to lead US central bank a defender of dual mandate on unemployment and inflation, and a consistent advocate for greater transparency and communication

Austria grand coalition in slim poll win

Posted: 29 Sep 2013 12:46 PM PDT

Despite a strong challenge from the far right, the Social Democrats and People's party have gained enough seats to renew their alliance

Fernández faces rising Peronist rival

Posted: 29 Sep 2013 09:27 AM PDT

As support ebbs for the Argentine president's economic policies, one of her strongest potential rivals hails from her own political movement
Posted by Anonymous at 1:21 PM 0 comments

Saturday, September 28, 2013

Obama in historic call with Iranian president

Obama in historic call with Iranian president

Obama in historic call with Iranian president

Posted: 27 Sep 2013 01:21 PM PDT

The first conversation between leaders of the two countries follows the announcement that detailed negotiations with Iran over its nuclear activities will begin on October 15

UN to demand eradication of Syrian chemical weapons

Posted: 27 Sep 2013 05:56 PM PDT

The Organisation for the Prohibition of Chemical Weapons says timeframe agreed, which sets deadline for destroying weapons by mid-2014, is realistic

US Senate approves short-term budget

Posted: 27 Sep 2013 01:36 PM PDT

Congress must pass new budget by October 1, or trigger partial government closure. By October 17, Treasury says it will be near to running out of money
Posted by Anonymous at 1:24 PM 0 comments

Friday, September 27, 2013

Horror and heroism of Kenya mall attack

Horror and heroism of Kenya mall attack

Horror and heroism of Kenya mall attack

Posted: 27 Sep 2013 10:56 AM PDT

One week on from the start of the siege, as the search for bodies continues and the dead are laid to rest, a picture is emerging of what happened

Turkey chooses China for defence system

Posted: 27 Sep 2013 09:45 AM PDT

Ankara chooses China Precision Machinery Import-Export Corporation, rejecting rivals bids from western groups and alarming Nato

Germany’s SDP gambles with coalition vote

Posted: 27 Sep 2013 12:43 PM PDT

Germany's centre-left Social Democratics are set to gamble on whether to join a grand coalition with Angela Merkel's centre-right Christian Democrats

Gandhi speech stuns India’s ruling party

Posted: 27 Sep 2013 05:19 AM PDT

Unexpected statement describes Congress party's official policy of tolerance towards criminal members of parliament as 'nonsense' and 'wrong'

Study adds urgency to climate talks

Posted: 27 Sep 2013 10:55 AM PDT

The findings of the panel will feature in the next round of UN climate talks in Warsaw in November, where countries will be debating a climate change deal

Protest parties gather pace in Austrian poll

Posted: 27 Sep 2013 11:43 AM PDT

Since the eurozone crisis and bailout fund – to which Austria committed €19.5bn – populist candidates have become an attractive option in Sunday's poll

Shanghai free trade zone blueprint unveiled

Posted: 27 Sep 2013 04:04 AM PDT

Plan gives China's leaders controlled laboratory to experiment with loosened regulations on everything from interest rates to foreign investment

Dublin eyes faster repossession process

Posted: 27 Sep 2013 01:16 AM PDT

In a bid to tackle Ireland's growing mortgage crisis, a fast track court process will aim to speed up repossessions of buy-to-let properties
Posted by Anonymous at 1:29 PM 0 comments

Thursday, September 26, 2013

Iran leaders look for swift nuclear deal

Iran leaders look for swift nuclear deal

Iran leaders look for swift nuclear deal

Posted: 26 Sep 2013 10:50 AM PDT

As Mohammad Javad Zarif prepared to meet John Kerry, Iranian leaders signalled they want talks to move to a conclusion early in 2014

Letta faces mass resignation threat

Posted: 26 Sep 2013 11:24 AM PDT

PM to seek confirmation that coalition can struggle on at a cabinet meeting, with Treasury officials concerned the latest instability could trigger another downgrade

Obama and Republicans poles apart on US budget

Posted: 26 Sep 2013 10:40 AM PDT

Even by the standards of multiple confrontations between Obama and Republicans, this stand-off over the budget and debt ceiling appears intractable

Groups beach tax bills in Spanish shells

Posted: 26 Sep 2013 12:30 PM PDT

Once the ETVE holding company has been established all overseas dividends paid into it are exempt from local tax and can be easily moved on to a final destination

Egypt’s finance minister faces huge task

Posted: 26 Sep 2013 08:20 AM PDT

Ahmed Galal aims to reduce deficit from 14 per cent of gross domestic product in fiscal year that ended June 30 to around 10 per cent this year

Clashes over al-Aqsa threaten peace talks

Posted: 26 Sep 2013 11:16 AM PDT

Israeli defiance over ban on prayer at Jerusalem holy site stokes tension and leads authorities to subdue demonstrations from Palestinians

Interpol seeks arrest of ‘white widow’

Posted: 26 Sep 2013 09:48 AM PDT

British woman wanted by Kenyan authorities on charges of possessing explosives and conspiracy to commit a felony in December 2011

Shanghai gambles on new free trade zone

Posted: 26 Sep 2013 02:58 AM PDT

Some see the 28km free trade zone as a short-term boon for local property developers and landowners but others hope it will be a crucible for reform

A $100m apartment with a UN agenda

Posted: 26 Sep 2013 08:58 AM PDT

Demand for upmarket condominiums in New York City is so feverish that developers cannot build fast enough and prices are shattering records

Irish house prices rise

Posted: 26 Sep 2013 06:00 AM PDT

Surge in value of Dublin homes because of shortage of supply hauls up the national index but elsewhere in the country prices slip by 2.6%
Posted by Anonymous at 1:27 PM 0 comments

Wednesday, September 25, 2013

NY mayoral frontrunner takes on Wall St

NY mayoral frontrunner takes on Wall St

NY mayoral frontrunner takes on Wall St

Posted: 25 Sep 2013 09:19 AM PDT

De Blasio pledges to raise taxes on New Yorkers earning more than $500,000 to fund public education and focus on smaller businesses in poorer areas

EU steps up its courtship of Ukraine

Posted: 25 Sep 2013 08:51 AM PDT

The EU is stepping up its courtship of Ukraine as a tug-of-war with Russia for influence in eastern Europe escalates

Kerry and Zarif to meet at UN in New York

Posted: 25 Sep 2013 11:03 AM PDT

Meeting in New York to be highest level since 1979 and opens the way for fresh round of negotiations between Iran and the US over nuclear programme

Schäuble expected to keep finance job

Posted: 25 Sep 2013 11:41 AM PDT

Remaining as minister would signal to Brussels the continuity of government policy towards the eurozone, including the shape of a banking union

Strong earthquake hits Pakistan province

Posted: 25 Sep 2013 02:00 AM PDT

A magnitude 7.7 quake struck in the remote district of Awaran in Baluchistan leaving more than 200 dead and thousands homeless

Kenya mourns victims of Westgate siege

Posted: 25 Sep 2013 10:32 AM PDT

Official death toll climbs to 72 but police are still combing Nairobi mall wreckage with foreign forensic teams from five countries

China corruption cases pose risk to party

Posted: 25 Sep 2013 05:57 AM PDT

Some analysts say exposure of corruption cases involving some of China's most senior leaders is eroding confidence in ruling party at grassroots

America’s Cup promises thrilling finale

Posted: 25 Sep 2013 04:36 AM PDT

After 18 races and hundreds of millions of dollars, the yachting contest will be decided in the final race between Oracle Team USA and its New Zealand challenger

Cruz stalls moves to avoid Washington shutdown

Posted: 25 Sep 2013 02:03 AM PDT

Texas senator Ted Cruz invokes Dr Seuss and Chamberlain's appeasement of the Nazis in an attempt to frustrate efforts to delay a government shutdown

Weak economies to hamper UN climate fund

Posted: 25 Sep 2013 05:18 AM PDT

Struggling economies will hamper funding efforts of the global climate financing body as it finally opens its doors for business, its chief says
Posted by Anonymous at 1:22 PM 0 comments

Tuesday, September 24, 2013

Obama endorses diplomacy on Iran

Obama endorses diplomacy on Iran

Obama endorses diplomacy on Iran

Posted: 24 Sep 2013 11:34 AM PDT

Addressing the UN General Assembly, US president said success in the nuclear talks with Tehran would be a 'major step in a long road to a different relationship'

Kenya president says terrorists ‘defeated’

Posted: 24 Sep 2013 12:28 PM PDT

Kenyan police said they would update the total once they had counted the bodies trapped inside the wreckage of the collapsed building

SPD split over alliance with centre-right

Posted: 24 Sep 2013 01:01 PM PDT

Ms Merkel, who is five seats short of an absolute majority, can use the threat of a "black-green" coalition to persuade the SPD to do a deal

Qatar rethinks role in regional politics

Posted: 24 Sep 2013 05:47 AM PDT

After its backing of the Brotherhood in Egypt backfired, Doha is rethinking its support for Islamist groups, which has put it at odds with neighbours

Fed probes for leaks ahead of policy news

Posted: 24 Sep 2013 12:31 PM PDT

The Fed is investigating whether its decision not to taper was leaked in advance to some traders

Rousseff attacks US spying at UN

Posted: 24 Sep 2013 11:08 AM PDT

Rousseff proposes set of international norms to guarantee privacy on internet after opening general assembly with a broadside against American espionage activities

China considers faster cut in pollution

Posted: 24 Sep 2013 09:45 AM PDT

China is looking at scaling back the pollution that has made it the world's biggest greenhouse gas emitter faster than expected, according to Lord Stern

Guinness faces binge-drinking backlash

Posted: 24 Sep 2013 04:52 AM PDT

Drinks group Diageo promotes global marketing initiative Arthur's Day, but comes up against fears over rising alcohol consumption

Bangladesh garment workers in pay protest

Posted: 24 Sep 2013 04:51 AM PDT

About 50 people were injured on the fourth day of protests as the country's garment workers demand minimum wage

US house price gains slow as mortgage rates climb

Posted: 24 Sep 2013 08:05 AM PDT

The pace of house price gains is slowing as rising mortgage rates begin to bite
Posted by Anonymous at 1:42 PM 0 comments

Monday, September 23, 2013

Nairobi mall siege poised to end

Nairobi mall siege poised to end

Nairobi mall siege poised to end

Posted: 23 Sep 2013 12:31 PM PDT

Kenyan forces are now doing a room by room search after removing all bodies from the building

Merkel says Europe policy ‘will not change’

Posted: 23 Sep 2013 10:45 AM PDT

Angela Merkel declared that her re-election for a third term as German chancellor was 'a very strong vote for a united Europe'

FDP takes first painful steps to recovery

Posted: 23 Sep 2013 10:09 AM PDT

Liberal party chairman Rösler announces plan to resign and take blame for debacle. Young star Linder declares himself ready to take up post

US not ready to taper, says Fed official

Posted: 23 Sep 2013 11:25 AM PDT

William Dudley's comments will fuel uncertainty about the central bank's intentions, reiterating the June guidance of a possible 'taper' later this year

Iran invokes seventh-century peacemaker

Posted: 23 Sep 2013 09:37 AM PDT

When Ayatollah Ali Khamenei called for 'heroic flexibility' at this week's nuclear talks, he was echoing the title of tract about Imam Hassan

China seeks to erase Bo Xilai influence

Posted: 23 Sep 2013 06:13 AM PDT

His conviction was not surprising but the life sentence handed to the former highflying politician seems designed to ensure he has no way back

Israel offers boost to Palestinian economy

Posted: 23 Sep 2013 03:19 AM PDT

Series of confidence building measures comes as Palestinian leaders warn that settlement activity undermines support for negotiations

China pushes to join $4tn services talks

Posted: 23 Sep 2013 05:23 AM PDT

Beijing's motives are raising concerns in Washington, which is spearheading the talks due to a lack of progress in the WTO global deal

ECB ready to act again on bank liquidity

Posted: 23 Sep 2013 09:16 AM PDT

Central bank president Mario Draghi says ECB ready 'to use any instrument, including another LTRO if needed' to keep short-term rates at warranted level

China frees teenager in online rumour case

Posted: 23 Sep 2013 03:53 AM PDT

Sixteen-year-old is released after being accused of breaking new laws designed to tighten control in China over information on the Internet
Posted by Anonymous at 1:10 PM 0 comments

Sunday, September 22, 2013

Merkel celebrates ‘super result’

Merkel celebrates ‘super result’

Merkel celebrates ‘super result’

Posted: 22 Sep 2013 10:36 AM PDT

Merkel looks set to win third term but dead heat between left and right could force her into a coalition with the Social Democratic party

‘Many civilians’ trapped in Kenya siege

Posted: 22 Sep 2013 11:22 AM PDT

President says security forces trying to rescue innocent civilians. Up to 15 armed terrorists believed to be inside building

Scores killed in attack on Pakistan church

Posted: 22 Sep 2013 10:49 AM PDT

Taliban-linked group suspected of suicide bomb attack on church in Peshawar that left dozens of Pakistani Christians dead

China court gives Bo Xilai life sentence

Posted: 21 Sep 2013 10:25 PM PDT

Harsh sentence suggests China's leaders felt they had to make sure disgraced 64-year-old could not be released early and return to politics

Colombia grapples with farmers’ protests

Posted: 22 Sep 2013 09:25 AM PDT

Anger was channelled at President Juan Manuel Santos, and analysts warn he needs to work to restore confidence in his economic and political programme

Republican Cruz tests out call for unity

Posted: 22 Sep 2013 10:29 AM PDT

Conservative senator attempts to rally support in party for an effort to disrupt the implementation of President Barack Obama's healthcare law

Fear of violence ahead of India elections

Posted: 22 Sep 2013 10:22 AM PDT

In the run-up to the polls there is a heightened risk of activists trying to fan local conflicts into wider conflagrations for electoral gains

IPCC warns on Himalyan melting glaciers

Posted: 22 Sep 2013 11:00 AM PDT

Glaciers melting so fast they will affect the water supplies of a population twice that of the US within 22 years, UN climate change body says

Pope Francis attacks idolisation of money

Posted: 22 Sep 2013 11:13 AM PDT

Unemployment was a major theme of latest speech after warning Church it must shake off preoccupation with birth control and homosexuality

Czech president hits at political ‘mice’

Posted: 22 Sep 2013 09:50 AM PDT

Czech president Milos Zeman calls for more big personalities in politics and declares himself strongly pro-European Union
Posted by Anonymous at 1:21 PM 0 comments

Saturday, September 21, 2013

Challenge to McConnell stymies deal on budget

Challenge to McConnell stymies deal on budget

Challenge to McConnell stymies deal on budget

Posted: 20 Sep 2013 02:12 PM PDT

Poor re-election prospects of top Republican in Senate are having a direct impact on fight over the nation's budget playing out over the next 10 days

Three-year-old among 13 shot in Chicago

Posted: 20 Sep 2013 12:56 PM PDT

Police said the Cornell Square Park shooting appeared to be gang related, and involved a high-powered weapon with a high-capacity magazine
Posted by Anonymous at 1:19 PM 0 comments
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