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Monday, March 31, 2014

Ex-president warns Beijing on graft drive

Ex-president warns Beijing on graft drive

Ex-president warns Beijing on graft drive

Posted: 31 Mar 2014 08:08 AM PDT

Former Chinese leader warns against campaign seen as threatening interests and networks of some Communist party elders and stability of party rule

Tymoshenko seeks west’s military aid

Posted: 31 Mar 2014 10:21 AM PDT

Ex-PM urges the west to bolster the country's military defences and impose 'immensely strong' economic sanctions on Moscow

Hollande fires French prime minister

Posted: 31 Mar 2014 11:31 AM PDT

Manuel Valls, interior minister, succeeds Jean-Marc Ayrault as leader of a Socialist government reeling from party's worst election drubbing for years

Scientists clash over UN climate report

Posted: 31 Mar 2014 05:48 AM PDT

War of words over economic impact of global warming between IPCC document's chief author and economist over 'alarmist' and 'silly' statements

Future of Japan’s whale hunts in question

Posted: 31 Mar 2014 05:49 AM PDT

United Nation's legal arm is critical of country's annual cull of about 800 whales, which it has conducted under a research exception to global treaty

Fernández faces mother of political fights

Posted: 31 Mar 2014 10:04 AM PDT

Cristina Fernández's popularity has dived since her 2011 re-election and could drop further as the leftist leader tries to avoid economic troubles

Pakistan’s Musharraf charged with treason

Posted: 31 Mar 2014 07:19 AM PDT

Former military ruler's lawyer seeks a deal to allow Musharraf to leave Pakistan for humanitarian reasons after he is indicted on treason charges

Tensions rise as Koreas exchange fire

Posted: 31 Mar 2014 03:47 AM PDT

South Korea scrambles jets after Pyongyang fires shells into the sea off the west coast of the country in the most serious confrontation since 2010

Olmert found guilty of corruption

Posted: 31 Mar 2014 05:23 AM PDT

Charges relate to property deal while Mr Olmert was mayor of Jerusalem and is one of a number of corruption allegations against the ex-prime minister

Renzi pushes to redraw Italy’s constitution

Posted: 31 Mar 2014 12:22 PM PDT

If approved, Italy's reforms would streamline parliament with the aim of speeding up the legislative process and could reduce political instability
Posted by Anonymous at 1:24 PM 0 comments

Sunday, March 30, 2014

Kerry in Paris for Ukraine talks with Lavrov

Kerry in Paris for Ukraine talks with Lavrov

Kerry in Paris for Ukraine talks with Lavrov

Posted: 30 Mar 2014 05:27 AM PDT

Russia demands military neutrality for Ukraine, a federal structure, and promoting Russian to an official state language alongside Ukrainian

Hollande suffers local election blow

Posted: 30 Mar 2014 12:01 PM PDT

Rapid shake-up expected of Socialist government after gains for the main opposition UMP party and far-right National Front

Egypt presidential poll set for late May

Posted: 30 Mar 2014 11:45 AM PDT

Vote expected to formalise de facto rule of military leader, whose decision to resign to run for office sparks renewed protests by Muslim Brotherhood

CLS warns of financial system ‘shakedown’

Posted: 30 Mar 2014 11:42 AM PDT

CLS, a settlement house, filed a countersuit alleging that Alice's patents were overly broad and therefore invalid and unenforceable

US energy boom boosts population and income

Posted: 30 Mar 2014 09:06 AM PDT

Data solidify hopes that higher domestic production could be antidote to sluggish economic growth and weak labour market that has marked recovery

Turkey poll seen as referendum on Erdogan

Posted: 30 Mar 2014 07:25 AM PDT

Polarised electorate is poised to decide in the nationwide poll control of municipalities and possibly the Turkish prime minister's fate

Taiwanese rally against closer China ties

Posted: 30 Mar 2014 06:14 AM PDT

In the largest demonstration on the island since at least 2008, hundreds of thousands take to the streets in Taipei to support the student protest

Tax rise threatens to derail Abenomics

Posted: 30 Mar 2014 05:11 AM PDT

Most economists expect the world's number-three economy to suffer its first contraction in more than a year in the April-to-June quarter

Weidmann alters tactics on ECB policy

Posted: 30 Mar 2014 05:57 AM PDT

Many believe that Weidmann's shift toward the middle ground is a tactical manoeuvre rather than any real softening of his or the Bundesbank's view

Kiska wins Slovak presidential election

Posted: 30 Mar 2014 05:09 AM PDT

Slovakia is one of Europe's best-performing economies, but Fico's government has been unable to reduce unemployment below 13.5 per cent
Posted by Anonymous at 1:11 PM 0 comments

Saturday, March 29, 2014

‘Bridgegate’ scandal claims Port chairman

‘Bridgegate’ scandal claims Port chairman

‘Bridgegate’ scandal claims Port chairman

Posted: 28 Mar 2014 03:29 PM PDT

The departure of Chris Christie appointee follows a report that recommended significant changes to authority's structure and management
Posted by Anonymous at 1:38 PM 0 comments

Friday, March 28, 2014

Russia menaces Kiev with troop build-up

Russia menaces Kiev with troop build-up

Russia menaces Kiev with troop build-up

Posted: 28 Mar 2014 12:08 PM PDT

US and Nato want Moscow to pull back troops from the Ukrainian border, but Kiev is convinced more military intervention is likely

Tatars meet to debate annexation response

Posted: 28 Mar 2014 10:09 AM PDT

The debate highlights the delicate position of the 300,000-strong Crimean Tatar community, most of whom boycotted the referendum

‘Credible leads’ are not hard facts in MH370 quest

Posted: 28 Mar 2014 12:47 PM PDT

Sudden switches in search area show just how little real information investigators have – but the global spotlight forces them to reveal everything

Stoltenberg named as head of Nato

Posted: 28 Mar 2014 11:40 AM PDT

Former Norwegian prime minister will be the first ever Nato chief appointed from a country that shares a border with Russia

Surge in Obamacare may come too late

Posted: 28 Mar 2014 11:16 AM PDT

Latest figures offer no benchmark for whether healthcare policy designed for the young and low-income uninsured to buy coverage is working

UK lauds ‘significant’ Berlin support for EU changes

Posted: 28 Mar 2014 11:02 AM PDT

Germany's Schäuble would back treaty changes that 'guarantee fairness' and enshrine rights for Britain and other countries that stay outside the eurozone

UN study warns on cost of climate change

Posted: 28 Mar 2014 10:25 AM PDT

Global growth will suffer and crop yields will fall, says the most comprehensive assessment of global warming's effects in seven years

Turkey hits back at Gulenists over leaks

Posted: 28 Mar 2014 08:22 AM PDT

Sunday's elections have intensified crisis for Turkish PM, with many theories circulating as to who is responsible for the leaks damaging his government

Saudi king appoints deputy crown prince

Posted: 28 Mar 2014 09:39 AM PDT

The ageing monarch is seeking to cement domestic political stability in the oil-rich kingdom, where the US president has arrived for a visit

India election campaign takes bitter turn

Posted: 28 Mar 2014 08:34 AM PDT

Modi adds insult to attacks on Kejriwal and his anti-corruption party as politicians fight for votes of those fed up with the incumbent Congress
Posted by Anonymous at 1:32 PM 0 comments

Thursday, March 27, 2014

Old constraints spike Kremlin’s firepower

Old constraints spike Kremlin’s firepower

Old constraints spike Kremlin’s firepower

Posted: 27 Mar 2014 11:52 AM PDT

Experts say Moscow would be foolish to attempt further deployment of its largely underprepared forces in Ukraine after reforms had 'mixed' success

Tymoshenko to run for Ukraine presidency

Posted: 27 Mar 2014 12:52 PM PDT

Veteran of 2004 Orange revolution seeks to revive position against leaders of the anti-Yanukovich protests, 'chocolate oligarch' Poroshenko and former boxer Klitschko

Spain offers alternative to Russian energy

Posted: 27 Mar 2014 10:36 AM PDT

Spain's gas industry association says it can provide about 10 per cent of Russia's gas exports to Europe

Schäuble revives push for eurozone integration

Posted: 27 Mar 2014 11:37 AM PDT

Germany's finance minister seeks faster reforms to fuse economic governance under a budget chief and euro area parliament

Turkey blocks access to YouTube

Posted: 27 Mar 2014 11:40 AM PDT

Turkey blocks access to YouTube after a recording of the country's defence minister and its spy chief appears on the platform

Scale of Boko Haram insurgency revealed

Posted: 27 Mar 2014 10:31 AM PDT

The upsurge in violence has killed 1,000 and displaced a quarter of a million in the states of Borno, Yobe and Adamawa, the country's relief agency said

Renzi takes knife to public spending

Posted: 27 Mar 2014 06:57 AM PDT

An auction of ministerial cars including top-line Maseratis is the first step in an ambitious plan to save up to €34bn to fund tax cuts

Obama meets Pope in Rome for first time

Posted: 27 Mar 2014 05:30 AM PDT

The US president's state visit to the Vatican is expected to focus on shared themes of immigration, poverty and the growing gap between rich and poor

German business concerns over Russia ties

Posted: 27 Mar 2014 04:19 AM PDT

Concerns are growing among German businesses about exposure to Russia following the imposition of sanctions against Moscow by Europe and the US

Rio braced for World Cup as tensions rise

Posted: 27 Mar 2014 06:55 AM PDT

The favela slums in Rio de Janeiro have seen a rise in violence between drug gangs and police, less than 80 days before the football World Cup
Posted by Anonymous at 1:38 PM 0 comments

Wednesday, March 26, 2014

Obama warns against nationalist conflicts

Obama warns against nationalist conflicts

Obama warns against nationalist conflicts

Posted: 26 Mar 2014 11:42 AM PDT

US president sends a clear signal that he views the Russian annexation of Crimea as a direct challenge to western values

Crimea’s businesses in buoyant mood

Posted: 26 Mar 2014 12:28 PM PDT

Officials promise that the mooring of Crimea's financial future to a stronger economy is reason to celebrate, but the buoyant mood is tinged with trepidation

IMF rushes through $15bn bailout for Kiev

Posted: 26 Mar 2014 09:50 AM PDT

Concern Kiev running out of foreign currency and initial aid payments could be made by the end of April, according to officials involved in the negotiations

Merkel considers EU migrant restrictions

Posted: 26 Mar 2014 11:10 AM PDT

Proposals to limit the right of unemployed from other EU states to remain in Germany and tighten access to welfare benefits

Mas vows to press ahead with Catalan vote

Posted: 26 Mar 2014 10:48 AM PDT

Catalonian president vows to press ahead with independence vote despite a court ruling warning regions they have no right to self-determination

Bin Laden son-in-law found guilty

Posted: 26 Mar 2014 11:00 AM PDT

A jury takes five hours to convict Sulaiman Abu Ghaith on terrorism-related charges after a three-week trial which provided a rare insight into the former al-Qaeda leader

Turkey court rules against Twitter ban

Posted: 26 Mar 2014 11:26 AM PDT

Ankara district court imposes a stay on measure to ban Twitter after hearing Turkish Bar Association argue the block was disproportionate and illegal

Malaysia reveals more images of debris

Posted: 26 Mar 2014 06:50 AM PDT

French satellite from March 23 shows 122 objects in southern Indian Ocean, near two earlier sets of debris, as search for missing aircraft resumes

Egypt and Russia to boost trade ties

Posted: 26 Mar 2014 10:34 AM PDT

Moscow feels deeply uneasy that its traditional allies in the Middle East have crumbled and it is trying to establish new alliances

Pope replaces Germany’s ‘bishop of bling’

Posted: 26 Mar 2014 08:46 AM PDT

Franz-Peter Tebartz-van Elst, Bishop of Limburg, had faced widespread criticism for spending more than €31m renovating his official residence
Posted by Anonymous at 1:11 PM 0 comments

Tuesday, March 25, 2014

Banks pay out $100bn in US fines

Banks pay out $100bn in US fines

Banks pay out $100bn in US fines

Posted: 25 Mar 2014 11:42 AM PDT

Regulators and the Obama administration have sought to counter perceptions that bankers have got off lightly for their role in the financial crisis

Moscow’s move shows weakness, says Obama

Posted: 25 Mar 2014 11:52 AM PDT

While conceding Crimea was under Russian control, US president made clear he did not think Russia's move symbolised its return as a superpower

MH370 families furious at China officials

Posted: 25 Mar 2014 09:24 AM PDT

Families take to the streets in Beijing, storming the Malaysian embassy and raising the political stakes for the Chinese leadership

Venezuela eases currency controls

Posted: 25 Mar 2014 11:06 AM PDT

New arrangement welcomed as first step to normalising Venezuela's foreign exchange market but long-lasting relief not guaranteed

Brazil attacks credit downgrade by S&P

Posted: 25 Mar 2014 11:31 AM PDT

A downgrade of Brazil's credit rating to just above junk status underlines a growing lack of confidence in the country's fiscal and economic management

Egypt puts more Islamists on trial

Posted: 25 Mar 2014 09:49 AM PDT

Defence lawyers boycott proceedings in protest at what they say was judge's disregard for proper procedure in previous day's case when hundreds were sentenced for death

US draws together S Korea and Japan

Posted: 25 Mar 2014 06:47 AM PDT

Barack Obama is using Washington's clout to persuade Shinzo Abe and Park Geun-hye, the Japanese and South Korea leaders, to have a trilateral meeting

China urged to reform urban development

Posted: 25 Mar 2014 05:45 AM PDT

World Bank says Beijing would save $1.4tn on infrastructure if it introduced market reforms to decrease urban sprawl and abolished its hukou system

Pipeline attacks hit Yemeni oil industry

Posted: 25 Mar 2014 06:48 AM PDT

The Arab world's poorest country spent more last year on importing oil than it made from exports for the first time in almost 30 years
Posted by Anonymous at 1:04 PM 0 comments

Monday, March 24, 2014

Inmarsat hailed for confirming MH370 route

Inmarsat hailed for confirming MH370 route

Inmarsat hailed for confirming MH370 route

Posted: 24 Mar 2014 11:29 AM PDT

Communications satellite operator used Doppler effect to prove that the Malaysia Airlines flight went south over the Indian Ocean rather than north

Russia braced for $70bn in outflows

Posted: 24 Mar 2014 12:58 PM PDT

Capital outflows in the first quarter are expected to be closer to the top end of a $65bn-$70bn government estimate

US loses edge as employment powerhouse

Posted: 24 Mar 2014 12:15 PM PDT

Diverging trend between the US and the UK comes as central bankers in both countries try desperately to understand the dynamics in their respective labour markets

National Front relishes poll breakthrough

Posted: 24 Mar 2014 05:09 AM PDT

Breakthrough by the far-right in municipal elections raises the question of how big a challenge it now poses to the mainstream parties

EU widens tax sweeteners probe

Posted: 24 Mar 2014 06:33 AM PDT

The rare step indicates the importance the EU's top antitrust regulator places in its scrutiny of tax rulings for the likes of Starbucks

Shia fighters tip balance in Syria

Posted: 24 Mar 2014 08:17 AM PDT

Foreign involvement in Syria's conflict highlights the proxy war between Shia Iran and rival Sunni Gulf Arab states supporting the rebels

529 Morsi supporters sentenced to death

Posted: 24 Mar 2014 03:37 AM PDT

Protesters in the south of the country loyal to the former president were convicted for the murder of a policeman and for attacking other officers

Ben Ali changed rules to family’s benefit

Posted: 24 Mar 2014 10:54 AM PDT

World Bank researchers say Tunisia has yet to unravel regulatory structure at heart of Ben Ali era's economy, which still stifles competition

Nuclear summit secures handover deal

Posted: 24 Mar 2014 05:38 AM PDT

Symbolic deal is designed to give impetus to global efforts to secure nuclear material to prevent it 'from falling into the wrong hands'

UN flags up 2013 global weather extremes

Posted: 24 Mar 2014 05:28 AM PDT

UN's World Meteorological Organisation says although there is no definitive link, events were consistent with human-induced climate change
Posted by Anonymous at 1:26 PM 0 comments

Sunday, March 23, 2014

Obama seeks to boost Europe’s resolve

Obama seeks to boost Europe’s resolve

Obama seeks to boost Europe’s resolve

Posted: 23 Mar 2014 08:57 AM PDT

Overriding focus of meetings will be how to fashion and hold together tough line against Putin whose lightning incursion into Ukraine has startled the west

Top Nato general in Russian troops alert

Posted: 23 Mar 2014 12:14 PM PDT

General Philip Breedlove, commander of US and NATO forces in Europe, said Russian forces to east of Ukraine were 'very, very sizeable and very, very ready'

Erdogan defiant over Twitter ban

Posted: 23 Mar 2014 12:32 PM PDT

Mr Erdogan accused Twitter of fomenting unrest in Ukraine and Egypt as well as in Turkey itself by ignoring national laws under the name of freedom

NSA accused of breaching Huawei servers

Posted: 23 Mar 2014 08:56 AM PDT

The Chinese telecoms equipment maker condemns report that its servers were breached by the US National Security Agency amid fresh claims by Edward Snowden

French data lift hopes in jet search

Posted: 23 Mar 2014 06:31 AM PDT

Satellite images from French authorities show 'potential objects' near the southern corridor of search area, off southwest coast of Australia

German property rush chases concrete gold

Posted: 23 Mar 2014 07:44 AM PDT

Low interest rates have seen savers invest in houses and flats in a country famed for its renting culture and for saving 10 per cent of its income

Egypt’s army donates land for housebuilding

Posted: 23 Mar 2014 11:40 AM PDT

Arabtec, a UAE company, will build the new homes on 160m square metres of land in 13 provinces which are part of the army's vast land holdings in desert areas

Rousseff under fire over Petrobras deal

Posted: 23 Mar 2014 04:40 AM PDT

The controversy comes as Ms Rousseff, who was the head of Petrobras' board at the time of the deal, prepares to stand for a second term

China union challenges Walmart closure plan

Posted: 23 Mar 2014 01:10 AM PDT

The official ACFTU union is intervening in a worker compensation battle after US retailer decided to close some of its China stores

North Korea in fresh rocket launch

Posted: 22 Mar 2014 10:35 PM PDT

Pyongyang fires off string of rockets for a second straight day in protest at joint US-South Korea military exercises
Posted by Anonymous at 1:11 PM 0 comments

Saturday, March 22, 2014

Russian shares hit as sanctions bite

Russian shares hit as sanctions bite

Russian shares hit as sanctions bite

Posted: 21 Mar 2014 01:18 PM PDT

Legal experts warn that European and US companies who do business with Russia and Ukraine should take action to protect themselves

US deploys ‘guerrillas in grey suits’

Posted: 21 Mar 2014 11:53 AM PDT

The US honed financial targeting after 9/11, when the Treasury department started playing a prominent role in national security policy

EU and China deal ends wine wars

Posted: 21 Mar 2014 10:42 AM PDT

Ahead of a European tour by president Xi Jinping, Beijing agrees to drop probe into whether Europe's winemakers were dumping cheap wine on China's market

Zambia scraps foreign exchange controls

Posted: 21 Mar 2014 08:08 AM PDT

Lusaka blocks businesses from paying for goods and services in dollars and makes them repatriate foreign currency earned from exports
Posted by Anonymous at 1:40 PM 0 comments
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