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Wednesday, April 30, 2014

Portugal opts for clean bailout exit

Portugal opts for clean bailout exit

Portugal opts for clean bailout exit

Posted: 30 Apr 2014 10:03 AM PDT

Success in raising cash from private markets convinces Lisbon credit line is unnecessary as public opposition to reforms and austerity grows

Fed sees spring rebound and tapers again

Posted: 30 Apr 2014 11:13 AM PDT

The Federal Open Market Committee says growth has picked up following a spell of winter gloom, implying cuts to stimulus will continue

Fast road and private cash’s slow growth

Posted: 30 Apr 2014 07:59 AM PDT

Opportunity to speed legally is enticement operators use to tempt drivers on to privately operated highway – yet they prefer free-to-use, public road

Kiev admits losing grip in east Ukraine

Posted: 30 Apr 2014 07:29 AM PDT

Oleksander Turchynov says Donetsk and Lugansk provinces lost to separatists, and says the challenge now was to 'prevent terrorism from spreading to other regions'

Italy criticises EU over jobs and growth

Posted: 30 Apr 2014 10:15 AM PDT

Pier Carlo Padoan rejects suggestions Italy is trying to evade deficit reduction targets and says weaker euro and higher inflation are key to recovery

China to pass US as largest economy

Posted: 29 Apr 2014 05:01 PM PDT

World's richest power since overtaking Britain in 1872, the US is about to be surpassed by China, a shift previously not expected until 2019

Marcegaglia warns on EU-US trade deal

Posted: 30 Apr 2014 05:09 AM PDT

President of Europe's biggest business lobby group says US must show more commitment to proposed Transatlantic Trade and Investment Partnership

China’s pollution plagues coastal waters

Posted: 30 Apr 2014 11:03 AM PDT

Sobering assessment of oceans follows the release of a report that estimated the extent of heavy metals pollution in China's agricultural land

Iraqis vote amid violence

Posted: 30 Apr 2014 08:20 AM PDT

Iraqis desperate for stability vote in parliamentary elections as sectarian divisions widen, two-and-a-half years after withdrawal of US forces

Pakistan media ‘in line of fire’

Posted: 29 Apr 2014 08:16 PM PDT

Human rights watchdog accuses authorities and non-state organisations of being linked to killings, intimidation and harassment of journalists
Posted by Anonymous at 1:34 PM 0 comments

Tuesday, April 29, 2014

Police in focus as Kiev loses grip in east

Police in focus as Kiev loses grip in east

Police in focus as Kiev loses grip in east

Posted: 29 Apr 2014 10:24 AM PDT

A confrontation in Donetsk on Monday exposes the divided loyalties of police who only recently suppressed pro-EU demonstrators in Kiev

Yanukovich accused of funding rebels

Posted: 29 Apr 2014 10:09 AM PDT

Acting prosecutor accuses ex-president of fleeing country with $32bn and says 15 banks are also being probed over funding separatist activities

France urges action to lower euro’s value

Posted: 29 Apr 2014 11:32 AM PDT

As Manuel Valls rallies support for a pledge to meet EU fiscal targets, he says Europe's growth initiatives must be matched by looser monetary policy

Chinese investors’ anger at trust default

Posted: 29 Apr 2014 08:50 AM PDT

Some of those who lost money after investing in a China Construction Bank product take to streets to seek refunds in wake-up call for country's leaders

Anglo Irish Bank executives spared jail

Posted: 29 Apr 2014 11:15 AM PDT

Pat Whelan and William McAteer put on probation pending July hearing after judge says breach of law was facilitated by financial regulator

Erdogan presses US to extradite Gulen

Posted: 29 Apr 2014 09:18 AM PDT

Turkey's prime minister has called on the US to extradite Fethullah Gulen, a Pennsylvania-based preacher, who has become a bitter rival

US ‘Bridgegate’ highlights need for reform

Posted: 29 Apr 2014 12:26 PM PDT

In the second in a series on US infrastructure, public sector mismanagement comes under the spotlight, as calls grow for enhanced private sector role

US offers $5m bounty for China executive

Posted: 29 Apr 2014 10:49 AM PDT

Li Fangwei, who was charged by New York prosecutors in 2009 with violating sanctions, is accused of trying to sell missile technology to Iran

Iraqis head to polls as violence flares

Posted: 29 Apr 2014 06:02 AM PDT

This week's election is largely seen as a referendum on the performance of Nouri al-Maliki, the prime minister, and many doubt he will be ousted

Mideast peace process peters out

Posted: 29 Apr 2014 10:16 AM PDT

Nine-month deadline that John Kerry set for the Middle East peace talks passed without any agreement despite best efforts to keep the process going
Posted by Anonymous at 1:31 PM 0 comments

Monday, April 28, 2014

US extends sanctions to Putin inner circle

US extends sanctions to Putin inner circle

US extends sanctions to Putin inner circle

Posted: 28 Apr 2014 10:28 AM PDT

EU is expected to follow suit but with weaker measures that include adding more names to the list of Russians facing travel bans and asset freezes

Moscow relief at level of US action

Posted: 28 Apr 2014 10:40 AM PDT

Individuals targeted are among country's most powerful and most trusted by Putin but list appears unlikely to have much new direct impact

Al Jazeera sues Cairo over crackdown

Posted: 28 Apr 2014 06:00 AM PDT

Qatari-owned broadcaster turns to international investor arbitration tribunal to seek payout for business losses after clampdown on its journalists

Obama hails US-Philippines defence pact

Posted: 28 Apr 2014 04:18 AM PDT

US president says deal is not designed to 'contain China' as it gives the Pentagon its first access to bases in the Philippines since 1991

Syria jihadist groups fight for oilfields

Posted: 28 Apr 2014 09:42 AM PDT

Vicious battles erupt as Isis and Jabhat Al-Nusra try to harness resources so they could reduce dependence on shadowy donor networks

US races to refuel infrastructure fund

Posted: 28 Apr 2014 10:02 AM PDT

Transportation secretary warns that temporary fixes are not enough to prevent the US road funding system from running out of money by August

Aerial search for flight MH370 called off

Posted: 28 Apr 2014 04:22 AM PDT

It is already the longest and most complex search in aviation history and officials say the next phase could take a further eight months to complete

Assad submits presidential candidacy

Posted: 28 Apr 2014 05:52 AM PDT

Western powers argue election amid civil war will be illegitimate and regime opponents have refused to participate in the June election

IMF warns Japan on need to reform

Posted: 28 Apr 2014 04:20 AM PDT

Report says Shinzo Abe's economic policy is losing momentum and warns growth could stall unless structural changes to the economy are made

Irish government offer to Pope Francis

Posted: 28 Apr 2014 10:40 AM PDT

Kenny backs papal visit in attempt to end hostility arising from sex abuse scandal and possibly in light of upcoming European elections
Posted by Anonymous at 1:27 PM 0 comments

Sunday, April 27, 2014

Pro-Russia rebels parade hostages

Pro-Russia rebels parade hostages

Pro-Russia rebels parade hostages

Posted: 27 Apr 2014 10:52 AM PDT

Hostage crisis adds to tensions in Ukraine as Russia builds up troops on eastern border in prelude to what Ukrainian leaders say could be invasion

Zimbabwe opposition in disarray

Posted: 27 Apr 2014 11:31 AM PDT

Moves to oust MDC leader Morgan Tsvangirai could herald split within main external challengers to Robert Mugabe

US and China step up emissions talks

Posted: 27 Apr 2014 09:42 AM PDT

Detailed discussions about the sensitive issue of carbon-cutting goals are most promising development in 20 years of climate change negotiations

Abbas calls Holocaust ‘most heinous crime’ of modern era

Posted: 27 Apr 2014 10:26 AM PDT

Gesture comes days after Israel formally declared an end to the peace talks with the Palestinians in response to Hamas-Fatah agreement

European Commission hopefuls in TV debate

Posted: 27 Apr 2014 07:07 AM PDT

Broadcast is part of an effort to give democratic legitimacy to the head of the commission, normally appointed after a deal between governments

Policy reform grinds to a halt in Congress

Posted: 27 Apr 2014 06:51 AM PDT

Republican advisers say lack of trust in President Barack Obama has helped thwart progress on any significant legislation

Philippines seeks US support in China fight

Posted: 27 Apr 2014 02:19 AM PDT

Concerns about China's maritime actions partly stem from the nine-dash line, a demarcation on Chinese maps that envelopes most of the South China Sea

Two popular popes raised to sainthood

Posted: 27 Apr 2014 05:45 AM PDT

Double canonisation ceremony has been interpreted by experts as an attempt to unite both conservative and reformist groups within the Catholic Church

Syria misses chemical weapons deadline

Posted: 27 Apr 2014 09:17 AM PDT

The expired deadline comes amid growing concerns that Syrians are still being exposed to chemical attacks despite progress in the removal programme

S Africa opposition fights for black vote

Posted: 27 Apr 2014 04:35 AM PDT

With the general election fast approaching, the Democratic Alliance is struggling to shed perceptions that it represents white interests
Posted by Anonymous at 1:12 PM 0 comments

Saturday, April 26, 2014

Obama warns S Korea over trade agreement

Obama warns S Korea over trade agreement

Obama warns S Korea over trade agreement

Posted: 25 Apr 2014 03:02 AM PDT

US president warns Seoul its treatment of US exporters risks jeopardising its entry to pan-Pacific trade deal after complaints against S Korean customs
Posted by Anonymous at 1:21 PM 0 comments

Friday, April 25, 2014

Kiev forces blockade rebel town

Kiev forces blockade rebel town

Kiev forces blockade rebel town

Posted: 25 Apr 2014 10:30 AM PDT

Ukrainian forces surround separatist stronghold of Slavyansk, as interim prime minister accuses Russia of 'wanting to start a third world war'

Gazprom raises pressure on Kiev

Posted: 25 Apr 2014 09:38 AM PDT

Gazprom is raising pressure on Kiev as EU pushes deal with Slovakia that would allow "reverse flows" of Russian gas to Ukraine from Slovakia

Liberals warn of painful landing in Russia

Posted: 25 Apr 2014 11:11 AM PDT

Three-day conference outside Moscow told that sanctions against Russian banks would bite given the dependence on access to western capital

US rancher splits Washington insiders

Posted: 25 Apr 2014 12:13 PM PDT

Conservative politicians and media outlets that rushed to support Cliven Bundy's campaign against federal grazing fees are backing away

Top judge blasts Erdogan over rule of law

Posted: 25 Apr 2014 12:23 PM PDT

The head of the constitutional court has put the prime minister in the dock, charging him with interfering in and undermining the judiciary

Pope Francis to canonise predecessors

Posted: 25 Apr 2014 06:54 AM PDT

More steps to reform the Church are expected to follow the Argentine pontiff's meetings with his advisory council of eight cardinals next week

Greeks warned of €14.9bn financing gap

Posted: 25 Apr 2014 10:41 AM PDT

An EU report has raised the prospect of the need for a third bailout despite a successful bond auction, although Athens disputes the figures

Iranians act to defy fuel price rises

Posted: 25 Apr 2014 07:39 AM PDT

President Hassan Rouhani imposes measures to reverse the economic mismanagement of Mahmoud Ahmadi-Nejad but citizens are not impressed

China family’s ship comes in, after 64 years

Posted: 25 Apr 2014 12:27 AM PDT

David Chen's victory ends his great-grandfather's battle for reparations for ships taken by the Japanese in the 1930s

China threatens to halt microblog permits

Posted: 25 Apr 2014 06:11 AM PDT

Parent company of Sina Weibo, China's largest microblog, comes under pressure from government regulators over pornographic content
Posted by Anonymous at 1:48 PM 0 comments

Thursday, April 24, 2014

Ukraine raises pressure on eastern rebels

Ukraine raises pressure on eastern rebels

Ukraine raises pressure on eastern rebels

Posted: 24 Apr 2014 11:02 AM PDT

Kiev responds to crisis by sending in helicopters and armoured vehicles to break rebel roadblocks and drop leaflets warning locals of 'Russian terrorists'

Obama warns Russia new sanctions ‘teed up’

Posted: 24 Apr 2014 10:54 AM PDT

US president says more sanctions will be enacted in days unless Russia's president Vladimir Putin honours a deal to de-escalate tensions in Ukraine

Israel halts peace talks with Palestinians

Posted: 24 Apr 2014 09:39 AM PDT

Prime Minister Benjamin Netanyahu accuses Palestinians of not wanting peace after a unity agreement was signed between PLO and Hamas

France vows resolve over budget deficit

Posted: 24 Apr 2014 10:55 AM PDT

Michel Sapin says Paris will honour European rules to reduce its deficit while trying to nurture higher growth and make companies more competitive

E-cig groups light up for extra marketing

Posted: 24 Apr 2014 12:24 PM PDT

Proposed FDA rules, which do not curb advertising spending, are part of efforts to oversee a sector that last year generated sales of $2bn

Obama seeks to reassure Japan on security

Posted: 24 Apr 2014 08:34 AM PDT

Shinzo Abe has pressed the visiting US leader for a renewed pledge of support, while seeking backing for Tokyo's moves to ease curbs on its military

China scraps cap on fines for polluters

Posted: 24 Apr 2014 05:30 AM PDT

Revision to environment legislation allows unlimited penalties in a sign Beijing is taking seriously the threat posed by decades of rapid growth

FCC accused of violating net neutrality

Posted: 24 Apr 2014 08:54 AM PDT

Public interest groups say the new rules allow service providers to pick internet 'winners and losers', disadvantaging smaller players

Mumbai vote is a tale of two cities

Posted: 24 Apr 2014 02:45 AM PDT

Turnout in city's richer enclaves is among Mumbai's lowest, while poorer residents vote in large numbers, creating fierce competition among the parties

Cargo overload cited in ferry sinking

Posted: 23 Apr 2014 10:03 PM PDT

South Korean prosecutors are looking into allegations the ferry was carrying more than three times the recommended maximum cargo weight
Posted by Anonymous at 1:47 PM 0 comments

Wednesday, April 23, 2014

China Resources ‘mistress’ link tracked

China Resources ‘mistress’ link tracked

China Resources ‘mistress’ link tracked

Posted: 23 Apr 2014 12:09 PM PDT

The state-owned group allocated many of its investment banking deals to institutions employing the disgraced chairman's alleged lover

Disappearances on rise in east Ukraine

Posted: 23 Apr 2014 09:06 AM PDT

A city councillor's death adds to a growing file of vigilante 'arrests' and disappearances blamed on armed separatists as law and order erode

US revives cold war thinking on Russia

Posted: 23 Apr 2014 11:14 AM PDT

The idea of isolating Vladimir Putin over the long term is attractive, but the global economy is interlinked in ways that make it impossible

Lisbon debt sale lifts eurozone spirits

Posted: 23 Apr 2014 10:23 AM PDT

A €750m bond issue with better than expected yield of 3.57 per cent paves way for Portugal to exit its three-year rescue programme

Business attacks tax swoop on tech groups

Posted: 23 Apr 2014 01:03 PM PDT

Enterprises have warned against interfering with a 'great economic success', while unions back OECD moves to reform rules for digital companies

Brazil moves to make up over US spy row

Posted: 23 Apr 2014 11:34 AM PDT

Countries are split on whether governance of the world wide web should be in the hands of a single UN body, or a cross-section of interested parties

France to slow deficit reduction plan

Posted: 23 Apr 2014 10:54 AM PDT

Fiscal deficit for 2015 will be equivalent to 3% of GDP, says government – in line with the EU's upper limit but higher than a previous pledge of 2.8%

Erdogan strikes new tone on Armenians

Posted: 23 Apr 2014 10:42 AM PDT

Turkey's prime minister goes further than any previous leader in issuing condolences over the mass killings of Armenians almost a century ago

Fed on course for further $10bn taper

Posted: 23 Apr 2014 10:17 AM PDT

Expected slowdown in asset purchases next week is being driven by a resilient economy that has shaken off its winter torpor

PLO and Hamas sign pact, as talks stall

Posted: 23 Apr 2014 09:55 AM PDT

Two sides plan unity government to pave way for elections but Israel says move torpedoes chance of extending crisis-hit peace negotiations
Posted by Anonymous at 1:47 PM 0 comments

Tuesday, April 22, 2014

Geneva deal means little in Lugansk

Geneva deal means little in Lugansk

Geneva deal means little in Lugansk

Posted: 22 Apr 2014 10:14 AM PDT

Activists hope to repeat last month's speedy, internationally condemned referendum in Crimea, which paved the way for Russia's annexation of province

Russia looks for economic self-reliance

Posted: 22 Apr 2014 09:39 AM PDT

Russia set out the need for more economic independence as Ukraine crisis has forced a rethink on the integration with the global economy of the last two decades

Judges back state affirmative action ban

Posted: 22 Apr 2014 10:47 AM PDT

Supreme Court ruling upholds Michigan law allowing state to block use of racial preferences in judging admissions to public universities

Iranian women seek rights reform

Posted: 22 Apr 2014 08:57 AM PDT

Half of the country's university students are female but the unemployment rate for young women is at 42%, twice the national average

Nigeria continues search for kidnapped girls

Posted: 22 Apr 2014 08:58 AM PDT

Hundreds of kidnapped girls are still missing despite a high-profile rescue operation and amid mounting criticism of the army's inability to rein in militants

S Korea ferry owner faces financial probe

Posted: 22 Apr 2014 06:29 AM PDT

Country's financial regulator launches investigation into both operator and owner of ill-fated ferry over possible illegal foreign exchange transactions

Italy’s right wants end to migrant rescue

Posted: 22 Apr 2014 06:04 AM PDT

Parties call for suspension of EU-backed mission to help those who make dangerous sea crossing from north Africa, putting immigration back on agenda

China sports shoe plant halted by strike

Posted: 22 Apr 2014 05:00 AM PDT

Disruption over claims that Yue Yuen failed to pay the correct amount of social security and housing allowance contributions required under law

Saudi health minister removed

Posted: 22 Apr 2014 04:19 AM PDT

Health minister is removed after a new surge in cases of respiratory virus in the kingdom prompts fears that the way it spreads is evolving

Japan groups exposed to Chinese lawsuits

Posted: 22 Apr 2014 03:39 AM PDT

China's new openness to law suits brought by private individuals against Japanese companies comes as tension simmers between the two countries
Posted by Anonymous at 1:30 PM 0 comments

Monday, April 21, 2014

Japanese ship held in wartime claims row

Japanese ship held in wartime claims row

Japanese ship held in wartime claims row

Posted: 21 Apr 2014 10:42 AM PDT

Case comes at a time of escalating tension between China, Asia's largest economy, and Japan amid rising nationalism in both countries

Russia steps up east Ukraine rhetoric

Posted: 21 Apr 2014 05:47 AM PDT

Sergei Lavrov, Russia's foreign minister, says Moscow would 'stop' attempts to trigger a civil war in order to rescue Russians from 'lawlessness'

Police move adds to S Korea ferry fury

Posted: 21 Apr 2014 06:52 AM PDT

Legality of police decision to prevent bereaved relatives marching on Seoul questioned, as president lambasts crew for deserting the vessel

Hundreds dead in South Sudan massacre

Posted: 21 Apr 2014 11:42 AM PDT

UN officials describe scene in Bentiu, an isolated oil town, after anti-government forces killed civilians according to ethnicity

Turkey smooths way for mega-projects

Posted: 21 Apr 2014 12:26 PM PDT

State guarantees increased so Treasury can assume companies' debt for public infrastructure projects worth more than TL1bn ($470m)

Cuts put Portugal welfare system on rack

Posted: 21 Apr 2014 11:03 AM PDT

Investors may be enthusiastic again but three years of recession and austerity have stretched services and exacerbated social inequality

Assad calls elections as confidence grows

Posted: 21 Apr 2014 10:51 AM PDT

Syrian leader's announcement met with fresh round of rebel violence as opposition leaders scorn plan to hold vote in country embroiled in civil war

India’s top court lifts ban on mining in Goa

Posted: 21 Apr 2014 10:02 AM PDT

The Supreme Court decision to lift the 18-month ban on mining in Goa has been welcomed but analysts warn it may be months before production can resume

Move to alter village’s anti-Semitic name

Posted: 21 Apr 2014 09:18 AM PDT

Inhabitants of Spain's Castrillo Matajudíos, which means 'Kill the Jews', set for referendum on changing name believed to date from the Inquisition

Brazil turns to drones to protect Amazon

Posted: 21 Apr 2014 08:10 AM PDT

Aerial surveillance is being used by municipalities to ensure farmers keep to a strict new code aimed at preventing total deforestation
Posted by Anonymous at 1:21 PM 0 comments
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