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Monday, June 30, 2014

Russia gives ground on Ukraine borders

Russia gives ground on Ukraine borders


Russia gives ground on Ukraine borders

Posted: 30 Jun 2014 10:21 AM PDT

EU had threatened wider economic sanctions unless Russia used its influence over pro-Russian militants to de-escalate the crisis in Ukraine

Kurds call for a decentralised Iraq

Posted: 30 Jun 2014 10:14 AM PDT

Iraqi Kurdistan's deputy prime minister warns that his semi-autonomous region will gain de facto independence if the slide into chaos continues

Chinese anti-graft drive targets ex-general

Posted: 30 Jun 2014 11:29 AM PDT

Communist party expels Gen Xu Caihou of the People's Liberation Army for allegedly taking bribes in return for promotions

Bodies of missing Israeli teens found

Posted: 30 Jun 2014 12:21 PM PDT

The discovery raised fears of retaliation by settlers and a tough response by the Israeli military, with Hamas being accused of being behind the kidnapping

Fears of Bulgarian bank crisis ease

Posted: 30 Jun 2014 10:42 AM PDT

The crisis in the Bulgarian banking system eases after the EU approves €1.7bn emergency credit line to the country

Argentina lashes out at US over debt

Posted: 30 Jun 2014 09:06 AM PDT

Buenos Aires is on the brink of technical default on its bonds for the second time in less than 15 years, but can still negotiate a settlement

Russia linked to energy cyber attack

Posted: 30 Jun 2014 08:00 AM PDT

More than 1,000 organisations have been infected by malware known as 'Energetic Bear', said to be operated by a state-backed group with ties to Russia

India’s building regulations in spotlight

Posted: 30 Jun 2014 06:44 AM PDT

Weak governance has meant corruption is rife in the real estate market, leading to fears of a rise in the number of rogue builders

Jokowi positive despite squandering lead

Posted: 30 Jun 2014 01:23 AM PDT

Despite losing a huge lead over his rival for the Indonesian presidency, frontrunner Joko Widodo is 'very confident' he can win over undecided voters

HK prepares for pro-democracy protests

Posted: 30 Jun 2014 02:53 AM PDT

The former British colony is gearing up for its annual day of demonstrations, amid rising tensions over the city's political future

Sunday, June 29, 2014

Isis declares establishment of caliphate

Isis declares establishment of caliphate


Isis declares establishment of caliphate

Posted: 29 Jun 2014 10:46 AM PDT

Inflammatory declaration came as Iraqi security forces counterattacked Isis positions in a bid to alter the balance of power with the Sunni armed groups

Kurdish fighters battle to keep up morale

Posted: 29 Jun 2014 06:58 AM PDT

While Kurdish forces are unlikely to lose a war to Isis should it choose to launch a full-scale attack, the fight could be costlier than leaders let on

Kiev urged to take firmer actions in east

Posted: 29 Jun 2014 12:07 PM PDT

The demonstration is the strongest sign yet that patience is running thin in Ukraine over repeated violations by pro-Russian separatists of a ceasefire

German minister pledges to keep UK in EU

Posted: 29 Jun 2014 11:02 AM PDT

In an interview with the Financial Times, Wolfgang Schäuble said an EU without its island neighbour would be 'absolutely not acceptable'

Argentina on the brink of technical default

Posted: 29 Jun 2014 05:35 AM PDT

Despite the rhetoric in Buenos Aires, most investors believe the country will find a way to settle in order to regain access to international markets

French minister attacks tourist tax rise

Posted: 29 Jun 2014 12:20 PM PDT

Hoteliers and private-sector businesses in the tourist trade are furious over plans for a sharp rise in taxes on tourists

Bulgaria’s leaders hold talks on banks

Posted: 29 Jun 2014 12:20 PM PDT

Second run on a Bulgarian-owned bank has prompted fears that other local lenders could face problems when they open on Monday

Wallenberg worried by Sweden’s shift left

Posted: 29 Jun 2014 05:57 AM PDT

Swedish industrialist says changes to tax regime and labour laws by a Social Democrat government could contribute to entrepreneurs leaving country

Protester sets himself alight in Tokyo

Posted: 29 Jun 2014 07:34 AM PDT

Protester in Shinjuku shopping district speaks against Abe's defence proposal, which is unpopular in Japan, before act of self-immolation

Thais call for boycott of EU luxury goods

Posted: 27 Jun 2014 03:58 AM PDT

A campaign to shun European brands has blazed across social media, as supporters of the military coup vent their anger at sanctions imposed by EU

Saturday, June 28, 2014

Italy leads challenge to Moscow sanctions

Italy leads challenge to Moscow sanctions


Italy leads challenge to Moscow sanctions

Posted: 26 Jun 2014 11:43 PM PDT

Italy will seek to curb US and German attempts to broaden the scope of sanctions against Russia at an EU summit on Friday

Friday, June 27, 2014

Baghdad residents await Isis attack

Baghdad residents await Isis attack


Baghdad residents await Isis attack

Posted: 27 Jun 2014 08:32 AM PDT

With a mixture of dread and defiance, residents of the capital are trying to carry on with their lives despite the potentially imminent arrival of militant sleeper cells

Turkey ready to accept Kurdish state

Posted: 27 Jun 2014 08:36 AM PDT

Independent country could serve as a buffer against the militant Islamic State of Iraq and the Levant, which Ankara sees as a threat

Iraq makes awkward allies of US enemies

Posted: 27 Jun 2014 08:57 AM PDT

Washington shares similar interests to Syria and Iran in crushing the Sunni insurgency, but the options for working together are limited

Britain left isolated by Juncker defeat

Posted: 27 Jun 2014 11:29 AM PDT

Decision, by 26 to 2, to select Juncker marks first time in EU history that a Commission president is not selected by consensus of national leaders

Cameron bemoans a ‘bad day for Europe’

Posted: 27 Jun 2014 10:45 AM PDT

Prime minister's failed attempt to stop Jean-Claude Juncker becoming European Commission president is huge setback in his attempt to reform the EU

EU sets deadline for Russia on Ukraine

Posted: 27 Jun 2014 10:24 AM PDT

Moscow faces the prospect of fresh sanctions if it fails to take concrete steps to implement a peace plan in eastern Ukraine by Monday

Accounting firms warn HK on democracy push

Posted: 27 Jun 2014 07:46 AM PDT

Global accounting companies EY, KPMG, Deloitte and PwC warned that some multinationals may quit the city if democracy activists disrupt business with protests

Murder of Monaco doyenne ‘a family affair’

Posted: 27 Jun 2014 08:36 AM PDT

Police investigating the killing of Hélène Pastor, a wealthy Monegasque, have moved this week to arrest family members allegedly involved in the affair

Argentina’s payment illegal, says judge

Posted: 27 Jun 2014 10:50 AM PDT

Argentina looks headed for default on Monday as Judge Thomas Griesa orders that money set aside to pay bondholders breaches his court ruling

Suárez woes mount as 888 cuts ties

Posted: 27 Jun 2014 03:12 AM PDT

Online gambling company 888 drops Uruguay footballer after he is banned for four months by Fifa for biting an Italian player during World Cup match

Thursday, June 26, 2014

Italy leads challenge to Russia sanctions

Italy leads challenge to Russia sanctions


Italy leads challenge to Russia sanctions

Posted: 26 Jun 2014 11:46 AM PDT

Italy will seek to curb US and German attempts to broaden the scope of sanctions against Russia at an EU summit on Friday

Iraq welcomes Syria strikes against Isis

Posted: 26 Jun 2014 11:17 AM PDT

Prime minister Nouri al-Maliki confirms that Syrian aircraft bombed positions of Isis Islamist militant along the Iraqi border at the city of Qaim

Suárez given 9-match ban for biting

Posted: 26 Jun 2014 10:46 AM PDT

The ban, the biggest Fifa has ever made during a World Cup, ends the Uruguayan striker's participation in the rest of the tournament

Jordan acquits Abu Qatada of terror charges

Posted: 26 Jun 2014 11:26 AM PDT

Radical cleric acquitted on 1990s terror charges, but continues to be detained on separate charges relating to a 2000 plot to attack tourists

Corsican independence group to disarm

Posted: 26 Jun 2014 07:30 AM PDT

Unexpected decision by FLNC signals an end to almost 40 years of armed struggle for Corsican independence that began in May 1976

US drones risk continual war, says report

Posted: 26 Jun 2014 10:22 AM PDT

The rapid global spread of the deadly technology has created a new arms race, according to a retired general and a former Pentagon official

Germany and EU row over energy subsidies

Posted: 26 Jun 2014 05:57 AM PDT

A row has broken out between Germany and the EU over subsidies for energy producers

Japan and N Korea plan talks on abductees

Posted: 26 Jun 2014 06:27 AM PDT

First substantive talks between the nations for more than a decade could herald lifting of Tokyo's sanctions on impoverished communist neighbour

Berlin drops Verizon over US spying fears

Posted: 26 Jun 2014 11:03 AM PDT

US group loses government upgrade contract over NSA links in first evidence of corporate fallout from Snowden affair

Wednesday, June 25, 2014

Iraqi PM rejects call for unity government

Iraqi PM rejects call for unity government


Iraqi PM rejects call for unity government

Posted: 25 Jun 2014 10:15 AM PDT

Nouri al-Maliki shows no sign he is willing to give up power or heed calls that an inclusive unity government be created

Roosevelt-era bank faces Tea Party assault

Posted: 25 Jun 2014 11:33 AM PDT

Future of ExIm Bank has come into question, with conservative Republicans and resurgent Tea Party branding it an instrument of crony capitalism

Surveys damp hopes of eurozone recovery

Posted: 25 Jun 2014 11:46 AM PDT

PMI, Ifo and Insee surveys point to weaknesses in Germany and France, suggesting growth in second quarter will be as poor as in previous three months

US first quarter worse than expected

Posted: 25 Jun 2014 06:31 AM PDT

Gross domestic product decline of 2.9% reflects revisions in healthcare spending rather than an economic slowdown

Allies abandon Cameron ahead of summit

Posted: 25 Jun 2014 11:49 AM PDT

UK leader set to be left nearly alone in opposition to Juncker appointment as president of the European Commission

Merkel toughens Russia sanctions talk

Posted: 25 Jun 2014 10:48 AM PDT

German chancellor warns Moscow could face 'level three' sanctions, bringing her position more closely into step with that of the US

Suárez at risk of losing sponsors

Posted: 25 Jun 2014 06:06 AM PDT

888 Poker reviews ties with the Uruguayan footballer while Fifa opens disciplinary proceedings for alleged biting incident during World Cup match against Italy

Tusk calls for vote of confidence

Posted: 25 Jun 2014 10:10 AM PDT

Polish prime minister Donald Tusk has sought a vote of confidence after an eavesdropping scandal that has shaken his government

Spain’s Princess Cristina faces trial

Posted: 25 Jun 2014 08:08 AM PDT

Court has ordered Spain's Princess Cristina, sister of King Felipe, to face trial on charges of tax evasion and money-laundering

China probe uncovers taste for vineyards

Posted: 25 Jun 2014 04:33 AM PDT

Subsidies earmarked for technology acquisitions were spent on 14 vineyards in France, while geologists meant to be studying shale gas made a detour to Las Vegas

Tuesday, June 24, 2014

China pushes for World Bank rival

China pushes for World Bank rival


China pushes for World Bank rival

Posted: 24 Jun 2014 11:54 AM PDT

Beijing courts Asian and Middle East states to develop competition for global institutions that it believes are too influenced by the US and its allies

Warning on Iraq leaders’ lack of urgency

Posted: 24 Jun 2014 10:38 AM PDT

Little progress seen on forming a cohesive national unity government to slow the country's slide into civil war despite international pressure

Le Pen fails to form EU political group

Posted: 24 Jun 2014 09:29 AM PDT

France's far right party fails to forge an official group in the European parliament and misses out on millions of euros in official funding

Foreign direct investment up 9% in 2013

Posted: 24 Jun 2014 10:03 AM PDT

Unctad report points to watershed in the way the biggest companies are investing overseas with more 'reshoring' and China set for net outflow of FDI

Renzi likens EU to ‘old boring aunt’

Posted: 24 Jun 2014 09:28 AM PDT

Italy's prime minister has said the EU has to change course as he outlined his aims for the country's six-month presidency of the bloc

Juncker’s style stirs doubt over top EU job

Posted: 24 Jun 2014 09:57 AM PDT

Luxembourg's ex-premier oversaw era that made his country rich, but dealmaking and favour-trading tactics make some reluctant to give him top EU job

Coulson guilty as Brooks walks free

Posted: 24 Jun 2014 07:04 AM PDT

Former News of the World editor has been found guilty of conspiracy to intercept voicemail messages, while Rebekah Brooks is cleared of all charges

Venezuela confronts volatile fuel dilemma

Posted: 24 Jun 2014 06:09 AM PDT

Economic crisis means President Nicolas Maduro might have no choice but to wind back the country's generous petrol subsidies

Putin moves to lift Ukraine troop mandate

Posted: 24 Jun 2014 12:08 PM PDT

Observers say the move is the clearest political signal yet that Vladimir Putin is seeking a political solution to the crisis in Ukraine

UN rejects Australian bid to renew logging

Posted: 23 Jun 2014 07:57 PM PDT

Australia loses a bid to delist 74,000ha of forest in Tasmania from world heritage protection to facilitate logging, following a ruling by Unesco

Monday, June 23, 2014

Van Rompuy urges EU to do less

Van Rompuy urges EU to do less


Van Rompuy urges EU to do less

Posted: 23 Jun 2014 06:30 AM PDT

Bloc should limit its ambitions and not take on policy issues that can better be handled by individual member states, says European Council president

Supreme Court backs US carbon curbs

Posted: 23 Jun 2014 11:55 AM PDT

The Environmental Protection Agency can continue to regulate certain greenhouse gases from power plants, but does not have a free hand

Bulgarians clash over Russian role in bank rescue

Posted: 23 Jun 2014 11:49 AM PDT

Dispute over rescue of politically-connected Corpbank brings up Sofia's close ties to Moscow, which are drawing scrutiny from the EU

Ukraine rebel leader agrees ceasefire

Posted: 23 Jun 2014 10:05 AM PDT

EU nations have threatened Moscow with another round of sanctions if it continues to flout the terms of an agreement in the country

Kerry calls for new government in Iraq

Posted: 23 Jun 2014 12:28 PM PDT

US secretary of state makes unannounced visit to press for more inclusive government as Sunni-led insurgency threatens to tear the country apart

Poland’s political elite bitten by bugs

Posted: 23 Jun 2014 12:59 PM PDT

Publication of recordings of Polish politicians' conversations has sparked the biggest crisis in the seven-year government of Donald Tusk

Ebola in west Africa ‘out of control’

Posted: 23 Jun 2014 10:17 AM PDT

Aid group Médecins Sans Frontières warns the outbreak that began in February is at risk of becoming a regional epidemic

Global anger as Egypt jails journalists

Posted: 23 Jun 2014 10:10 AM PDT

Freedom of speech fears as Cairo court hands sentences of seven to 10 years to journalists working for the Qatar-owned TV channel

Illicit economy engulfs Myanmar state

Posted: 23 Jun 2014 12:54 AM PDT

The resource-rich Kachin state is at the heart of a power struggle between China's encroaching economic interests and ethnic militias

Kuroda predicts temporary fall in inflation

Posted: 23 Jun 2014 09:25 AM PDT

Bank of Japan governor Haruhiko Kuroda has predicted a temporary drop in inflation over the summer before rising again towards the end of the year

Sunday, June 22, 2014

US seeks support for Baghdad shake-up

US seeks support for Baghdad shake-up


US seeks support for Baghdad shake-up

Posted: 22 Jun 2014 10:28 AM PDT

US secretary of state will be seeking political cover from allies in the Gulf for possible US military action against Sunni militants in northern Iraq

Foreign Office cuts anti-terror budget

Posted: 22 Jun 2014 12:16 PM PDT

Officials warn of the most severe threat to the UK from overseas terror groups since the London bombings in 2005

Putin balances patriotism with politics

Posted: 22 Jun 2014 09:39 AM PDT

On one hand, Mr Putin has been involved in negotiations with leaders. On the other hand, Ukraine says Russia is still providing insurgents with weapons

Pakistan attacks Sunni extremists

Posted: 22 Jun 2014 08:04 AM PDT

Sharif administration faces 'grim situation' as volume of refugees in North Waziristan threatens to overwhelm towns and villages

UK accused of failure on HK democracy

Posted: 22 Jun 2014 09:46 AM PDT

Anson Chan says Britain is caving in to pressure from China over voters' rights because of concerns about potential damage to trade relations

France seeks to shed renown for rudeness

Posted: 22 Jun 2014 04:44 AM PDT

The government is rolling out a plan to transform the tourist industry – not least by treating holidaymakers with a little more grace

State aid approval requests to EU rise

Posted: 22 Jun 2014 09:03 AM PDT

Increase suggests the government still feels it needs to intervene to boost growth and tackle areas of market failure despite economic recovery

Governor’s election signals ruling party strength in Nigeria

Posted: 22 Jun 2014 11:12 AM PDT

Controversial former governor returns despite public criticism of government over corruption allegations and the handling of Islamist violence

Luxury brands face S Korea battle

Posted: 21 Jun 2014 08:23 PM PDT

The €8.3bn South Korean luxury market, Asia's third largest behind China and Japan, has become a tougher place for global fashion houses

Rousseff wins party nomination

Posted: 22 Jun 2014 04:02 AM PDT

Dilma Rousseff remains the clear favourite to win the elections but her lead has been steadily eroding in the polls

Friday, June 20, 2014

Kiev calls ceasefire in bid to secure east

Kiev calls ceasefire in bid to secure east


Kiev calls ceasefire in bid to secure east

Posted: 20 Jun 2014 11:38 AM PDT

New president Petro Poroshenko prepares peace plan after saying his forces have cut off the flow of arms and fighters from Russia

Shia cleric calls for new Iraq government

Posted: 20 Jun 2014 09:52 AM PDT

Sistani intervention comes as thousands of supporters of another rival of prime minister are set to stage a show of force across the country

Mississippi Republicans stage rebellion

Posted: 20 Jun 2014 11:32 AM PDT

Southern US state is the latest battleground in a political civil war as the Tea Party looks to topple a veteran of the establishment

Cameron plan to stop Juncker backfires

Posted: 20 Jun 2014 10:59 AM PDT

Saga of attempts to block Luxembourg political fixer from assuming Brussels' top job has highlighted misunderstandings by London of Berlin's position

Red carpet treatment for China leader fell short

Posted: 20 Jun 2014 09:33 AM PDT

Beijing registered complaint with Downing St because the carpet rolled out for the Chinese head of government at Heathrow airport was 3m too short

China signs $4bn of deals with Greece

Posted: 20 Jun 2014 10:38 AM PDT

China has invested more than $4bn in Greece's transportation and energy sectors as the European country emerges from recession

Spain to cut taxes in economic push

Posted: 20 Jun 2014 08:54 AM PDT

Centre-right government has agreed to reduce rates levied on companies and incomes from early next year in advance of a general election

China brands HK democracy poll ‘illegal’

Posted: 20 Jun 2014 06:55 AM PDT

Battle over universal suffrage in the territory comes as the former British colony's residents worry about Beijing's rising influence

Campaigners cultivate Scottish farmers

Posted: 20 Jun 2014 07:32 AM PDT

Edinburgh and London seek support at the Royal Highland Show, where farmers question how independence would affect the English market and EU subsidies