CAIRO (Reuters) - Secretary of State John Kerry will stress the importance Egypt achieves political consensus for painful economic reforms needed to secure an IMF loan, a senior U.S. official said on Saturday. Kerry arrived in Egypt on his first visit to the Arab world since taking office for talks with the leaders of a country mired in political and economic crisis two years after the...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Feb
26
Italy parties seek way out of election stalemate
Label: BusinessROME (Reuters) - Italy's stunned political parties looked for a way forward on Tuesday after an election that gave none of them a parliamentary majority, posing the threat of prolonged instability and European financial crisis. The results, notably by the dramatic surge of the anti-establishment 5-Star Movement of comic Beppe Grillo, left the center-left bloc with a majority in the lower...
Feb
25
Powers to offer Iran sanctions relief at nuclear talks
Label: BusinessALMATY (Reuters) - Major powers will offer Iran some sanctions relief during talks in Almaty, Kazakhstan, this week if Tehran agrees to curb its nuclear program, a U.S. official said on Monday. But the Islamic Republic could face more economic pain if it fails to address international concerns about its atomic activities, the official said ahead of the February 26-27 meeting in the central...
Feb
24
Frustrated Italians vote in crucial election for euro zone
Label: BusinessROME (Reuters) - Italians voted on Sunday in one of the most closely watched and unpredictable elections in years, with pent-up fury over a discredited elite adding to concern it may not produce a government strong enough to lead Italy out of an economic slump. The election, which concludes on Monday afternoon, is being followed closely by investors; their memories are still fresh of...
Feb
23
Iran announces uranium finds, days before nuclear talks
Label: BusinessDUBAI (Reuters) - Days before resuming talks over its disputed atomic program, Iran said on Saturday it had found significant new deposits of raw uranium and identified sites for 16 more nuclear power stations. State news agency IRNA quoted a report by the Atomic Energy Organisation of Iran (AEOI) which said the reserves were discovered in northern and southern coastal areas and had trebled...
Feb
22
South African court grants Pistorius bail in murder case
Label: BusinessPRETORIA (Reuters) - A South African court granted bail on Friday to Oscar Pistorius, charged with the murder of his girlfriend, after his lawyers argued the "Blade Runner" was too famous to pose a flight risk. The decision by Magistrate Desmond Nair drew cheers from the athlete's family and supporters, although he appeared unmoved. Pistorius had broken down in tears earlier in the week-long...
Feb
21
Nigerian troops surround French family's kidnappers: source
Label: BusinessYAOUNDE/MAIDUGURI, Nigeria (Reuters) - Nigerian security forces surrounded the kidnappers of a French family in northeast Borno state on Thursday in an operation to rescue the hostages, a Nigerian military source said. French, Nigerian and Cameroonian officials earlier denied French media reports that the family, who were seized in Cameroon and taken over the border, had been freed. ...
Feb
20
Bulgarian government resigns amid growing protests
Label: BusinessSOFIA (Reuters) - Bulgaria's government resigned on Wednesday after mass protests against high power prices and falling living standards, joining a long list of European administrations felled by austerity during four years of debt crisis. Prime Minister Boiko Borisov, an ex-bodyguard who took power in 2009 on pledges to root out graft and raise incomes in the European Union's poorest...
Feb
19
Venezuela's Maduro would win vote if Chavez goes: poll
Label: BusinessCARACAS (Reuters) - Venezuelan Vice President Nicolas Maduro would win a presidential vote should his boss Hugo Chavez's cancer force him out, according to the first survey this year on such a scenario in the South American OPEC nation. Local pollster Hinterlaces gave Maduro 50 percent of potential votes, compared to 36 percent for opposition leader Henrique Capriles. Chavez...
Feb
18
Time to refer Syrian war crimes to ICC, U.N. inquiry says
Label: BusinessGENEVA (Reuters) - United Nations investigators said on Monday that Syrian leaders they had identified as suspected war criminals should face the International Criminal Court (ICC). The investigators urged the U.N. Security Council to "act urgently to ensure accountability" for violations, including murder and torture, committed by both sides in a conflict that has killed an estimated...
Feb
17
Pope, nearing retirement, says pray "for me and next pope"
Label: BusinessVATICAN CITY (Reuters) - Pope Benedict asked the faithful to pray for him and for the next pope, addressing a crowded St. Peter's Square in his penultimate Sunday address before becoming the first pontiff in centuries to resign. The crowd chanted "Long live the pope!," waved banners and broke into sustained applause as he spoke from his window. The 85-year-old Benedict, who will resign...
Feb
16
Pistorius, girlfriend were planning future: uncle
Label: BusinessJOHANNESBURG (Reuters) - South African athlete Oscar Pistorius was planning a future with girlfriend Reeva Steenkamp, who he is accused of shooting in cold blood this week, his uncle said on Saturday. "We are in a state of total shock - firstly about the tragic death of Reeva who we had all got to know well and care for deeply over the last few months," Anthony Pistorius said in a statement...
Feb
15
Meteorite hits central Russia, more than 500 people hurt
Label: BusinessCHELYABINSK, Russia (Reuters) - A meteor streaked across the sky and exploded over central Russia on Friday, sending fireballs crashing to earth which shattered windows and damaged buildings, injuring more than 500 people. People heading to work in Chelyabinsk heard what sounded like an explosion, saw a bright light and then felt a shockwave, according to a Reuters correspondent in the...
Feb
14
"Blade Runner" Pistorius charged with murdering girlfriend
Label: BusinessJOHANNESBURG (Reuters) - South African "Blade Runner" Oscar Pistorius, a double amputee who became one of the biggest names in world athletics, was charged on Thursday with shooting dead his girlfriend at his upscale home in Pretoria. Police said they opened a murder case after a 30-year-old woman was found dead at the Paralympic and Olympic star's house in the Silverlakes gated complex...
Feb
13
Insight: Divided Damascus confronted by all-out war
Label: BusinessDAMASCUS (Reuters) - MiG warplanes roar low overhead to strike rebels fighting to oust President Bashar al-Assad on the fringes of Damascus, while artillery batteries pound the insurgents from hills overlooking a city divided between all-out war and a deceptive calm. Whole families can be obliterated by air raids that miss their targets. Wealthy Syrians or their children are kidnapped....
Feb
12
China joins U.S., Japan in condemning North Korea nuclear test
Label: BusinessSEOUL (Reuters) - North Korea conducted its third nuclear test on Tuesday in defiance of existing U.N. resolutions, drawing condemnation from around the world, including from its only major ally, China, which summoned the North Korean ambassador to protest. The reclusive North said the test was an act of self-defense against "U.S. hostility" and threatened further, stronger steps if necessary....
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