Economy & Politics
Asian markets dip after Boston Marathon explosions
Asian markets have dropped in early trading after two explosions hit the Boston Marathon finishing line killing three people and injuring dozens more. Stock indexes...
Gold price falls to its lowest level in two years
Gold price has fallen to its lowest level in two years, on weak Chinese economic data, and receding fears about the chance of higher...
Nicolas Maduro wins Venezuela presidential election after beating Henrique Capriles
Socialist Nicolas Maduro has won a narrow victory in Venezuela's presidential being officially elected as the successor of the late leader Hugo Chavez. Nicolas Maduro...
China’s economy slows in first quarter of 2013
The Chinese economy, world's second-largest, has slowed and performed worse than many analysts expected in the first quarter of 2013. Annual growth was 7.7% in...
Cyprus to relax citizenship rules for foreign investors who lost at least 3M euros in bailout deal
Cyprus is to ease its citizenship rules for foreign investors who lost at least 3 million euros under the European Union bailout deal. Cypriot President...
Venezuela votes on Hugo Chavez successor
Venezuela is voting in new presidential election, called after the death of Hugo Chavez last month. Venezuela’s Acting President Nicolas Maduro, chosen by Hugo Chavez...
Venezuela Election: Henrique Capriles makes official complaint against Nicolas Maduro
Members of the Venezuelan opposition have made an official complaint against the government following allegations that it broke the law by continuing its electoral...
Sandy Hook mother Francine Wheeler replaces Barack Obama for presidential weekly address
Francine Wheeler, the mother of a victim of last year's Sandy Hook shootings, has replaced President Barack Obama to deliver the weekly US presidential...
Salam Fayyad resigns as Palestinian Authority prime minister
Palestinian PM Salam Fayyad has resigned, after a long-running dispute with President Mahmoud Abbas. Official Palestinian news agency Wafa said Mahmoud Abbas accepted Salam Fayyad's...
Barack Obama Tax Returns: US president’s earnings declined in 2012
According to his newly-released tax returns documents, President Barack Obama made $608,611 in 2012, down more than 20% from 2011. The decline in Barack Obama’s...
Ireland and Portugal to be granted extra 7 years to pay back bailout loans
Ireland and Portugal are to be granted an extra seven years to pay back their emergency bailout loans. The EU and the IMF bailed out...
Cyprus seeks help from EU to reduce burden of bailout conditions
Cypriot President Nicos Anastasiades has announced he will appeal for extra assistance from the EU after it emerged yesterday that the country would need...
Cyprus bailout to be finalized in Dublin eurozone finance ministers talks
Eurozone finance ministers meet in Dublin on Friday to finalize Cyprus bailout amid news that the country needs much more money than previously thought. The meeting...
Jose Mujica apologizes for referring to Cristina Fernandez de Kirchner as an “old hag”
Uruguay’s President Jose Mujica has apologized for apparently referring to Argentine President Cristina Fernandez de Kirchner as an "old hag". In a radio interview Jose...
US Senate begins gun control debate
The US Senate has begun debate on a proposal to expand criminal background checks on gun buyers. The bipartisan move marks the most serious consideration...
Cyprus bailout cost rises to 23 billion euros
According to a draft document prepared by Cyprus' creditors, the cost of the bailout for the country has increased to 23 billion euros ($30...
Cyprus sells its gold reserves to finance bailout
Cyprus has decided to sell off much of its gold reserves to help finance part of its bailout. An assessment by the European Commission says...
Barack Obama unveils $3.77 trillion budget plan including Social Security and healthcare cuts
President Barack Obama has unveiled a $3.77 trillion budget plan that includes new taxes on the wealthy along with cuts to benefit programmes. The White...
Luxembourg to relax bank secrecy from 2015
Luxembourg has announced it would ease the secrecy surrounding its banks by implementing rules on the automatic exchange of bank account information with its...
Francois Hollande calls for tax havens eradication
France’s President Francois Hollande has called for "eradication" of the world's tax havens and told French banks they must declare all of their subsidiaries. Francois...
Belgium sends EU complaint over Germany’s mini-jobs and low wage practices
Belgium has sent a complaint to the European Commission regarding low wages at some German firms, described by Belgium as unfair "social dumping". The Belgian...
Margaret Thatcher branded racist by Australian Foreign Minister Bob Carr on Lateline
Some of Margaret Thatcher’s comments have been described as "unabashedly racist" by Australian Foreign Minister Bob Carr in an interview with a local broadcaster. In...
Uhuru Kenyatta sworn in as Kenya’s new president
Uhuru Kenyatta has been sworn in as Kenya's president after winning elections against Raila Odinga back in March. Dignitaries and tens of thousands of people...
Barack Obama in tears as he urges Congress to vote gun control bill during Connecticut speech
President Barack Obama made an emotional plea as he urged lawmakers to vote on gun control legislation that appears to be stalling in Congress. Speaking...
Mary Jo White confirmed as new head of SEC
Mary Jo White has been confirmed by the US Senate as the new head of the Securities and Exchange Commission (SEC), the body that...
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