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Ghana's incumbent President John Mahama has been won presidential election

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Ghana's incumbent President John Mahama has been won presidential election, the electoral commission has announced. The commission said that John Mahama had won 50.7% against...

The ruling coalition of Prime Minister Victor Ponta is projected to win Romania's general election

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The ruling coalition of Prime Minister Victor Ponta is projected to win Romania's general election. Exit polls gave his Social Liberal Union (USL) about 57%...

Barack Obama supports a plan to raise taxes on families earning more than $250,000

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Republicans in the US House of Representatives are blocking a bill that would prevent a tax increase on the first $250,000 of income earned...

Opinion polls in Romania suggest a large win for the governing coalition led by Prime Minister Victor Ponta

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Polling stations have opened in Romania in the country's parliamentary elections. Opinion polls suggest a large win for the governing coalition led by Prime Minister...

Silvio Berlusconi has confirmed he will run for prime minister again in 2013

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Silvio Berlusconi has confirmed he will run for prime minister again in 2013. Former Italian Prime Minister Silvio Berlusconi told reporters in Milan that he...

ECB has revised down its eurozone growth forecasts for 2012 and 2013

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The European Central Bank (ECB) has revised down its eurozone growth forecasts for 2012 and 2013 as "economic weakness extends into 2013". ECB President Mario...

Mitt Romney has retreated into seclusion after his failed presidential run and has so little to do he is offering to change bedpans for sick friends to ease his boredom

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Former Republican candidate Mitt Romney has retreated into “seclusion” after his failed presidential run and has so little to do he is offering to...

Borut Pahor, former Slovenian prime minister, has won an emphatic victory in the country's presidential run-off election

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Borut Pahor, former Slovenian prime minister, has won an emphatic victory in the country's presidential run-off election. With almost all votes counted, Borut Pahor polled...

The final round of the contest for the leadership of the centre-left Democratic Party pitches veteran party leader Pier Luigi Bersani against Florence Mayor Matteo Renzi

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Italians have been voting in the final round of the contest for the leadership of the centre-left Democratic Party. The run-off vote pitches veteran party...

US treasury Secretary Timothy Geithner has said there will be no deal to avert a fiscal cliff unless Republicans accept a tax hike for the wealthy

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Timothy Geithner, the US treasury Secretary, has said there will be no deal to avert a "fiscal cliff" unless Republicans accept a tax hike...

Slovenian vote pits incumbent Danilo Turk against former PM Borut Pahor, who is favored to win by opinion polls

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Slovenians are voting today in a presidential run-off following days of protests over budget cuts and alleged government corruption. The vote pits incumbent Danilo Turk...

US Congress is kicking around the idea of replacing the dollar bill with dollar coins

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US Congress is kicking around the idea of replacing the dollar bill with dollar coins, as federal auditors have determined that the move could...

Eurozone unemployment rate hit a new record high in October

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Eurozone unemployment rate hit a new record high in October, while consumer price rises slowed sharply. The jobless rate in the recessionary euro area rose...

Barack Obama has met defeated Republican presidential candidate Mitt Romney for a private lunch at the White House

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Barack Obama has met defeated Republican presidential candidate Mitt Romney for a private lunch at the White House. Barack Obama and Mitt Romney discussed "America's...

President Barack Obama is to have lunch at the White House with defeated Republican election rival Mitt Romney

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President Barack Obama is to have lunch at the White House with defeated Republican election rival Mitt Romney, officials have confirmed. Thursday's face-to-face will be...

Eurozone finance ministers and the IMF have agreed on a deal on emergency bailout for debt-laden Greece

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Eurozone finance ministers and the IMF have agreed on a deal on emergency bailout for debt-laden Greece. They have agreed to cut debts by 40...

Voters in Spanish region of Catalonia have given a majority to parties seeking Catalan independence

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Voters in Spanish region of Catalonia have given a majority to parties seeking Catalan independence. However, Catalan President Artur Mas, who called the early election...

Egypt's stock market sees a plunge in its shares after President Mohammed Mursi granted himself sweeping new powers

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Egypt's stock market sees a plunge in its shares of almost 10% on Sunday, days after President Mohammed Mursi granted himself sweeping new powers. Protests...

Catalonia is holding key regional elections after a campaign that has focused on the issue of independence

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Catalonia, one of the most important regions of Spain, is holding key regional elections, after a campaign that has focused on the issue of...

Mitt Romney aides blast Republican "hypocrites" like Bobby Jindal and Newt Gingrich

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Former senior aides to Mitt Romney have hit back at the “hypocrites” in the Republican party who just days before the election were clamoring...

EU budget summit held in Brussels has ended without agreement on the 27-strong union's next seven-year budget

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EU budget summit held in Brussels has ended without agreement on the 27-strong union's next seven-year budget. Another meeting will have to be called to...

German Chancellor Angela Merkel says she doubts an agreement can be reached on the European Union's 2014-2020 budget at the summit taking place in Brussels

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German Chancellor Angela Merkel says she doubts an agreement can be reached on the European Union's 2014-2020 budget at the summit taking place in...

Nicolas Sarkozy is suspected of accepting thousands of euros from L'Oreal heiress Liliane Bettencourt, France's richest woman

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Frence’s ex-President Nicolas Sarkozy has arrived at a court in Bordeaux to be questioned over allegations he received illegal campaign donations in 2007. Nicolas Sarkozy...

EU leaders are to begin talks on the bloc’s 2014-2020 budget, with many of them calling for cuts in line with the savings they are making nationally

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EU leaders are to begin talks on the bloc’s 2014-2020 budget, with many of them calling for cuts in line with the savings they...

The French conservative UMP party has chosen Jean-Francois Cope as its next leader after a tight election marred by claims of fraud and ballot-stuffing

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The French conservative UMP party has chosen Jean-Francois Cope as its next leader after a tight election marred by claims of fraud and ballot-stuffing. Jean-Francois...