Tuesday 16 September 2014

EU ministers rap France over broken vow

France yesterday faced harsh criticism for failing to meet a deadline to put its finances in order, as frustrated euro zone ministers struggled to keep alive their post-crisis strategy for the bloc's stagnating economy. Emboldened by the European Central Bank's (ECB) shif


US, EU hit Russia with more Ukraine sanctions

The United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east. President Vladimir Putin called the new sa


US opposes Iran role in anti-Islamic State coalition

US Secretary of State John Kerry said on Friday it was "not appropriate" for Iran to join talks on confronting Islamic State militants, as he appeared to play down how fast countries can commit to force or other steps in an emerging coalition. Kerry met Turkish leaders


Upswing in US retail sales spurs growth hopes

US retail sales rose broadly in August and consumer sentiment hit a 14-month high in September, supporting expectations for sturdy economic growth in the third quarter. The data on Friday helped ease concerns about soft consumer spending, which had lagged other fairly upbeat econ


Top Republicans back Obama's battle plan

The Republican leader of the US House of Representatives voiced support on Thursday for President Barack Obama's expanded campaign against Islamic State militants, but members of his party questioned whether the plan was forceful enough. Obama sent a panel of top administrati


Pistorius convicted of culpable homicide

Olympic and Paralympic track star Oscar Pistorius was convicted of culpable homicide on Friday, escaping the more serious charge of murder for the killing of his girlfriend, and will now battle to avoid going to prison. The 27-year-old double amputee, who became one of the bigges


Scottish unionists a nose ahead as vote approaches

Supporters of keeping Scotland in the United Kingdom have clawed back a tiny lead over separatists less than a week before Scots vote in an independence referendum that is balanced on a knife edge, opinion surveys showed on Friday. A YouGov survey for The Times and Sun newspapers


Syrian rebels release UN peacekeepers in Golan

Dozens of Fijian UN peacekeepers, released by al Qaeda-linked group Nusra Front in Syria, arrived in Israeli-held territory on the Golan Heights on Thursday, an Israeli military spokeswoman said. "We opened the border and they entered," the Israeli military spokeswoman


Iran says ‘difficult road to go’ to reach nuclear deal

Iran and world powers remain far apart over Tehran's nuclear programme, and they face a "difficult road" to reach a deal by a late November deadline, a senior Iranian negotiator said. Deputy Foreign Minister Abbas Araqchi spoke after a day of talks in Vienna with the three Europe


Gold falls to 7-month low as dollar weighs

Gold fell to its lowest level in 7-1/2 months on Thursday on a strong dollar and as tensions in Ukraine appeared to ease, failing to benefit from weaker shares after an unexpected rise in US jobless claims. Spot gold slipped 0.7 per cent to $1,240.30 an ounce by 1414 GMT, after d

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