News
World set to end year in brittle economic state
The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerging market giant Russia in a spiraling currency crisis.
News
EU to tighten sanctions on Crimea in time for leaders summit
The European Union will widen its ban on investment in Crimea to target Russian Black Sea oil and gas exploration, EU officials said on Wednesday, tightening sanctions first imposed over Moscow's annexation of the region.
News
Kerry says Russia has made 'constructive moves' on Ukraine in recent days
Russia has made constructive moves in recent days toward possibly reducing tensions in Ukraine, U.S. Secretary of State John Kerry said on Tuesday.
News
Greek PM Samaras asks for support as key vote nears
Prime Minister Antonis Samaras begged the Greek parliament on Tuesday not to throw away sacrifices made to keep the country solvent, a day before deputies begin a vote that could force a snap election and reignite financial crisis.
News
Wall Street opens lower on oil, rouble drop
U.S. stocks opened lower on Tuesday as a further slide in crude oil prices and the Russian ruble sent traders fleeing from risky assets on global economic concerns.
News
Draghi to urge European leaders to reform to back ECB stimulus
The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an ambitious monetary offensive to help revive the stagnant euro zone.
News
U.N. climate talks risk collapse as China clashes with U.S.
U.N. talks on slowing climate change were threatened with collapse on Saturday after China clashed with the United States and led emerging nations to reject a compromise outline of an agreement.
News
EU's Juncker says South Stream pipeline can still be built
European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.
|