With euro zone inflation disappearing, ECB poised to act
Euro zone inflation fell unexpectedly in May, all-but sealing the case for the European Central Bank to act this week with a batch of measures to stimulate the economy and keep it from the clutches of deflation. Annual consumer inflation in the 18 countries sharing the euro fell to 0.5 percent in May from 0.7 percent in April, the EU's statistics office Eurostat said on Tuesday. Economists polled by Reuters had expected inflation to remain steady.
U.N. rights chief urges China tell truth on Tiananmen
United Nations human rights chief Navi Pillay on Tuesday called on China to reveal the truth about the army's violent suppression of mass pro-democracy protests on Beijing's Tiananmen Square 25 years ago.
Ukraine army targets separatists in new offensive in east
Fighting raged in eastern Ukraine for the second straight day on Tuesday as the army rolled out an offensive against pro-Russia separatists holding the city of Slaviansk, with dead and wounded on both sides, the Ukrainian government said.
China accelerates as euro zone stumbles
Signs of an economic revival in China have raised hopes that Beijing's targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.
Russia grants gas respite but seeks U.N. vote on Ukraine
Russia gave Ukraine a breathing space on Monday in a multi-billion-dollar gas dispute but balanced the concession with fierce denunciations of Kiev and NATO, while fighting raged all day in eastern Ukraine.
Russia, NATO trade accusations over Ukraine crisis
Russia's envoy to NATO on Monday accused the Western alliance of encouraging the use of force by the Ukrainian government in eastern Ukraine and of hampering efforts to find a peaceful solution to the crisis, Russian news agency RIA reported.
Rebound in euro zone credit ratings: overdue or overshoot?
Rating agencies are falling over each other to upgrade the euro zone's crisis countries, but with debt levels in most still rising and growth and reforms slow, the question is whether the new-found optimism has swung too far.
Snubs, harsh words at Asia security meet as U.S. and Japan rile China
When Japan's defense minister greeted the deputy chief of staff of China's army at a regional security forum this weekend, he was undiplomatically snubbed.
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