| |
|
- Singapore keeps growth forecast amid eurozone woes
 Singapore on Thursday stuck to its economic growth projections of 1.0-3.0 percent for 2012 but warned there was a chance of a "disorderly sovereign debt default" in the eurozone that could hit exports.
- Insight: Swing states: Could Europe decide the U.S. election?
 NAVARRE, Ohio/WASHINGTON (Reuters) - The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad. As workers assemble the family-owned company's hot-air fabric welders, used to manufacture everything from inflatable rafts to truck tarps, it's hard to know the recession of 2007-2009 ever happened. Ten clocks on the wall of the plant in Navarre, Ohio, show local time from Norway to New Zealand and tell Miller Weldmaster's comeback story in a word: exports. Sixty percent of the company's business now comes from outside the United States. ...
- ECB move on Greek banks hits euro confidence
 FRANKFURT/ATHENS (Reuters) - The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections that look set to be won by parties opposing austerity measures. Fears that Athens is on the brink of crashing out of the euro zone and igniting a renewed financial crisis have rattled global markets and alarmed world leaders, with Greece set to figure high on the agenda at a G8 summit later this week. ...
- Copper rises after four-day slide, fragile gains
SINGAPORE (Reuters) - London copper edged higher for the first time in five sessions on Thursday with a firmer euro aiding its bounce from four-month lows in the previous session amid a deepening debt crisis in Europe exacerbated by political instability in Greece. The modest gains in copper suggests many investors are wary of bidding up prices aggressively given the contagion potential of a euro zone without Greece, a slowdown in top copper consumer China and the fragile state of the U.S. economy. FUNDAMENTALS * Three-month copper on the London Metal Exchange gained 0. ...
|
|
| more» |
| |
|
- US-Poland Business Council Announces Support for JOLT Act
Bipartisan Bill from Reps. Chabot, Heck, Quigley Would Create US Jobs and Strengthen Bilateral RelationshipWashington, DC (PRWEB) May 16, 2012 The US-Poland Business Council announced its support for the Jobs Originating Through Launching (JOLT) Act, introduced by Congressmen Steve Chabot (R-OH), Joe Heck (R-NV) and Mike Quigley (D-IL) in the U.S. House of Representatives today. ...
- Greenberg Traurig snags Dewey & LeBoeuf's Poland office
Greenberg Traurig has acquired more than 50 attorneys from New York-based Dewey & LeBoeuf to open a new office in Warsaw, Poland.
The acquisition follows months of speculation that Greenberg Traurig might merge with financially troubled Dewey & LeBoeuf. The firms reportedly abandoned merger talks several weeks ago while Greenberg Traurig eyed key personnel and important offices.
The office is Greenberg Traurig’s 35th worldwide. The Warsaw office will be Greenberg Traurig’s first in Eastern...
- Ukraine puts off Tymoshenko appeal hearings
 KIEV (Reuters) - A Ukrainian court delayed hearings on Tuesday into former prime minister Yulia Tymoshenko's appeal against last year's abuse-of-office conviction, a verdict seen by many Western nations as politically motivated. The European Union has condemned the former Soviet republic's ruling and Tymoshenko's seven-year prison sentence, urging her release and shelving landmark association and free trade deals with Ukraine over the issue. European leaders are also mulling a political boycott of the European football championship which Ukraine will host in June and July together with Poland. ...
|
|
| more» |
| |
|
|
- Jewish group suggests ban on far-right Greek party
 A major European Jewish organization is urging European governments to quickly adopt measures to tackle anti-Semitism and far-right extremism, including possibly banning a hardline Greek party that did unusually well in recent elections.
- Bush touts Arab spring, says US can't fear freedom
 Former President George W. Bush is praising the Arab spring movement and says the U.S. shouldn't fear the spread of freedom, even if it doesn't know what policies newly liberated countries will pursue.
|
|
| more» |
| |
|
|
- Turks take bird for Israeli spy
Villagers in south-eastern Turkey sound the alarm after mistaking a migratory bird - a common European bee-eater - for an Israeli spy.
- Phila. International could be Asia flight hub
China is back in US Airways' plans, the Philadelphia Inquirer reports. The airline said Tuesday that it is considering adding flights to China, Turkey and Japan and "Philadelphia will be the US Airways hub for nonstop flights to Asia" if it does.
"US Airways [NYSE:LCC] received approval from the U.S. Department of Transportation to fly from Philadelphia to Beijing in July 2008 but elected not to because of economic conditions," the Inquirer notes.
- In breakthrough, Pakistan leader to attend NATO summit
 WASHINGTON/BRUSSELS (Reuters) - Pakistani President Asif Ali Zardari will attend a summit of NATO leaders in Chicago this weekend, the Pakistan Embassy in Washington said on Tuesday, ending speculation Islamabad might be excluded from the high-level talks on Afghanistan's future. Nadeem Hotiana, an embassy spokesman, confirmed Zardari's attendance at the May 20-21 summit, a sign Washington and Islamabad may finally be able to significantly improve ties following the NATO air strike in November that killed 24 Pakistani soldiers and prompted Pakistan to shut NATO supply routes into Afghanistan. ...
|
|
| more» |
| |
|
|
- Recession hits EU states in the east, outlook grim
PRAGUE (Reuters) - The Czech Republic's economy shrank for the third consecutive quarter and Romania fell back into recession in the first three months of the year, as the euro crisis and government austerity hammered domestic demand and squeezed the crucial export sector. Flash gross domestic product estimates for the European Union's emerging eastern states also showed Hungary had contracted for the first time since the height of the global economic crisis in 2009. ...
- $17M deal in duck boat crash suit involving Norcross company
The operators of Ride the Ducks in Norcross, Ga., and K-Sea Transportation of East Brunswick, New Jersey reached a settlement late Wednesday to pay $15 million to the families of two Hungarian students killed in an accident on the Delaware River in 2010, reports CNN.
Another $2 million must be paid by the companies to nearly 20 other victims in the accident, CNN reported.
A non-jury trial in the case started Monday in a Philadelphia federal court. On Tuesday, the judge halted proceedings and told...
|
|
| more» |
| |
|
|
- Mladic trial focus on Srebrenica
Bosnian Serb ex-army chief Ratko Mladic's war crimes trial enters its second day, with prosecutors focusing on the 1995 Srebrenica massacre.
- Accused Bosnian Serb war criminal shows no remorse at trial
Ratko Mladic, who is accused of orchestrating a horrific campaign of ethnic cleansing during the bloody civil war that ripped apart Yugoslavia, showed no remorse as his war crimes trial opened Wednesday, at one point even appearing to threaten victims in the court.
|
|
| more» |
| |
|
|
- Ukraine dismisses EU plea over jailed Tymoshenko
 KIEV (Reuters) - Ukrainian Prime Minister Mykola Azarov on Wednesday brushed aside Western concerns about his government's treatment of opposition leader Yulia Tymoshenko as misguided and unwarranted, indicating that Kiev was unlikely to change its mind. The EU has condemned the sentencing of former prime minister Tymoshenko - the top opponent of President Viktor Yanukovich - to seven years in prison last October as politically motivated. ...
- Tymoshenko appeal delayed again
The trial of jailed Ukraine opposition leader Yulia Tymoshenko is delayed until late June after the prosecution is granted more time.
- Ukraine puts off Tymoshenko appeal hearings
KIEV (Reuters) - A Ukrainian court delayed hearings on Tuesday into former prime minister Yulia Tymoshenko's appeal against last year's abuse-of-office conviction, a verdict seen by many Western nations as politically motivated. The European Union has condemned the former Soviet republic's ruling and Tymoshenko's seven-year prison sentence, urging her release and shelving landmark association and free trade deals with Ukraine over the issue. European leaders are also mulling a political boycott of the European football championship which Ukraine will host in June and July together with Poland. ...
|
|
| more» |
| |
|
|
- EU's Rehn against debt funded growth, backs Spain plan
 TALLINN (Reuters) - The European Union's top economic official on Saturday warned against funding national growth packages with new debt and urged governments to stick with structural reforms and cuts to fiscal deficits as the route out of the region's economic crisis. The election of new president in France on a platform calling for growth-oriented economic policies opposed to German lead calls for continued fiscal austerity has opened a debate on economic policy direction at both the national and EU level. ...
- Greek exit not fatal for euro zone - ECB's Honohan
 TALLINN (Reuters) - A Greek exit from the euro zone would damage confidence in the single currency bloc but would not necessarily be fatal, Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday. "Technically it can be managed but it would be a knock to confidence for the euro area as a whole and would add to the complexity," he told a conference in the Estonian capital. "It is not necessarily fatal, but it is not attractive. ...
- Greek exit not fatal for euro zone: ECB's Honohan
TALLINN (Reuters) - A Greek exit from the euro zone would damage confidence in the single currency bloc but would not necessarily be fatal, Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday. "Technically it can be managed but it would be a knock to confidence for the euro area as a whole and would add to the complexity," he told a conference in the Estonian capital. "It is not necessarily fatal, but it is not attractive. ...
|
|
| more» |
| |
|
|
- U.S. institute says sees "new activities" at Iran site
 VIENNA (Reuters) - A U.S. security institute says commercial satellite imagery shows new activity at an Iranian military site which raises concern that the Islamic state may be "washing" a building the United Nations' nuclear agency wants to inspect. The United Nations' International Atomic Energy Agency (IAEA) suspects nuclear weapons-related research may have taken place at the Parchin military complex southeast of Tehran. Iran has dismissed the allegations but has yet to allow the agency to visit the facility, despite repeated requests. ...
|
|
| more» |
| |
|
|
For more information about current affairs, business, economy, politics and more, use InsideWorld's free daily e-mail news service.
If you would like to receive news, but do not have an InsideWorld account yet, click below to setup your free account now and start receiving news right away.
|
| |
Click here for your free subscription
Login to your account for
for advanced settings:
InsideWorld
is a collection of country and region web sites providing local news and information to a worldwide audience.
Use InsideWorld’s headlines available on this site to access the latest stories. Or sign up today.
|
George W. Bush is backing presumptive Republican White House nominee Mitt Romney.
Relatives of two Hungarian citizens killed in a tourist boating accident in Pennsylvania will split $15 million under a settlement in Philadelphia federal court.
Serena Williams will meet top-ranked Victoria Azarenka in the final of the Madrid Open after both players dispensed with their rivals in straight sets on Saturday.
RSS Feed