Eurozone finance ministers were to confer by telephone on Saturday after 12 hours of talks in Athens failed to produce a breakthrough on a deal to bail out Greece, the Greek finance minister said. Evangelos Venizelos added that a planned meeting by eurozone ministers on Greece originally scheduled for Monday would now be held on Wednesday. "I will participate in a Eurogroup telephone conference at 1230 GMT" to discuss details of a rescue deal for Greece worth 130 billion euros ($171 billion) which officials have been trying to seal since October, the minister said in a statement. "Critical issues pertaining to the country's ...
Australia's flood crisis deepened Saturday as authorities braced for waters to peak in Queensland where one woman is missing after being swept away while elsewhere thousands remain stranded by the surge. Prime Minister Julia Gillard said eight military helicopters would help in search, evacuation and resupply missions in the eastern state, where days of heavy rainfall have prompted hundreds of evacuations and dozens of rescues. "The helicopters will be available to assist in rescue operations as required until the immediate crisis has passed," Gillard said in a statement. In the inland Queensland town of Charleville authorities are on alert amid fears a temporary ...
Tens of thousands people are braving the bitter cold at two major rallies in downtown Moscow on Saturday as a power play between champions of political liberalization and supporters of Prime Minister Vladimir Putin continues to unfold. The first demonstration demands fair elections at the March 4 presidential polls, at which Putin is expected to secure a third term in the Kremlin. It also calls on Russians “not to give a single vote” to Putin. The opposition rally is widely seen by analysts as a litmus test of protesters’ ability to maintain momentum after two earlier protests against alleged vote fraud in favor of ...
German Chancellor Angela Merkel on Saturday wrapped up a visit to China where she tried to reassure her hosts on the strength of the euro and Europe's ability to overcome its debt crisis. During her three-day trip to the world's second largest economy, Merkel praised the advantages of the single currency and urged China to put pressure on Iran and to condemn Syria at the United Nations. Merkel, who was prevented from meeting journalists and a human rights lawyers, ended her official visit in the southern city of Guangzhou, Xinhua news agency reported. Merkel, who held talks with Premier Wen Jiabao and President ...
Norway’s government has said it wants non-European immigrants to carry residency cards equipped with data chips bearing their fingerprints. In a proposal presented on Friday, the justice ministry said the new identity cards would help tackle illegal immigration. “The residency card system will increase security surrounding residency permit documentation, thereby contributing to the prevention of illegal immigration and illegal residency,” said Justice Minister Grete Faremo (Labour Party) in a statement. The move follows pressure from the European Union to ensure that immigrants from outside the European Economic Area, of which Norway is a member, are provided with residency cards that include fingerprint details. Faremo ...
Greece expects its 2011 budget deficit will be smaller than expected at between 9.1 and 9.4 percent of GDP, thanks to an emergency property tax, a finance ministry official said on Friday, a development that could help Athens in its bailout talks with the EU and IMF. Greece, which is racing to complete talks with the EU and the IMF on a second bailout worth 130 billion euros, had previously estimated that the deficit would be above 9.5 percent of GDP. "The numbers aren't final yet but we believe the deficit will come in at between 9.1 and 9.4 percent (of GDP)," ...
China has rejected Japanese protests over alleged improper exploration of gas deposits in the East China Sea. The Foreign Ministry said Friday the recent activity had taken place within Chinese-controlled waters and was completely normal. A ministry statement said China was strongly dissatisfied with recent comments from Japanese officials. Japan's chief Cabinet secretary on Wednesday said Japan protested to China after a flare was seen a day earlier at a Chinese structure at an undersea gas deposit. The deposit, known as Kashi in Japan and Tianwaitian in China, sits near a median line in the countries' overlapping exclusive economic zones. Japan and China agreed ...
The leader of Russia's Islamist rebels ordered a halt to attacks on civilians, saying mass opposition protests showed the public no longer supported Vladimir Putin, according to a video posted Friday. Doku Umarov, whose Caucasus Emirate group claimed atrocities including a deadly Moscow airport bombing in 2011 and a metro attack in 2010, said from now only security objects and officials would be targeted. "I order all special groups that are carrying out or plan to carry out special operations in Russia to put a halt to these operations that could hurt the peaceful population," Doku Umarov said in a video address ...
China's Premier Wen Jiabao said Friday the Asian giant had neither the ability nor the intention to "buy Europe", amid concerns over growing Chinese investment in debt-stricken eurozone economies. China is "willing to cooperate with Europe to fight the current crisis. Some people say this means China wants to buy Europe", Wen told a German-China business forum in the southern city of Guangzhou. "This a concern and doesn't fit reality. China doesn't have this intention and doesn't have this ability." German Chancellor Angela Merkel, in China for a three-day visit to boost her host's confidence in Europe, also attended the forum along with ...
Energy Secretary Chris Huhne is to resign from the Government after it emerged he is to face prosecution over allegations that he asked his ex-wife to take a speeding penalty for him. The Liberal Democrat MP has been charged with perverting the course of justice after an investigation into the 2003 incident by Essex Police. His former wife, the economist Vicky Pryce is also facing charges of perverting the course of justice. They are due to appear before Westminster Magistrates' Court on February 16. The maximum sentence for perverting the course of justice is life in prison, the CPS and the Sentencing ...
Archaeologists have unearthed a massive red granite head of one Egypt’s most famous pharaohs who ruled nearly 3,400 years ago, the Egyptian Supreme Council of Antiquities announced Sunday. The head of Amenhotep III, which alone is about the height of a person, was dug out of the ruins of the pharaoh’s mortuary temple in the southern city of Luxor. The leader of the expedition that discovered the head described it as the... [more]
Greek police arrested two men trying to sell several artifacts, including a bronze sculpture of emperor Alexander the Great from the 4th century B.C., for which the asking price was euro7 million ($9.5 million), authorities said Sunday. Police identified the suspects as a 48-year-old Thessalonikibusinessman and a 51-year-old farmer, but did not provide their names. The men were arrested Saturday morning near the town of Kavala, east... [more]
Jacques Audiard’s powerful prison drama “Un Prophete” (A Prophet) swept the board at the “Cesar” awards on Saturday, picking up the best film, best actor and best director prizes at France’s annual version of the Oscars. “A Prophet,” one of the outstanding films at last year’s Cannes film festival, was named as best foreign film at the BAFTA awards last week and is in the running in... [more]
Iraqi Prime Minister Nuri al-Maliki acknowledged on Sunday that he would probably need partners to gain a majority after the election on March 7, and said he was ready to join with Kurdish or other Shi’ite groups. “Alliances in forming the coming government are a must,” he said in remarks carried by the state-owned National Media Centre. “Coalition with the Iraqi National Alliance (INA) and the Kurdish coalition is... [more]
Indian Prime Minister Manmohan Singh pitched for investment in his economy and closer petroleum sector cooperation with Saudi Arabia on Sunday, the second day of a visit to the Middle East oil giant. The first Indian premier to visit Saudi Arabia in 28 years, Singh said his country’s growth opens huge opportunities for trade and investment. India, which receives 20 percent of its oil from Saudi Arabia, wants to deepen that relationship,... [more]
Secretary of State Hillary Clinton flies toLatin America on Sunday for a trip which includes a stop in quake-ravaged Chile and talks in Brazil over Iran’s nuclear program. Officials said Clinton still planned to visit Chile, where she was due to hold talks on Tuesday with outgoing President Michelle Bachelet andPresident-elect Sebastian Pinera, both grappling with the aftermath of Saturday’s devastating 8.8 magnitude... [more]
A campaign to make Topeka a test site for a new, ultrafast Internet service is gathering speed. Google Inc. announced plans Feb. 10 to build and test new high-speed broadband networks in one or more places around the country. The company says the system of fiber-optic cables would deliver Internet connections 100 times faster than most systems now available. Over the past week, Topeka city officials have announced they’re completing... [more]
President Michelle Bachelet says that Chile’s earthquake killed at least 708 people — sharply increasing the knowndeath toll. The president tells a news conference that the country faces “a catastrophe of such unthinkable magnitude that it will require a giant effort” for Chile to recover. She spoke at a news conference Sunday after a six-hour meeting with aides and emergency officials coping with Saturday’s... [more]
Geert Wilders, the Amsterdam North-South metro line, drugs and the environment, these are the main themes in the campaigns for the Dutch local elections to be held on the third of March. This year, the local elections have taken on added significance because of the fall of the cabinet, which is still fresh in voters’ memories. The government crisis is expected to affect the results in the local elections. National politicians are sure... [more]
Today is Sunday, Feb. 28, the 59th day of 2010. There are 306 days left in the year. Today’s Highlight in History: On Feb. 28, 1960, a day after defeating the Soviets at the Winter Games in Squaw Valley, Calif., the United States won its first Olympic hockey gold medal by defeating Czechoslovakia’s team, 9-4. On this date: In 1844, a 12-inch gun aboard the USS Princeton exploded, killing Secretary of State Abel P. Upshur,... [more]
