Despite crisis, Germany benefits from euro

Ten years after the introduction of the euro, and in the midst of its biggest crisis to date, the AFP’s Celine Le Prioux says there are many reasons Europe’s biggest economy has benefited from the single currency. Chancellor Angela Merkel has made no bones about the advantages for Germany of the euro, which went into circulation as banknotes and coins on January 1, 2002, and whose future she has been grimly racing to shore up. “As... [more]

Serbia folk diva back in court

Serbia’s folk diva Svetlana Raznatovic on Monday denied charges of violent behavior she and another defendant are facing for allegedly insulting and beating up the manager of a football club. Raznatovic claimed at a court hearing that it was she who was insulted. “He (the manager) even wanted to attack me,” she told the court. “I have never caused any incidents.” The hearing was briefly interrupted when the... [more]

Review: Streep can’t save superficial ‘Iron Lady’

The same problems that plagued “La Vie en Rose,” starring Marion Cotillard as Edith Piaf, exist in “The Iron Lady,” a biopic about Margaret Thatcher starring Meryl Streep as the former British prime minister. While both films feature strong performances from strong actresses playing strong, real-life women, the scripts are weakened by going strictly by the numbers. Sure, Streep reliably nails her impression of Thatcher... [more]

Spain economy ‘shrinks in Q4, outlook bleak’

Spain’s economy shrank in the last quarter and faces a bleak outlook for the coming months, its new economy minister said on Monday, heightening fears of a fresh recession. Luis de Guindos dampened already gloomy expectations for the economy as the new conservative government got to work on its programme of tough spending cuts. “This quarter the Spanish economy will surely see a downturn and we will return to negative growth,”... [more]

Russian activist ‘handed new 10-day sentence’

A leading anti-Kremlin Russian activist has been handed a new 10-day jail sentence just after a mass opposition protest in Moscow, his lawyer said. Sergei Udaltsov, who leads the extreme-left wing Left Front Movement, had already served 15 days for taking part in a protest in Moscow against the conduct of December 4 parliamentary elections won by Vladimir Putin’s party. But a Moscow court has now ordered him to serve 10 more days in... [more]

Brazilian economy ‘overtakes Britain’

Brazil has overtaken Britain as the world’s sixth largest economy, a London-based research group said Monday. In its latest World Economic League Table, the Centre for Economics and Business Research (CEBR) said Asian countries were moving up while European countries were slipping down. CEBR chief executive Douglas McWilliams told BBC radio that Brazil’s advance was part of a wider trend. “I think it’s part of the... [more]

Russian spy chief resigns

The chief of Russia’s military intelligence (GRU), Lt. Gen. Alexander Shlyakhturov, resigned from his post on Saturday, the Kommersant business daily reported. According to the newspaper, Shlyakhturov, 64, will in the near future head the board of directors of the Moscow Institute of Heat Engineering (MIT), the developer of the Bulava ballistic missile and other strategic missile systems. Now it is led by the head of Russia’s Federal... [more]

Prime Minister Stoltenberg Popular in Norway

Majority of Norwegians are still satisfied with the performance of Prime Minister Jens Stoltenberg. 57 per cent say he is doing a good job, according to a survey made by Synovate for Dagbladet. 33 per cent say he is doing an average job, while only eight per cent say he is doing a poor job as prime minster. In June, only 35 per cent said Stoltenberg was doing a good job as prime minister. Right after the terrorist massacre at youth camp... [more]

Dutch language gaining ground in mosques

Dutch mosques are beginning to phase out Arabic-only sermons. Research at Utrecht University has shown that Surinamese Muslims are leading in this respect. Researcher Nico Landman told the ANP agency that such a development is logical, seeing that Dutch is the language that the Surinamese commonly speak in the Netherlands. There are approximately 20 Surinamese mosques in the Netherlands. In the Moroccan-Dutch community preaching in Dutch... [more]

Barack Obama arrives in Hawaii for Christmas

US President Barack Obama has arrived in Hawaii, embarking on his year-end holiday after the political maelstrom of Washington – where he just earned a bruising tax victory. Air Force One touched down at Hickham Air Force Base in Honolulu at 5.52pm Friday (2.52pm today AEDT) after a flight of nearly nine hours. The president came to the press cabin with Christmas wishes early in the flight. Obama had delayed plans to join his wife... [more]

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