ALMATY (Reuters) - Iran was upbeat on Wednesday after talks with world powers about its nuclear work ended with an agreement to meet again, but Western officials said it had yet to take concrete steps to ease their fears about its atomic ambitions. Rapid progress was unlikely with Iran's presidential election, due in June, raising domestic political tensions, diplomats and analysts had...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Feb
25
Italy faces stalemate after election shock
Label: BusinessROME (Reuters) - Italy faced political deadlock on Tuesday after a stunning election that saw the anti-establishment 5-Star Movement of comic Beppe Grillo become the strongest party in the country but left no group with a clear majority in parliament. "The winner is: Ingovernability," was the headline in the Rome newspaper Il Messaggero, echoing the sentiment of a shock stalemate the...
Feb
24
Cuban leader Raul Castro says he will retire in 2018
Label: BusinessHAVANA (Reuters) - Cuban President Raul Castro announced on Sunday he will step down from power after his second term ends in 2018, and the new parliament named a 52-year-old rising star to become his first vice president and most visible successor. "This will be my last term," Castro, 81, said shortly after the National Assembly elected him to a second five-year tenure. ...
Feb
23
Italians head to polls in crucial vote for euro zone
Label: BusinessROME (Reuters) - Polling stations opened for the first day of voting on Sunday in an election to choose a successor to the technocrat government of Mario Monti, appointed just over a year ago to save Italy from financial crisis. Voting began at 8 a.m. and will go on to 10 p.m. (2100 GMT)Polls will re-open on Monday at 7 a.m. and remain open until 3 p.m. (1400 GMT), with the first exit...
Feb
22
Abe vows to revive Japanese economy, sees no escalation with China
Label: BusinessWASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe told Americans on Friday "I am back and so is Japan" and vowed to get the world's third biggest economy growing again and to do more to bolster security and the rule of law in an Asia roiled by territorial disputes. Abe had firm words for China in a policy speech to a top Washington think-tank, but also tempered his remarks by...
Feb
21
Syrian opposition says Assad cannot be part of deal
Label: BusinessCAIRO (Reuters) - The opposition Syrian National Coalition is willing to negotiate a peace deal to end the country's civil war but President Bashar al-Assad must step down and cannot be a party to any settlement, members agreed after debating a controversial initiative by their president. The meeting of the 70-member Western, Arab and Turkish-backed coalition began on Thursday before...
Feb
20
French general urges EU to equip "impoverished" Mali army
Label: BusinessBAMAKO, Mali (Reuters) - The European Union should complement a mission to train Mali's army, routed by rebels last year, by providing equipment from uniforms to vehicles and communications technology, a French general said on Wednesday. General Francois Lecointre, appointed to head the EU training mission to Mali (EUTM) that was formally launched this week, said in Bamako equipping the...
Feb
19
Syria "Scud-type" missile said to kill 20 in Aleppo
Label: BusinessAMMAN (Reuters) - A Syrian missile killed at least 20 people in a rebel-held district of Aleppo on Tuesday, opposition activists said, as the army turns to longer-range weapons after losing bases in the country's second-largest city. The use of what opposition activists said was a large missile of the same type as Russian-made Scuds against an Aleppo residential district came after rebels...
Feb
18
Chavez back in Venezuela, on Twitter with four million followers
Label: BusinessCARACAS (Reuters) - After Hugo Chavez spent two months out of the public eye for cancer surgery in Cuba, the Venezuelan government hailed his homecoming on Monday and said the president had achieved another milestone - four million followers on Twitter. The 58-year-old flew back from Havana before dawn and was taken to a military hospital. No new details were given on his health, and...
Feb
17
Ecuador's Correa in re-election triumph, eyes investment for growth
Label: BusinessQUITO (Reuters) - Ecuadorean President Rafael Correa reveled in a sweeping re-election victory that allows him to deepen his socialist revolution even as he seeks to woo foreign investment in the resource-wealthy Andean nation. The pugnacious 49-year-old economist trounced his nearest rival by more than 30 percentage points on Sunday to win a new four-year term. He has already been in...
Feb
16
Ecuador votes for president, Correa seen winning new term
Label: BusinessQUITO (Reuters) - Ecuadoreans vote for president on Sunday in a ballot expected to hand incumbent Rafael Correa a new term to advance his socialist agenda of heavy government spending and expansion of state power that critics slam as creeping authoritarianism. Generous state outlays to expand access to healthcare, pave decrepit roads and build new schools have given the combative economist...
Feb
15
Exclusive: North Korea tells China of preparations for fresh nuclear test - source
Label: BusinessBEIJING (Reuters) - North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into diplomatic talks, said a source with direct knowledge of the message. Further tests could also be accompanied this year by another rocket launch, said the source, who has direct access to the top levels of...
Feb
14
Key U.S. general backs keeping Afghan forces at peak strength
Label: BusinessWASHINGTON (Reuters) - The U.S. general nominated to oversee a vast region that includes Afghanistan on Thursday backed keeping Afghan forces at a peak strength of 352,000, contrary to current plans to shrink them after NATO declares the war over next year. General Lloyd Austin, nominated to lead the U.S. military's Central Command, said at his Senate confirmation hearing that a more...
Feb
13
South Korea unveils missile it says can hit North's leaders
Label: BusinessSEOUL (Reuters) - South Korea unveiled a cruise missile on Thursday that it said can hit the office of North Korea's leaders, trying to address concerns that it is technologically behind its unpredictable rival which this week conducted its third nuclear test. South Korean officials declined to say the exact range of the missile but said it could hit targets anywhere in North Korea. ...
Feb
12
U.S. says to take lead to contain North Korea
Label: BusinessSEOUL (Reuters) - U.S. President Barack Obama said North Korea's third nuclear test, in defiance of U.N. resolutions, was a threat and a provocation and that the United States would lead the world in responding. North Korea has said Tuesday's test was an act of self-defense against "U.S. hostility" and threatened stronger steps if necessary. "Provocations of the sort we saw...
Feb
11
North Korea conducts third nuclear test, sparks condemnation
Label: BusinessSEOUL (Reuters) - North Korea conducted its third-ever nuclear test on Tuesday, a move likely to anger its main ally China and increase international action against Pyongyang and its new young leader, Kim Jong-un. U.N. Secretary-General Ban Ki-moon condemned North Korea's test, saying it was a "clear and grave violation" of U.N. Security Council resolutions. South Korea said...
Feb
10
Gunbattle rocks Gao after rebels surprise French, Malians
Label: BusinessGAO, Mali (Reuters) - Islamist insurgents launched a surprise raid in the heart of the Malian town of Gao on Sunday, battling French and local troops in a blow to efforts to secure Mali's recaptured north. Local residents hid in their homes or crouched behind walls as the crackle of gunfire from running street battles resounded through the sandy streets and mud-brick houses of the ancient...
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