Latest Europe News
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Europe Seen Lower UK Inflation Data Awaited
inflation data for April on Tuesday at 9:30a.m. London time. Last week, the Bank of England's outgoing governor Mervyn King said inflation would be close to 2 percent (the central bank's target) in two years' time but it was last measured at 2.8 percent in March. Germany is drawing up plans for treaty changes ...
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The currency gained 0.5 percent to 131.85 per euro
The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades. After inflation, 10-year U.S. notes yielded 0.91 percent last week, or 1.77 percentage points more than real yields on U.K. gilts, the widest spread in 25 months. Versus Germany, the ...
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Paris drizzles as Moscow sizzles in Europes warped spring
12/03/2013 17:15 CET Spring in the Pyrenees ';arrives early and quickly feels like the summer';, according to one tourist website. Not this year. Tourists usually come to cycle, hike, and marvel at wildflowers in the meadows. On Monday at the Col du Tourmalet (altitude 2,115 metres) they contemplated 10 metres of snow. France and much of western Europe are experiencing the coolest ...
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European Factors to Watch-Shares seen retreating from 5-yr high
LONDON, May 21 (Reuters) - European shares were likely to retreat on Tuesday, with concerns that the U.S. Federal Reserve might begin slowing its bond purchases seen prompting investors to take some profits from the market's rally to five ...
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Detained Chinese Fishermen Boat Released by North Korea
The official Xinhua news agency reported the development Tuesday, quoting a Chinese consular official in Pyongyang who spoke with the owner of the fishing boat. The official said the men were safe and on their way home, but he gave no other details. The owner of the boat says North Korea was demanding nearly $100,000 for the return of the boat and crew, which were taken May 6 in the waters ...
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Germany Parliamentary inquiry into neo-Nazi murders concludes
The parliamentary committee of enquiry into the National Socialist Underground (NSU) terrorist gang has accused Germany's security authorities of a "total failure". At the same time, it excluded the possibility that government agencies covered up the operations of the far-right terror cell or enabled them to commit their murders. These were the two main conclusions drawn following ...
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Spain’s Popular Party faces wave of strikes and demonstrations
, who insist on a no-politics perspective. Nevertheless, a social explosion is brewing in Spain. There have been at least 27 demonstrations since the beginning of 2013, according to data compiled ...
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European Summit to Discuss Tax Evasion
Brussels, May 21 (Prensa Latina) Losses worth millions caused every year by the tax evasion in the European Union (EU) are among the main topics to be discussed in the Summit of leaders from this bloc, planned for this week. That issue gained strength during a scandal in France related to a secret 600 000 euros bank account the former Budget minister Jerome Cahuzac had in Switzerland. This ...
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Cameron in fresh bid to end bitter party revolt
gay marriage , the leadership and the party enjoy "a deep and lasting friendship".Mr Cameron's email was his first comment since newspapers revealed that a member of his inner circle had described Conservative association members as "mad, swivel-eyed loons".He did not explicitly refer to the row over the "loons" comment, but insisted that he admired and ...
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Hungary and Merkel clash in Nazi furore
Hungary and the Nazi occupation of his country. The diplomatic spat will add pressure to the at-times fraught relationship between the two ...
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6.5-magnitude quake hits sea off Kamchatka Peninsula CENC
A 6.5-magnitude earthquake jolted the sea area off the eastern coast of the Kamchatka Peninsula, Russia at 9:55 am Tuesday Beijing Time, according to the China Earthquake Networks Center. The epicenter, with a depth of 30 km, was monitored at 52.5 degrees north latitude and 160.5 degrees east longitude, the center said in a ...
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Former British flagship leaves Portsmouth for Turkish scrap yard
The Ark Royal, the aircraft carrier that was for many years the flagship of the British navy, left Portsmouth for the last time Monday for a Turkish scrap yard. Former members of the vessel's crew, some wearing black armbands, joined a crowd of onlookers who watched as the Ark Royal was towed out of the harbor, the Daily Mirror reported. Towing the ship to Turkey saves money on fuel. The ...
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France deports Moroccan accused of calling for acts of murder
France is continuing a crackdown on suspected Islamic radicals with the expulsion of a 24-year-old Moroccan man who allegedly called for "acts of murder." French Interior Minister Manuel Valls announced Friday the man, living in La Rochelle, France, had been deported for "repeated acts and calls for murder" posted in French on a "jihadist website." Valls said the ...
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South Sudan Army Recaptures Boma Officials
BOR, SOUTH SUDAN -- The South Sudanese Army (SPLA) has recaptured the town of Boma in Jonglei state after a brief battle with rebels led by David Yau Yau, SPLA officials said Monday. "The SPLA yesterday restored law and order to Boma and chased away the militia from Boma town," army spokesman Philip Aguer said. Four SPLA soldiers died in the fighting and 12 were wounded, Aguer ...
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The rise of Greeces Golden Dawn party
As austerity bites harder in Greece, the far right Golden Dawn party is gaining in popularity, and drawing increasing comparison with the ...
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Valley Fever Raises Concerns in California Arizona
LOS ANGELES -- A longstanding health problem in California's Central Valley has worsened in recent years, leading health officials to order the relocation of 3,000 prisoners from two state prisons. But the disease affects much of the population in some rural communities and, while it often goes unnoticed, it sometimes can be devastating for patients. Dale Pulde is selling his California ...
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U.S. Europe ready to settle Chinese solar cases
HONG KONG - The Obama administration and the European Union have each decided to negotiate settlements with China in the world's largest anti-dumping and anti-subsidy trade cases involving China's roughly $30 billion a year in solar panel shipments to the West, officials and trade advisers in Beijing, Brussels and Washington said. The plan that is starting to take shape would ...
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Dateline Greeces Thug Politics
, Evan Williams reports from Athens on the party’s rise to become the third biggest force in Greek politics, but also the stark similarities with the German Nazis. As well as winning seats in parliament, they’ve also started handing out food aid and donating blood… but only to people who can prove their Greek citizenship. "The life of the Greeks has changed ...
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Montenegrin president-elect sworn in for third term in office
Montenegrin President-elect Filip Vujanovic was sworn in on Monday, after wining his third consecutive term in May, local media reported.The ceremony was held in Cetinje, the old royal capital of Montenegro and the official residence of the president.Mr. Vujanovic said that he would perform his duty as president of Montenegro diligently and responsibly, to serve the best interest of all citizens ...
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3 die in explosion at Spanish military base
Three people were killed and two were seriously injured as the result of an explosion on Monday in the military base of Alvarez de Sotomayor in the locality of Viator, close to the city of Almeria in southeast Spain.The base is home to a unit of the Spanish Legion and the explosion occurred at 14:20 local time (GMT 1220), although the cause has not yet been revealed.The Spanish Military have ...
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Report Prigioni could leave NBA return to Spain
Knicks point guard Pablo Prigioni could leave the team and return to Spain. (Ron Hoskins/Getty Images) New York Knicks point guard Pablo Prigioni could leave the team this offseason and return to Spain, ...
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Sports Briefing | Cycling Denis Menchov of Russia Retires From Cycling
The former Giro ...
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Russia’s business powers footing half the bill for expensive Sochi Games
SOCHI, Russia -- The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business ...
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Senate Panel Accuses Apple of Using Complex Tax Loopholes
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Russia Assad foes must attend talks without terms
Sergey Lavrov said Monday it was crucial for Syrian opposition envoys to engage in peace talks without setting preconditions, apparently referring to demands for President Bashar Assad’s removal. Lavrov also reiterated ...
Turkey Digest
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Turkey remains bridge between civilisations in railway plans
Turkey is often described as the gateway between two great civilisations, this is a theme employed commonly in our promotional material to encourage tourism and it has been invoked as part of the rhetoric used in ongoing efforts to join the EU, but the fact remains that Turkey is a key player in the world of geopolitics and this is seen most clearly in two major railway projects currently being planned between three regions of the world.
Turkey’s largest city, Istanbul, is famous for being the only metropolitan region in the world that spans two continents, sitting as it does in both between Asia and Europe. This idiosyncrasy of the city has made it a popular tourist destination due to the diversity of culture and architecture, but on a wider scale, the geopolitical significance of Turkey is growing and will indeed grow further if two major infrastructure plans in the Middle East and Asia take shape in the next few decades. Read more
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