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Italy’s Petri Dish for New Path
In ordinary circumstances, broken campaign promises might be given grudging latitude by the public, the track record of Italy's politicians being what it is. But Parma is the first major city whose administration is being run by the Five Star Movement, which has presented itself as a nearly revolutionary alternative to a political system it dismisses as ossified and out of ...
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Euro rebounds yen gains
THE euro has rebounded against the dollar after sharp losses last week, while the yen also pushed higher after Japan's economy minister said it may have fallen far ...
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Euro Outlook and Levels
Euro Outlook and Levels This is an important week for the euro. For the past month, investors have been selling euros and buying dollars on the premise that the Eurozone is in recession, U.S. is in recovery and the ECB is considering more stimulus at a time when the Fed is considering less. All of these assumptions will be tested this week with key event risks on both sides of the Atlantic. For ...
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Turkish Airlines flies US couple to Bangladesh instead Senegal
Two US holidaymakers found themselves a long way from their intended destination after an airline confused two airport codes. Sandy Valdiviseo and her husband Triet Vo were intending to fly from Los Angeles to Dakar in Senegal with Turkish Airlines. However, instead they ended up about 11,000km away - on an entirely different continent - in Dhaka, the capital of Bangladesh, after the airport ...
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Boruch Spiegel Who Battled Nazis in Warsaw Ghetto Uprising Dies at 93
Boruch Spiegel, one of the last surviving fighters of the Warsaw ghetto uprising of 1943, in which a vastly outgunned band of 750 young Jews held off German soldiers for more than a month with crude arms and Molotov cocktails, died on May 9 in Montreal. He was 93. His death was confirmed by his son, Julius, a retired parks commissioner of Brooklyn. Mr Spiegel lived in ...
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Gul approves draft law on liberalization of Turkish railways
New law foresees establishment of Turkish Railways Corporation ANKARA - Turkish President Abdullah Gul on Tuesday approved a draft law on the liberalization of Turkish railways.The new law foresees the establishment of Turkish Railways Corporation.President Gul sent the law to the Turkish Prime Ministry for publication in the Official Gazette. Tuesday, April 30, ...
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Russia orders deportation of CIA spy
The Federal Security Service of Russia (FSB, former KGB) arrested in the early hours of Tuesday (14th) U.S. diplomat Ryan Christopher Fogle, accused of trying to recruit a counterterrorism officer of the Russian security services, in a new episode of the war of spies between Moscow and Washington. The U.S. agent was attached to the American ...
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Mallorca beat Betis to keep survival hopes alive
RCD Mallorca climbed off the foot of the Liga table as Tomer Hemed's first-half goal rewarded an enterprising performance againstReal Betis Balompi with the ...
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UK MPs bid to foil gay marriage bill
Divisions over plans to legalise gay marriage have been exposed in Britain, as MPs voted to scupper the government's proposals by allowing straight couples to take up civil partnerships.Faced with a possible House of Commons defeat, ministers on Monday adopted a Labour amendment to immediately review allowing heterosexual couples to tie the knot in civil partnerships.The government ...
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Church of Scotland moves to gay clergy
Senior members of the Church of Scotland have voted to let some congregations choose ministers who are in same-sex relationships - an important compromise that must still pass further hurdles before it can become church law.The church's General Assembly on Monday backed a motion affirming a traditional conservative view on homosexuality, but permitted liberal congregations to ordain openly ...
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The Met’s New European Galleries
Something monumental has been happening, by stealthy stages, to art in New York. On May 23rd, it will stand fully revealed: the architectural renovation and wholesale rehanging of the Metropolitan Museum’s core collections of pre-modern European art, enlarged by the annexation of galleries formerly devoted to temporary exhibitions. The revamp has added or moved hundreds of paintings. New, ...
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Miami’s City National Bank is a focus of a former Spanish banker’s problems in Spain
City National Bank of Florida’s net income: 2007: $68.4 million 2008: $42.5 million 2009: ($9.0 million) 2010: ($436.5 million) 2011: $34.4 million 2012: $190.2 ...
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Rape by American Soldiers in World War II France
The soldiers who landed in Normandy on D-Day were greeted as liberators, but by the time American G. ...
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Obama Tell Italys Leader U.S. Wants to Help
The United States wants to help Europe beat its economic crisis while respecting budget discipline, US President Barack Obama said Monday in a telephone call with Italian Prime Minister Enrico Letta. Both the European Union and the US were badly affected by the global financial crisis that started in 2008, but in the first quarter of 2013, the US economy grew at an annual rate of 1.8 per ...
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European Medicines Agency Starts Review of Combined Use Of Drugs That Block The Renin-Angiotensin System
The European Medicines Agency said last week that it was initiating a review of the combined use of agents that block the renin-angiotensin system (RAS). The three classes of RAS-blocking drugs ...
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Business leaders including Sir Richard Branson warn over cost of European Union exit
The Virgin Group founder was among 20 business leaders who signed an open letter claiming Eurosceptic MPs are putting 'politics before economics'.It claims being a member of the EU is worth up to £92 billion a year in income gains, which equates to between £1,200 and £3,500 per household.The letter was also signed by Sir Win Bischoff, the chairman of Lloyds Banking ...
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EU draft bank rescue law would not shield big deposits
* EU law to shield small savers in bank rescues * Deposits over 100,000 euro may be affected * Deal establishes national resolution funds * Needs approval of EU finance ministers By Claire Davenport STRASBOURG, France, May 20 (Reuters) - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, ...
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European cinema in crisis
The fizz has long come off the European Film industry, even if the champagne corks are popping in Cannes. The financial crisis of 2007 has hit the business hard, subsidies being cut, even in countries which previously feather bedded the industry. Spain for example has seen state aid go from 124 million euros down to just 55 million. It’s not just the present that is the concern. The ...
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Syrian Rebels Suffer Setbacks From Fighting in Town Near Lebanon Border
TRIPOLI, LEBANON -- Syrian government troops backed by fighters from Lebanon's Hezbollah movement have been in fierce battles in the rebel-held town of Qusair after weeks of fighting. Many wounded rebels are being treated across the nearby border in northern Lebanon. Eighteen year-old Obeida Abdel Nabi is recovering from a shrapnel wound to his lower abdomen. He was hurt several days ago ...
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Nigerian Military More Than 200 Boko Haram Captured
A woman and two children stand along the Jos-Maiduguri road as they wait to board a vehicle, after the military declared a 24-hour curfew over large parts of Maiduguri in Borno State, Nigeria, May 19, ...
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Explosions in Russia kill four injure nearly 50
MAKHACHKALA, Russia (AP) — Two bombs exploded outside a court building in Russia's restive province of Dagestan on Monday, killing at least four people and wounding dozens of others, officials said.The first bomb exploded in a parked car and the second went off in a trash bin about 15 minutes later after police had arrived on the scene in Makhachakala, the provincial capital, ...
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At a camp on the Syrian–Turkish border talk of the past and present - and the future
At Bab Al Salama camp on the Syrian-Turkish border, Raya talks about when her husband was killed and how she feels her children are "going backwards". Her son Aysa, 11, talks about his life before and after the family fled their ...
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Greece’s big economic recovery – for investors
A year ago, Greece seemed on the verge of leaving the euro zone. Depositors were draining their savings from Greek banks and a radical left coalition that advocated a halt on debt repayments - default, in other words - seemed sure to win the election.You wouldn't recognize Greece today. Its credit rating has been upgraded, the Athens stock market is on fire and 10-year government bond ...
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Council of Europe tells Putin of concern over Russian NGO law
SOCHI, Russia (Reuters) - The head of the Council of Europe told Russian President Vladimir Putin on Monday he was concerned a law requiring non-governmental organisations which received funding from abroad to register as foreign agents could have a "chilling ...
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Turkish Peace Initiative with Kurds Meets Resistance
ISTANBUL -- The Turkish government's initiative to explain its peace moves with an outlawed Kurdish rebel group is facing increasing resistance from Turkish nationalists amid criticism over the handling of the peace process. Members of the Turkish government’s "Wise People" initiative are facing growing protests from Turkish nationalists. For the last month, groups of ...
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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