WASHINGTON - The administration of US President Barack Obama has said it will resume some arms shipments to Bahrain after most were suspended last year during a government crackdown on political dissent.
Tuesday, May 15, 2012
Monday, May 14, 2012
Spanish PM defends cuts day after massive protests
MADRID (AP) — Prime Minister Mariano Rajoy on Sunday defended his government's harsh austerity measures aimed at correcting Spain's grim economic forecast, one day after tens of thousands of Spaniards took to the streets to protest his handling of the country's worst crisis in decades.
Sunday, May 13, 2012
German Finance Minister eyes growth measures for Greece
BERLIN (Reuters) - Germany is ready to consider additional measures to promote growth in Greece but the struggling economy must still carry out agreed reforms, German Finance Minister Wolfgang Schaeuble said in an interview with the Welt am Sonntag weekly on Saturday.
Saturday, May 12, 2012
Spain to be in recession in 2012 and 2013: European Commission
BRUSSELS: Spain will have to approve big additional savings this year and next if it is to meet its ambitious deficit reduction targets as the Spanish economy will be in recession in 2012 and 2013, forecasts from the European Commission showed on Friday.
Friday, May 11, 2012
UN official: Plight of Afghan poor may worsen
KABUL, Afghanistan – Afghanistan's security situation has overshadowed the glaring humanitarian needs of the nation's poorest, and their plight may worsen as international assistance wanes, a top U.N. official said Wednesday.
Thursday, May 10, 2012
Brussels, Berlin tell Europe to stick to austerity
BRUSSELS (AP) — Germany and the European Commission on Tuesday called on EU nations to stick to their promised budget cuts despite mounting voter discontent, but promised some new efforts to boost growth to alleviate economic hardship.
Wednesday, May 09, 2012
Clinton wants India to further cut Iranian oil imports
NEW DELHI: Even as the US was pressing India to further reduce its oil imports from Iran, a 56-member delegation from Tehran was in the capital to push trade ties.
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