The crisis in Libya has led to the revelation of a rare public disagreement between the two most powerful political leaders in Russia, according to the RIA Novosti news agency.
The following is a White House transcript of remarks by President Barack Obama on Friday on the situation in Libya delivered from the East Room on March 18, 2011.
The impact of the devastating earthquake and tsunami in Japan will only have a limited direct economic impact on the eurozone, according to analysts.
The head of the International Atomic Energy Agency (IAEA) has warned that Japan faces a “serious situation” at its troubled Fukushima Dai-Ichi nuclear power plant, but added that the situation is not yet out of control.
German economic sentiment fell unexpectedly in March, as the expectations get hit by hawkish stance of the European Central Bank (ECB) and a major earthquake in Japan.
European Union finance ministers agreed on Tuesday on tougher rules against excessive borrowing and macroeconomic imbalances, aimed to shore up market confidence and help end the sovereign debt crisis.
The number of employed people in the eurozone rose in the last quarter of 2010, as hiring increased in the agriculture and financial services sectors.
A new study by The European Fine Art Foundation states that China overtook the United Kingdom to move into the second spot for the first time in the global art market.
U.S. stocks ended lower on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
The euro zone is likely to increase guarantees for its bailout fund to boost its effective lending capacity, Eurogroup President Jean-Claude Juncker said on Monday, but a deal was likely only next week.
In the wake of the nuclear crisis in Japan, the German government has decided to suspend for three months a proposal to extend the lives of its aging nuclear power stations.
The European Union is considering the closure of nuclear plants in the wake of the unfolding nuclear crisis in Japan caused by the twin tragedy of earthquake ad tsunami.
A top official from the Chinese education ministry at the Going Global Conference in Hong Kong announced that the country plans to turn itself into a hub for international education and take its international student population to 500,000.
Assistance in the form of food and equipment has started to arrive in earthquake-and tsunami-battered Japan from the U.S.
Search and rescue teams are expected to reach Japan by tomorrow.
Communiqué of European Council on the crisis in Libya, March 11, 2011, Brussels
European Union (EU) leaders have demanded that Moammar Gaddafi must give up power in Libya.
According to various media reports, French President Nicholas Sarkozy will propose to European Union (EU) leaders that they coordinate targeted air strikes on Moammar Gaddafi’s command headquarters in Libya to prevent his forces from carrying out more destruction against rebel forces.
France said it has recognized the National Libyan Council (NLC), the leadership of rebels fighting against Moammar Gaddafi, as the legitimate government in the country, ahead of European Union (EU) talks on the conflict today and tomorrow.
Libyan officials have arrived in Brussels, Belgium for talks with European Union delegates, just before the EU foreign minister meet to discuss the crisis in Libya, according to Al Jazeera.
Take a look here at 5 of the best undergraduate business schools and the ways in which they are preparing students for eventual careers in the global economy.
Shares of Talecris Biotherapeutics Holdings Corp. (NASDAQ: TLCR) touched a new 52-week high of $25.80 on Tuesday. The biotechnology company's stock has been rising since Thursday when it received orphan drug designation from the European Commission for the development of Plasmin, derived from human plasma, to treat acute peripheral arterial occlusion.
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
