Even as uplifting news about the suspension of EU sanctions spreads throughout Myanmar, new concerns over the future of the country arise from fresh disputes in parliament.
Dutch Prime Minister Mark Rutte and his cabinet resigned on Monday after talks on new austerity package failed.
The 17-member eurozone managed to reduce deficits to 4.1 percent of the gross domestic product in 2011, down from 6.2 percent in the previous year, according to official European Union figures released Monday. Overall debt increased to 87.2 percent of GDP from 85.3 percent.
U.S. health regulators said consumer products that use nanotechnology may have unknown effects on the human body, and advised food and cosmetic companies to further study the safety of these tiny particles.
Spain's budget deficit was confirmed at 8.5 percent of economic output in 2011 by the EU's statistics office Eurostat on Monday, dispelling doubts about the new Spanish government's reading of its national accounts.
India -which criticized the sanctions by the U.S., United Nations and European Union - recently became Iran's top oil buyer.
Newly elected members of Myanmar's pro-democracy opposition party may boycott the parliament to which they just won entry.
The two candidates with the highest vote totals in the first round will face each other in the deciding second round.
Myanmar President Thein Stein hopes to achieve a resolution with Prime Minister Yoshihiko Noda about Myanmar's debt.
Fearing a trade war, a Spanish oil executive is asking Madrid to take a cautious approach to how it responds to Argentina's seizure of two subsidiaries of a Spanish oil major .
Stocks were poised for a higher open, putting the S&P 500 on track to snap a 2-day drop, after better-than-expected results from Microsoft and General Electric Co propelled what has been a solid earnings season to date.
South Sudan's President Salva Kiir ordered his forces to withdraw from the town of Heglig on Friday, even though he still believes the oil field is property of South Sudan.
Stock index futures rose on Friday, indicating the S&P 500 may snap a 2-day decline, after better-than expected results from Microsoft and General Electric Co propelled a solid earnings season.
Stock index futures rose on Friday, indicating the S&P 500 may snap a 2-day decline, after quarterly results from Microsoft and General Electric Co propelled a solid earnings season.
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
The European Union parliament approved a deal on Thursday that will allow U.S. authorities to store sensitive data on trans-Atlantic airline passengers.
German bond yields hovered near record lows and the euro held steady on Thursday ahead of bond auctions by Spain and France that are key to investor confidence in Europe's ability to tackle growing economic and fiscal problems.
Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
Japan slashed its oil purchases from Iran in April, cutting imports from the Islamic Republic by nearly 80 percent.
Iran said that the nuclear negotiations have proved that Western countries are unable to force Iran to surrender and give up its absolute and legitimate rights to use peaceful nuclear energy.
The ship flies an Antigua and Barbuda flag and that it is chartered to a Ukrainian company.
Nobel Prize Laureate and opposition leader, Aung San Suu Kyi, plans to leave Myanmar to visit Europe - her first time out of the country in 24 years.