A Red Cross aid convoy prepared to enter the shattered Baba Amro district of the city of Homs, Syria, on Friday after a government official declared the area cleansed and the opposition spoke of a massacre by President Bashar al-Assad's forces. Rebels withdrew Thursday in a key moment in the year-old uprising.
Bloc leaders on Friday signed a new pact to allow for faster transfer of capital to the EU's planned permanent €500 billion ($660 billion) bailout fund and to set strict rules on member states' debt.
Oil prices fell Friday following the confirmation from Saudi Arabia denying the pipeline explosion in the Kingdom.
Austerity and reform finely balanced to bring back growth in Europe in face of record unemployment rates.
Despite international pressure against the deal, Pakistan said it would honor a 2010 agreement to build a natural gas pipeline that will eventually send 8.7 billion cubic meters of Iranian gas to Pakistan annually.
For several months, the Iranian people have been living under economic hardship brought on by sanctions imposed by the U.S. and European Union over their government's nuclear energy program, which some believe is a cover for producing nuclear weapons. The sanctions, designed to prevent money-laundering that could fund nuclear research and development, have hampered the country's foreign trade and frozen Iranian firms out of the global banking system.
Greece has taken all the legal action needed to secure a second bailout from the euro zone countries, Eurogroup Chairman Jean-Claude Juncker said on Thursday, and ministers are now waiting for the completion of the private second bond swap.
Data protection agencies in European countries have concluded Google Inc's new privacy policy is in breach of European law, EU Justice Commissioner Viviane Reding said on Thursday.
Russia, along with China, has stymied efforts by the West and the United Nations to condemn violence perpetrated by the regime of President Bashar al-Assad of Syria, a longtime Moscow ally.
Euro zone manufacturing contracted in February for the sixth month in a row, according to a Markit Economics report published Thursday, but the sector may be stabilizing as increases begin to offset decreases.
Turkey is maintaining the façade of good relations with Iran, while a larger power struggle for domination of the Middle East is brewing between Ankara and Tehran
India's exporters have begun receiving the first rupee payments from Iran, Indian government and trade sources said on Thursday, kicking off a mechanism to skirt Western sanctions which have made doing business with Tehran tougher.
Euro zone unemployment rose in January to 10.7 percent, the highest figure since 1999, as the ranks of the jobless continued to swell in Portugal, Italy and Spain, among others, Eurostat, the statistical office of the European Union, said Thursday.
Police have reportedly surrounded the factory and seek to negotiate with the gunman in an effort to free the hostages,
European shares extended gains into the Wall Street open on Thursday as an already positive sentiment was further supported by unemployment data confirming the U.S. jobs market is improving.
EU Justice Commissioner Viviane Reding said on Thursday that data protection agencies in countries across the European Union had come to the conclusion that Google's new privacy policy was in breach of EU law.
Euro zone joblessness rose to a new euro-era high while inflation was largely steady at the start of 2012, data showed on Thursday, leaving the European Central Bank to juggle the demands of a slowing economy and only mild pressure on prices.
Greece has approved pension and health care cuts as part of the reforms agreed in return for the 130 billion euro ($171 billion) bailout deal approved by the Eurozone.
Google has gone ahead with implementing its new privacy policy, despite requests from the European regulators for a delay.
The Greek parliament approved an extension of pharmacy opening hours and cuts to drug spending Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.
South Korea and certain western nations have been pressuring Beijing not to deport the North Korean defectors
Gas prices in the U.S. are increasing. Is it possible we’ll see a $5 gallon anytime soon? Signs point to yes.
