Greek Prime Minister George Papandreou sealed a deal with the opposition on a crisis coalition to approve an international bailout, but details remain thin despite an EU ultimatum for Athens to get serious about tackling its huge problems.
Gold prices gained nearly 1 percent on Monday after Greece's politicians sealed a deal to form a coalition government, while continued uncertainty about resolving the zone's debt crisis supported safe-haven demand in bullion.
The European Union turned up the heat on bickering Greek politicians Sunday to agree on a crisis coalition, demanding progress toward backing an international bailout deal in the next 24 hours.
Greek Prime Minister George Papandreou will resign as soon as a deal for an interim coalition government is reached, perhaps as early as Sunday night, a senior member of his party said.
Accusations that Republican presidential candidate Herman Cain, 65, sexually harassed women in the 1990s have damaged his bid for the White House, according to the results of a Reuters/Ipsos poll.
Greece's ruling socialists and opposition conservatives offered rival plans for saving the nation from bankruptcy and safeguarding its Eurozone membership, ignoring an appeal from the president to cooperate now on tackling the mess.
A Pakistani court indicted five Islamist militants and two police officers in the high-profile assassination of former Prime Minister Benazir Bhutto.
It's axiomatic that voting is very important in these United States. So why, then, does the nation allow just one day for this critical act? The solution? It's time for an Election Week.
Bhutto was killed in a gun and bomb attack in the city of Rawalpindi while campaigning.
The principal opposition party, New Democracy, has demanded that Papandreou call early elections and insisted it will not accept any coalition government with the current Prime Minister.
Putin and his allies are widely expected to dominate Russia’s upcoming parliamentary and presidential elections over the next five months.
The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said.
Greek Prime Minister George Papandreou is meeting with Greek President Karolos Papoulias Saturday in the drive for a new coalition government to save the nation from bankruptcy and prevent its debt crisis from spreading chaos across the Eurozone.
Libya's new interim prime minister, Abdurrahim el-Keib was a professor of electrical engineering and an entrepreneur who had to live in exile for 10 years because of pressure from the late Moammar Gadhafi's regime over his political views.
Greek Prime Minister George Papandreou survived by a narrow margin a parliamentary confidence vote on Saturday which is seen to leave the efforts of EU to fight the debt crisis on a firmer foundation.
U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it is completely unclear when the next upheaval will come.
Greek Prime Minister George Papandreou has won a parliamentary confidence vote and avoided snap elections that would have affected Greece's bailout deal and the Eurozone's economic crisis.
One banner reportedly reads: “The cost of [the] crisis should be paid by the capitalists.”
Egypt's military rulers have provoked renewed criticisms that they are trying to perpetuate their power with a proposal that would give them broad powers to shape the country's forthcoming constitution.
An analysis of the recent developments in the Republican primary race.
Gunmen attacked a church in Nigeria late Thursday, killing at least two people.
Italy, under fierce pressure from financial markets and European peers, has agreed to have the IMF and the EU monitor its progress with long- delayed reforms of pensions, labor markets and privatization, senior EU sources said Friday.