The ruling Congress-led United Progressive Alliance (UPA) in India Friday announced that Finance Minister Pranab Mukherjee would be its candidate for the presidential elections slated for July 19.
At stake is nothing less than Greece?s financial survival and the viability of the euro zone currency bloc.
Stock markets in Hong Kong and China advanced Friday as weak U.S. economic data and worsening euro zone crisis raised hopes that the major central banks would act to tackle deteriorating global economic conditions.
Japan's Nikkei 225 Stock Average rose Friday but maintained a cautious tone as investors await the Greek elections.
The major powers' central banks have prepared measures to head off disaster in the financial markets after Sunday's Greek election by providing liquidity and preventing a credit squeeze, G20 officials say.
Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation's future in the euro zone.
Many Egyptians are outraged following the Supreme Court's decision to dissolve the lower house of parliament, temporarily transferring power to the Military Council until new elections are held.
The U.N. has stopped short of supporting a request from African leaders for a military intervention in politically unstable Mali until more information is obtained about the operation.
Brent crude futures turned positive while U.S. oil extended gains on Thursday after news that OPEC had agreed to keep its collective oil output ceiling unchanged for the second half of the year at 30 million barrels per day, according to a delegate to the conference.
Fear of an impending fiscal cliff and uncertainty about November's presidential elections has led to a 0.8 percent projected dampening of marketing spending in 2012, according to a Thursday report from Pivotal Research Group.
A new report from two international aid organizations says that Israel's five-year blockade of the Gaza Strip has led to severe contamination of the region's drinking water, resulting in numerous health issues that particularly affect Palestinian children.
Egypt's High Constitutional Court ruled that the election of one-third of Egypt's parliament was unconstitutional, which could effectively disband the legislative body while its still in its infancy
As Suu Kyi tries to become the face of a ?new? Burma, striving for democratic reforms, the country?s western province of Rakhine remains under a state of emergency.
The U.S. Tuesday urged Cambodia to allow full participation in the general elections next year and also free the 13 women being imprisoned for protesting a property development.
Asian markets fell Thursday as weak retail sales data by the U.S. Commerce Department and Spanish debt downgrade by Moody's weighed down on investor sentiment.
Adelson, the billionaire casino mogul who extended Newt Gingrich's presidential bid by pouring millions into the pro-Gingrich Winning Our Future super PAC, has given $10 million to the Mitt Romney-supporting Restore Our Future super PAC.
A plot to overthrow the government of the Ivory Coast by ex-military officers loyal to the former president has been foiled, Ivorian authorities said.
At stake is the country's continued membership in the euro currency, and the future of the euro zone itself. Here is our handy guide to the key events and implications you can expect going forward.
Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters reported Wednesday.
Event risk is building for this weekend as the much-ballyhooed second round of Greek elections gets underway on Sunday.
The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
Royal, who lost the French presidential election in 2007 to Nicolas Sarkozy, won 32 percent of the vote for the parliamentary seat in La Rochelle during last weekend?s election, to 29 percent for Falorni.
