EUROPEAN UNION

BA OK'd To Buy British Midlands In $276M Deal

British Airways at Heathrow Airport
The owner of British Airways PLC gained European Union approval Friday to buy U.K. airline British Midland Airways Ltd., known as bmi, from German owner Deutsche Lufthansa AG for $276 million.
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Jewish and Muslim leaders attend silent march to honour victims of shooting at Ozar Hatorah school in Toulouse

French Muslims: In The Wake Of The Merah Massacre

The saga of French Muslims took an ugly turn earlier this month when Islamic militant Mohamed Merah was identified as the gunman in mass killings in Toulouse that appeared to have been driven by bias.
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Asian Markets Dip On U.S., China Growth Worries

Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
Sudan military

Sudan: World Powers Fear New Civil War

A number of international powers rushed to warn Sudan that recent military clashes near the border with South Sudan are propelling the nations toward war yet again.
European Drinking Habits

WHO: Europeans Named The World's Heaviest Drinkers

People in Europe drink more alcohol than in any other part of the world, downing the equivalent of 12.5 litres of pure alcohol a year or almost three glasses of wine a day, according to report by the World Health Organisation and the European Commission.
Medvedev and Putin

Russia Hardens Stand on Assad; Says Annan’s Offer Is Syria’s Last Chance

Russian President Dmitry Medvedev extended complete support to the UN-Arab League envoy in Syria, saying that Kofi Annan's resolution represented the last chance for preventing the violent insurgency from turning into a civil war. Medvedev's strong message to Syrian President Bashar al-Assad came close on the heels of US President Barack Obama announcing his plans to send non-lethal aid to the Syrian opposition.
A Shell logo is seen at a petrol station in Ankara March 6, 2012.

Sanctions Make It Hard For Royal Dutch Shell To Pay Iran

Royal Dutch Shell PLC has a whole lot of money on its balance sheet, but European Union and U.S. financial sanctions are making it difficult for the major integrated oil-and-gas company to pay an estimated $1 billion it owes the National Iranian Oil Co. for crude purchases, according to Reuters.
Gold bars

Economic Boom Good For Gold Owners

Another possible scenario, if the situation in Europe continues to improve and we are able to avoid any black swans, involves a robust economic growth period.
Syria's President Assad and wife arrive at a dinner during a EU-Mediterranean summit in Paris in 2008.

EU Sanctions Syrian First Lady

The wife of Syria's leader, Asma al-Assad, will suffer sanctions from the EU, including a travel ban to Europe and an asset freeze.
Obama Putin

Obama, Putin To Meet On Syria, Missile Defense

Putin, now Russia's president-elect, has said he would boycott the Group of Eight summit at Camp David and the NATO conference in Chicago this spring if U.S. missile defense plans weren't scrapped.
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Special Report: Chinese firm helps Iran spy on citizens

A Chinese telecommunications equipment company has sold Iran's largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and internet communications, interviews and contract documents show.

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