Some 16,000 workers in Greece are in the midst of a 24-hour labor strike to protest the country's austerity package. Organized by Greece's largest unions, the strike and demonstration in Athens have paralyzed airports and ferry lines and closed schools, government offices and tourist sites.
Airliners were grounded, trains halted and tax offices shut on Wednesday as Greek state workers walked off the job to protest against austerity, defying a plea by the government to rally behind its effort to fend off national bankruptcy.
A decision handed down Tuesday by a court in Luxembourg could significantly change the Premier League's TV contracts to broadcast its soccer matches in Europe, but its ramifications beyond live sports could prove to be minimal.
Copenhagen officials expect the levy to generate almost 2.2?billion Danish kroner ($390-million) for the government.
Turkish Prime Tayyip Erdogan visited South Africa on Tuesday, the latest stop in a diplomatic drive into the resource-rich continent whose attention is increasingly fixed on emerging market relationships rather than old commercial ties to Europe.
European banks -- particularly those based in France and Germany with heavy exposure to Greek government bonds -- are suffering the worst damage.
Russian Prime Minister Vladimir Putin has proposed forming a Eurasian Union out of the former Soviet nations, saying it could become a global economic power to rival Asia, America, and Western Europe.
As American student Amanda Knox's court appeal ends, exasperated residents of Perugia wish for a return to the days when the Italian town was known for chocolate, art and history rather a sex and drugs scene made notorious by the murder case.
Greece's admission that it will miss its deficit targets this year and next despite harsh new austerity measures sent stock markets reeling on Monday and raised new doubts over a planned second international bailout.
Greece will miss a deficit target set just months ago in a massive bailout package, according to government draft budget figures released on Sunday, showing that drastic steps taken to avert bankruptcy may not be enough.
Iran said on Saturday that Christian Pastor Youcef Nadarkhani was sentenced to death for rape, not for the crime of abandoning Islam.
Greece will most likely receive the next tranche of the EU/IMF bailout loan in October, Austria's Finance Minister Maria Fekter was quoted telling German newspaper Welt am Sonntag on Sunday.
Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave off bankruptcy.
Greek officials held talks on Saturday with European Union and International Monetary Fund negotiators to free up urgently needed bailout loans, but the government and the lenders were reported to be at odds.
European Union (EU) plans to put a charge on carbon emissions from airlines are discriminatory and inconsistent with global laws, a meeting of a UN aviation body and non-EU member nations has agreed, an Indian government statement said on Friday.
European countries must act decisively to resolve the Eurozone debt crisis or risk having some member states forced out of the single currency, China's top newspaper said in a front-page commentary Saturday.
The imminent execution of an Iranian pastor, Youcef Nadarkhani, for the crime of apostasy (converting from Islam to Christianity) has prompted the wave of outrage and concern around the globe:
This year's Nobel Peace Prize -- to be announced in a week -- will be as interesting as the ones awarded to Barack Obama and Chinese dissident Liu Xiaobo, the head of the Norwegian Nobel Committee told Reuters Thursday.
Citigroup CEO Vikram Pandit said the current turmoil in the global financial markets will not be a repeat of the 2008 downturn, Singapore newspapers reported on Friday.
The U.S Justice Department has requested more information from Google regarding its $12.5 billion bid for Motorola Mobility, Google said Wednesday.
Germany's parliament approved new powers for the euro zone's crisis fund on Thursday but it was not clear if Angela Merkel got enough votes from her coalition to silence rebels worried about funding a series of bailouts of countries like Greece.
India and Pakistan agreed on Wednesday to further liberalise trade flows with tentative moves such as opening a second customs post and issuing more visas, seen as bolstering a fragile peace process between the two nuclear-armed rivals.
