News

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Mon, 29 May 2017 19:54:11 GMT

Argentina's foreign minister resigns

Argentina's Foreign Minister Susana Malcorra resigned on Monday due to personal reasons. The country's Ambassador to France Jorge Faurie is to be appointed her successor.

Mon, 29 May 2017 18:54:41 GMT

Creditors are required to reach deal in June, says Greek finance minister

The Greek Finance Minister Euclid Tsakalotos said on Monday that international creditors must reach a debt relief deal in June to help the country return to financial markets.

Mon, 29 May 2017 18:14:37 GMT

Weidmann: ECB's policy still appropriate, but exit could be considered

Jens Weidmann, a German representative on the ECB's Governing Council, explained on Monday that Europe's lax monetary stimulus remains appropriate, but an exit could be considered.

Mon, 29 May 2017 18:08:53 GMT

Oil trades higher on Monday

Oil prices rebounded slightly on Monday, recovering some ground after the plunge last week. The market, however, remained cautious in response to increased US drilling activity.

Mon, 29 May 2017 17:01:09 GMT

Moldova demands five Russian diplomats to depart

Interfax news agency reported on Monday Moldovan government had demanded five Russian envoys to depart the country.

Mon, 29 May 2017 17:00:18 GMT

Macron says chemical weapons in Syria is red line

At a joint conference with the Russian President Vladimir Putin, the President of France Emmanuel Macron said using chemical weapons in Syria would result in immediate reprisals.

Mon, 29 May 2017 16:11:32 GMT

UK's May: no way to delay Brexit negotiations start

At a London event, the British PM Theresa May said the start of the Brexit talks would not be possible to stall and urged voters to support her in the June 8 election.

Mon, 29 May 2017 16:10:47 GMT

Egypt's President passes controversial NGO bill

A presidential order released on Monday showed the Egyptian President Abdel Fattah al-Sisi had ratified a controversial bill restricting NGO activity.

Mon, 29 May 2017 15:05:20 GMT

Macron meets Putin at Versailles palace

On Monday, the newly-elected French President Emmanuel Macron hosted the Russian President Vladimir Putin at the Versailles palace outside Paris.

Mon, 29 May 2017 15:04:48 GMT

Draghi: ECB set to reassess growth and inflation outlook

The ECB President Mario Draghi said the Central Bank was ready to review growth and inflation outlook in the wake of diminished downside risks to the Euro zone.

Mon, 29 May 2017 14:18:10 GMT

Bosch steering gears' shortage slows BMW production

According to the German automaker BMW, a shortage of the steering gears supplied by Robert Bosch hampered its vehicles production and led to suspension of the South African and Chinese plants.

Mon, 29 May 2017 13:59:10 GMT

Hardliner Raisi alleges voter fraud in Iran's Presidential Election

The defeated hardline nominee Ebraham Raisi called for investigation over the alleged by him voter fraud in the Iranian Presidential Election.

Mon, 29 May 2017 13:26:50 GMT

Normandy group format to discuss Ukraine crisis on Tuesday

The Normandy group leaders from Germany, Ukraine, Russia and France are eager to meet in Berlin this Tuesday to discuss the Ukrainian crisis discussion.

Mon, 29 May 2017 13:12:33 GMT

German detainee gets Turkey's permission of consular access

Turkey has granted a consular access to a German journalist Mesale Tolu, who was detained on advancing "terrorist propaganda" charges, Germany's foreign ministry stated on Monday.

Mon, 29 May 2017 12:31:55 GMT

Polish Foreign Minister deemed to misrepresent dispute

On Monday, the European Union executive accused the Foreign Minister of Poland Witold Waszczykowski of misrepresenting the dispute between Brussels and Warsaw over the rule of law.

Mon, 29 May 2017 12:20:00 GMT

British Airways flight disruption enters third day

British Airways is working to restore its computer system failure for the third day that caused major disruption for thousands of passengers worldwide as the carrier cancelled all its flights from Gatwick and Heathrow airports.

Mon, 29 May 2017 11:31:32 GMT

Australia to send extra 30 troops for NATO mission in Afghanistan

Australia promised NATO to send 30 more troops to join its Afghanistan training and assistance mission, increasing its total deployment to 300, the Defence Minister Marise Payne stated on Monday.

Mon, 29 May 2017 11:17:13 GMT

Russia criticises North Korean latest missile firing

On Monday, Russia condemned the North Korean latest missile launches, however, urged all sides to exercise restraint towards that region's military activity.

Mon, 29 May 2017 10:04:14 GMT

Euro zone April private loans come in at 2.4%

An ECB report released on Monday suggested the annual growth pace of adjusted private loans stood at 2.4% last month, up 0.1% from the previous reading.

Mon, 29 May 2017 10:03:50 GMT

M3 money aggregate drops to 4.9% in April

According to the data released by the ECB, the yearly growth rate of the M3 money aggregate plummeted to 4.9% over the month of April.

Mon, 29 May 2017 09:33:25 GMT

UK MI5 launches internal investigation over Manchester attack

British MI5 launched an internal investigation into its possible missteps regarding the Manchester suicide bombing and would examine the assumptions made about an attacker before the terror.

Mon, 29 May 2017 09:20:50 GMT

Japan to accomplish plans for self-driving cars, drones on June 9

The Japanese government is willing to finalise its plans on drones and autonomous vehicles on June 9 as the country seeks to focus on life expectancy improvement and boost its dramatically declined workforce.

Mon, 29 May 2017 08:32:39 GMT

Britain to remain EU's strong ally

On Monday, the UK interior minister stated that Britain would remain a strong partner of the EU after its withdraw from the bloc despite the German Chancellor Angela Merkel's claims that the EU could no longer rely on the UK.

Mon, 29 May 2017 08:17:06 GMT

Indian economy grows 7.9% annually in Q4

According to polls, India stays the fastest growing major world's economy as its annual growth hit 7.9% in the 2016 January-March quarter.

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