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Wednesday, January 28, 2015
Castro ends silence on shift in Cuba-US relations
Former Cuban leader Fidel Castro ended his long silence over his country's decision to restore diplomatic ties with the United States, writing that he backs the negotiations even though he distrusts politics in Washington.
The U.S. Federal Reserve ended 2014 with a pledge to be “patient” in raising interest rates from record lows. The way things are going, its patience may endure for a long while.
A day after a top ratings agency cut Russia's rating to junk level, the government in Moscow on Tuesday announced a plan that will see the economy return to a budget surplus in 2017.
Solid economic growth will help the U.S. budget deficit shrink this year to its lowest level since U.S. President Barack Obama took office, according to congressional estimates released Monday.
A branch of the World Bank is helping set up nearly US$63 million in financing to help create and operate a new wind farm in Jamaica, which has long struggled with punishing electricity costs and a near total dependence on imported oil.
Tuesday, January 27, 2015
Syriza moves fast to form government coalition
Greece's anti-austerity Syriza party moved fast to form a coalition government on Monday after its stunning election win that has put the country on a collision course with its international creditors.
The EU took a tough tone on Monday toward Greece after the radical left party Syriza stormed to victory in elections, warning that Athens' place in the eurozone depended on it honoring agreements on debt and austerity.
Human Rights Watch (HRW) on Monday accused Egyptian police of using “excessive force” against protesters after 20 people were killed in clashes on the fourth anniversary of its 2011 uprising.
Rain fails to spoil day as Obama attends India parade
Rain failed to dampen spirits at India's Republic Day parade Monday as Barack Obama became the first U.S. president to attend the spectacular military and cultural display in a sign of the nations' growing closeness.
Ukrainian authorities rushed to evacuate children from parts of the war zone Monday in the wake of a deadly rocket attack on the port city of Mariupol and as fresh clashes hit the country's east.
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