Monday, January 16, 2012

S and P cuts EFSF credit rating after eurozone downgrade

S and P cuts EFSF credit rating after eurozone downgrade

S and P cuts EFSF credit rating after eurozone downgrade

Posted: 16 Jan 2012 12:44 PM PST

The rating agency Standard and Poor's has downgraded the eurozone's EFSF bailout fund, one grade from AAA to AA+. The move was expected after S&P…

Close up: ECB bids to ease bank stress

Posted: 16 Jan 2012 12:28 PM PST

The European Central Bank may have been slammed for failing to act as a lender of last resort to the eurozone's crippled economies - but when it…

France 'doesn't deserve a triple-A rating'

Posted: 16 Jan 2012 10:59 AM PST

For more reaction to Standard and Poor's downgrading of the credit rating of nine eurozone countries euronews spoke to Marc Touati, chief economist…

S and P downgrades downplayed

Posted: 16 Jan 2012 10:55 AM PST

In the aftermath of the so-called 'Black Friday' mass downgrading of eurozone countries, politicians and economists were quick to play down the…

UN chief urges Security Council unity on Syria

Posted: 16 Jan 2012 10:23 AM PST

The United Nations Secretary General has called on members of the Security Council to act with one voice over Syria. Ban Ki-moon said despite his…

Anger in Bucharest after days of violence

Posted: 16 Jan 2012 10:14 AM PST

In Bucharest, the clean-up has begun in earnest following violent protests against government spending cuts. Marches have been held for four…

France and Spain defiant after dowgrades

Posted: 16 Jan 2012 10:13 AM PST

The French and Spanish leaders have joined forces in trying to shrug off the dowgrading of their countries' economies by the rating agency S&P.…

24 killed in Beirut building collapse

Posted: 16 Jan 2012 09:48 AM PST

In brief: At least 24 people have been killed in the collapse of a building in Beirut. Rescuers are continuing to search for more than 10 others…

Observers slam 'undemocratic' Kazakh election

Posted: 16 Jan 2012 09:03 AM PST

International monitors on Monday condemned Kazakhstan's parliamentary election as undemocratic. Observers said there was no real opposition to…

Search resumes for Italy cruise liner missing

Posted: 16 Jan 2012 08:35 AM PST

Rescuers resumed their search of the Costa Concordia off western Italy on Monday, after poor weather and the risk the wreck might be displaced forced…

Cruise success poses a giant challenge

Posted: 16 Jan 2012 08:19 AM PST

Giant cruise liners actually constitute a double industry. They do not only fill a giant niche in tourism but in ship building. Then there are the…

Concordia survivors speak of panic and chaos

Posted: 16 Jan 2012 06:33 AM PST

As the investigation into the Costa Concordia disaster continues, more images and witness accounts have emerged of what took place. Survivors have…

When a globe is much more than a globe

Posted: 16 Jan 2012 06:19 AM PST

It may only be a Golden Globe, another "winner of" title to go on a DVD case, just an accolade for someone in showbiz. That would be true if the…

Shares steady after S&P downgrades

Posted: 16 Jan 2012 06:07 AM PST

It was choppy session for European stock markets on the first trading day after Friday's mass downgrade by Standard & Poor's of credit ratings for…

Search continues after Costa cruise ship accident

Posted: 16 Jan 2012 05:29 AM PST

no comment : Search continues after Costa cruise ship accident

Markets demand better solutions from EU leaders after downgrades

Posted: 16 Jan 2012 05:13 AM PST

In the age of austerity, investors are calling for EU leaders to come up with a convincing plan to boost economic growth after Friday's downgrade of…

Sunken ship's owners cite 'human error' for deadly accident

Posted: 16 Jan 2012 04:24 AM PST

The chairman of Costa Cruises, the company that operates the Costa Concordia that ran aground after hitting rocks off western Italy on Friday, has…

Pakistan's top court wants PM to face contempt charges

Posted: 16 Jan 2012 03:53 AM PST

Pakistan's Supreme Court on Monday ordered Prime Minister Yousuf Raza Gilani to appear before judges to face contempt charges. The court said…

Jonathan performs U-turn on Nigerian petrol prices

Posted: 16 Jan 2012 02:34 AM PST

Nigerian President Goodluck Jonathan has performed a major U-turn by announcing that petrol prices will be reduced after five days of mass protests.…

Nigerian leader makes U-turn on petrol prices

Posted: 16 Jan 2012 02:34 AM PST

Nigerian President Goodluck Jonathan has performed a major U-turn by announcing that petrol prices will be reduced after five days of mass protests.…

Search continues after Costa cruise ship accident

Posted: 16 Jan 2012 02:05 AM PST

no comment : Search continues after Costa cruise ship accident

EU parliament presidential election a 'stitch up'

Posted: 16 Jan 2012 02:04 AM PST

This Tuesday in Strasbourg three candidates are vying for the presidency of the European Parliament. The general expectation is that the centre-left…

Amateur video of Costa cruise evacuation

Posted: 16 Jan 2012 01:45 AM PST

no comment : Amateur video of Costa cruise evacuation

Giant pandas arrive in France from China

Posted: 16 Jan 2012 01:45 AM PST

no comment : Giant pandas arrive in France from China

Car bomb blast kills Shi'ites in Mosul

Posted: 16 Jan 2012 12:55 AM PST

A car bomb has exploded in a housing complex for displaced Shi'ite Muslims in the Iraqi city of Mosul. At least eight people are reported dead…
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