Showing posts with label Jacob Y.. Show all posts
Showing posts with label Jacob Y.. Show all posts

Friday, April 12, 2013

Russia warns US against publicising Magnitsky list




Russia has warned the US against publishing a list of Russian officials banned from entering America because of alleged human rights abuses, a move it says could severely damage relations.

A spokesman for President Vladimir Putin said publication of the names would have a very negative impact.


Cyprus to appeal to EU for extra bailout assistance

Cyprus president Nicos Anastasiades has said he will appeal for extra assistance from the European Union.
On Thursday, it emerged that Cyprus would need to raise an extra 6bn euros ($7.8bn; £5.1bn) to secure a 10bn euro bailout from Brussels and the IMF.
Mr Anastasiades is urging EU leaders to change their policy towards Cyprus, but he is not asking for more money.
He made the announcement ahead of a eurozone finance ministers meeting in Dublin.
'Critical times' According to a draft document prepared by the country's creditors, the cost of the rescue has risen to 23bn euros from 17.5bn euros, with Cyprus now having to find 13bn euros of this.
The Dublin meeting will review how Cyprus can raise its contribution to the bailout being put together by the EU and IMF.


Thursday, April 11, 2013

Cyprus bailout: Eurozone finance ministers discuss crisis






Eurozone finance ministers meet on Friday to finalise a bailout for Cyprus amid news that the country needs much more money than first thought.
The meeting in Dublin will review how Cyprus can raise its contribution to the bailout being put together by the European Union and IMF.
The cost of the rescue has risen to 23bn euros ($30bn; £19.5bn) from 17.5bn euros, according to Cyprus' creditors.
Meanwhile, Cyprus has loosened the capital controls it imposed last month.
In order to secure 10bn euros from the EU and International Monetary Fund (IMF), Cyprus will have to find the remaining 13bn euros, about 6bn euros more than previously thought.


What next as Italy hits another political deadlock


Link to Video





Weeks after winning a slim majority in the February polls, Italian leftist politician Pier Luigi Bersani failed to form a new government, plunging Italy into deeper uncertainty. FRANCE 24 examines the likely political scenarios in Italy.

Merkel pressures Putin on NGOs in Russia

German Chancellor Angela Merkel appealed to Russian President Vladimir Putin on Sunday to “give a chance” to non-governmental organisations (NGOs) following Moscow’s decision to launch a crackdown on several NGOs.