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EUROPEAN RESCUE EFFORT
Rubio on a rescue mission in India? Here are the high stakesUS Secretary of State Marco Rubio visits India to strengthen ties. The visit addresses trade friction and strategic concerns. The US seeks ...- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- India, Cyprus upgrade ties to a strategic partnershipIndia and Cyprus have elevated their relationship to a strategic partnership. A joint task force will boost cooperation in infrastructure a...
- Dollar holds firm after Fed raises inflation alarm, yen slips past 160The dollar strengthened as hawkish remarks from Federal Reserve policymakers pushed yields higher, leading traders to price out rate cuts t...
- Did 3 identical Iranian planes land in Pakistan to safeguard FM Abbas Araghchi, and US to unfreeze Iran's funds or not? Major diplomacy, ceasefire talks, and Pakistan mediation explainedDid 3 identical Iranian planes land in Pakistan to safeguard FM Abbas Araghchi, and US to unfreeze Iran's funds or not? Reports say Iran us...
- After Iran ceasefire, is Trump turning to Greenland again? His remarks spark fresh buzzTrump Greenland move 2026: After Iran ceasefire, is President Donald Trump shifting focus to Greenland again? Fresh remarks spark global ge...
- Around 60 migrants die in boat wreck off ItalyAt least 59 migrants, including a baby just a few months old, died after their overloaded boat sank early on Sunday in stormy seas off Ital...
- Earthquake of magnitude 4.6 jolts Turkey's MalatyaThe European Mediterranean Seismological Centre tweeted, "#Earthquake (#deprem) M4.6 occurred 19 km SW of #Malatya (#Turkey) 14 min ago (lo...
- 1,600 migrants lost at sea in Mediterranean this yearThe death toll is higher than last year, but by no means unique. The International Organization of Migration estimates that 23,000 people h...
- German court ruling clears the way for possible end to euro crisisWith Germany's court ruling, the path has been cleared for the 500 billion euro ESM and the fiscal pacts that are seen as critical for the ...
- Angela Merkel rejects EU bond idea to solve crisisMerkel rejected joint debt issuance in the 17-nation euro area as a solution, saying "under no circumstances" would she agree to Germany-ba...
- Europe to seek cash at G20 meet to quell crisis at homeEuropean officials will push Group of 20 nations to commit fresh cash to the International Monetary Fund to help solve the region's fiscal ...
- European rescue effort seeks orderly Greek default and containmentThe latest bailout effort involves a 50% write-down of Greek debt held in private hands and a further expansion of the effective firepower ...
- European Union seeks coordinated action to shield banksThe European Commission is pushing for a coordinated capital injection for banks to shield them from the fallout of a potential Greek defau...
- Banks welcome Greece bailout, promise supportInternational bankers welcomed agreements by the European Union and the International Monetary Fund (IMF) over the weekend to bail out debt...
- EU approves German financial bailout planThe European Commission on Tuesday approved a 500 billion euro ($623 billion) German government rescue plan to stabilize the country's fina...
- German parliament approves financial bailoutGermany's lower house of parliament has approved a $ 675 billion rescue package for the country's financial markets.
- Who pays the bill for mega bank rescue?A massive bill has been left with European and US govts that have now committed more than three trillion dollars to fighting the global fin...
- Europeans to bail out their ownEuropean leaders pledged to bail out their own nations’ banks while stopping short of a regional rescue effort to deal with the global cred...
- WTO chief says financial crisis threatens tradeThe crisis on world financial markets poses a risk to global commerce but activity in emerging countries may provide some relief, the head ...
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