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New Greek government in race against time

Greece’s new prime minister Lucas Papademos has held urgent talks with French President Nicolas Sarkozy and German Chancellor Angela Merkel on the bail-out for his debt-hit country. Both Sarkozy and Merkel underlined the need for Greece to implement the measures it had agreed to in return for the next instalment…

Israel allegedly refuses to disclose its plans to U.S. regarding Iran

Israel has “rebuffed” President Obama’s request that it disclose any plans to attack Iran, according to an anonymously sourced article in the U.K. newspaper The Daily Telegraph. Allegedly Secretary of Defense Leon Panetta was told in a meeting with Israeli Prime Minister Benjamin Netanyahu that Israel would offer no guarantees…

Arab League suspends Syria, calls for sanctions

The Arab League Saturday suspended Syria until President Bashar al-Assad implements an Arab deal to end violence against protesters, and called for sanctions and transition talks with the opposition. Syrian envoy Yussef Ahmad denounced the move as illegal, saying Damascus had already implemented the deal and accusing the United States…

Portugal public workers, soldiers protest against austerity

Portuguese civil servants and soldiers staged an anti-austerity protest in Lisbon on Saturday, a sign of the rising social tensions in debt-hit Portugal over deep cuts in spending. The country’s two main public workers unions, the CGTP and UGT, organised the march through the streets of the Portuguese capital to try “to prevent the…

Crowd jeers as Berlusconi quits power in eurozone crisis

Italian Prime Minister Silvio Berlusconi quit power on Saturday to loud cheering from a crowd of thousands in Rome after a wave of market panic that has shaken the eurozone brought his rule to an end. Berlusconi formally submitted his resignation to President Giorgio Napolitano, who announced he will now hold consultations on the…

Italian lawmakers set to approve key reforms

Italian lawmakers were set to give the nod Saturday to a reform package aimed at staving off bankruptcy, as Greece got to work on its own economic makeover after a week of eurozone debt trauma. Italy’s lower house of parliament was to meet from 1130 GMT to give final approval…

Venezuela rescues kidnapped baseball star Ramos

CARACAS (Reuters) – Venezuelan security forces rescued kidnapped Major League Baseball player Wilson Ramos on Friday, two days after he was abducted in a case that underlined the country’s dire security problems. The 24-year-old catcher for the Washington Nationals was abducted by armed men on Wednesday evening while he chatted…

Police shut Halifax protest camp, 14 arrests

At least 14 people were arrested as police evicted protesters from a Halifax park — the second camp of demonstrators decrying corporate greed to be cleared in the country this week. The Occupy Nova Scotia activists had only been camped out in Halifax’s Victoria park for a few days, after…

New Greek government offers no austerity relief

ATHENS (Reuters) – Greece’s new cabinet may last a month or two longer than planned, a senior government official said on Saturday, but whatever happens Greeks should not expect any relief from the tough austerity measures they have endured for two years. A national unity government, led by technocrat Prime…

Turkish commandos shoot dead lone ferry hijacker

ISTANBUL (Reuters) – Turkish commandos killed a lone hijacker, identified as a Kurdish militant armed with a bomb, in a pre-dawn operation on Saturday to rescue more than 20 passengers and crew held hostage for 12 hours on a high-speed ferry near Istanbul. Hostages aboard the “Kartepe” ferry later described…

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