German Finance Minister Wolfgang Schaeuble ruled out Germany contributing any more money to the beefed-up EU bail-out fund than the 211 billion euros approved by parliament, in an interview published Saturday. “The European Financial Stability Facility has a ceiling of 440 billion euros ($590 billion), 211 billion of which is…
Live, from London, the British Parliament is debating the News Corp. phone-hacking scandal and Prime Minister Cameron’s involvement in it. Live feed below, courtesy of MSNBC. Visit msnbc.com for breaking news, world news, and news about the economy…
The European Union on Tuesday tightened rules on the disposal of radioactive waste with strict conditions on exporting it outside EU borders. The new legislation requires EU governments to present by 2015 plans to dispose of waste produced by nuclear reactors as well as other sources including electricity production, medicine,…
News Corporation owner Rupert Murdoch might be replaced by Chief Operating Officer Chase Carey as CEO of the company, but still remain chairman, according to Bloomberg. People with knowledge of the situation said that whether or not the 80-year-old Australian media mogul steps down as CEO depends in part on…
United Kingdom Prime Minister David Cameron agreed last week to allow the News of the World phone-hacking inquiry to examine allegations that the newspaper’s publisher, the London-based News International, had close dealings with “rogue” members of the intelligence services. The allegations were made by Member of Parliament Tom Watson in…
Prime Minister David Cameron on Monday bowed to opposition pressure and called an emergency session of parliament as the spiralling phone-hacking scandal claimed the scalp of Britain’s top police chief. As Rebekah Brooks, the former head of Rupert Murdoch’s British newspaper empire, protested her innocence after her arrrest, Cameron defended…
KABUL (Reuters) – Gunmen killed a top advisor to Afghan President Hamid Karzai and a member of the country’s parliament in a residential district of Kabul on Sunday, just days after the president’s brother was gunned down at home, officials said. The spokesman for Kabul’s police chief said two or…
JERUSALEM (Reuters) – Israel’s parliament suspended an Arab lawmaker on Monday for sailing with a flotilla that challenged the Israeli blockade on the Hamas-ruled Gaza Strip last year and was intercepted in a deadly raid. The Knesset’s Ethics Committee voted to suspend Hanin Zoabi from most parliamentary debates until the…
LONDON (Reuters) – Summoning a degree of national unity rarely seen outside times of war, Britain’s parliament will tell Rupert Murdoch on Wednesday to drop an expansion plan for his media empire while police probe possible crimes by his journalists. In a watershed moment for British politics, a barrier of…
Israel’s parliament was poised on Monday to vote on a law that would effectively ban Israelis from calling for boycotts of any part of the Jewish state or its settlements on occupied Palestinian land. Activists and intellectuals have criticised the controversial bill, accusing the MPs behind it of stifling free…