Statement by IMF Mission Chief for Romania

A joint mission from the International Monetary Fund (IMF), the European Commission (EC), and World Bank (WB) visited Bucharest from April 27 to May 10 to review Romania’s program. “We have reached agreement at staff level on the fourth review of the Stand-By Arrangement. Subject to approval by IMF Management, and, subsequently, by the Executive […]

U.S. allies to bolster armored vehicle fleets

Navistar produces a Mine Resistant Ambush Protected truck designed for Afghanistan. The company will begin sending 70 new trucks to U.S. allies by the end of June. WASHINGTON — Coalition forces in , in urgent need of protection from roadside bombs, have sought hundreds of the U.S.-produced armored trucks known as Mine Resistant Ambush Protected […]

Serena survives epic in Madrid opener

Serena Williams was relieved after winning her marathon second-round tie against Vera Dushevina on Monday. (CNN) – World No. 1 Serena Williams survived the longest match of her career to bounce back from her Rome disappointment and reach the third round of the Madrid Open on Monday. The American was kept on court for almost […]

Top Greek lender relying on Turkey for growth

A general view of the Finansbank headquarters is seen in the Mecidiyeköy neighborhood of Istanbul. Bloomberg photo Greece’s largest bank is relying on Turkey to pull it through an economic crisis at home. The National Bank of Greece, or NBG, plans to open 75 branches from Ankara to İzmir this year to benefit from Turkish […]

Des avions perturbes par de fumeux nuages de cendres…

Il ya toujours eu des eruptions volcaniques. Beaucoup ont ete pire que cette eruption d’Avril 2010 en Islande. Pourtant aucune n’ont causees autant de problemes pour les compagnies aeriennes. Par exemple, le plus grand volcan d’Europe, l’Etna en Sicile, a eclate en 2002. Les images satellites ont montrees des centaines de kilometres de fumee, mais […]

Nikolay Mladenov, Bulgarian Minister of Foreign Affairs, in an interview for Focus News Agency

Focus: Mr Mladenov, the second part of your Balkan Tour starts with your visit to Montenegro today. What will be the main messages you will send to your colleagues in the remaining 5 Balkan countries, you are about to visit? Nikolay Mladenov: There are two main accents of the visit. The first one will be […]

Highs and lows of Brown’s career

Gordon Brown addresses the Labour Party conference in 1999. Photograph: Steve Eason/Getty Images Gordon Brown’s 13 years in government have taken him from the elation of becoming prime minister after a decade-long wait to the despondency of last week’s election result. HIGH — Being elected as an MP for the first time:  Mr Brown was […]

Mondial: la liste des 23 de Domenech devoilee mardi

Entre la meforme des cadres, le match Cisse-Benzema, le cas Vieira et une possible surprise de derniere minute, les questions ne manquent pas avant la divulgation, mardi, par Raymond Domenech des 23 joueurs pour le Mondial, veritable coup d’envoi de l’aventure sud-africaine pour la France. Depuis plusieurs semaines, le selectionneur a defini la philosophie qui […]

Euro up as Europe races to fix monster bailout

BRUSSELS, BELGIUM (AFP) – The euro rose in volatile early Asia-Pacific trade Monday as crisis-hit Europe worked overnight to agree a monster bailout package that diplomats said could reach up to 600 billion euros. There was no official confirmation of an agreement after nearly 10 hours of emergency talks between EU finance ministers in Brussels, […]

‘Fat tax’ on junk food as prices may rise to boost the war against obesity

Junk food and sugary drinks could be hit with ‘fat taxes’ in an effort to combat obesity and help fill the black hole in Government finances. The Food Standards Agency is planning to consult on whether such taxes would help make people eat healthier food. If imposed, the taxes would operate on the same principle […]