Barclays chairman resigns over rate rigging scandal
Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.
03 July 2012 13:37
Israel sought $1 billion IMF loan for Palestinians
Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.
Recovering Greek leader faces crucial audit
Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.
World stocks, euro, oil jump as EU summit delivers
World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.
2013 budget cuts are likely: Massimov
Prime-Minister Karim Massimov told the Parliament that Nursultan Nazarbayev had instructed to consider "a negative scenario for 2012".