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Asian economies to rebound but recovery fragile: ADB The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.

09 April 2013

African leaders refuse to recognise C.Africa strongman African leaders said they would not recognise Central African Republic's new self-proclaimed leader, as the nation's post-coup crisis came under the spotlight at a regional summit in Chad.

04 April 2013

Cypriot solidarity concert as financial crisis bites Tens of thousands of people on Monday attended a charity concert in the Cypriot capital Nicosia to raise funds and collect food for people suffering the fallout of a severe financial crisis.

02 April 2013

Cyprus launches banking overhaul as meltdown looms Cypriot politicians have until Monday to approve a "Plan B" bailout deal with the European Union and International Monetary Fund.

22 March 2013

Spain's main parties hit by scandals, crisis Spain's two major political parties, the pillars of a democratic system re-born after the 1975 death of General Francisco Franco, face an historic crisis.

20 March 2013

Citigroup to pay $700 million to settle suit US banking giant Citigroup said Monday it will pay $730 million to settle a class-action suit by bondholders related to the 2008 financial crisis.

20 March 2013

US House speaker urges senators to get 'off their ass' House Speaker John Boehner laid bare the Republican leadership's exasperation Tuesday over looming US budget cuts, as he demanded senators get "off their ass" to forge a compromise and avert a crisis.

27 February 2013

China ratings firm warns of global 'currency crisis' Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies.

25 February 2013

Lightning-fast mobile hits speed bump in Europe Lightning-fast fourth generation mobile networks are spreading rapidly worldwide, led by the United States, Japan and South Korea, but Europe lags behind and its economic crisis could brake investment.

25 February 2013

Uncertainty hangs heavy as Italy braces for elections Italy was poised to hold its most important elections in a generation starting on Sunday, as financial markets warned an unclear outcome could plunge the eurozone's third economy back into crisis.

22 February 2013

Tunisia in crisis as president's party rejects govt plan Tunisian President Moncef Marzouki's secular party said Monday it would stay in the ruling coalition reversing a previous threat, but maintained its call for key Islamist ministers to resign.

12 February 2013

Five foreigners still missing at Algeria hostage site Algerian authorities searched on Tuesday for five foreigners still missing and tried to identify seven charred bodies, days after a bloody hostage crisis.

24 January 2013

World jobless number seen rising to record high in 2013: ILO Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year.

23 January 2013

US confronts new north Africa crisis The United States was rocked Thursday by a new crisis spurred by Islamic militants amid a deadly hostage-taking in Algeria, prompting warnings to US interests in north Africa to boost security.

19 January 2013

Global financial architecture is awfully backwooded: Nazarbayev Nursultan Nazarbayev spoke about ways out of the global crisis at the meeting with heads of diplomatic missions and international organizations.

18 January 2013

Mali crucible gives Hollande chance to forge new image Francois Hollande's decision to order French forces into battle in Mali represents a watershed moment for a president derided by his critics as a compulsive ditherer.

14 January 2013

Spain faces 207-bn-euro headache in 2013 Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.

31 December 2012

Merkel steels Germans for 'more difficult' 2013 Chancellor Angela Merkel warned Germans that the economy, Europe's biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.

31 December 2012

Syrian deputy FM Muqdad begins talks in Russia A Syrian government delegation led by Deputy Foreign Minister Faisal Muqdad on Thursday began talks at the Russian foreign ministry on the crisis in the country.

28 December 2012

King urges Spain to unite against crisis King Juan Carlos called on Spaniards to unite against an economic crisis of previously unimagined intensity in a Christmas Eve message Monday that took clear aim at Catalonia's bid for nationhood.

25 December 2012

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