New York oil soars after Canadian pipelines shut New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
25 June 2013
EU leaders meet as doubts grow over future EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
25 June 2013
'Dear Italy, I have left, but would return if...' As thousands of Italians leave the country to look for work elsewhere, one young journalist's blog claims to offer "a megaphone for this generation," a voice to all those who profess to be ready to return "if...".
25 June 2013
French minister rounds on 'undemocratic' EU A French minister has blamed the European Union for fuelling the recent resurgence of the far-right Front National (FN) in France by exerting too much pressure on democratically elected governments.
24 June 2013
British economy 'out of intensive care': Osborne Finance minister George Osborne on Sunday said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending.
Chinese buy up Canada farms; is Beijing behind it? With too few farms in China to feed a burgeoning population, Chinese immigrants have started buying up agricultural lands in Canada and shipping produce to Asia.
23 June 2013
Palestinian statehood at 'dead-end': Israel minister Israeli Economy Minister Naftali Bennett said on Monday that the idea of a Palestinian state was at a "dead end", prompting the Palestinians to accuse him of sounding the death knell of a two-state solution.
World Bank sees less global growth, more stability The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.
Hungary economic 'fairy tale' comes true, or so it seems When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.
12 June 2013
US 'disappointed' by Sudan order to shut pipline The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing".
Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.
11 June 2013
Sudan freezes oil and security deals with South Sudan on Sunday put on hold nine security and economic pacts with South Sudan, including on vital oil shipments, but said Khartoum remained committed to good relations if Juba ended support for rebels.
Obama, Xi urge new relationship in first summit Throwing formality aside at a desert retreat, Presidents Barack Obama and Xi Jinping called Friday for a new approach to forge relations between the US superpower and a rising China.
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