Section: Independent Online (South Africa)
Crises threaten Europe’s core
Four great crises around Europe’s fringes threaten to engulf the EU, potentially setting the unification project back by decades. ||| Brussels – Four great crises around Europe’s fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades. The EU’s unity,...
MH17: Malaysia wants criminal tribunal
Malaysia told the UN it plans to push for a UN-backed tribunal to prosecute those suspected of downing flight MH17 in Ukraine. ||| United Nations – Malaysia told the United Nations Security Council on Thursday it plans to push for a UN-backed tribunal to prosecute those suspected of downing a passenger airliner last year in eastern Ukraine,...
Naspers has Nigeria and Turkey in its crosshairs
Naspers is rewriting the “Bric” acronym to include Nigeria and Turkey among the world’s best emerging markets as China and Russia lose some lustre with Africa’s most valuable company. ||| Chris SpillaneNASPERS is rewriting the “Bric” acronym to include Nigeria and Turkey among the world’s best emerging markets as China and...
Analysis: Black swan dangers may lurk in emerging markets
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, with concern that defaults and bank collapses could spill over to other European nations, with the impact going global. ||| BloombergHERE we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, with concern that...
Obama sheds cool style
Barack Obama has reached the stage where if he wants to break out in song publicly then he’s going to do it. ||| Washington – Barack Obama has reached the stage of his presidency where if he wants to break out in song publicly, as he did with “Amazing Grace” in a eulogy on Friday, then he’s going to do it. With a year-and-a-half...
From Dirty Dancing to downward dog?
A billionaire has grand plans to transform the hotel that inspired the iconic Patrick Swayze movie. ||| New York – The historic hotel in upstate New York that inspired the 1987 film Dirty Dancing will come to be known for its downward dog.An Indian billionaire is transforming Kutsher’s Country Club, once an all-inclusive getaway for...
Armenian protesters defy police
Protesters defied police, ignoring a call to disperse and digging in for a new day of protests against electricity price hikes. ||| Yerevan – Hundreds of protesters defied police on Wednesday in the Armenian capital, ignoring a call to disperse and digging in for a new day of protests against electricity price hikes and police violence.On...
EU extends Russia economic sanctions
EU foreign ministers extended economic sanctions on Russia, keeping up pressure on Moscow to help resolve the Ukraine conflict. ||| Luxembourg – European Union foreign ministers extended economic sanctions on Russia until Jan. 31 on Monday, keeping up pressure on Moscow to help resolve the Ukraine conflict. Russia described the move as a...
Putin blames West over Ukraine
Russian president says political settlement that gives substantial autonomy to Ukraine’s Russian-speaking east and amnesty to rebel fighters will resolve crisis ||| St Petersburg, Russia – It was two minutes before midnight when Russian President Vladimir Putin finally entered the meeting room in the Boris Yeltsin Presidential...
High-level talks on Greece planned
European leaders will hold an emergency summit next week to try to avert a Greek default. ||| Athens/Luxembourg – Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt...