Section: Dunya TV (Pakistan)
Greece fails to reach bailout deal with Europe
Brussels (AFP) – Greeces new anti-austerity government failed to reach a deal with its European partners Thursday on renegotiating its huge bailout, with talks now set to go down to the wire next week.Finance minister Yanis Varoufakis set out Athens proposals for a new debt programme at an emergency meeting with his counterparts from the...
Marathon Ukraine peace talks drag on as leaders wrangle
Minsk (AFP) – A tense peace summit in Minsk between the leaders of Ukraine, Russia, Germany and France dragged on into Thursday as they tussled over a plan to end 10 months of fighting in Ukraine.A grim-looking Ukrainian President Petro Poroshenko shook hands with Russian leader Vladimir Putin at the start of the marathon talks as the two...
300 feared drowned in new Mediterranean boat tragedy
ROME (AFP) – More than 300 migrants are feared drowned after their overcrowded dinghies sank in the Mediterranean, triggering calls for the world to act after the latest boat disaster in a perilous crossing from Africa to Europe.The victims were mainly from sub-Saharan Africa who had left the coast of conflict-wracked Libya at the weekend...
Bosnia presidency warns against arms exports to Ukraine
SARAJEVO (AFP) – Bosnias joint presidency warned on Wednesday against allowing arms exports to Ukraine, fearing retaliation from Russia over winter gas supplies.Exports of arms and military equipment to Ukraine at this moment are not in Bosnia-Hercegovinas foreign policy interest, a presidency statement said.That would not contribute to...
Leaders arrive in Minsk for Ukraine peace talks
MINSK (AFP) – The leaders of Ukraine, Russia, Germany and France arrived in Minsk on Wednesday for a crunch peace summit aimed at ending 10 months of conflict in eastern Ukraine.Ukrainian President Petro Poroshenko will come face-to-face with Russian leader Vladimir Putin for the first time since October in a four-way meeting with German...
Bloody battles rage ahead of Ukraine peace summit
MINSK (AFP) – Ukrainian forces battled pro-Russian rebels for territory on Wednesday on one of the bloodiest days in 10 months of fighting ahead of a pivotal peace summit on the conflict.The leaders of Ukraine, Russia, France and Germany are to meet shortly in Minsk for what the EU foreign policy chief Federica Mogherini said would be a...
Low oil prices won’t spur world growth: Moody’s
PARIS (AFP) – Low oil prices normally help grease the wheels of business and spur global economic growth, but Moodys said Wednesday it would not revise its forecasts for the G20, citing a variety of offsets to the expected windfalls.For the G20 economies, we expect GDP growth of just under 3.0 percent each year in 2015 and 2016, unchanged...
Moment of truth looms at crunch Ukraine summit
Minsk (AFP) – Leaders from Ukraine, Russia, France and Germany were due to hold last-ditch peace talks Wednesday aimed at halting 10 months of conflict in east Ukraine that has claimed over 5,400 lives.The crunch summit is the climax of a frantic diplomatic push by German Chancellor Angela Merkel and French President Francois Hollande to...
Dollar advances as euro braces for key Greece meeting
NEW YORK (AFP) – The dollar Tuesday advanced against the euro and the yen while traders girded for euro volatility on the eve of key Greek debt talks.The dollar, which retreated Monday due to profit taking, resumed its upward climb following Fridays buoyant US jobs report.Market confidence has struggled of late amid worries about Greeces...
Obama presses Putin to strike Ukraine peace deal
WASHINGTON (AFP) – US President Barack Obama called his Russian counterpart Vladimir Putin on Tuesday to discuss escalating violence in eastern Ukraine, urging him to embrace a negotiated solution.Expressing unease at Russias ongoing support for separatists in Ukraine, Obama warned that the failure of upcoming peace talks would lead to more...