Wednesday, 28 November 2012

Latest Headlines:





A man takes photographs of the Parthenon temple as he stands outside the ancient Herodes Atticus theatre in Athens November 27, 2012. REUTERS/John Kolesidis

Euro zone debt forgiveness lies ahead in Greek mire

BRUSSELS - Within minutes of euro zone finance ministers reaching a deal to cut Greece's debt, some commentators were dismissing it as "kicking the can down the road". But there is a critical element in the deal that goes a lot further than any other step taken so far to get Greece back on its feet. Full Article

Majority of Britons want press watchdog backed by law - poll 8:08am GMT

LONDON - More than two-thirds of Britons are in favour of an independent press regulator established by law, according to an opinion poll published in the Guardian newspaper on Wednesday, a day before a judge is expected to issue a report on problems in the industry.


A man looks at stock index board showing various countries stock price index outside a brokerage in Tokyo November 22, 2012.     REUTERS/Kim Kyung-Hoon

Confusing hard and soft power in markets

Deserting debt-laden, recession-racked North Atlantic and Japan for the fast-growing emerging market world may have been irresistible for some investors but many others still remain timid. Why? It may be a case of "hard power" versus "soft power". Full Article
Mark Carney, the governor of The Bank of Canada, speaks to reporters at a news conference in Ottawa in this April 18, 2012 file photograph.  REUTERSPatrick Doyle/Files

Carney swaps Canada growth for UK stagnation

When Canadian Mark Carney becomes Bank of England chief next year, the outgoing Bank of Canada governor will leave behind an economy which weathered the global financial crisis and is now achieving respectable growth, at least by Europe's dismal standards. Full Article
Free Syrian Army fighters pose on a tank after they said they fought and defeated government troops from the town of Ras al-Ain, near the province of Hasaka, 600 km (375 miles) from Damascus, November 22, 2012. REUTERS/Samer Abdullah/Shaam News Network/Handout

Rebels seizing initiative in long war for Syria

BEIRUT - Rebel strikes against military bases across Syria have exposed President Bashar al-Assad's weakening grip in the north and east of the country and left his power base in Damascus vulnerable to the increasingly potent opposition forces. Full Article
View of Olympic Rings near the Velodrome in the Olympic Park in Stratford, London, July 21, 2012. REUTERS/Neil Hall

Olympic Park gets post-Games makeover

London's Olympic Park has taken on the air of a construction site again, with work under way on a £292 million transformation before Britons can use facilities like the swimming pool and cycle trails. Full Article
A pram is pushed past a discount store in central Dublin November 14, 2010. REUTERS/Cathal McNaughton

Financial bust delivers baby boom

DUBLIN - The number of births in Ireland hit a 118-year high in 2009, when the economy clocked up its worst year on record, and the number of new arrivals has remained close to that peak. Full Article



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