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Breaking News Fri, 30 Jul 2010
Italian Lower Chamber President Gianfranco Fini reads his statement during a press conference in Rome, Friday, July 30, 2010.
(photo: AP / Gregorio Borgia)
Italy speaker refuses to resign, deepens crisis
The Star
| ROME (Reuters) - The influential speaker of Italy's lower house refused to step down on Friday after being censured by his own party, and said his supporters could vote against the government of former ally Prime Minister Silvio Berlusconi. Italy's Prime Minister Silvio Berlusconi (R) talks with M...
Prime Minister Vladimir Putin, white shirt, surveys the area as he visits the village of Verkhnyaya Vereya, Russia, on Friday, July 30, 2010.
(photo: AP / RIA Novosti, Alexei Druzhinin, pool)
Wildfires sweeping Russia kill at least 25
The Star
| MASLOVKA, Russia (Reuters) - Forest fires sweeping across European Russia on Friday killed at least 25 people and forced the evacuation of thousands in the hottest weather since records began 130 years ago. Men walk in front of a burning building outside the town of Vyksa, some 150 km (93 miles) s...
Italy speaker refuses to resign, deepens crisis
The Star
| ROME (Reuters) - The influential speaker of Italy's lower house refused to step down on Friday after being censured by his own party, and said his supporters could vote against the government of former ally Prime Minister Silvio Berlusconi. Italy's...
Wildfires sweeping Russia kill at least 25
The Star
| MASLOVKA, Russia (Reuters) - Forest fires sweeping across European Russia on Friday killed at least 25 people and forced the evacuation of thousands in the hottest weather since records began 130 years ago. Men walk in front of a burning building o...
Berlusconi Splits With a Coalition Ally
The New York Times
| ROME — Prime Minister Silvio Berlusconi split with one of his major allies, Gianfranco Fini, on Thursday night, weakening Italy’s governing coalition and raising the possibility of early elections. | Mr. Berlusconi said at a news confer...
China finds a friend in Germany
Asia Times
|      Jul 31, 2010 China finds a friend in Germany | By Jian Junbo | SHANGHAI - China and Germany are moving toward a closer and friendlier partnership, a process that seemed highly unlikely just three years ago and which could p...
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
AP / dapd, Mario Vedder, File
Unholy trinity sets up bank failures
Asia Times
|      Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicion...
Serbian President Boris Tadic listens to questions during a media conference at EU Headquarters in Brussels, Wednesday Sept. 3, 2008. Serbia's pro-Western government is urging Serbian lawmakers to ratify a pre-entry deal with the European Union, saying it will boost the country's troubled eco
AP / Virginia Mayo
Serbia's Tadic signs law allowing politicians to keep two jobs
m&c
| Belgrade - President Boris Tadic on Friday brushed aside criticisms from the Serbian anti-corruption agency and signed a controversial law into effect paving the way to lawmakers...
Italian opposition leader Silvio Berlusconi addresses journalists after meeting with the Italian President Giorgio Napolitano at the Quirinale Presidential Palace in Rome Tuesday, Jan. 29, 2008. The Italian president resumed talks with political leaders Monday after the resignation of Premier Romano Prodi last week sparked a government crisis and raised the possibility of an early vote just two years after the last general election. (js1)
AP / Andrew Medichini
Italy in political turmoil as Berlusconi party implodes
The Star
| ROME (Reuters) - Italy was in political turmoil on Friday after Prime Minister Silvio Berlusconi dramatically split with his one-time most powerful centre-right ally, putting the...
Italy speaker refuses to resign, deepens crisis
Deccan Herald
ROME, AFP: | The influential speaker of Italy’s lower house refused to step down on Friday after being censured by his own party, and said his supporters could vote against the government of his former ally Prime Minister Silvio Berlusconi. |  &ldquo...
Poland to cut Urals shipments from Transneft in Aug
The Guardian
MOSCOW, July 30 (Reuters) - Russian pipeline monopoly Transneft said on Friday that Poland would cut shipments of Urals crude via the Druzhba pipeline in the first ten days of August. Poland has been trying for a long time to diversify the crude oil ...
Gay Games in Cologne set to welcome 10,000 competitors
The Guardian
| German city gets ready to host gay and lesbian athletes from more than 70 countries for eighth quadrennial event A runner wearing rainbow socks at the Gay Games VII in Chicago in 2006. Photograph: Nick Laham/Getty Images | Around 10,000 gay and les...
Politics
In this photo taken Sunday Sept. 27, 2009, Italian premier Silvio Berlusconi delivers his speech as he attends a meeting in Milan, Italy.
(photo: AP / Alberto Pellaschiar)
Berlusconi Splits With a Coalition Ally
The New York Times
| ROME — Prime Minister Silvio Berlusconi split with one of his major allies, Gianfranco Fini, on Thursday night, weakening Italy’s governing coalition and raising the possibility of early elections. | Mr. Berlusconi said at a news conference Thursday that Mr. Fini’s positions were “absolutely incompatible with the founding ...
Business
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
(photo: AP / dapd, Mario Vedder, File)
Unholy trinity sets up bank failures
Asia Times
|      Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicions of non-Keynesians that governments remain not just beholden to banks around the world but positively scared of them. | Exhibit A is the cartoonish European bank "stress...



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