After all-night negotiations, Greece and its creditors salvaged a deal Monday that lessens the chance of Athens going bankrupt and needing to exit the 19-nation eurozone currency bloc. But the drama is not over yet.
His speeches can blend biblical fury with apocalyptic doom. Pope Francis does not just criticize the excesses of global capitalism. He compares them to the “dung of the devil.” He does not simply argue that systemic “greed for money” is a bad thing. He calls it a “subtle dictatorship” that “condemns and enslaves men and women.”
Marathon talks between Greece and its European creditors ended with a new bailout agreement early Monday, hours after negotiators in Brussels blew through a self-imposed deadline.
The Russian Navy is investing in two new submarines, one of which is being described by the head of Russia’s state-owned shipbuilding corporation as a “carrier killer,” according to the independent Moscow Times.
A deal has been reached between the world powers and Iran over the latter’s nuclear program after a series of major American concessions, Ehud Yaari, the Middle East affairs commentator for Israel’s Channel 2 television, said Friday night. “It is done. It is done,” he said, and will be signed “early next week.”
Islamic State claimed responsibility for an explosion on 11 July that ripped through the Italian consulate building in central Cairo, the first attack in Egypt against a foreign mission since violence in the country escalated two years ago.
An agreement to curb Iran’s nuclear program could create a bonanza for U.S. defense contractors who already are benefiting as the Obama administration tries to assuage Israeli and Gulf Arab concerns by cutting deals for more than $6 billion in military hardware.
The government of Greek Prime Minister Alexis Tsipras submitted a proposal similar to one presented by creditors last month, in a last-ditch effort to keep the country in the euro.
Russia is emerging as a new strategic nuclear threat to the United States, a senior member of the House Committee on Armed Services revealed on Wednesday.
The negotiations over Iran’s nuclear program will continue past the latest July 9 deadline, US Secretary of State John Kerry said from the talks in Vienna on Thursday evening.
Pope Francis wraps up the first leg of a three-nation South American pilgrimage Wednesday after issuing an impassioned call for a new economic and ecological world order where the goods of the Earth are shared by everyone, not just exploited by the rich.
After missing a second deadline in a week on Tuesday for concluding the nuclear talks between Iran and six world powers, the US administration has begun to suggest the talks could continue without set timetables.
The European Union’s parliament approved a significant trade deal with the United States Wednesday.
The eurozone has given Greece until Thursday to present new proposals to secure a deal with creditors, and has called a full EU summit for Sunday.
Greek Prime Minister Alexis Tsipras probably has 48 hours to resolve a standoff with creditors before civil unrest breaks out and ATMs run out of cash, hedge fund Balyasny Asset Management said.
A stock market crash there has seen $3.2 trillion wiped from the value of Chinese shares in just three weeks, triggering an emergency response from the government and warnings of “monstrous” public disorder.
America hailed “substantial progress in every area” of its negotiations over Iran’s nuclear ambitions on Tuesday, but declared that another deadline for a deal would be ignored and the talks extended by 72 hours.
World powers were set Tuesday to miss yet another deadline to nail down an elusive nuclear deal ending a 13-year standoff with Iran, despite hours of difficult top-level negotiations.
A senior Iranian military official said Sunday that despite the emerging nuclear deal between Iran and the US-led P5+1 group of world powers, America will remain Tehran’s enemy.
Greece lurched into uncharted territory and an uncertain future in Europe’s common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt economy.