Greece, Eurozone leaders agree to new bailout deal
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.
World News
Russia developing ‘carrier killer’ submarines
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.
After Major U.S. Concessions, Iran deal ‘done,’ Israeli report says
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.”
ISIS Bombed Italian Consulate in Cairo
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.
U.S. Offers Billions in Arms to Ease Mideast’s Iran Anxiety
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.
Greece Offers Pension Savings, Tax Increases to Keep Euro
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.
Russian Nuclear Threat Grows
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.
Kerry: Iran talks extended, ‘some tough issues remain unresolved’
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 wraps Ecuador leg of South America trip after calling for new ecological, economic order
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.
US floating possibility of open-ended Iran nuclear talks
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.
European Parliament approves trade deal with U.S.
The European Union’s parliament approved a significant trade deal with the United States Wednesday.
Greece debt crisis: Eurozone sets ‘final deadline’ for new plan
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.
Greece ’48 Hours Away From Unrest’
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.
Chinese chaos worse than Greece
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.
Iran nuclear Talks Enter Most ‘Difficult Phase’ as Deadline Extended 72 Hours
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.
Iran Talks Set to Miss Second Deadline in Vienna
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.
Iranian official: US will remain our enemy despite emerging nuclear deal
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 Enters Uncharted Territory With Overwhelming Referendum ‘No’
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.
Quartet of crises threatens Europe’s core
Four great crises around Europe’s fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades.
Iran nuclear talks: What will Tehran do with an extra $100 billion?
Iran stands to reap a windfall gain of about 25 per cent of its entire economy if $100 billion of frozen assets are released under a nuclear deal.