BRUSSELS (Reuters) – European policymakers should be asking themselves “who lost Italy” after a grassroots revolt against austerity, unemployment and the political elite caused an electoral earthquake in the euro zone’s number three economy.
BRUSSELS (Reuters) – Britain should welcome a cap on bankers’ bonuses agreed by European Union lawmakers on Thursday as a fair response to taxpayers’ anger over the huge cost of rescuing imprudent banks, Europe’s top financial regulator said.
BRUSSELS (Reuters) – European Commission President Jose Manuel Barroso said on Tuesday he was convinced Britain would vote to stay in the European Union if a promised referendum takes place, despite opinion polls showing a plurality in favor of leaving.
CAIRO (Reuters) – Two years after a pro-democracy uprising, Egypt resembles a rickety bus rolling towards a cliff, its passengers too busy feuding over blame to wrench the steering wheel to safety.
CAIRO (Reuters) – Egypt will not tolerate a two-way flow of smuggled arms with the Gaza Strip that is destabilizing its Sinai peninsula, a senior aide to its Islamist president said, explaining why Egyptian forces flooded sub-border tunnels last week.
CAIRO (Reuters) – Egypt has begun devaluing its currency to help revive the economy and meet the conditions of an expected IMF loan and the depreciation has further to go, a business leader in the ruling Muslim Brotherhood said on Sunday.
CAIRO (Reuters) – Leaders of Islamic nations called for a negotiated end to Syria’s civil war at a summit in Cairo that began on Wednesday, thrusting Egypt’s new Islamist president to center stage amid political and economic turbulence at home.