VIENNA (Reuters) – Syria’s main opposition leader said he had urged military defectors to limit their actions to defending anti-government protesters but feared his influence may not be enough to prevent civil war.
Syrian National Council leader Burhan Ghalioun said he pressed the leader of the Free Syrian Army, an umbrella group of armed rebels, to rein in operations after they launched a series of attacks on troops loyal to President Bashar al-Assad.
BERLIN (Reuters) – German Chancellor Angela Merkel believes her finance minister’s proposal of national funds in Europe for sovereign debt that is over 60 percent of gross domestic product could help restore confidence in the euro, her spokesman said on Friday.
“The chancellor welcomes the proposal of introducing national redemption funds as very interesting,” Steffen Seibert told a news conference.
VIENNA (Reuters) – The high oil price could “strangle” efforts to get the global economy back on its feet and may also hamper Asia’s ability to help the West exit its crisis, the International Energy Agency’s chief economist said on Thursday.
The IEA’s Fatih Birol said the world economy was in a more fragile state now than during the crisis of 2008-2009, when oil prices were lower.
VIENNA, Nov 21 (Reuters) – Three Austrian banks with
big businesses in central and eastern Europe have to fulfil
Basel III capital rules in full from January 2013, regulators
said, moving the timetable up by six years to boost safety in
The steps cover UniCredit unit Bank
Austria, Erste Group Bank and Raiffeisen Bank
International, which officials said had accepted the
guidelines and would stay in the region.
VIENNA (Reuters) – The U.N. nuclear watchdog board censured Iran on Friday over mounting suspicions it is trying to develop nuclear weapons, but Tehran said the move would only strengthen its determination to press on with sensitive work.
Almost unanimously, the agency’s 35-nation board passed a resolution expressing “increasing concern” about Iran’s nuclear program, after a U.N. report last week said the Islamic state appeared to have worked on designing an atom bomb.
VIENNA (Reuters) – Iran will not attend a rare meeting for Middle East countries next week to discuss efforts to free the world of nuclear weapons, an Iranian official said, signaling worsening ties between the U.N. atomic agency and Iran.
Ali Asghar Soltanieh, Iran’s ambassador to the International Atomic Energy Agency, made the announcement after the 35-nation governing board of the IAEA adopted a resolution on Friday rebuking Tehran over its nuclear program.
VIENNA (Reuters) – Major powers closed ranks on Thursday to increase pressure on Iran to address fears about its atomic ambitions, and the U.N. nuclear chief said it was his duty to “alert the world” about suspected Iranian efforts to develop atom bombs.
The six powers involved in diplomacy on Iran — the United States, Russia, China, France, Britain and Germany — overcame divisions exposed by a hard-hitting U.N. nuclear report on Iran last week and presented a united front toward Tehran.
VIENNA (Reuters) – The U.N. nuclear watchdog wants to send a high-level mission to Iran to address mounting concerns it may be seeking to design atom bombs, its head said on Thursday, and Tehran was expected to face censure at a meeting of agency member states.
An International Atomic Energy Agency report last week assessing that Iran has been conducting research and experiments geared to developing a nuclear weapons capability has stoked tensions in the Middle East and heightened Western pressure for harsher sanctions against the Islamic Republic.
VIENNA (Reuters) – The United Nations nuclear watchdog wants to send a high-level mission to Iran to address mounting concerns the country may be seeking to design atomic bombs, its head said on Thursday.
An International Atomic Energy Agency report last week assessing that Iran has been conducting research and experiments geared to developing a nuclear weapons capability has stoked tensions in the Middle East and heightened Western pressure for harsher punitive sanctions against the Islamic Republic.
VIENNA, Nov 17 (Reuters) – Austrian steelmaker
Voestalpine AG warned it expected full-year earnings
to weaken as the debt crisis and troubles in the financial
sector hit demand.
Consumers spooked by the weak economy are buying fewer
big-ticket items such as fridges and washing machines and the
construction industry also remains very weak, having failed to
recover from the crisis in 2008, the company said.