NICOSIA: Cyprus reversed course and decided to keep its banks shut Tuesday as world markets took fright at the implications for the eurozone of the 10-billion-euro bailout deal with international creditors. President Nicos Anastasiades defended the deal in a speech to fellow Cypriots, but promised a criminal investigation to identify those responsible for the financial debacle....
ROME: From seductive "she-devil" to naive girl-next-door, the mystery over American Amanda Knox's true character was key to a gruesome murder case which appeared far from over on Tuesday.In a dramatic twist, the country's supreme court here overturned her acquittal for murder and ordered Knox and a co-defendant to face a retrial....
NICOSIA: Cypriots face years of economic hardship due to a harsh eurozone bailout deal, while the Mediterranean island's future in the single currency remains deeply uncertain, analysts said Monday.The fallout will begin immediately with food and medicine shortages likely in coming weeks as businesses struggle with a lack of cash in Cypriot banks, which were hammered by the agreement, said economic experts....
BRUSSELS: The eurozone struck a deadline-day deal with Cyprus Monday to resurrect a bailout for its government, but only after a radical downsizing of the island's financial sector.Cyprus President Nicos Anastasiades battled for 12 hours with his euorzone partners and the IMF.In the end however, he let one...
HONG KONG: Hong Kong's top court on Monday threw out a landmark case that would have given hundreds of thousands of foreign maids the right to seek permanent residency, ending a legal battle that split the city.In rejecting the bid to give maids the same residency rights as other foreigners, the Court of Final Appeal ruled that there was no need to refer the case to Beijing for a final say, which would have sparked new controversy....
BRUSSELS: Cyprus President Nicos Anastasiades entered emergency talks with the island's international creditors Sunday seeking to avert bankruptcy in a crisis that is again threatening the stability of the wider eurozone. The clock is...
KARACHI: Pakistan's former military ruler Pervez Musharraf returned home on Sunday after more than four years in exile, defying a Taliban death threat and vowing to risk his life to "save" the country."I have come back home today. Where are those who used to say I would never come back?" the former dictator, who plans to stand in a historic May 11 general election, told supporters at the airport here....
PAGADIAN, Philippines - An Australian ex-soldier just freed by Philippine extremists has recounted how his kidnappers fired shots to stop him escaping during his 15-month ordeal, a police officer said Sunday. Even when finally released, Warren Rodwell had to paddle a boat to a distant town and wade ashore through the mud to reach safety, said Inspector Eurem Macasil, the first policeman to meet him....
NICOSIA: Russia Friday spurned investment proposals that would have helped rescue the Cyprus economy, piling pressure on Nicosia as it races to stave off financial meltdown and possible exit from the eurozone.The European Union has given Nicosia until Monday to raise 5.8 billion euros ($7.47 billion) to unlock loans worth 10 billion euros or face being choked from European Central Bank emergency funding in a move that would bankrupt the island....
NEW DELHI: Two Italian marines flew back to India Friday to face murder charges, after Rome dramatically reversed a decision that which had triggered a diplomatic firestorm.The Indian government hailed Italy's U-turn as a success for diplomacy after being earlier accused of violating international laws on diplomatic immunity....
