Rome / Bloomberg Italian Prime Minister Matteo Renzi has compared Europe’s recent economic policies to administering drugs to artificially prolong the life of a terminally ill patient. A regular critic of the European Union’s budget deficit rules, Renzi said in an open letter published by La Repubblica on Thursday that austerity economics had resulted in Europe being left behind by ...
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World’s biggest wealth fund gets political pushback in asset bid
Bloomberg Norway’s biggest political party says the country’s giant wealth fund needs to rethink its proposed entry into the $20 trillion infrastructure market. “With what we’re seeing now with economic developments globally, and the short-term cost of that for Norway, it’s time to put the brakes on,†said Torstein Tvedt Solberg, a Labor Party politician who sits on the parliamentary ...
Read More »Hollande loyalist Ayrault France new FM
Paris / AFP Jean-Marc Ayrault, who resigned as French prime minister two years ago to take the blame for a sputtering economy, has been rewarded for his loyalty to embattled President Francois Hollande with the foreign affairs portfolio. Seen as a safe pair of hands but with little diplomatic experience — or charisma —the understated Ayrault, 66, will be expected ...
Read More »NATO deploys Aegean migrant naval mission
Brussels / AFP NATO launched on Thursday an unprecedented naval mission in the Aegean Sea to tackle people smugglers taking migrants and refugees from the Turkish coast, Secretary General Jens Stoltenberg said on Thursday. The move follows a request this week by alliance members Germany, Greece and Turkey for assistance in tackling Europe’s biggest migrant crisis since World War II. ...
Read More »Thai ‘Red Shirts’ to reject army charter
Bangkok / AFP Thailand’s pro-democracy “Red Shirt” movement will vote against a new junta-scripted charter in a looming referendum, their leader said on Thursday, a move that could deepen the country’s political impasse. The political play comes a day after the military, which seized power two years ago from a civilian government, said it will hold a plebiscite on their ...
Read More »Australia may help orphans of IS couple
Sydney / AFP Australia said on Thursday it will “carefully consider” if it can help the orphans of an IS extremist and their Sydney-born mother, who both reportedly died in Syria, warning the children could pose a threat later in life. Tara Nettleton, whose husband KhaledSharrouf made headlines in 2014 when he posted an image on Twitter of his then ...
Read More »Crown Prince, Indian PM agree on measures to enhance existing ties
NEW DELHI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held on Thursday formal talks with His Excellency Narendra Modi, the Prime Minister of India, where the two leaders discussed ways to promote bilateral cooperation. The two leaders agreed that promoting bilateral cooperation would ...
Read More »Mohamed visits Gandhi’s memorial in New Delhi
New Delhi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited on Thursday the Raj Ghat, the memorial site of Mahatma Gandhi in New Delhi, accompanied by Dharmendra Pradhan, India’s Minister of State for Petroleum and Natural Gas. His Highness Sheikh Mohamed observed a ...
Read More »UAE-India bond is a partnership committed to progress: Abdullah
Abu Dhabi / WAM On the occasion of the official visit to India by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, H.H. Sheikh Abdullah bin Zayed, Foreign Minister, has reflected on the deep ties that bind the UAE and India, in an article published in ...
Read More »Erdogan threatens to send refugees to EU as NATO steps in
Ankara / AFP Turkish President Recep Tayyip Erdogan on Thursday threatened to send the millions of refugees in Turkey to European Union (EU) member states, as NATO agreed to deploy ships to the Aegean Sea to ease the migrant crisis. In a speech in Ankara, Erdogan stepped up his denunciations of Western policy in the refugee crisis, confirming he had ...
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