Greek Impasse Prompts Euro Exit Warnings, Rattles Markets
ATHENS/ROME (Reuters) – With efforts to patch together a Greek government looking doomed, EU policymakers warned the country it could not remain in the euro zone if it ripped up its bailout program, and financial markets ratcheted up the pressure on the bloc. Eight days after inconclusive elections, Greece’s political parties have failed to form [...]
Greece Hits Political Stalemate, Euro Exit Fears Grow
ATHENS (Reuters) – Greece’s president met little enthusiasm from political leaders summoned to a final round of talks on Monday to avert a new election, reinforcing fears the country was firmly on the path to bankruptcy and an exit from the euro zone. European shares slid and Spanish and Italian bond yields rose as the [...]
Heavy Clashes Between Syrian Army, Rebels In Rastan
AMMAN (Reuters) – Rebels killed 23 Syrian soldiers on Monday, according to a rights group opposed to President Bashar al-Assad, in battles around the town of Rastan that further undermined a sagging U.N.-backed ceasefire. The fighting on the outskirts of Rastan followed heavy army shelling of the town in which opposition sources said at least [...]
Two Large Quakes Strike Peru-chile Border Area: Usgs
(Reuters) – Two strong earthquakes registering a magnitude of 5.9 struck an area near the Peru-Chile border on Monday, the United States Geological Survey reported. The USGS said the first tremor occurred at 06.00 a.m. EDT in Peru, 32 miles west-south-west of the town of Moquegua at a depth of 39.8 miles. Seconds later, a [...]
Egypt Vote Won’t Push The Generals Aside
CAIRO (Reuters) – Near the rock-strewn scene of a bloody anti-army protest, Islamist, liberal and other politicians sat with ruling generals this month to haggle over Egypt’s future after its first presidential vote since Hosni Mubarak’s fall. At stake in the Defense Ministry meeting, held just hours after 11 people were killed in another flare-up [...]