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11 Saudi Princes Detained Following Protest: Report
Saudi authorities have detained 11 princes after they gathered at a royal palace in Riyadh in a rare protest against austerity measures that included suspending payment of their utility bills, Saudi media reported on Saturday.
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Socialist Challenger Admits Defeat in Portugal Election
The leader of Portugal's opposition Socialists, former Lisbon mayor Antonio Costa, on Sunday conceded defeat in a general election billed as a referendum on four years of harsh austerity policies, as near-complete results gave the ruling centre-right coalition a clear lead.
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Brazil Senate to Vote on Key Austerity Bill Wednesday
Brazil's Senate put off until Wednesday voting on a bill that rolls back payroll tax breaks, a key measure in President Dilma Rousseff government's austerity plan to bridge a gaping fiscal deficit.
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Govt considering closing petrol pumps at 8 pm to check fuel demand: Oil Minister Veerappa Moily
The government is considering various proposals including shutting down petrol pumps at 8 pm in select cities to check fuel demand as it looks at ways to cut the massive oil import bill, Oil Minister M Veerappa Moily said today.
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Greece passes steep cuts as riots seize capital
Greece fended off a bankruptcy that threatened to roil global financial markets, approving severe spending cuts and tax increases on Wednesday in the face of violent protests by Greeks who say they have suffered enough.The package of austerity measures would keep bailout money flowing to Greece from other European countries and the International Mo...
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Greek parliament passes key austerity bill
Greece's lawmakers approved a key austerity bill Wednesday, paving the way for the country to get its next vital bailout loans that will prevent it from defaulting on its debts next month.The unpopular euro28 billion ($40 billion) five-year package of spending cuts and tax hikes was backed by a majority of the 300-member parliament Wednesday, inclu...
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11 Saudi Princes Detained Following Protest: Report
Saudi authorities have detained 11 princes after they gathered at a royal palace in Riyadh in a rare protest against austerity measures that included suspending payment of their utility bills, Saudi media reported on Saturday.
-
Socialist Challenger Admits Defeat in Portugal Election
The leader of Portugal's opposition Socialists, former Lisbon mayor Antonio Costa, on Sunday conceded defeat in a general election billed as a referendum on four years of harsh austerity policies, as near-complete results gave the ruling centre-right coalition a clear lead.
-
Brazil Senate to Vote on Key Austerity Bill Wednesday
Brazil's Senate put off until Wednesday voting on a bill that rolls back payroll tax breaks, a key measure in President Dilma Rousseff government's austerity plan to bridge a gaping fiscal deficit.
-
Govt considering closing petrol pumps at 8 pm to check fuel demand: Oil Minister Veerappa Moily
The government is considering various proposals including shutting down petrol pumps at 8 pm in select cities to check fuel demand as it looks at ways to cut the massive oil import bill, Oil Minister M Veerappa Moily said today.
-
Greece passes steep cuts as riots seize capital
Greece fended off a bankruptcy that threatened to roil global financial markets, approving severe spending cuts and tax increases on Wednesday in the face of violent protests by Greeks who say they have suffered enough.The package of austerity measures would keep bailout money flowing to Greece from other European countries and the International Mo...
-
Greek parliament passes key austerity bill
Greece's lawmakers approved a key austerity bill Wednesday, paving the way for the country to get its next vital bailout loans that will prevent it from defaulting on its debts next month.The unpopular euro28 billion ($40 billion) five-year package of spending cuts and tax hikes was backed by a majority of the 300-member parliament Wednesday, inclu...
