Staff Reporter
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/ 24 May 2006

Hamas: Olmert lying about desire for peace talks

The Hamas-led Palestinian government accused Israeli leader Ehud Olmert on Wednesday of having no interest in negotiating a peace settlement, despite his pledge to meet Palestinian Authority president Mahmoud Abbas. On Tuesday Olmert said that he would seek to set the final borders of Israel on a unilateral basis only after exhausting negotiation efforts.

No image available
/ 24 May 2006

Japan emerges from ‘lost decade’ of deflation

Japan has finally emerged from the ”lost decade” of deflation and is set to continue on a path of robust growth, weathering an expected end to zero interest rates, the International Monetary Fund (IMF) said on Wednesday. ”Japan has now exited from the period of deflation,” said the deputy director of the IMF’s Asia and Pacific department.