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/ 19 September 2011
World stocks and the euro fell sharply as investors feared a messy Greek default within weeks unless Athens implements the austerity measures demanded
US and European powers stepped up a diplomatic scramble on Sunday to avoid a UN showdown on the Palestinian plan to seek full UN membership.
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/ 18 September 2011
Experts say Europe is digging an ever-deeper hole as it vows to resolve the euro zone crisis.
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/ 17 September 2011
The EU has agreed that banks must be strengthened after July stress tests found a "systemic" crisis in sovereign debt threatened a credit crunch.
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/ 16 September 2011
At a time when the world is facing very important economic challenges, the EU-SA summit has shown that the parties share excellent relations still.
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/ 16 September 2011
Timothy Geithner told EU finance ministers to end talk about a eurozone break-up and work with the European Central Bank to fight the debt crisis.
At an SA-EU summit in the Kruger Park there are plenty of pachyderms outside, but Zimbabwe and Libya are the only elephants in the room itself.
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/ 11 September 2011
Greek Finance Minister Evangelos Venizelos has announced budget cuts totalling around €2-billion in exchange for a rescue package.
Finance Minister Evangelos Venizelos insists there is no rift with EU and IMF auditors, who say Greece failed to meet conditions to unlock funding.
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/ 3 September 2011
The EU has imposed a ban on purchases of Syrian oil and expanded the sanctions list to intensify pressure against President Bashar al-Assad.
Libya’s new leadership says it is committed to democracy, while it prioritises areas for spending the billions released from Gaddafi’s frozen assets.
China will appeal a World Trade Organisation rejection of its curbs on exports of industrial raw materials, the government has said.
The EU’s foreign affairs chief has urged world governments to meet a "moral obligation" to send aid into the drought-hit Horn of Africa.
Trade and diplomatic ties between the largest economies in Africa and Europe will top the agenda at the fourth annual SA-EU summit in September.
A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators.
After the year of the PIG the idea of a currency union, especially emulating the EU model, agreed to by SADC, does not look terribly clever.
The country in the firing line is Italy, which accounts for 20% of the eurozone’s output, as opposed to Greece’s 3%.
Europe is sliding into a war with international credit-rating agencies it may struggle to win, following a tumultuous week.
Greek law-makers, under terrific urging from EU officials, elected to accept a package of austerity measures necessary to avert a government default.
The Greek Cabinet has approved the severe austerity budget plan demanded by the EU and IMF as a condition for help taming its massive debt.
The IMF’s acting managing director has said the recovery in the euro area was broadly sound, even though growth remained uneven and moderate overall.
Negotiations are under way to set in motion a long-term plan to boost trade among 26 countries around Africa, but analysts are sceptical about it.
Former Finance Minister Trevor Manuel says he won’t run for IMF chief, making French Finance Minister Christine Lagarde a firm favourite.
The banner flapped in the wind for almost a week, surviving the rigours of sun and sudden downpour.
The largely Catholic nation was the last EU member to not allow divorce but country votes for change in law through referendum.
The European Union and Japan agreed to start talks towards a multi-billion-euro free trade deallinking the world’s third biggest economy to the globe’
International officials on Tuesday urged Madagascar to install transitional leadership ahead of planned elections, hinting it could restart aid flows.
A year after the International Monetary Fund and the EU imposed their now infamous austerity memorandum on Greece, life here has changed radically.
Police clashed with protesters near the Greek Parliament on Wednesday as thousands demonstrated against a new wave of austerity cuts.
The freshly ungubernated Arnold Schwarzenegger may have his sights set on becoming the president of the European Union, according to <i>Newsweek</i>.
South Africa is under pressure from the EU to deliver a second term of the Kyoto Protocol at the global climate change negotiations in Durban.
A committee set up by Egypt’s military rulers will travel to Europe aiming to recover frozen assets belonging to deposed president Hosni Mubarak.