EUROPEAN UNION

Sudan's President al-Bashir waves to the crowd during rally in Kararey locality at Omdurman

Sudanese President will not seek re-election

Perhaps wary of the unrest that has swept over his country’s Arab neighbors to the north, the president of Sudan, Omar al-Bashir will not seek re-election in four years, according to Rabie Abdel Ati, a senior official of the ruling National Congress Party (NCP).

Desperate Ivorians queue for cash as banks close

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Ivory Coast's biggest bank, a unit of Societe Generale, suspended operations on Thursday, the latest in an exodus of foreign banks that is turning a political crisis into financial meltdown.
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A strong ECB president can make a difference

When arch-hawk Axel Weber withdrew last week from the contest to head the European Central Bank, the euro and bond yields dipped -- a sign of how crucial markets think the ECB's president may be in shaping its policy.
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Bob Geldof

France bad, Italy useless on aid goals - Geldof

France and Italy have fallen badly behind on pledges to boost their development aid and should follow the example of Britain, which has stuck to pledges despite austerity measures, Bob Geldof said on Tuesday.
India's Prime Minister Manmohan Singh walks on stage for a photo opportunity as part of the 5th East Asia Summit in Hanoi October 30, 2010.

EU sued over secrecy in India trade talks

Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.

China to build $1.2 bln airport in Sudan

A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan.
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China data eases rate fears, world stocks up

Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
Recently liberated Cuban dissident Angel Moya reacts during the weekly protest of the "Ladies in White" in Havana

Cuba frees more dissidents

Cuba has released two more political dissidents -- Hector Maseda and Angel Moya – from prison in a deal arranged by the Catholic Church.
President of Germany's Bundesbank Weber speaks during panel discussion at economic leadership congress in Berlin

Bundesbank chief Weber to quit, amidst row with ECB

The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
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Bundesbank's Weber says European resistance reason he bowed out

Bundesbank president Axel Weber said in an interview released on Saturday he decided he did not want to be a candidate for the European Central Bank presidency because of a lack of acceptance in some European countries.
Cocoa bags are seen in a warehouse in Gonate, western Ivory Coast,

Ivorian farmers fear cocoa to rot as buying halted

A halt to cocoa-buying in Ivory Coast is leaving beans to rot in farm warehouses, while smuggling through Ghana intensifies and some growers switch to other crops, farmers said on Thursday.
Laurent Gbagbo

Gas, goods and cash dry up as Ivory Coast crisis bites

Power cuts, shortages of medicine and cooking gas, empty cash machines, depleted shops and piles of uncollected trash: these were things Ivorians used to see as the scourge of their poorer West African neighbours.
Homeless people beg for money on O'Connell bridge in central Dublin

Ireland faces bleak recovery: NCB

As Ireland slowly recovers from its financial crisis, the economy will not be able to create any jobs and consumer spending will remain depressed, according to a study by NCB Group, the Dublin-based financial services firm.
Southern Sudan Referendum Commission

South Sudan votes for independence by a landslide

South Sudan voted overwhelmingly to declare independence in final results of a referendum announced on Monday, opening the door to Africa's newest state and a fresh period of uncertainty for the fractured region.
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Gunshots heard in centre of Tunis: witnesses

Gunshots were fired in the centre of the Tunisian capital on Tuesday, people in the area said, in a new blow to faltering efforts to restore security after the overthrow of the autocratic president.
Southern Sudan Referendum Commission (SSRC) chairperson Mohamed Ibrahim Khalil (L) hands out the results of the referendum to Sudan's President Omar Hassan Al Bashir.

Violence, repression remain as Sudan splits

Even as results of a landmark vote show the people of Southern Sudan have decided to form a new nation and international leaders congratulate them, recent reported violent incidents in the North and South indicate that peace in the embattled nation is fragile.
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Analysis: After the Great Recession, the Great Regression?

After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle
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After Egypt, West rethinks its Arab realpolitik

Astonished by the uprising in Egypt, Western countries anxious to be on the right side of history have started to reassess ties to army-backed Arab strongmen stubbornly opposed to democracy.

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