08292016Mon
Last update: Mon, 29 Aug 2016 07pm

Europe

World - Europe

Nigeria assembly approves $2.9bn supplementary budget LONDON: Nigeria's national assembly approved a supplementary budget for 2015 of 574.53 billion naira ($2.89 billion) to cover mainly fuel subsidy payments, a statement said on Tuesday. The amount is 108.9 billion naira more than President Muhammadu Buhari requested in November.Lawmakers said the rise is to take care of fuel subsidy payments for the remaining months of the financial year that the president did not capture in his request. Copyright Reuters, 2015 ...

World - Europe

Greek PM says will try to avoid further pension cuts under bailout ATHENS: Greek Prime Minister Alexis Tsipras sought to reassure his leftist Syriza party's lawmakers on Tuesday the government would avoid further cuts in pensions in a bid to secure their backing for the next raft of measures under the country's bailout. Tsipras, whose parliamentary majority has shrunk to three, failed to secure the backing of opposition parties on Saturday for tough pension reforms the country has promised to submit by December under its international bailout.The ...

World - Europe

Immigration curbs to weigh on Swiss growth: OECD ZURICH: A dynamic and open Swiss economy has weathered a strong franc with little impact, the Organisation for Economic Cooperation and Development said on Tuesday, but it warned that curbs on immigration pose bigger challenges ahead. Immigration accounts for much of the nation of 8.2 million's traditionally robust economic growth, the economic think tank for developed countries said in its latest survey of Switzerland, adding that restrictions could undermine the growth model and had already ...

World - Europe

Italy's 5-Star Movement under fire over city trash crisis ROME: The anti-establishment 5-Star Movement, which polls suggest could win Italy's next election, is seeing its rise threatened by a mounting garbage crisis in one of the cities it governs. The Tuscan city of Livorno, one of the largest of 16 local administrations controlled by 5-Star, has become the scene of a bitter national propaganda battle over who is to blame for overflowing skips and piles of rubbish in the roads. The stakes are much ...

World - Europe

'Come, spend in Paris', French PM urges tourists PARIS: France's premier Tuesday urged tourists to come to Paris, spend money and enjoy the capital's cultural attractions to help boost the city in the wake of deadly militant attacks."Come to Paris, security conditions are assured," Prime Minister Manuel Valls said on French radio, in what he described as a "message to all those tourists who cancelled their trip to Paris in recent days"."Consume, it's a festive time, spend, live, go back to shows, to ...

World - Europe

German unemployment at post-reunification low FRANKFURT: German unemployment fell to new lows in November as the recovery in Europe's biggest economy remains on track and no fallout is yet evident from the migrant crisis, data showed on Tuesday. The jobless rate is now at the lowest level since west and east Germany reunited in 1990 after the fall of the Berlin Wall the previous year, the Federal Labour Office said in a statement.Even the ongoing scandal at Volkswagen has not ...

World - Europe

110 journalists killed in 2015, most in 'peaceful' countries PARIS: A total of 110 journalists were killed around the world in 2015, Reporters Without Borders (RSF) said on Tuesday, noting that while many died in war zones the majority were killed in supposedly peaceful countries.Sixty-seven journalists were killed in the line of duty this year, the watchdog group said in its annual roundup, listing war-torn Iraq and Syria as most dangerous places for journalists with 11 and 10 fatalities respectively, followed by France, where ...