09272016Tue
Last update: Tue, 27 Sep 2016 08am

Europe

World - Europe

Russian PM has private meeting with tycoon Vekselberg MOSCOW: Russian Prime Minister Dmitry Medvedev on Tuesday had a private meeting with Viktor Vekselberg, the billionaire tycoon whose lieutenants were earlier this month put in jail on charges of paying bribes to local government officials. The prosecutions of the two executives in Vekselberg's Renova group prompted speculation that the businessman himself could be targeted, suffering the same fate as other prominent tycoons who have fallen from grace under President Vladimir Putin. "They spoke, it was an unofficial meeting at Medvedev's residence,", a government source told Reuters. The government press office confirmed the meeting took place, but declined to give details. A source in Vekselberg's entourage said the businessman had planned to raise the investigation with Medvedev, but it was not yet clear if he had been able to do that. A spokesman for Vekselberg declined comment. State investigators on Sept. 5 laid bribery charges against Evgeny Olkhovik, Renova chief ...

World - Europe

Russia's Lavrov, US's Kerry are meeting in New York on Syria MOSCOW: Russian Foreign Minister Sergei Lavrov and US Secretary of State John Kerry are holding a meeting in New York to discuss a ceasefire in Syria and Monday's air strikes on an aid convoy, Russian news agencies reported. Copyright Reuters, 2016 ...

World - Europe

Russia's Putin to oversee launch of Vostochno-Messoyakha oilfield MOSCOW: Russian President Vladimir Putin will oversee on Wednesday the launch of the Vostochno-Messoyakha oilfield, jointly developed by Rosneft and Gazprom Neft, the Kremlin said in a statement on Tuesday. The field is Russia's northernmost onland oilfield. The reserves of the field and the adjacent Zapadno-Messoyakha are over 470 million tonnes of oil and 180 billion cubic metres of gas. Copyright Reuters, 2016 ...

World - Europe

US should 'not harbor a terrorist' like cleric Gulen: Erdogan NEW YORK: Turkish President Tayyip Erdogan told Reuters in an interview on Monday that the United States should "not harbor a terrorist" like U.S.-based cleric Fethullah Gulen and that his activities should be banned around the world.Gulen, who has lived in self-imposed exile in Pennsylvania since 1999, denies involvement in Turkey's failed coup in July and Washington has said it will extradite him only if Turkey provides evidence, much to the Turkish government's frustration.Erdogan said ...

World - Europe

Swiss and EU say they are closer on immigration deal after talks ZURICH: Switzerland and the European Commission said on Monday they had come closer to agreeing a deal on Swiss efforts to curb immigration while preserving its access to the EU single market, and scheduled further talks next month. Brussels insists on free movement of people as a condition for neutral Switzerland's joining the common market under bilateral accords.The arrangement has been put at risk by a Swiss referendum in 2014 demanding immigration quotas, which requires ...

World - Europe

UN launches appeal for Libya's Sirte as forces renew push against Islamic State LONDON: The United Nations launched an emergency $10.7 million appeal on Monday to help tens of thousands of people heading back to the Libyan city of Sirte amid military operations to oust Islamic State fighters from their last hideouts. Libyan forces aligned with the country's UN-backed government are said to be close to capturing the coastal city, which became Islamic State's most important stronghold outside Syria and Iraq when the militant group took control last ...

World - Europe

Germany's Schaeuble says zero interest rates make no sense to him BERLIN: German Finance Minister Wolfgang Schaeuble said on Monday that a monetary policy of zero or even negative interest rates did not make sense to him. "I'm still not creative enough to be able to explain to me the sense of zero or negative interest rates," Schaeuble said during a panel discussion in Berlin, without pointing to a specific central bank. Schaeuble, a veteran member of Chancellor Angela Merkel's conservative bloc, has repeatedly said that ...