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Last update: Tue, 31 May 2016 07pm

Europe

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UN chief Ban calls for halving of numbers of displaced by 2030 ISTANBUL: UN Secretary-General Ban Ki-moon on Monday called on governments, businesses and aid groups at the U.N.'s first world humanitarian summit to commit to halving the number of displaced civilians by 2030.The two-day conference in Istanbul seeks to develop a better response to what the U.N. has called the worst global humanitarian situation since World War Two, with an estimated 130 million people now in need of aid."We are here to shape a different future," Ban said in a speech at the start of the summit."I urge you to commit to cutting (by) half (the number of) internally displaced people by 2030 and to find better long-term solutions for refugees and displaced people based on more equal sharing of responsibilities," he said.The summit aims to mobilise funds and get world leaders to agree on issues ranging from how to manage displaced civilians to renewing commitments to international humanitarian law.But it ...

World - Europe

Polish zloty falls to 3-month low vs euro on politics, Fed WARSAW: The Polish zloty fell to a three month low versus the euro on Monday, hit by an escalating conflict of the government with the constitutional court and expectations that the U.S. Federal Reserve might raise rates soon, dealers said.Some traders were also positioning themselves for a potential sale of shares by Italy's Unicredit of its Polish unit Bank Pekao, which may weaken the zloty as state-owned insurer PZU is seen as a likely buyer, ...

World - Europe

Greece says to begin evacuating migrants camped at border within days ATHENS: Greece will begin in the coming days to evacuate a makeshift camp on its northern border with Macedonia where thousands of migrants and refugees have been stranded in dire conditions for months, the government said on Monday.The sprawling camp in a field near the Greek town of Idomeni sprang up in February after border shutdowns across the Balkans left the people stranded there. They had mostly been heading for Germany and other wealthier northern ...

World - Europe

Leaving EU is ‘self-destruct option’ for economy and jobs, British PM says EASTLEIGH: Leaving the European Union would be economic self-destruction for Britain, shattering stability, Prime Minister David Cameron said on Monday, presenting a finance ministry report warning of recession, a tumble in the pound, and half a million job losses.Cameron and finance minister George Osborne, who are campaigning for Britain to stay in the EU in the June 23 referendum, have warned that households would be hurt by a fall in the value of their homes ...

World - Europe

Erdogan urges greater sharing of aid burden at humanitarian summit ISTANBUL: Turkish President Recep Tayyip Erdogan on Monday urged the international community to share the responsiblity of aid, at the opening of a unprecedented UN-backed humanitarian summit in Istanbul."The current system falls short... the burden is shouldered only by certain countries, everyone should assume responsibility from now on," Erdogan, whose country hosts some three million refugees from Syria and Iraq, said at the opening session of the meeting.Copyright AFP (Agence France-Presse), 2016 ...

World - Europe

Merkel calls for end to empty promises on humanitarian aid ISTANBUL: German Chancellor Angela Merkel on Monday called for an end to empty commitments on aid, on the opening day of a UN-backed summit in Istanbul."Too many promises are made and then the money does not come for the projects -- that must end," said Merkel, adding that the world currently had no humanitarian system that was "compatible with the future".Copyright AFP (Agence France-Presse), 2016 ...

World - Europe

EU's Moscovici hails Greek austerity vote as 'key step' PARIS: EU Economic Affairs Commissioner Pierre Moscovici on Monday hailed a new batch of Greek austerity measures as "key" to unlocking bailout funds."A key step has been taken... towards the conclusion of the first stage of the Greek programme," Moscovici said in Paris, a day after Greek lawmakers voted in favour of spending cuts and tax hikes.Eurozone finance ministers are set to discuss easing Greece's debt burden and disbursing the next round of funds at ...