29 Apr 2005 10:05 AM

Italian Prime Minister Silvio Berlusconi won a second and final vote of confidence in parliament that shows no need in approving a new government and indicates that there will be no early elections.

29 Apr 2005 09:19 AM

The US President George W. Bush calls for specifis cuts in future retirement benefits pointing at his desire to win over the revamp to Social Security plan.

29 Apr 2005 08:16 AM

The World Trade Organisation ruled yesterday that sugar industry subsidies are illegal and harm the rest of the world’s sugar producers. Phil Bloomer, head of Oxfam’s make trade fair campaign, said: "Today’s ruling confirms that the EU has been breaking WTO law and seriously harming developing countries in the process." Australia’s

28 Apr 2005 04:18 PM

The UK Prime Minister Tony Blair said he sees no options for the country to join eurozone soon and promised the UK people will not change pound for euro if the Labour Party wins the elections.

28 Apr 2005 03:16 PM

The repatriation of funds allowed under a tax break law can turn into an issue among the countries as they are quite reasonable with the withdrawal of capitals and may postpone the repatriation until the second half of the year.

28 Apr 2005 12:48 PM

Italian Prime Minister Silvio Berlusconi seems to have some time before the next elections as Italian parliament voted for new government formed by Berlusconi.

28 Apr 2005 12:16 PM

Israel is going to strongly oppose the Russian President Vladimir Putin’s possible intention to sell arms to the Palestinians, an Israeli official said on Thursday as President Vladimir Putin arrived in Israel. The

28 Apr 2005 11:20 AM

Hoshyar Zebari was named foreign minister of Iraq on Thursday, Ali Abd al-Amir Allawi will be finance minister. The rest of the list of the new cabinet is still in progress. The National Assembly of Iraq mostly approved the partial cabinet list of Prime Minister Ibrahim al-Jaafari. Still,

28 Apr 2005 08:14 AM

On Wednesday the World Bank released some contradictory data about China’s economy forecasting its soft landing in next years.

27 Apr 2005 04:43 PM

The US President George W. Bush plans to propose using closed military bases as sites for oil refineries – the move that marks one of the five initiatives to revamp US energy sector.

27 Apr 2005 03:42 PM

The investments and loans that China is ready to inject into the economy of its neighbor Philippines total as much as $1.4 billion. The move is aimed to further Chinese expansion on the Asian market with the possibilities to soothe the world’s fastest-growing economy.

27 Apr 2005 03:06 PM

The leader of Taiwan's opposition Mr. Lien was warmtly welcomed by Chinese communist officials who interpreted his arrival as a sign of reconciliation.

27 Apr 2005 01:39 PM

South Korea is not sure about the possible nuclear weapon testing which can be in progress in North Korea and yet expects more signs from its closest neighbor to ask for any sanction for it.

27 Apr 2005 11:49 AM

Secretary of State Condoleezza Rice started a good-will tour of Latin American capitals on Tuesday, the move that would face both support and criticism from Latin American leaders.

27 Apr 2005 10:56 AM

Israel strikes a warning note against Russian President Vladimir Putin’s proposal of Middle East peace summit if it is an effort to ignore a "road map" peace plan, a senior Israeli official said on Wednesday.