TORONTO – One of Canada’s best-known furniture retailers is trying to buy up a high-profile rival.
Greece votes budget, hopes to unlock aid
ATHENS (Reuters) – The Greek parliament approved an austerity budget for next year on Sunday, allowing it to extend its international financial bailout and avoid bankruptcy. With backing from all three parties in conservative Prime Minister Antonis Samaras’s coalition, the bill passed by a more comfortable margin than a separate package of deficit-cutting measures on which some of his allies had abstained on Wednesday. Passing both bills had been necessary to unblock a new tranche of credit from the European Union and International Monetary Fund before the government ran out of cash. …
New earthquake shakes Guatemala's Pacific coast, one injured
GUATEMALA CITY (Reuters) – A second strong earthquake in less than a week struck off the Pacific coast of Guatemala on Sunday, injuring one person, but there were no immediate reports of major damage. The epicenter of the 6.2 magnitude tremor was centered 24 kilometers (15 miles) west-southwest of Champerico, near Guatemala’s border with Mexico, 18.6 miles below the surface. “We felt it very, very strongly here,” said Vinicio Saraza, spokesperson for the Red Cross in San Marcos state, a mountainous region abutting Mexico’s southern Chiapas state which suffered heavy damages in Wednesday’s 7. …
Palestinians' Abbas tells Obama he will push for U.N. upgrade
RAMALLAH, West Bank (Reuters) – Palestinian President Mahmoud Abbas told U.S. President Barack Obama on Sunday that he was intent on seeking a Palestinian upgrade at the United Nations despite American objections, a Palestinian official said. Abbas spoke to Obama in a phone conversation to explain his decision, said Nabil Abu Rdaineh, an aide to the Palestinian president. On Wednesday, the Western-backed Palestinian Authority circulated a draft resolution to U.N. member states that calls for upgrading its U.N. status to that of observer state, despite objections by the United States and …
6.5-magnitude quake rattles Guatemala's coast
A 6.5-magnitude earthquake shook Guatemala’s Pacific coastline on Sunday, four days after a major quake killed dozens in the Central American country.
6.2 earthquake strikes off Guatemala's coast
A 6.2-magnitude earthquake shook Guatemala’s Pacific coastline on Sunday, four days after a major quake killed dozens in the Central American country.
India's ambitious plan to cut red tape gets tangled in ... red tape
NEW DELHI (Reuters) – India’s boldest attempt in two decades to sweep away the remnants of the “License Raj” permit system that has crippled infrastructure development has fallen victim to the very scourge it was designed to defeat. A proposal for a government panel chaired by Prime Minister Manmohan Singh to fast-track major infrastructure projects and boost a flagging economy seems to have stalled amid bickering between the finance and environment ministries over its powers, and an apparent reluctance to proceed without consensus. …
Hall of Famers Sakic, Sundin want to see Quebec City back in the NHL
TORONTO – Joe Sakic and Mats Sundin would like to see other NHLers get the opportunity to play in front of the adoring fans in Quebec City.
Guinea's Conde says treasury boss murder won't stop anti-graft fight
CONAKRY (Reuters) – President Alpha Conde said on Sunday Guinea would go on fighting corruption despite the murder of the West African country’s treasury director, a champion of the anti-graft movement. Aissatou Boiro was shot dead by unidentified attackers in military uniforms as she was returning home in the capital Conakry in her car on Friday. Several passengers in the car were wounded. …
Greece passes 2013 austerity budget
Greek lawmakers have approved the country's 2013 austerity budget, an essential step in Greece's efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. Greek coalition approves 2013 budget in parliament
ATHENS (Reuters) – Greece’s ruling coalition secured enough votes in parliament on Sunday to approve the 2013 budget law, a crucial requirement for Athens to revive its stalled international bailout program and avoid insolvency. Deputies allied to the three-party government approved the budget with a comfortable majority of parliament’s 300 seats. It followed a much narrower margin in a vote last week for a package of austerity and labor reforms also required for Greece to receive more aid. (Reporting by Harry Papachristou; Editing by Michael Winfrey)
No comments:
Post a Comment