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Troubled Italian bank delays capital increase until mid-2014

Shareholders of Italy's troubled Banca Monte dei Paschi di Siena -- the world's oldest bank -- on Saturday voted to postpone until mid-2014 a giant capital increase needed to stave off nationalisation. Management had wanted the 3.0-billion-euro ($4.…
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Ukraine protesters block government offices after clashes

Ukrainian protesters Monday blockaded administrative buildings and camped on Kiev's central square in a bid to oust the government after police brutality and a row over an EU pact plunged the nation into its worst political crisis in a decade. European…
Nigerians Stand Against Deportation of Chained Nigerian  WA

KLM Flight Saga: Nigerians stand against Deportation of chained Nigerian [VIDEO]

A report reached me from my WhatsApp contact in what could classified as inhumane handling of deportation of a Nigerian from one of...
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Eurozone set for volatile 2014 as it tackles banks

The eurozone is finally set to return to growth in 2014 but the single currency bloc may not have put its crisis behind it as efforts to shore up its banks could boomerang. After beating back market panic that the eurozone was set to break up, eurozone…

Ban heads to Russia this week for opening of Sochi Winter Olympics

3 February 2014 – Secretary-General Ban Ki-moon will travel to russia later this week to take part in the opening of the 2014 Olympic...

UN chief hopes Ukraine peace plan will reduce violence, ease tensions

22 June 2014 – United Nations Secretary-General Ban Ki-moon has hailed a peace plan put forward by Ukraine's President, Petro Poroshenko, and said he...
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France delays decision on warships sale to Russia

France on Thursday resisted pressure to suspend the controversial sale of two Mistral warships to Russia over the Crimea crisis, insisting it would not make any decision before October. "The delivery of the first boat is due in October, so the question…
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Ukraine pro-EU protest loses momentum after Russia deal

The pro-EU protest movement in Ukraine on Sunday appeared to lose its momentum after the government's bailout deal with Russia, as the latest rally in Kiev drew far fewer demonstrators. Some 40,000 showed up at Independence Square for the fifth in a…
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Caterpillar used Swiss havens to avoid US tax: Senate

US Senate investigators have accused heavy equipment giant Caterpillar of hiding $8 billion in profits offshore in Switzerland to avoid US taxes. In a report released late Monday, investigators said the company took advantage of a special corporate…
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President Barack Obama steels for Putin call as crisis escalates

Presidents Barack Obama and Vladimir Putin confronted one another in telephone talks Monday as a standoff over Ukraine escalated after the CIA chief visited Kiev and a Russian war plane "buzzed" a US destroyer. Washington said it was consulting European…

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