
Hollande, Merkel meet to solve eurozone crisis ahead of crucial EU summit
French President Francois Hollande and visiting German Chancellor Angela Merkel met here on Wednesday evening in a new attempt to bridge rift and hammer out concrete tools to solve the debt crisis as Europe is on edge. French President Francois Hollande (R) welcomes visiting German Chancellor Angela Merkel at the Elysee presidential palace in Paris, France, June 27, 2012, on the eve of the EU Summit in Brussels. Hollande and Merkel met here on Wednesday evening in a new attempt to bridge rift and hammer out concrete tools to solve the debt crisis as Europe is on edge. (Xinhua/Gao Jing)
Upcoming EU summit to focus on growth, EMU: Barroso
European Commission President Jose Manuel Barroso on Tuesday said the forthcoming European Union (EU) Summit would focus on boosting growth and building a stronger Economic and Monetary Union (EMU).
Illicit drugs, crime "clear global menace": UN chief
UN Secretary-general Ban Ki- moon said here on Tuesday that the problems of illicit drugs and crime have gone beyond national boundaries and into the international sphere.
Vietnam initiates green economic centre at Rio+20
Vietnam’s Deputy Prime Minister Nguyen Thien Nhan proposed setting up a string of regional centres for green economy, while delivering his speech to the Conference on Sustainable Development (Rio+20) in Rio de Janeiro, Brazil, on June 21.
S.Korea, US conduct largest joint live-fire drill
South Korean and US troops Friday held their biggest single-day joint live-fire exercise to test responses to any North Korean attack, amid high tensions on the peninsula.
World presses EU summit for lasting euro remedy
Europe's leaders gather for a mother-of-all-summits this week under intense global pressure to head off a potentially catastrophic economic collapse.
G20 economies need effective crisis management: IMF
The Group of Twenty (G20) members must effectively manage rising economic risks, deliver on past commitments and adopt more complete and collective policies to achieve their growth objectives, the Washington-based International Monetary Fund (IMF) said on Wednesday.
Wall Street rises on monetary easing hopes
U.S. stocks closed higher on Tuesday as investors' expectations of further monetary easing policy by the Federal Reserve boosted the market, while positive news from Europe also provided support.
IFAD provides aid for Cambodia’s farmers
The International Fund for Agricultural Development (IFAD) will provide a 17.5 million USD loan and a 17.5 million USD grant to Cambodia to help the country improve agricultural productivity and diversify the sources of farmers’ incomes.
Streets empty after Nigeria church blasts, riots kill 52
The streets of Nigeria's Kaduna city were mostly empty Monday a day after suicide blasts on three churches carried out by Boko Haram Islamists and subsequent rioting killed at least 52 people
Saudi appoints Prince Salman crown prince: state TV
Saudi Prince Salman, brother of Saudi King Abdullah, reacts upon the arrival of the coffin of Crown Prince Nayef at Jeddah airport June 17, 2012.
Suu Kyi accepts Nobel Peace Prize 21 years late
Myanmar opposition leader Aung San Suu Kyi finally accepted her 1991 Nobel Peace Prize in Oslo on Saturday after spending a total of 15 years under house arrest and said full political freedom in her country was still a long way off.