The next crisis candidate: Italy
Economy The next crisis candidate: Italy After Spain, Italy is now under increased pressure. The Austrian finance minister believes the eurozone’s third-largest economy will have to ask the EU for financial help. Following Spain’s financial tribulations, it is now Italy’s turn. The eurozone’s third-largest economy will be forced to ask the EU for financial help, [...]
UN Secretary General Ban Ki-moon has expressed deep frustration with the violence in Syria, two days after reports emerged of another massacre. Ban Ki-moon: “How many more times have we to condemn them? Mr Ban said there was little evidence that Syria’s government was complying with envoy Kofi Annan’s peace plan. Activists say government-backed militias [...]
Continue reading …
(CNN) — Global debate over the Syrian crisis is expected to ratchet up this week, with Russian and European Union leaders grappling with the thorny issue and U.N. members reassessing whether to take further action. Kofi Annan, joint envoy to Syria for the United Nations and the Arab League, will meet Friday with U.S. Secretary [...]
Continue reading …
