Assets of subsidiaries of Libya’s investment arm freed, says UN panel
GENEVA: Subsidiaries of Libya's sovereign wealth fund are no longer subject to a freeze on their assets abroad under an informal easing of UN sanctions targeting the regime of late…
Merkel optimistic over Greek deal, spokesman says
BERLIN: A spokesman for German Chancellor Angela Merkel says she, together with the leaders Italy and Greece, are "optimistic" that a second massive bailout for Greece can be agreed next…
EU parliament approves agri trade deal with Morocco
BRUSSELS: European Union lawmakers approved a new trade deal with Morocco on Thursday that will significantly extend duty-free sales of agricultural, food and fisheries products between the North African kingdom…
Oil steady around $120 on Iran worries, Greek optimism
LONDON: Oil steadied near $120 a barrel on Friday, supported by tension between Iran and the West and hopes for a long-awaited Greek bailout deal. "As long as there are…
US says no plans to give IMF more money
WASHINGTON: The US Treasury reiterated Thursday that Washington has no plans to provide more money to the International Monetary Fund as the eurozone crisis drives the Fund to raise more…
China says World Bank head should be chosen on merit
BEIJING: China said Thursday it hoped the next head of the World Bank would be selected on "merit", amid calls for an end to US dominance at the global lender…
US democracy groups say Egyptian minister targeted them
WASHINGTON: US pro-democracy groups on Thursday blamed an Egyptian minister who was a holdover from the era of ousted President Hosni Mubarak for starting a campaign against American democracy activists…
NY Times Middle East reporter dies in Syria: Obit
NEW YORK: New York Times reporter Anthony Shadid, a Pulitzer Prize-winning journalist whose richly crafted dispatches surveyed two decades of Middle East turmoil, has died in Syria of an asthma…
US military chief argues against Egypt aid cut-off
WASHINGTON: The top US military officer forcefully argued against a cut-off in aid to Egypt on Thursday but acknowledged there needed to be "consequences" after a crackdown on US pro-democracy…
Football league could resume in empty stadiums
CAIRO: The Egyptian Football Association says the domestic league could resume in empty stadiums after the mourning period ends on March 15 for the 71 people killed in the country's…