News Archive - 4 June 2014

France's President Blasts Possible BNP Paribas Fines

France's President Blasts Possible BNP Paribas Fines

Egyptian election: Landslide victory confirmed, Sisi says it is 'time to work' (+video)

Egypt's official election results are in: Sisi won 97 percent of last week's votes. Human rights activists point out that hundreds of his predecessor's supporters have been killed and thousands arrested. 

Open letter to the PM on how to engage with China

A decade ago, India was moving towards becoming a significant actor in Asia second only to China. This has receded somewhat because the hiatus in decision making has impacted domestic growth.

New protests hit Brazil eight days from World Cup

Sao Paulo (AFP) - Sao Paulo underground workers announced an open-ended strike amid fresh protests, hitting World Cup preparations as Brazil defended itself against criticism over chronic delays and soaring costs.

Soccer-Messi kept scoreless in Argentina warmup win

* Argentina beat Trinidad and Tobago 3-0 * Palacio, Mascherano and Rodriguez score (Adds details, Messi quote) By Luis Ampuero BUENOS AIRES, June 4 (Reuters) - Lionel Messi, looking to score his first World Cup goals since 2006 in Brazil this month, went scoreless as Argentina cruised to a 3-0...

Syrian President Bashar Al-Assad Wins Third Term

Syrian President Bashar al-Assad has won a third term in office after securing 88.7% of votes in Tuesday's presidential election, the parliamentary speaker has announced.

G-7 summit nations urge Russia’s Putin to help stabilize Ukraine situation

BRUSSELS — Russian President Vladimir Putin was kept out of the summit of world leaders on Wednesday, but he dominated the meeting as President Obama ...

US missile defense test could shift timing to add interceptors

>WASHINGTON, June 4 (Reuters) - The success or failure of an upcoming U.S. missile defense test could affect when the Pentagon deploys 14 more ground-based interceptors to defend against possible missile threats from North Korea, a top U.S. official said Wednesday. Peppino DeBiaso, director of missile defense policy...

Hollande tells Obama mooted BNP fine disproportionate-French ...

>U.S. authorities are investigating whether BNP evaded U.S. sanctions relating primarily to Sudan, Iran and Syria between 2002 and 2009. Sources familiar with talks between them and the bank have said the potential fine could exceed $10 billion.Hollande flagged in the letter the need for a "reasonable"...

Bank regulation issues seen settled in six months: UK finance ...

>LONDON (Reuters) - Britain's finance minister George Osborne voiced confidence on Tuesday that politicians and regulators from major economies will achieve a framework for sorting out problems with bank regulation within six months. The Financial Stability Board, the regulatory arm of the Group of 20 leading economies (G20) that is...

US Secretary Kerry in Lebanon to pledge refugee aid

>BEIRUT (Reuters) - U.S. Secretary of State John Kerry urged Lebanon's politicians on Wednesday to overcome their "deeply troubling" stalemate and elect a new president to help respond to the damaging fallout of civil war in neighbouring Syria. Kerry, on a brief visit to Beirut, also announced more aid...

RPT-July deadline for Iran nuclear deal appears in jeopardy ...

>By Louis Charbonneau and Parisa HafeziNEW YORK/ANKARA, June 4 (Reuters) - It is increasingly unlikely that six world powers and Iran will meet their July 20 deadline to negotiate a long-term deal for Iran to curb its nuclear program in return for an end to economic sanctions, diplomats and analysts...

West prods Iran to speed up cooperation with IAEA inquiry

>VIENNA (Reuters) - Iran faced Western pressure on Wednesday to speed up its promised cooperation with a long-stalled U.N. nuclear watchdog investigation into suspected atomic bomb research by Tehran, something the Islamic state denies. The United States, the European Union and others welcomed at a meeting of the International...