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Sunday 24 June 2012
Cameron proposes scrapping youth housing subsidies
LONDON (Reuters) - Prime Minister David Cameron has proposed scrapping rent subsidies for Britons under age 25, in a newspaper interview on Sunday that may heighten tension with his Conservative Party's Liberal Democrat coalition partners.
Insight: ANC promises ring hollow in home of South Africa greats
ENTSHINGENI, South Africa (Reuters) - First graders huddle to do sums on scraps of paper pressed against a cracked mud wall at Mwezeni Primary School in South Africa's destitute Eastern Cape province.
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Greek PM, incoming finance minister to miss EU summit
ATHENS (Reuters) - Greek Prime Minister Antonis Samaras, who underwent eye surgery on Saturday, will not attend a summit of EU leaders on June 28-29, when Athens will seek to ease the punishing terms of its international bailout, a government spokesman said.
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Turkey blames Syria for jet attack, consults NATO
ANKARA/AMMAN (Reuters) - Turkey accused Syria on Sunday of shooting down a military plane in international airspace without warning and called a NATO meeting to discuss a response to Syrian President Bashar al-Assad.
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Stop asking for more help, Germany tells Greece
BERLIN (Reuters) - Greece's new government should stop asking for more help and instead move quickly to enact reform measures agreed to in return for previous bailouts from its European partners, German Finance Minister Wolfgang Schaeuble said on Sunday.
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Hollande may lose euro battle as Merkel holds firm
PARIS (Reuters) - French President Francois Hollande may have set himself up for a fall this week, as Germany's Angela Merkel shows no sign of yielding to his push to provide more financing guarantees to stabilise the euro zone.
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Islamist Morsy wins Egyptian presidency with 52 percent
CAIRO (Reuters) - CAIRO, June 24 (Reuters) - Islamist Mohamed Morsy of the Muslim Brotherhood was elected president of Egypt with 51.7 percent of last weekend's run-off vote, defeating former general Ahmed Shafik, the state election committee said on Sunday.
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Paraguay under pressure after Lugo ousted
ASUNCION (Reuters) - Paraguay's new president said on Saturday he would ask his impeached predecessor to help quell regional tensions after Argentina withdrew its ambassador in protest at what it said was a coup and Brazil recalled its top diplomat for consultations.
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Argentina withdraws ambassador over Paraguay president's ouster
ASUNCION (Reuters) - Argentina withdrew its ambassador from Paraguay on Saturday in response to an impeachment trial that removed Paraguay's president from office in two days, prompting criticism in the region and beyond.
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Moody's downgrade gives edge to safe-haven banks
LONDON/NEW YORK (Reuters) - Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits.
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Rebekah Brooks faces court
LONDON (Reuters) - Former newspaper executive Rebekah Brooks, the woman at the heart of a scandal shaking Rupert Murdoch's media empire and the government, appeared in court on Friday at the opening of her prosecution on charges of hiding evidence from police.
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Greece outlines plan to ease bailout burden
ATHENS (Reuters) - Greece wants tax cuts, extra help for the poor and unemployed, a freeze on public sector lay-offs and more time to cut its deficit under a plan likely to run into strong opposition at a European Union summit next week.
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