[22 May 13] IMF: UK austerity not working - English
The UK economy is still a \'long way from growth and sustainable recovery\', according to the International Monetary Fund, which has recently...
The UK economy is still a \'long way from growth and sustainable recovery\', according to the International Monetary Fund, which has recently published its annual review on Britain\'s financial situation. The IMF believes the British government\'s austerity program will need to change in order to boost the country\'s economy.
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[26 May 13] IMF chief escapes indictment in corruption case - English
After two days of testimony, a French court has decided not to indict the head of the International Monetary Fund, Christine Lagarde, on charges of...
After two days of testimony, a French court has decided not to indict the head of the International Monetary Fund, Christine Lagarde, on charges of fraud and misappropriation of public funds. Prosecutors suspected that Lagarde showed preferential treatment when she awarded a French businessman 400 million euros for the sale of Adidas sportswear to a state-owned bank.
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[30 May 13] US dollar losing hold as world currency - English
With each year the American dollar is shrinking in percentage as the world\\\\\\\'s currency supply. The implications could mean a serious decrease...
With each year the American dollar is shrinking in percentage as the world\\\\\\\'s currency supply. The implications could mean a serious decrease in the dollar\\\\\\\'s influence as countries around the world look for alternatives. When compared to other prominent world currencies, the dollar has been experiencing a 15-year low. That\\\\\\\'s according to the International Monetary Fund. And, this indicates that more countries are willing to use other forms of currencies to do business. Experts say it\\\\\\\'s a fault of the US banking system and the Federal Reserve. If the dollar weakens in influence worldwide, it will be harder for the US to print money and pay its debts. In addition, looming battles over budget sequestration in Washington could rekindle long-standing fears of fiscal stability.
Colin Campbell, Press TV, Washington
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[11 July 13] israel military detains 5-year-old Palestinian for stone...
When the MP expenses scandal broke in 2009, it led to a dramatic drop in public trust in Parliament. In response, the parliament set up a committee...
When the MP expenses scandal broke in 2009, it led to a dramatic drop in public trust in Parliament. In response, the parliament set up a committee to review the expenses system and stop the abuse.
MPs used public money to fund hotel stays, wide screen TVs and gardening bills. In a move that will infuriate many that committee has today recommended MPs receive a more than 10% pay rise.
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[24 Nov 2013] Israeli settlers desecrate al-Aqsa mosque in presence of...
Israeli settlers and extremists have desecrated the Al-Aqsa Mosque compound before the eyes of Israeli police. Dozens of settlers stormed the holy...
Israeli settlers and extremists have desecrated the Al-Aqsa Mosque compound before the eyes of Israeli police. Dozens of settlers stormed the holy Mosque through the Dung Gate. The Gate is always used by settlers when storming the holy Mosque. The settlers were led by Jewish extremist Rabbi Yehunda Glick, the chairman of the so-called Temple Mount Heritage Fund. In recent weeks, groups of Jewish settlers-often accompanied by Israeli security forces-have repeatedly entered the al-Aqsa Mosque complex. The frequent violations anger Palestinian Muslims and occasionally lead to violent clashes inside the mosque compound.
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[16 Jan 2017] Prosecutors: Arrest Samsung heir for
The arrest warrant must be approved by a court first. Prosecutors say Samsung paid nearly 34-point-five million dollars to institutions backed by...
The arrest warrant must be approved by a court first. Prosecutors say Samsung paid nearly 34-point-five million dollars to institutions backed by Park\'s former confidante, Choi Soon-sil, in exchange for the national pension fund\'s support for a 2015 merger of two Samsung affiliates. Samsung has acknowledged providing funds to the institutions, but has denied accusations of lobbying to push through the merger. President Park was impeached by the country’s parliament in December for corruption and abuse of power. She has rejected all allegations as lies and a set-up.
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