Now or later? Euro zone, IMF at odds over when Greece should get debt relief
The euro zone and International Monetary are struggling with Greece's debt crisis - not with Athens this time, but with each other over when to give Greece a break on its future massive debt repayments.
Russia to lend Egypt $25 billion to build nuclear power plant
Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday.
EU seen on track to extend economic sanctions on Russia: sources
The European Union is on track to renew economic sanctions on Russia over the crisis in Ukraine when they expire in July, though an extension could be contested and only short-term, diplomats and officials said.
Kerry in Cairo to talk Mideast peace, Libya
U.S. Secretary of State John Kerry landed in Cairo on Wednesday for talks with Egypt's President Abdel Fattah al-Sisi on Libya and to explore a proposal by the Egyptian leader to try to end the Israeli-Palestinian conflict.
Many Senate Democrats frustrated with slow U.S. Syrian refugee admissions
More than half the Democrats in the Senate, including many of President Barack Obama's strongest supporters, signed a letter to him on Wednesday urging him to move more quickly to admit Syrian refugees into the United States.
Current U.S.-Russia tensions are dangerous -- but not ‘Cold War Two’
Since Russian-American relations spiraled downwards after Russia’s annexation of Crimea, analysts and politicians have begun to raise the once unthinkable: the advent of Cold War Two. Both American and Russian commentators have declared “Welcome to Cold War Two,” while NATO’s retiring supreme allied commander, Europe stated that “trying to prevent a Cold War” was now his successor’s responsibility. Russian Prime Minister Dmitry Medvedev went one step further, arguing “one could go so far as to say we have slid back to a new Cold War.”
Global PE firms find sweet spot in Japan's food sector
From sushi to bean sprouts to mushrooms, global private equity firms are dining on Japan's thriving restaurant scene as they wait for the country's notoriously slow conglomerates to restructure and reverse a slump in major deals.
China's Geely cars think big with Volvo makeover
The Briton who smoothed out Volvo's boxy lines and put signature radiator grilles on Lincolns for Ford is aiming to give China's Geely range global appeal by ditching its utilitarian image.
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