Thousands of people left their homes in eastern Germany on Sunday as a dam burst on the swollen River Elbe and swathes of farmland were flooded in an attempt to spare towns, with meteorologists forecasting more rain. In Magdeburg, one of the oldest cities in eastern Germany and a regional capital, some 23,000 people were
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Turkish Prime Minister Tayyip Erdogan vowed on Sunday to "choke" financial market speculators who he said were growing rich off "the sweat of the people", and urged Turks to put their money in state not private banks. Speaking at a series of rallies in the capital Ankara after a week of the fiercest anti-government demonstrations
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Members of an al Qaeda-linked Islamist group in the northern Syrian city of Aleppo executed a 15-year-old boy in front of his parents on Sunday as punishment for what the group regarded as a heretical comment, the Syrian Observatory for Human Rights said. Mohammad Qataa was shot in the face and neck a day after
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British lawmakers said they would conduct an inquiry into the independence of the Bank of England's new financial risk watchdog, following questions over its relationship with government and its appointment process. Doubts had been raised over the independence of the Financial Policy Committee, set up following the financial crisis in 2011 to pinpoint economic risks,
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Japanese shares soared on Monday, tracking a rally in global stocks as U.S. jobs data was solid but not strong enough to spawn new worry about near-term tapering of the Federal Reserve's stimulus, while Asian shares eased on weak China data. China May data, released over the weekend, showed unexpected weakness in trade and domestic
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The Defence Ministry is on alert following confirmation that the National Guard was dumping old ammunition in the sea around Zygi village. Defence Minister Photis Photiou told reporters on Saturday that president of the Republic Nicos Anastasiades and the Cabinet were informed on the issue during the last cabinet meeting and decided to appoint experts
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Noble Energy International has announced that the Ensco 5006 has commenced drilling at the A-2 appraisal well location in block 12. “It is estimated that drilling the well will take approximately three months to reach a total depth of about 5,600 meters below sea level”, a Noble press release, issued here, on Friday, says, adding
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German industrial output and trade activity rose sharply in April but the Bundesbank cut its growth forecast for this year, saying Europe's largest economy would slow down again after a second-quarter surge. The jump in activity offered some encouragement to other euro zone states, which are counting on increased German demand to help them export
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The European Union will pledge 3.5 billion euros ($4.6 billion) over the next seven years to help combat malnutrition in the developing world, the largest such EU donation to deal with nutrition. The EU has been increasingly combining its humanitarian and development aid efforts to help countries become better prepared for sudden shocks, for example
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Prime Minister Tayyip Erdogan flew back to a Turkey rocked by days of anti-government unrest on Friday and declared before a sea of flag-waving supporters at Istanbul airport: "These protests must end immediately." "No power but Allah can stop Turkey's rise," he told thousands who gathered in the early hours to greet him in the
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