What’s next for Portugal after PM’s resignation?

. Portuguese Prime Minister Jose Socrates resigned on Wednesday after parliament rejected his government's latest austerity measures, designed to help Portugal avoid having to seek an international bailout. IS A BAILOUT INEVITABLE?

Is the EU pact for real?

. By Shavasb Bohdjalian  European leaders agreed on Saturday to strengthen the euro zone bailout fund, make its loans cheaper and lower the interest rate on funds extended to Greece but left

Libyan oil output to take time to restore

. Libya's oil output will take some time to return to normal, the head of the National Oil Corporation said on Tuesday, because some installations were damaged in fighting between rebel and

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