At least 13 people were killed and hundreds of houses destroyed in southwestern Pakistan on Tuesday when the region was struck by tremors from an earthquake that was centred in neighbouring Iran, Pakistani officials said. Tremors from the 7.8 magnitude quake were also felt in India and Gulf states. The epicenter was in southeast Iran
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Gold rose on Tuesday after physical buyers of bullion grabbed the chance offered by the previous session's record-breaking one-day drop, but investors expected more falls. Bullion on Monday recorded its biggest ever daily fall in dollar terms – at one point it was down $142 an ounce – catching gold bulls, speculators and veteran investors
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European Union politicians rejected a plan to prop up the world's biggest carbon market on Tuesday, sending it plunging to a new record low and raising questions about its survival. After months of bitter debate, a plenary session of the European Parliament in Strasbourg rejected by 19 votes a Commission proposal to remove temporarily some
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North Korea issued new threats against South Korea on Tuesday, vowing "sledge-hammer blows" of retaliation if South Korea did not apologise for anti-North Korean protests the previous day when the North was celebrating the birth of its founding leader. But despite the new ultimatum, the North Korean leadership was looking for a way to cool
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– Horse DNA found in 1 in 8 beef products tested in France – Britain finds illegal drug residues in horsemeat France found more cases of illegal horsemeat in beef products than any other EU country, early results of DNA tests ordered in the wake of the scandal showed, with more than 1 in every
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A series of cultural events titled “Cyprus Spring” are taking place at the Gasteig Cultural Center in Munich. The premiere last Friday, was attended by 200 guests. According to a statement issued Monday in Nicosia, the events are being organized for an eighth consecutive year. Cyprus Ambassador Minas Chatzimichail noted in his speech that Cyprus’
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Investors will be able to regain their confidence and trust in the economy of Cyprus, Cyprus Investment Promotion Agency Chairman Christodoulos Angastiniotis said on Monday, adding that recovery is expected in “record time”. According to an announcement, Angastiniotis, while addressing a dinner at the “Global Russia Business Meeting”, in Limassol, noted that Cyprus is in
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Investigators on Tuesday searched for the person or group responsible for planting two bombs at the Boston Marathon finish line that killed three people and wounded more than 100 in the worst bomb attack on U.S. soil since Sept. 11, 2001. The U.S. Federal Bureau of Investigation led a battery of federal, state and local
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Commodities from gold to oil recouped some of their earlier steep losses but remained volatile after investors dumped risk assets overnight, gripped by worries over slowing growth in China and the United States. European stock markets were seen extending losses, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX to open down
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A newly launched party that wants to take Germany out of the euro would not win enough votes to enter parliament, according to a survey published on Tuesday, but the pollster said it could gather more steam given German angst over costly bailouts. The Alternative fuer Deutschland (AfD) movement, which held its inaugural congress on
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