France to raise tax-free savings ceiling in two steps

France to raise tax-free savings ceiling in two steps

France to raise tax-free savings ceiling in two steps

Posted: 22 Aug 2012 01:13 AM PDT

PARIS (Reuters) - France's Socialist government will pass a law in the next few days to eventually double the amount of money people can squirrel away in tax-free, state-guaranteed savings accounts, Prime Minister Jean-Marc Ayrault said on Wednesday.

Death toll from Lebanon fighting climbs to 10

Posted: 22 Aug 2012 01:10 AM PDT

TRIPOLI, Lebanon (Reuters) - The death toll from fighting between Sunni Muslims and Alawites in Tripoli climbed to at least 10 overnight, medical sources said on Wednesday, in clashes that the city's residents described as some of the heaviest since Lebanon's civil war.

Insight - Ethnic, economic interests entangle Rwanda in Congo

Posted: 22 Aug 2012 01:02 AM PDT

KIWANJA, Democratic Republic of Congo (Reuters) - Four years after dozens of his neighbours in the remote eastern Congolese village of Kiwanja were butchered by rebels, Olivier has a sense of a recurring nightmare.

Analysis - As Dutch zeal for Europe wanes, election brings risks

Posted: 22 Aug 2012 01:00 AM PDT

MAASTRICHT, The Netherlands (Reuters) - For the 12.5 million Dutch who go to the polls on September 12, the national election really boils down to one issue: Europe.

VIDEO: Romney urges Akin to stand down

Posted: 21 Aug 2012 02:56 PM PDT

Senior figures in the US Republican party, including Mitt Romney, are urging Missouri congressman Todd Akin to withdraw his candidacy for the Senate.


Guatemala sentences first police chief for war crimes

Posted: 21 Aug 2012 10:29 PM PDT

GUATEMALA CITY, Aug 22 — A Guatemalan court yesterday sentenced for the first time a former police chief to 70 years in jail for ordering the kidnapping of a university student during the country's brutal civil war. The landmark ruling against Pedro Garcia, arrested last year at his home southeast of the capital, is the latest in a string of cases ...

Iran looks to Armenia to skirt bank sanctions

Posted: 21 Aug 2012 09:51 PM PDT

NEW YORK, Aug 22 — With international sanctions squeezing Iran, the Islamic Republic is seeking to expand its banking foothold in the Caucasus nation of Armenia to make up for difficulties in countries it used to rely on to do business, according to diplomats and documents. Iran's growing interest in its neighbour Armenia, a mountainous, ...

Singapore’s US$4b IMF loan case to be heard in chambers, says report

Posted: 21 Aug 2012 09:38 PM PDT

SINGAPORE, Aug 22 — Reform Party secretary-general Kenneth Jeyaretnam's legal bid to stop Singapore's US$4 billion (RM12.4 billion) pledge to the International Monetary Fund (IMF) will be heard by a judge on September 12. Local television Channel NewsAsia (CNA) reported that the date has been set for a leave hearing in chambers, where the judge ...

Closed-door hearing for challenge against Singapore’s US$4b IMF loan

Posted: 21 Aug 2012 09:38 PM PDT

SINGAPORE, Aug 22 — Reform Party secretary-general Kenneth Jeyaretnam's legal bid to stop Singapore's US$4 billion (RM12.4 billion) pledge to the International Monetary Fund (IMF) will be heard by a judge on September 12. Local television Channel NewsAsia (CNA) reported that the date has been set for a leave hearing in chambers, where the judge ...

US allows NGOs to transfer earthquake aid money to Iran

Posted: 21 Aug 2012 09:27 PM PDT

WASHINGTON, Aug 22 — The United States will temporarily allow non-governmental organizations to transfer money to Iran to help the country rebuild from an earthquake disaster, the Treasury said yesterday. The United States has an array of sanctions in place against its foe Iran, which US officials accuse of seeking to build nuclear weapons. Iran ...

Ecuador’s leader says open to talks with Britain on Assange

Posted: 21 Aug 2012 09:01 PM PDT

QUITO, Aug 22 — Ecuador is ready to negotiate over the fate of Julian Assange if Britain withdraws a threat to raid its embassy in London where the WikiLeaks founder has sought refuge, President Rafael Correa said yesterday. Ecuador was incensed by a veiled British threat to enter the embassy to arrest the 41-year-old former computer hacker, who ...

Japan PM meets anti-nuclear demonstrators

Posted: 22 Aug 2012 12:44 AM PDT

Japanese Prime Minister Yoshihiko Noda met anti-nuclear demonstrators face-to-face on Wednesday for the first time since weekly rallies outside his office began five months ago.

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Indian opposition to block parliament until PM resigns

Posted: 22 Aug 2012 12:40 AM PDT

India's opposition vowed on Wednesday to block parliamentary proceedings until the prime minister resigned over a coal scandal, raising the prospect of more legislative deadlock and stalled reforms.

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If Anwar retires

Posted: 22 Aug 2012 12:32 AM PDT

Pakatan Rakyat leader Datuk Seri Anwar Ibrahim said that he will step down if the alternative coalition fails to win the next general election. Is he trying to gain sympathy votes?

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Kedah MCA seeks apology over hudud report

Posted: 22 Aug 2012 12:30 AM PDT

Kedah MCA chairman Datuk Chong Itt Chew today sought an apology from a Malay language newspaper over a report it had carried yesterday bearing the headline "MCA Kedah Sokong Hudud" (Kedah MCA Supports Hudud).

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Steady progress to make Renminbi a reserve currency

Posted: 22 Aug 2012 12:02 AM PDT

ABN Amro expects the Chinese authorities to make steady progress towards making the Renminbi (RMB) a reserve currency within the next decade, but without displacing the dollar's role as global currency at least for the foreseeable future.

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Italy's instability deepened by "pigsty" law

Posted: 22 Aug 2012 12:34 AM PDT

ROME (Reuters) - So bad it is universally known as the "pigsty", Italy's electoral law is at the centre of political instability that is stoking fears the euro zone's third-largest economy could topple into a Greek-style debt crisis.

Washington state man arrested over threats to Obama

Posted: 22 Aug 2012 12:16 AM PDT

OLYMPIA, Washington (Reuters) - A Washington state man was arrested by federal agents on Tuesday after making threats against President Barack Obama in emails sent to the FBI, authorities said.

Ethiopians mourn strongman ruler Meles, dead at 57

Posted: 21 Aug 2012 11:57 PM PDT

ADDIS ABABA (Reuters) - Thousands of Ethiopians descended on the centre of the capital Addis Ababa on Tuesday to mourn Prime Minister Meles Zenawi, their firm-handed ruler of more than two decades, whose body was flown home after his death in a Brussels hospital at 57.

A look at the Spice Girls' updated styles at the Olympics

Posted: 22 Aug 2012 12:08 AM PDT

The Olympics closing ceremony reunited famed girl group the Spice Girls, who inspired many fashion trends among teens and young women in the 90s, including towering platform shoes. MTV Style has revealed details on the band's outfit choices and provided a look at the fashion statements made at their comeback show.

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