
The Italian government is to free up to €30 billion ($38.25 billion) to make overdue payments to businesses that have supplied goods or services to state institutions. Publ.Date : 2012-05-22T12:12:30Z
TOKYO (Reuters) - Japan's main opposition party appeared to offer a compromise after months of stalemate over a proposed sales tax hike, with a senior official saying it could cooperate with the government on the tax plan if it dropped its costly welfare spending pledges. Prime Minister Yoshihiko Noda needs the support of the opposition, which controls the upper house of parliament, to push through his plan to double the 5 percent sales tax by 2015, seen as a first step in efforts to curb Japan's snowballing public debt. ... Publ.Date : 2012-05-22T12:33:40Z
CAIRO (Reuters) - An Egyptian court sentenced five policemen on Tuesday to 10 years each in prison for their role in killing protesters in the uprising that toppled Hosni Mubarak, the first such convictions against a force that was blamed for hundreds of deaths. One of the driving forces behind demonstrations that have erupted since Mubarak was ousted in February last year has been anger that no officials or police have been held accountable for the deaths of more than 850 people during the uprising. ... Publ.Date : 2012-05-22T12:05:32Z
Facebook was supposed to soar. Instead, it plunged. Publ.Date : 2012-05-22T12:16:23Z
(Reuters) - ATLANTA - When he entered the race for the Republican presidential nomination in May 2011, Newt Gingrich was the prosperous head of a small empire commonly known as Newt Inc, which included both for-profit consultancies and nonprofit foundations. Altogether, these entwined ventures pulled in more than $110 million over the past decade. Now the vestiges of this empire are mired in debt, as is Gingrich's campaign fund. ... Publ.Date : 2012-05-22T12:08:48Z
The Italian government is to free up to €30 billion ($38.25 billion) to make overdue payments to businesses that have supplied goods or services to state institutions. Publ.Date : 2012-05-22T12:30:46Z
Italian Premier Mario Monti has promised to help small businesses, especially factories and farms, in northern Italy that are hurting after an earthquake. Publ.Date : 2012-05-22T12:23:07Z
The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy. Publ.Date : 2012-05-22T12:16:53Z
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