BREAKING NEWS

2008-12-12

Europe

Schengen accords take effect in Switzerland

The free circulation of people but not necessarily of goods will now be the norm in Switzerland. The Alpine nation has always had strict limits on

The free circulation of people but not necessarily of goods will now be the norm in Switzerland. The Alpine nation has always had strict limits on

News

European Union "overregulated" says new EU President Mirek Topolanek

Mirek Topolanek is the current Czech prime minister, and he takes over the six-month EU presidency on January 1st, 2009. For the first time leading

Mirek Topolanek is the current Czech prime minister, and he takes over the six-month EU presidency on January 1st, 2009. For the first time leading

News

Cyprus mourns former president Papadopoulos

Cyprus is to observe three days of mourning following the death of its former President Tassas Papadopoulos. A heavy smoker, he had been battling

Cyprus is to observe three days of mourning following the death of its former President Tassas Papadopoulos. A heavy smoker, he had been battling

Europe

Greens say climate pact up in smoke

Some politicians boast the EU now has unrivalled credibility in environmental policy. Others say the bloc has betrayed its ambitions. World talks on

Some politicians boast the EU now has unrivalled credibility in environmental policy. Others say the bloc has betrayed its ambitions. World talks on

Business

Huge Wall Street fraud alleged

The former chairman of the Nasdaq Stock Market has been arrested and charged with what is perhaps the biggest-ever Wall Street fraud. Bernard Madoff

The former chairman of the Nasdaq Stock Market has been arrested and charged with what is perhaps the biggest-ever Wall Street fraud. Bernard Madoff

Business

Another grim Friday for stocks

European shares ended Friday’s session down 2.5 percent. The indexes were worst hit by banks: they tumbled on renewed fears about big losses in that

European shares ended Friday’s session down 2.5 percent. The indexes were worst hit by banks: they tumbled on renewed fears about big losses in that

Business

Alcatel-Lucent still chasing profits

Trying desperately to become profitable, the telecommunications equipment maker Alcatel-Lucent is to further cut costs including getting rid of

Trying desperately to become profitable, the telecommunications equipment maker Alcatel-Lucent is to further cut costs including getting rid of

News

Motown waits to discover its fate

A setback in Congress for the bailout moves of the US carmakers has raised fears of an industry collapse that would jeopardise millions of jobs and

A setback in Congress for the bailout moves of the US carmakers has raised fears of an industry collapse that would jeopardise millions of jobs and

Business

HBOS reveals debt worsening

More bad news from Britain’s Halifax Bank of Scotland. Britain’s biggest mortgage lender says bad debts and other charges jumped by two thirds in the

More bad news from Britain’s Halifax Bank of Scotland. Britain’s biggest mortgage lender says bad debts and other charges jumped by two thirds in the

Business

More cuts at Bank of America

Bank of America has announced plans to slash as many as 35,000 jobs over the next three years as it wraps up its takeover of Merrill Lynch. The bank

Bank of America has announced plans to slash as many as 35,000 jobs over the next three years as it wraps up its takeover of Merrill Lynch. The bank

News

Heckler disturbs Russian President's speech

Russian president Dmitry Medvedev has suffered a rare interruption during a speech at the Kremlin to mark the 15th anniversary of the constitution

Russian president Dmitry Medvedev has suffered a rare interruption during a speech at the Kremlin to mark the 15th anniversary of the constitution

Europe

Schengen member Switzerland opens up borders

The border patrol in Switzerland is still hard at work but it is no longer business as usual with major changes in force from today. Routine passport

The border patrol in Switzerland is still hard at work but it is no longer business as usual with major changes in force from today. Routine passport

News

America's big 3 wait on White House

America’s car makers are pinning their hopes on President Bush in a last ditch attempt to save them from collapse. The White House says it is mulling

America’s car makers are pinning their hopes on President Bush in a last ditch attempt to save them from collapse. The White House says it is mulling

Europe

Breaking down the barriers to EU money

There are moves in Brussels to make it easier for small communities to get their hands on European money. The EU has decided to cut through the

There are moves in Brussels to make it easier for small communities to get their hands on European money. The EU has decided to cut through the

News

Rome braces for River Tiber to overflow

Rome is on flood alert amid fears its famous Tiber river could be about to burst its banks, after days of rain and thunderstorms. The smaller Aniene

Rome is on flood alert amid fears its famous Tiber river could be about to burst its banks, after days of rain and thunderstorms. The smaller Aniene

Europe

EU leaders move on climate, recession and Lisbon

Europe has proudly adopted the strictest rules in the world to reduce carbon emissions and get smart with energy. Although green groups were

Europe has proudly adopted the strictest rules in the world to reduce carbon emissions and get smart with energy. Although green groups were

Culture

Carrey says "yes" to bungee stunt

Jim Carrey arrived at London’s Leicester Square in a double decker bus for the European premiere of Yes Man, a film based on British writer Danny

Jim Carrey arrived at London’s Leicester Square in a double decker bus for the European premiere of Yes Man, a film based on British writer Danny

Culture

MGMT live up to hype

MGMT entered 2008 as a band to watch. At the end of the year it looks like the New York-based electro art rockers have not only lived up to the hype

MGMT entered 2008 as a band to watch. At the end of the year it looks like the New York-based electro art rockers have not only lived up to the hype

News

Fresh clashes in Athens

Athens has seen its seventh day of rioting. Despite a night of relative calm across Greece, fresh violence broke out after a peaceful demonstration

Athens has seen its seventh day of rioting. Despite a night of relative calm across Greece, fresh violence broke out after a peaceful demonstration

News

Greek shop owners count cost of riots

Greek shop owners are counting their losses after nearly a week of riots in the capital Athens and the rest of the country. The violence has

Greek shop owners are counting their losses after nearly a week of riots in the capital Athens and the rest of the country. The violence has

News

Portugal's Oliveira - still making films at 100!

What better way for the grand old man of cinema to celebrate his 100th birthday than by shooting his latest film. Honoured for his lifetime

What better way for the grand old man of cinema to celebrate his 100th birthday than by shooting his latest film. Honoured for his lifetime

News

Former Cypriot President Papadopoulos dies

Tassos Papadopoulos, the former President of Cyprus, has died at the age of 74. The veteran politician, a heavy smoker, had been suffering from

Tassos Papadopoulos, the former President of Cyprus, has died at the age of 74. The veteran politician, a heavy smoker, had been suffering from

News

Swiss scrap routine passport checks at land borders

Routine passport controls have become a thing of the past for most travellers entering Switzerland by land. The Alpine nation has become the 25th

Routine passport controls have become a thing of the past for most travellers entering Switzerland by land. The Alpine nation has become the 25th

News

US Senate fails to agree on auto industry bailout

A last-ditch attempt to reach a deal on a relief package for the ailing auto industry has collapsed in the US Senate.   Discussions stalled over a

A last-ditch attempt to reach a deal on a relief package for the ailing auto industry has collapsed in the US Senate.   Discussions stalled over a

News

Deals said to be close in Brussels

European Union members are said to be edging closer to a deal on ways to tackle climate change and stimulate their economies. The bloc’s leaders

European Union members are said to be edging closer to a deal on ways to tackle climate change and stimulate their economies. The bloc’s leaders

News

Was EU summit target of terrorists?

The question on the minds of many at the EU summit in Brussels is whether leaders might have been the target of a would-be suicide bomber. Belgian

The question on the minds of many at the EU summit in Brussels is whether leaders might have been the target of a would-be suicide bomber. Belgian

News

Woolworths winds down with sale of the century

Is it a last shopping frenzy before the tills fall silent? As Woolworths, the failed British high street retailier, prepares to close down, people

Is it a last shopping frenzy before the tills fall silent? As Woolworths, the failed British high street retailier, prepares to close down, people