European shares slump again

European shares finished sharply down on Wednesday. It was the sixth session in a row that they were lower. London lost almost five percent and


Confusion over Gaza ceasefire

Confusion surrounds information that Hamas has accepted an Egyptian proposal for a ceasefire in Gaza. Initial reports that the armed group had


Czechs present EU 6-month plan

The European Union’s presiding nation, the Czech Republic, has sketched out its programme for the first half of this year, naming energy security as


Bin Laden tape calls for jihad

An audio tape purported to be a recording of Osama bin Laden is calling for a jihad or a holy war over the conflict in Gaza. “The call is for


Czech hoax art raises offence

Czech sculptor David Cerny has seriously upset national sensitivities in Europe with a hoax artwork hung in Brussels and commissioned to mark the


Gloomy economic news in Germany

A day after Germany launched a new economic stimulus package, gloomy financial data has confirmed the country’s malaise. Germany’s largest bank


More rockets fired from Lebanon

Three rockets fired from Lebanon have hit northern Israel, in the second such attack since Israeli forces launched their Gaza offensive 19 days ago