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Italy Pressurized to Push through the implementation of Reforms

Will this evening Italy come under the renewed pressure to give clarifications about its intentions of implementing economic reforms to reduce its debts. The European commissioner for economic and monetary affairs, a spokesman for Olli Rehn, in a meeting of the eurozone finance ministers said,  this evening would be addressed by Giulio Tremonti , Italy’s finance Read more

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Greek PM Survives through Confidence Vote

Prime Minister George Papandreou, who narrowly won last night’s vote of confidence in the Greek Parliament, said he will begin talks soon on forming a new coalition government. Greece’s embattled Prime Minister, on Saturday began efforts at forming a coalition government to secure broad approval for Greece’s latest international bailout deal and avert financial catastrophe Read more

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Food Voucher Scheme Brings a Ray of Hope to Malnourished People

Hunger and chronic malnutrition are on the rise in Zimbabwe, the UN Office for the Co-ordination of Humanitarian Affairs has said that the condition is really bad. The ministry is working in conjunction with the nutrition cluster of organisations in the country that include UN Children’s Fund, International Organisation for Migration, Goal, World Vision, the Read more

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Perry accused by Bachmann for being behind the Tea Party Ambush

On Friday at the tea party Michele Bachmann’s campaign struck back. At the tea party the affiliated group persuaded the Minnesota congresswoman to end her presidential run. The candidate herself suggested that the rival candidate Rick Perry can be behind the ambush. On the channel CNN’s show ‘The Situation Room’, Bachmann said, “People have told Read more

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End of NATO’s Libyan Military Mission

NATO’s military mission in Libya has finally come to an end. The decision comes after the 15-nation United Nations Security Council unanimously voted to end the mandate that had authorized military action in Libya. NATO allies have hailed the mission a success, with no casualties on their side and few civilian deaths. Cash-strapped governments have Read more

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World will Miss a Great Opportunity of Economic Benefit

According to a population report by the UN lack of education, infrastructure and jobs will result in the wastage of the potential of one generation. The world is facing the danger of missing a great opportunity for the development and the economic growth. A large cohort of young people will find that most of their Read more