BRUSSELS – EU finance ministers backed plans yesterday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid.
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WASHINGTON – Members of the U.S. Congress yesterday threatened Beijing with duties on some of its exports if it fails to revalue its currency, pressuring the Obama administration to label China a currency manipulator.
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WASHINGTON – The new financial reform bill introduced in the U.S. Senate will likely be approved at the committee level next week, but its shape could change substantially once it comes before the full Senate and winning Republican support comes into play, analysts said yesterday.
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BEIJING – China has become more concerned about international tensions over Iran’s nuclear programme, but remains doubtful sanctions can resolve the stand-off, the Chinese foreign minister said yesterday.
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JERUSALEM – Palestinians clashed with Israeli forces in Jerusalem yesterday as the United States, which has slammed Israeli settlement plans as undermining peace efforts, played down strains in its alliance with the Jewish state.
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BANGKOK – Anti-government protesters poured bottles of their own blood outside the Thai prime minister’s office yesterday, a “sacrifice for democracy” after demands for elections were rejected.
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JOHANNESBURG – South Africa President Jacob Zuma has suggested he would not turn down a nomination to lead the ruling ANC for a second term.