Five years into the biggest bailout of a debtor in history, Greece is closer to the brink than ever, with time running out to avert a bankruptcy that could destabilize not only the eurozone but the global economy as well.
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Scottish National Party leader Nicola Sturgeon backs Labour leader Ed Miliband for prime minister, but could end up helping David Cameron back into office in Thursday’s U.K. election.
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The British electorate is splintered as a May 7 parliamentary election nears, hurting chances that either Labour or the Conservatives can win a majority.
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Police detained 203 people in annual May Day holiday protests in Istanbul, and two dozen people were injured in clashes, Istanbul Governor Vasip Sahin said.
An Austrian court has ruled not to extradite Ukrainian billionaire Dmytro Firtash to the U.S., where he is facing bribery charges.
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Accusations that Germany’s intelligence service helped the U.S. spy on European allies have ensnared Chancellor Angela Merkel’s government in an espionage controversy.
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The U.S. is investigating whether senior Russian officials took bribes from contractors involved in handling uranium sold to the U.S.
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Eurozone consumer prices stopped falling in April, further easing fears that a slide into deflation could derail the currency area’s fragile economic recovery.
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A retired Siberian journalist’s benchmark “Borscht Index” tracks the rising cost of the soup’s ingredients, making clear the everyday impact of the country’s severe inflation. “The borscht can’t lie,” he says.
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The Bank of Russia cut interest rates for the third time this year and said it was ready to ease monetary policy further in the latest sign that the Russian economy is steadying.
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The FAA temporarily refused to issue a medical certificate to Andreas Lubitz, the co-pilot believed to have deliberately crashed a Germanwings jetliner.
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The Greek finance minister has another confrontation -- in an Athens restaurant.
The European Union's top officials fly to Kiev and the other main scheduled events in the European Union in the week ahead.
The Anglo-Australian miner has a checkered history when it comes to deals.
Most analysts still believe the embattled Greek government will muddle through its negotiations with European creditors and pull back from the brink.
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Spain and Portugal aren’t clamoring for a eurozone capitulation but are among the hardest of hard-liners in demanding Greece respect the conditions of its loan agreements, says Simon Nixon.
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