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Iran minister says sanctions a "lose-lose game"

TEHRAN (Reuters) – Iran’s trade minister said on Monday sanctions were hitting the economy but warned Western countries threatening to tighten the measures that they were harming their own interests. EDITORS’ NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran. REUTERS/Raheb Homavandi In a…

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Spain’s new leaders feel euro zone heat with Greece

MADRID/ATHENS (Reuters) – Spain’s newly-elected leadership must act fast to shore up investor confidence, analysts say, after the Socialist government became the fifth in the euro zone to be toppled by the debt crisis. In Greece, whose financial woes touched off the market nervousness now felt around the world, more political wrangling cast a pall over the new technocrat prime ...

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Suu Kyi to stand in Myanmar by-elections

Aung San Suu Kyi, Myanmar’s most prominent dissident, will run in an upcoming by-election, a senior official in her party said, three days after her National League for Democracy (NLD) ended its boycott of the country’s political system. “Aung San Suu Kyi intends to stand for the by-election but it’s a bit early to say from which constituency she will ...

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Khmer Rouge trio face trial in Cambodia

The brutality of a regime during which about two million Cambodians died will be on display once again on Monday as the Extraordinary Chamber of the Courts of Cambodia (ECCC) starts its second Khmer Rouge trial. The UN-backed court is set to hear opening statements in the case, known as Case 002, against Nuon Chea, deputy to Khmer Rouge leader ...

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Libya pledges ‘fair trial’ for Saif al-Islam

Libya’s prime minister has promised a fair trial for Saif al-Islam Gaddafi, the influential son of former leader Muammar Gaddafi, following his capture in the southern desert town of Obari. In the first official announcement of Saif al-Islam’s capture late on Saturday, Abdurrahim El-Keib said he thought the capture would “turn the page on the phase of revolution”. El-Keib also ...

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‘Inflation to decline from Dec’

Chennai, Nov 19, PTI: Saturday, November 19, 2011 –> Inflation will start declining from December and the Reserve Bank expects it to come down to 7 per cent by the end of the financial year in March, Chief Economic Adviser to Finance Ministry Kaushik Basu said….

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