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Merkel challenges internal party critics of her refugee policy


كانون الأول 15, 2015 German chancellor Angela Merkel challenged internal party critics of her liberal refugee policy on Monday, warning that cowards and pessimists had no place in her Christian Democratic Union (CDU). In a barnstorming party conference speech, which received a 10-minute standing ovation, the CDU leader conceded the refugee ...

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Asia stocks surge as fallout from Paris attacks recedes

Asia stocks

تشرين الثاني 17, 2015 TOKYO- Asian stocks rose across the board on Tuesday following a surge on Wall Street overnight as investors clawed back losses that came on the back of last week’s Paris attacks. Meanwhile, expectations for a December rate hike by the Federal Reserve also kept the dollar on ...

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EU plans €1.8bn fund for Africa to halt flow of migrants


تشرين الثاني 12, 2015 The European Union will announce a €1.8 billion emergency fund for Africa on Thursday in a bid to halt the flow of refugees entering the EU illegally, although leaders will stop short of establishing processing centres in Africa to register people before they leave the EU. Ireland ...

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Volkswagen admission suggests cheats went much further than emissions


تشرين الثاني 04, 2015 The crisis at Volkswagen has deepened after the carmaker found “irregularities” in the carbon dioxide levels emitted by 800,000 of its cars. An internal investigation into the diesel emissions scandal has discovered that CO2 and fuel consumption were also “set too low during the CO2 certification process”, ...

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EU gives Greece €5.9m for transport of refugees from islands


تشرين الأول 27, 2015 The European Commission announced €5.9 million in emergency funding for Greece yesterday, a day after a mini-summit in Brussels agreed on a 17-point plan to deal with the refugee crisis unfolding in the Balkans. The new financing for Greece will be taken from the EU’s Asylum, Migration ...

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Lebanon has 26th highest loan penetration rate in the world


تشرين الأول 19, 2015 Figures issued by the International Monetary Fund show that there were 294.2 borrowers per 1,000 adults at commercial banks in Lebanon at the end of 2014, constituting an increase of 4.8 percent from 280.7 in 2013 and compared to 179.1 in 2005. The borrowers’ penetration rate ranks ...

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Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

avoid taxes

تشرين الأول 07, 2015 The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. The study, by two left-leaning non-profit ...

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