JNN 24 Dec 2011 : Banks around the world are preparing for the possible collapse of the euro as fears of the European debt crisis increase. Continue reading
Tag Archives: European Union
Sinking European Economies threat to the World Economy
JNN 19 Dec 2011 Nairobi : The International Monetary Fund (IMF) chief Christine Lagarde has warned that the European debt crisis is a risk for “all economies of the world”. Continue reading Italian PM Berlusconi resigns , after Parliament approves Economic austerity Plan
JNN 13 Nov 2011 : Italian Prime Minister Silvio Berlusconi has resigned after 17 years of domination in Italy’s political scene, as thousands of people gathered in center of the capital to celebrate his departure. Continue reading
Greek protesters occupy Key Ministries, against tough austerity measures given by IMF
JNN 29 Sept 2011 : Greek civil servants protesting the government’s austerity measures have occupied several ministries ahead of upcoming talks between the IMF and EU officials. Continue reading EC President warns of huge EU crisis
JNN 28 Sept 2011 : The head of the European Commission warns that the EU could face the “biggest crisis in its history,” amid struggles to contain a sovereign debt crisis that is threatening the euro’s survival. Continue reading Palestinian President Formally Applies for the Statehood to the United Nation
JNN 24 Sept.2011 UNITED NATIONS – Palestine’s dramatic formal application on Friday for United Nations’ full recognition as a member state has already resulted in a date early next week for Security Council consultations and the diplomatic Quartet setting out a framework for negotiations between the Palestinians and Israelis. Continue reading
14 year Old Protesting Shia Boy Martyred by Bahraini Police After Eid ul Fitr Prayers
JNN 31 Aug 2011 Sitra : A young Shia Boy Ali Jawad al Shiekh,14 embraced Martyrdom when he was Protesting Peacefully against the Saudi Patronized Zionist Agent King Hamad Al Khalifa , and the Riot Police fired aiming at him , due to which he sustained fatal injury. And Later he was Pronounced dead in the Hospital. Continue reading
Thousands Protest against the High taxes and Bad Economy in Lisbon , Portugal
JNN 15 July 2011 Lisbon : Thousands of people have taken to the streets in the Portuguese capital to protest austerity measures adopted by Prime Minister Pedro Passos Coelho’s government. Continue reading Middle Eastern & North African Revolution are now encircling step by step Europe
JNN 31 May 2011 : Thousands of protesters in central Madrid have voted to continue their mass sit-in against the government’s economic austerity measures. Continue reading
Protest and Demonstration in Spain on the Egytian Pattern – Europe now taking lead from Egyptian Revolution
JNN 21 May 2011 : Mass protests in Spain against unemployment and tight austerity measures continue for a seventh consecutive day despite a pre-election ban on demonstrations. Continue reading
Moamer Gaddafi still calling the shots , intensified attacks on rebel controlled areas
JNN 09 May 2011 : Moamer Gaddafi’s troops unleashed a salvo of Grad rockets on towns in Libya’s western mountains, and destroyed key fuel supplies in Misrata, aggravating a desperate humanitarian crisis in the besieged city. Continue reading
US & Nato forces dropping Depleted Uranium Bombs on Libyan Population
JNN 13 April 2011 : The Stop the War Coalition says the bombs and missiles that the US-led military alliance has dropped on several Libyan cities contain depleted uranium (DU). Continue reading
EU Discriminate & Deny its 12M Citizens of their Basic Rights
JNN 08 April 2011 : Millions of Roma — the largest European minority group — are being denied equal access to healthcare and other basic living conditions because of discrimination practices from the EU. Continue reading
Portuguese PM Socrates steps down, after Debt crisis and Austerity Package Rejected
JNN 25 Mar 2011 : Portuguese Prime Minister Jose Socrates has stepped down after the parliament voted against the latest package of austerity measures offered by his minority government. Continue reading
Anti Govt. Protest & Riots outside Greek Parliament
JNN 24 Feb 2011 : The Greek police have clashed with anti-austerity protesters near the parliament building in Athens, as the country witnesses its first general strike this year. Continue reading Anti Govt. Protest & Riots outside Greek Parliament
JNN 24 Feb 2011 : The Greek police have clashed with anti-austerity protesters near the parliament building in Athens, as the country witnesses its first general strike this year. Continue reading Britain Makes Profit from non-EU students ,But No incentives No Jobs
JNN 03 Feb 2011 : The British government and universities across the UK are playing double-standards in their policies designed to attract more foreign students. Continue reading Muslim population on high rise in Spain
JNN 31 Jan 2011 : The Muslim population in Spain will grow by 82 percent by 2030 as the number of people converting to Islam has shown an increase over the past seven years, a new survey shows.
According to the survey by the Pew Forum on Religion and Public Life, Muslims currently account for just over 1 million of Spain’s overall population, which is expected to increase to about 1.9 million in the next two decades, a Press TV correspondent reported on Sunday. Continue reading
Iran’s EU exports up despite sanctions
JNN 02 Jan 2011 : Iran’s exports to EU member states rose by 55 percent during the country’s fourth five-year development plan (2005-2010), the Trade Promotion Organization (TPO) of Iran has said.The value of Iran’s exports to EU states reaches from $1.3 billion in the year 1384 (21 March 2005-20 March 2006) to $2.13 in the year 1388, which ended on March 21, 2010, IRNA quoted Reza Tofiqi, an official for the TPO international affairs as saying on Saturday.
He added that the volume of Iran’s non-oil exports to EU states showed a 49 percent increase over the same period.
“Iran’s non-oil exports to the European Union revealed an eight percent boost during the first seven months of the current Iranian calendar year of 1389 (started on March 21, 2010),” the TPO official said.
The UN Security Council imposed a fourth round of US-engineered sanctions resolution on Iran over Western allegations that Tehran is developing a military nuclear program.
Iranian officials refute such allegations and stress that as a member of the International Atomic Energy Agency and a signatory to the Nuclear Non-Proliferation Treaty, the country has a legitimate right to pursue peaceful nuclear technology.
Iran's EU exports up despite sanctions
JNN 02 Jan 2011 : Iran’s exports to EU member states rose by 55 percent during the country’s fourth five-year development plan (2005-2010), the Trade Promotion Organization (TPO) of Iran has said.The value of Iran’s exports to EU states reaches from $1.3 billion in the year 1384 (21 March 2005-20 March 2006) to $2.13 in the year 1388, which ended on March 21, 2010, IRNA quoted Reza Tofiqi, an official for the TPO international affairs as saying on Saturday.
He added that the volume of Iran’s non-oil exports to EU states showed a 49 percent increase over the same period.
“Iran’s non-oil exports to the European Union revealed an eight percent boost during the first seven months of the current Iranian calendar year of 1389 (started on March 21, 2010),” the TPO official said.
The UN Security Council imposed a fourth round of US-engineered sanctions resolution on Iran over Western allegations that Tehran is developing a military nuclear program.
Iranian officials refute such allegations and stress that as a member of the International Atomic Energy Agency and a signatory to the Nuclear Non-Proliferation Treaty, the country has a legitimate right to pursue peaceful nuclear technology.
Heavy snow with Low Economy halts Europe @ Xmas time
JNN 21 Dec 2010 : As more severe weather is forecast across Europe, a bone-chilling blizzard continues to leave thousands of travelers stranded in airports, especially in Britain, while The leaders of several EU countries have urged the President of the European Commission to freeze the EU budget at least for 10 years.
The massive crisis triggered by heavy snowfall, which grounded flights and caused seemingly endless traffic jams in parts of Western Europe, has made travel of any type a gamble.
Heavy snow and thick ice all but closed London’s Heathrow, the world’s busiest international passenger airhub over the weekend.
Britain is among those hardest hit by the Arctic conditions, with major disruptions in rail and highway travel.
Authorities canceled about 300 flights at Germany’s main airport at Frankfurt on Monday as they expected more snow.
As the severe weather conditions in Germany continued through Sunday, the airlines were advising their passengers to take the train, while the railways were telling travelers to forget travel altogether for the time being and to stay at home.
German railroads were not the only ones to be affected. Throughout much of Europe, railways were similarly disrupted. Even in southern Sweden, which is used to heavy snow, 100 of 350 train journeys were canceled on Monday.
The Arctic conditions have disrupted travel and shopping plans on the last weekend before Christmas, normally one of the busiest times of the year.
Given Europe’s current struggling economy, the record-breaking blizzard seems to be a harsh blow to the continent’s travel industry at a time when large numbers of Europeans have planned to travel inside or outside the continent.
French President Nicolas Sarkozy, German Chancellor Angela Merkel, Dutch Prime Minister Mark Rutte, Finnish Prime Minister Mari Kiviniemi, and British Prime Minister David Cameron signed a letter to Jose Manuel Barroso urging him to keep EU spending under control.
The letter comes as Europe is struggling with an economic crisis and the aftermath of recession. Cutting the EU budget is considered as an effort to bring down the debts and narrow down budget deficits. The poorer eastern European countries, however, are likely to resist these cuts.
Without doubt the heavy snowfall has also hit Europe’s business system hard on the closing days of 2010 as Christmas shoppers find it difficult to commute in the blizzard.
Euro ‘at stake’ over Irish bailout
JNN 23 Nov 2010 : Germany says the shared European currency is now “at stake” after Ireland accepted an international bailout package to support its debt-ridden economy.German Finance Minister Wolfgang Schaeuble said the euro is in danger of falling after Ireland asked for help from the European Union (EU) and the International Monetary Fund (IMF) to cope with its growing budget deficit and troubled banking system.
Schaeuble added that Berlin should take more responsibility to avoid untold economic and social consequences for its country, the biggest economy in Europe.
He also announced the German government’s plan to cut more than EUR 80 billion (USD 107.5 billion) from its budget over the next four years.
“We have every reason to continue decisively on this path,” he told the Parliament.
According to German magazine Der Spiegel, Chancellor Angela Merkel will face a “tough sell” to the Germans to finance the bailout package for Ireland soon after the Greek bailout.
The German government continues to insist that private investors should contribute to future bailouts after the emergency fund expires in 2013.
Unconfirmed reports say the Irish bailout package could reach more than EUR 90 billion.
Dublin has already infused some EUR 50 billion, which is more than 10 times the EU limit, into its banks to push its deficit to 32 percent, AFP reported.
Violence has erupted in Dublin as police clashed with protesters demonstrating against the bailout measures.
People in Ireland are accusing the government of mishandling the country’s financial crisis.
Dublin is poised to unveil a four-year economic plan that will most likely include harsh austerity measures in exchange for the EU-IMF bailout package.
Euro 'at stake' over Irish bailout
JNN 23 Nov 2010 : Germany says the shared European currency is now “at stake” after Ireland accepted an international bailout package to support its debt-ridden economy.German Finance Minister Wolfgang Schaeuble said the euro is in danger of falling after Ireland asked for help from the European Union (EU) and the International Monetary Fund (IMF) to cope with its growing budget deficit and troubled banking system.
Schaeuble added that Berlin should take more responsibility to avoid untold economic and social consequences for its country, the biggest economy in Europe.
He also announced the German government’s plan to cut more than EUR 80 billion (USD 107.5 billion) from its budget over the next four years.
“We have every reason to continue decisively on this path,” he told the Parliament.
According to German magazine Der Spiegel, Chancellor Angela Merkel will face a “tough sell” to the Germans to finance the bailout package for Ireland soon after the Greek bailout.
The German government continues to insist that private investors should contribute to future bailouts after the emergency fund expires in 2013.
Unconfirmed reports say the Irish bailout package could reach more than EUR 90 billion.
Dublin has already infused some EUR 50 billion, which is more than 10 times the EU limit, into its banks to push its deficit to 32 percent, AFP reported.
Violence has erupted in Dublin as police clashed with protesters demonstrating against the bailout measures.
People in Ireland are accusing the government of mishandling the country’s financial crisis.
Dublin is poised to unveil a four-year economic plan that will most likely include harsh austerity measures in exchange for the EU-IMF bailout package.
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