In Egypt turmoil, start-up firms find ways to flourish
CAIRO (Reuters) – Egypt’s revolutions have been kind to Ahmed El-Kerdany. The young entrepreneur has raised millions of dollars of funding and kept his business growing through the country’s worst political and economic turmoil in decades.
China cracks down on building projects in anti-graft move
BEIJING (Reuters) – China on Tuesday ordered a five-year suspension of the construction of new official buildings, state media reported, in the latest move by President Xi Jinping to crack down on extravagance and pervasive corruption.
Al Qaeda militants flee Iraq jail in violent mass break-out
BAGHDAD/MOSUL, Iraq (Reuters) – Hundreds of convicts, including senior members of al Qaeda, broke out of Iraq’s Abu Ghraib jail as comrades launched a military-style assault to free them, authorities said on Monday.
Spain’s Rajoy to address corruption case in parliament on August 1
MADRID (Reuters) – Spain’s Prime Minister Mariano Rajoy will appear before parliament on August 1 to face questions over a growing corruption scandal in his ruling People’s Party, parliament sources told Reuters on Tuesday.
Myanmar frees 73 political prisoners: government committee member
YANGON (Reuters) – Myanmar’s government is releasing another 73 political prisoners and more could be freed in coming months to honor a commitment made by the president during a recent trip to Europe, a member of a government body looking into the proc…
Exclusive: U.S. congressional hurdles lifted on arming Syrian rebels
WASHINGTON (Reuters) – President Barack Obama will move forward with a plan for the United States to arm the struggling Syrian rebels after some congressional concerns were eased, officials said on Monday.
Iran condemns EU’s blacklisting of Hezbollah
DUBAI (Reuters) – Iran condemned on Tuesday the European Union’s decision to put the armed wing of Lebanese militant group Hezbollah on its terrorism blacklist and said the move was “contrary to all political and legal norms, surprising and unacceptabl…
U.S. Navy offers to help recover bombs from Great Barrier Reef
ABOARD THE USS GEORGE WASHINGTON (Reuters) – The U.S. Navy on Tuesday offered Australia any help it wanted to retrieve four bombs mistakenly dropped inside the World Heritage-listed Great Barrier Reef marine park last week.
Kazakhstan says oligarch’s wife could return to Italy: newspaper
ROME (Reuters) – Kazakhstan will let a dissident oligarch’s wife return to Italy as long as she is returned for trial if necessary, an Italian newspaper reported on Tuesday, the latest twist in a case that has strained relations in Italy’s fragile coal…
Worthless land could prolong Spanish banks’ property woes
MADRID (Reuters) – Spanish banks may have to swallow more losses to shake off the legacy of a property crash, real estate experts warn, as they struggle to sell plots of land that have ended up on their books and which are now worth less than many have…