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Egyptians continued to cast ballots across the country on Thursday as voting in the country’s historic presidential election entered a second day. Twelve candidates are vying to succeed Hosni Mubarak, who was ousted by a popular revolt last year.
(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.
The debate about Greece’s exit from the euro zone is moving from “if” to “how,” and secret contingency planning appears to have begun in case events spin out of control.
ATHENS (Reuters) - Andreas and Emilia Karabalis, who are both 80, feared their bank in Greece would collapse, so they withdrew their 80,000 euros ($100,000) savings and stashed it at home for safety.
BAGHDAD (Reuters) - Talks resumed on Thursday between Iran and world powers about a nuclear programme that the West suspects is aimed at nuclear bomb research. A first day of discussions showed a "fair amount of disagreement" but also areas of common ground, a senior U.S. official said on Wednesday, adding: "I believe we have the beginning of a negotiation." Talks got under wa
Iran appeared to balk at a proposal by six world powers to curb its nuclear program but agreed to keep talking.
Alexis Tsipras, Greece’s rising young political star, found himself shunned by top leaders in both France and Germany.
The move would involve complex legal and financial steps and could set back the economy further, many say.
Greece will bolster banks weakened by losses on their holdings of government debt and the flight of deposits from skittish account holders.
Although some European officials talk of “managing” a Greek exit from the euro, the political and financial costs, and risks of panic and contagion, would represent a fundamental challenge.
NEW YORK (Reuters) - Shorting the Facebook IPO on its first day of trading is not for the faint of heart, but some traders are trying. As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop investors and big institutions alike. That intense appeal means short-sellers are both attracted by the stock's high valuation and wary, at
The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.
After initially rising 11 percent on its first day, the stock closed at $38.23, just above its offering price, in heavy trading.
NEW YORK (Reuters) - Greek winemakers are not pricing their wares in drachmas - yet.
Matt Kuchar took home $1.7 million, the biggest prize in golf, for winning the Players Championship. It lifted him to a career-high fifth in the world rankings, but most importantly his family was there to see it.
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.
The decision by President Karolos Papoulias could set off a series of events that would lead Greece to abandon the euro.

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