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Total Items: 18077 Current Page: 1 Feed Date: 02/05/2012
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Euro zone insists no Greek rescue without reforms (Reuters)
Reuters - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.
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Oil prices rise after drop in US hiring expands (AP)

A fire burns on a gas pipeline in the Massaeed area west of the Mediterranean coastal town of al-Arish, North of Sinai, February 5, 2012. An explosion hit the gas pipeline running from Egypt to Israel on Sunday, witnesses and state television reported. The pipeline, which also supplies gas to Jordan, has come under attack at least 12 times since Egyptian resident Hosni Mubarak was toppled in 2011. REUTERS/Stringer (EGYPT - Tags: ENERGY TPX IMAGES OF THE DAY POLITICS CIVIL UNREST)AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.



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Greece on "knife edge" in last hours to agree bailout (Reuters)
Reuters - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro ($171 billion) rescue, after his finance minister said just hours remain before the euro zone abandons the country to its fate.
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France says Greek PSI talks going "relatively well" (Reuters)
Reuters - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult.
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Most Germans want Greece to quit euro: poll (Reuters)
Reuters - The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday.
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Nigeria oil line on fire; militants claim attack (AP)

Supporters of Maj. Hamza Al-Mustapha carry placards during his court verdict in Lagos, Nigeria, Monday, Jan. 30, 2012. A judge in Nigeria has sentenced a former dictator's right-hand man to death over the killing of a politician's wife. Judge Mojisola Dada at Lagos' High Court on Monday ruled that Maj. Al-Mustapha should be hanged. He was accused of orchestrating the 1996 machine-gun killing of the wife of Moshood Abiola, a flamboyant businessman widely believed to be have won an annulled 1993 presidential election. (AP Photo/Sunday Alamba)AP - An oil pipeline run by a subsidiary of Italian oil firm Eni SpA has ruptured and caught fire in Nigeria as a militant group claimed responsibility for an attack.



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Iran raid likely to drag in U.S. and hurt global economy (Reuters)
Reuters - An Israeli raid on Iran's nuclear facilities would deliver a painful shock to the global economy, revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not.
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Wen says China has stake in helping Europe (Reuters)
Reuters - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters.
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Attackers blow up gas pipeline in Egypt's Sinai (AP)
AP - An Egyptian security official says attackers have set off explosives along a gas pipeline in the country's Sinai peninsula, halting exports to neighboring Israel and Jordan.
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Olympus to hold shareholder meeting on April 20 (Reuters)
Reuters - Japan's troubled Olympus Corp said on Sunday it will hold an extraordinary shareholders meeting on April 20, when it is expected to seek approval of a new management team.
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