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Press wants time to study 'contentious' media plan

Representatives of the British media have said the industry needs time to study a "deeply contentious" plan agreed by MPs for a tough new press regulator, warning the move threatened three centuries of...

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Factbox - Cyprus parliamentary vote unlikely to pass

NICOSIA (Reuters) - Cyprus's parliament is due to discuss later on Tuesday a levy on bank deposits agreed at the weekend as part of a bailout deal to avert an imminent default for the euro zone state....

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No reason to doubt euro zone because of Cyprus case - France

PARIS (Reuters) - France's finance minister played down on Tuesday any broader threat to the euro from Cyprus's dilemma over how to tax bank deposits and seal an international bailout. "There's no...

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Defend environment, society's weakest members, pope tells Mass

VATICAN CITY (Reuters) - Pope Francis on Tuesday issued a strong appeal for the protection of the environment and the defence of the weakest members of society, urging the world to shun, "the omens of...

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Iraq cabinet postpones provincial elections over security - statement

BAGHDAD (Reuters) - Iraq's cabinet on Tuesday decided to postpone provincial elections set for April 20 by up to six months because of the security situation, a cabinet statement said. The statement...

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Press scheme 'will work and endure'

David Cameron has said he is convinced a new press regulator will "work and endure" as newspapers considered whether to sign up to the royal charter.

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Cypriot draft bill drops levy on deposits below 20,000 euros

NICOSIA (Reuters) - Cyprus's revised draft bill for a levy on bank deposits scraps the measure for savings under 20,000 euros but does not compensate for the resulting lost revenue by raising it for...

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Cypriot bank levy would lead to deposit outflows - central bank chief

NICOSIA (Reuters) - Cypriot banks stand to lose more than 10 percent of their deposit base within a matter of days if a levy on bank deposits is imposed, its central banker said on Tuesday. "If the...

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Syria accuses rebels of using chemical weapons

BEIRUT (Reuters) - Syria's state news agency accused rebels on Tuesday of using chemical weapons in an attack in the northern province of Aleppo which it said killed 15 people. "Terrorists fired a...

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Childcare: Coalition's helping hand to rich parents

The coalition is trumpeting its childcare support package, but campaigners have expressed bafflement that couples with a joint income of £299,999 will benefit.

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IMF's Lagarde urges governments to push ahead with banking reforms

FRANKFURT (Reuters) - International Monetary Fund chief Christine Lagarde called on Tuesday for governments to shore up or wind down weak banks and push ahead with financial regulation reform to help...

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Childcare 'the issue' for families

David Cameron has said childcare is "the issue" for families as ministers announced a major expansion of government support which could benefit more than two million working families.

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Outgoing BOJ head warns no quick fix to Japan's deflation

By Leika Kihara TOKYO (Reuters) - Outgoing Bank of Japan Governor Masaaki Shirakawa warned on Tuesday there is no quick way to fix an economy that has suffered 15 years of deflation and that aggressive...

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Cyprus parliament ready to veto deposit tax

By Michele Kambas and Karolina Tagaris NICOSIA (Reuters) - Cyprus's parliament was set to reject a divisive tax on bank deposits in a vote scheduled for Tuesday, a government spokesman said, a move...

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Pope calls for defence of weakest in inaugural Mass

By Philip Pullella and Catherine Hornby VATICAN CITY (Reuters) - Pope Francis inaugurated his papacy on Tuesday with an address calling for the defence of the weakest in society and of the environment,...

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Al Qaeda in Africa says it beheads French hostage - agency

By Laurent Prieur NOUAKCHOTT (Reuters) - Al Qaeda's wing in north Africa said it had beheaded a French hostage in retaliation for France's intervention in Mali, Mauritania's ANI news agency reported on...

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U.S. Fed to stick to stimulus as Cyprus rekindles global risks

By Pedro Nicolaci da Costa WASHINGTON (Reuters) - The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the...

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Seoul says ready to talk to North on resuming resort tours

SEOUL (Reuters) - South Korea is ready to talk to Pyongyang about resuming tours to the Mount Kumgang resort in North Korea if the safety of travellers can be guaranteed, an official said on Wednesday....

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Cubans on the move as new real estate market grows

By Jeff Franks HAVANA (Reuters) - At an informal housing market on Havana's historic Paseo del Prado, Renaldo Belen puts the hard sell on a prospective buyer under a tree hung with hand-lettered signs...

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Insight - In heartland, Obama's move against jet loophole hits turbulence

By Andy Sullivan WICHITA, Kansas (Reuters) - First came the recession, throwing thousands out of work. Then came the drought, choking crops and draining reservoirs. Then came the president, arguing...

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