London: Speculation about an endgame in Greece's protracted crisis has flooded markets with euro exit scenarios this week, but investors reckon there's still every chance that uncertainty will simply drag on for months. Seeking clear-cut outcomes to the euro saga to date has proven fruitless for investors, who have instead been forced to live with the "muddle through" of European politics. And more used to precedent, probabilities and precise numbers,...
11:25 PM, May 16, 2012
Athens: Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits. Greeks have been withdrawing hundreds of millions of euros (dollars) from banks in recent days as the prospect of the country being forced out of the...
06:45 PM, May 16, 2012
Athens: Greece's Parliament approved a deeply unpopular austerity bill Monday to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence spread around the country. Cinemas, cafes, shops and banks were set ablaze in central Athens and black-masked protesters fought riot police outside Parliament before lawmakers voted on the package that demands deep pay, pension and job cuts - the price of a...
07:36 AM, Feb 13, 2012
New Delhi: Labour unions in Greece have called for a strike after the Government said it would cut 15,000 public sector jobs by the end of the year. Greece is under pressure from its eurozone partners to accept another round of strict austerity measures in exchange for the $171 billion bailout loan that was promised in October. German Chancellor Angela Merkel told Greece on Monday to make up its mind...
10:20 AM, Feb 07, 2012
Athens: Clouds of tear gas choked central Athens as rival demonstrators fought with stones and firebombs outside parliament on Thursday, leaving one man dead and dozens injured. Inside, the Socialist government grappled with dissent over the deeply unpopular new cutbacks demanded by creditors to keep the country afloat. Greece has been kept solvent only by international bailout loans from the International Monetary Fund and other eurozone nations since May of...
03:29 AM, Oct 21, 2011
Milan: Protestors worldwide geared up for a cry of rage on Saturday against bankers, financiers and politicians they accuse of ruining global economies and condemning millions to poverty and hardship through greed. Galvanised by the past month's Occupy Wall Street movement, they plan to take to the streets from New Zealand to Alaska in cities from London, Frankfurt to New York itself. Riot police prepared for any trouble - cities...
11:22 AM, Oct 15, 2011
Athens: Debt-saddled Greece moved closer to getting the vital bailout funds it needs to avoid a disastrous default after persuading international debt inspectors to return to Athens and resume reviewing its austerity program. The euro jumped on the news, trading up 0.7 percent at USD 1.370. The common currency and global stocks had been up for most of the day amid growing expectations that Greece will get the next euro8...
02:16 PM, Sep 21, 2011
Athens: A general strike disrupted services across Greece and riots erupted once more outside Parliament as demonstrators protested more taxes and spending cuts essential for the country to receive critical bailout funds that will prevent a potentially disastrous default. Inside Parliament, lawmakers debated on Tuesday new austerity measures which must be passed on Wednesday and Thursday if Greece's international creditors are to release the next 12 billion batch of the...
09:33 AM, Jun 29, 2011
Athens, Greece: Greece's prime minister, struggling to ensure Parliamentary approval for a crucial austerity bill, said on Wednesday he would reshuffle his Cabinet and seek a vote of confidence for his new government this week, after coalition talks with opposition parties failed. George Papandreou has been struggling to contain an internal party revolt over the new austerity package that is the main condition for continued funding from an international bailout...
02:09 AM, Jun 16, 2011
Athens: A Cypriot monk caught at a Greek airport with the skeletal remains of a nun in his baggage on the weekend told authorities he was taking the relics of a saint back to his monastery. The 56-year-old Cypriot was detained at Athens airport after security staff discovered a skull wrapped in cloth and skeletal remains in a sheet inside his baggage. "They maintained it was a woman who was...
10:22 AM, Jan 19, 2011
Athens: Delhi Commonwealth Games organisers have misjudged the size of the task of hosting a massive multi-sport event, an Athens 2004 Olympics official said on Friday. Given seven years to prepare for an event smaller than the summer Olympics, organisers have been embarrassed by complaints of filthy accommodation, shoddy construction and security fears in the lead-up to the October 3-14 Games in the Indian capital. "It seems they took over...
05:16 PM, Sep 24, 2010
Police say the victims were Afghan immigrants. ...
12:04 PM, Mar 29, 2010
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
