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(MENAFN - AFP) Tens of thousands of people took to the streets in Madrid on Saturday in support of new anti-austerity party Podemos, a week after Greece elected its hard-left ally Syriza.

With the party topping opinion polls in the run up to elections later this year, protesters chanted "Yes we can!" as they made their way from Madrid city hall to the central Puerta del Sol ...

 
(MENAFN - AFP) Greece's new government began a search for European allies Saturday in its bid to renegotiate its loans and end austerity, but German Chancellor Angela Merkel once again ruled out debt relief for Athens.

Radical Prime Minister Alexis Tsipras and his maverick Finance Minister Yanis Varoufakis are reaching out to France and Italy, whose centre-left governments ...

 
(MENAFN - AFP) Call it rum and cigar diplomacy: The few Americans allowed to visit Cuba are eager to finally legally bring home the communist island's once forbidden fruits.

While Washington and Havana seek to normalize ties, US President Barack Obama added rum and cigars to the diplomatic mix in January by allowing Americans to fly back with $100 worth of Cuban tobacco and ...

 
(MENAFN - AFP) Russia's economy minister on Saturday said GDP is expected to shrink by three percent in 2015 with oil prices at $50 a barrel, while capital flight is estimated to be $115 billion.

The government previously predicted the contraction at 0.8 percent. Inflation predictions have also been revised for the current year from 7.5 percent to 12 percent, minister Alexei ...

 
(MENAFN - AFP) China's housing prices rose in January for the first time in nine months, a survey showed Saturday, breaking a decline that has weighed on growth in the world's second-largest economy.

The average price of a new home in China's 100 major cities rose 0.21 percent from December to 10,564 yuan ($1,690) per square metre, according to the independent China Index ...

 
(MENAFN - AFP) Tens of thousands of people took to the streets in Madrid on Saturday in support of new anti-austerity party Podemos, a week after Greece elected its hard-left ally Syriza.

The protesters chanted "Yes we can!" as they made their way from Madrid city hall to the central Puerta del Sol square. The party and its anti-austerity message have been surging in polls ...

 
(MENAFN - AFP) Greece's radical new government on Saturday began a search for European allies for its anti-austerity agenda, but German Chancellor Angela Merkel once again ruled out debt relief for Athens.

Prime Minister Alexis Tsipras and his maverick Finance Minister Yanis Varoufakis are reaching out to France and Italy, whose centre-left governments are most likely to ...

 
(MENAFN - AFP) A British company's plan to unleash hordes of genetically modified mosquitoes in Florida to reduce the threat of dengue fever and other diseases has sparked an outcry from fearful residents.

As of Friday, more than 145,000 people had signed a petition at change.org urging regulators to "say no" to allowing the tourist-friendly fishing and diving haven to become ...

 
(MENAFN - AFP) Greek Finance Minister Yanis Varoufakis has moved forward to Saturday a planned trip to Paris that launches the new anti-austerity government's search for EU allies, his office said.

"The minister will travel to Paris on Saturday instead of Monday," a spokesman told AFP, adding that Varoufakis was expected to hold meetings on Sunday.

Varoufakis, a maverick ...

 
(MENAFN - AFP) China Minsheng Bank said Saturday that its operations were "normal" following reports that its president had been taken away to aid in a corruption investigation.

In a statement, a Minsheng spokesperson told the official Xinhua news agency that the bank's president, Mao Xiaofeng, was dealing with a "personal" issue.

"China Minsheng Bank has noticed reports ...

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