Russian news reports say at least four people have been injured by an explosion at a supermarket in St. Petersburg. Russian news agencies quoted St. Petersburg’s branch of the Emergencies Ministry as saying that a device containing 200 grams of explosives went off on Wednesday at a storage area for customers’ bags. No one has […]
Read moreRussian opposition leader Alexei Navalny was barred on Monday from running in next year’s presidential election after officials ruled he was ineligible to take part due to a suspended prison sentence he says was trumped up. The decision by the central election commission was widely expected as election officials had repeatedly declared Navalny would be […]
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Spain's political crisis is 'back to square one' after Catalonia election
The outcome of regional elections in Catalonia Thursday have further complicated a Spanish political crisis, according to analysts, with one predicting that there is a high risk of a new vote taking place next year. Given the fragmentation of the result, the ongoing political process will be “far from straightforward,” said Antonio Barroso, managing director […]
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Europe seen opening lower in shortened session, Catalan separatists win election
European markets are expected to open in the red Friday, pulling back from the previous day’s gains, as investors digest the latest in political and economic news coming from the region. On the bourses front, the U.K.’s FTSE 100 is expected to open 17 points lower at 7,583, while the German DAX is set to […]
Read moreCatalonia’s separatist leader Carles Puigdemont was on track to regain the leadership of Spain’s northeastern region after preliminary results showed a coalition of secessionist parties winning a majority in regional elections. Puigdemont went on self-imposed exile in Brussels in October after conservative Prime Minister Mariano Rajoy sacked his regional government when they organised an illegal […]
Read moreCatalans are going to the polls Thursday with politicians assessing not only their parties’ chances of success but how to rebuild the divided and polarized region after the vote. The vote looks set to be roughly split between pro-independence and unionist parties, but is unlikely to settle Catalan’s independence question, according to Enea Desideri, an […]
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Catalan separatists poised to take regional leadership — and serious challenges lie ahead
Catalonia’s separatist leader Carles Puigdemont looked likely to regain the leadership of Spain’s northeastern region after preliminary results showed secessionist parties taking a majority in regional elections. The results marked a serious rebuke to Spain’s central government and the European Union, likely prolonging a crisis that has hurt the Spanish economy and prompted many companies […]
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European markets set for choppy open as investors digest US tax overhaul
European markets are set to open to mixed trade on Thursday after the U.S. Congress approved an overhaul of the U.S. tax code that will cut corporate tax rates. London’s FTSE is expected to open 9 points higher at 7,526, the German DAX up 20 points at 13,074 and the French CAC down 3 points […]
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France fines Johnson & Johnson about $30 million over painkiller patch
France’s competition authority fined U.S. health-care group Johnson & Johnson 25 million euros ($29.62 million) on Wednesday after it found the company had deliberately slowed market access to generic copies of its painkiller Durogesic. Durogesic is sold as a skin patch to control ongoing moderate to severe pain and is often prescribed in cancer cases. […]
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French prime minister defends his $415,000 private flight from Tokyo to Paris
The French prime minister has defended his decision to charter a private aircraft at a cost of 350,000 euros ($415,000) when a government plane was also available. The office of Edouard Philippe hired an Airbus A340 to fly him and his delegation first class back to Paris from Tokyo, Japan, on December 6. However, it […]
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