UN General Assembly has adopted a resolution aimed at protecting the right to privacy of internet users. The resolution was introduced by Brazil and Germany after allegations that the US had been eavesdropping on foreign leaders, including Brazil's Dilma Rousseff and Germany's Angela Merkel.
Euro-zone finance ministers have agreed on a long-awaited pact on how to deal with failing banks in the region. It aims to create a 55bn euro fund - financed by the banking industry, over the next 10 years. The fund would be backed by a new agency, which will decide on how to deal with failing banks.
Germany’s main center-left party cleared the way for Angela Merkel to start her third term as chancellor on Tuesday, announcing that its members had voted by a large majority to join the conservative leader in government. The ballot of the Social Democrats’ nearly 475,000 members capped post-World War II Germany’s longest effort to form a government.
The UK is supporting and helping finance the development of a 20 million-dollar small scale renewable energy project in Chile. The project will be financed from the joint UK-Germany NAMA (Nationally Appropriate Mitigation Action) Facility and Chile's is only one in four of 47 projects worldwide that applied for this funding and reflects the quality of the Chilean application.
Mercosur must have greater integration, act with an only voice and operate as a block, advised former French president Nicholas Sarkozy at a business conference in Buenos Aires, where he also underlined that without the European Union, France or Germany could have disappeared from the world map
Chancellor Angela Merkel's conservatives and the center-left Social Democrats (SPD) clinched a coalition deal early Wednesday that puts Germany on track to have a new government in place by Christmas.
Germany and Brazil circulated a draft resolution to a U.N. General Assembly committee on Friday that calls for an end to excessive electronic surveillance, data collection and other gross invasions of privacy. The draft resolution does not name any specific countries, although U.N. diplomats said it was clearly aimed at the United States, which has been embarrassed by revelations of a massive international surveillance program from a former US contractor.
German Chancellor Angela Merkel demanded that the United States strike a no-spying agreement with Berlin and Paris by the end of the year, saying alleged espionage against two of Washington's closest EU allies had to be stopped.
The United States monitored the phone conversations of 35 world leaders according to classified documents leaked by fugitive whistleblower Edward Snowden, Britain's Guardian newspaper said.
Southern Europeans are facing four more years of ‘mutti’ (Mom) Angela Merkel — whether they like it or not. Majorities of 82% in Spain, 65% in Portugal and 58% in Italy repudiate the German leader’s handling of the Euro area’s debt crisis, blaming her for drastic cuts in social services, recession and record unemployment, according to a German Marshall Fund poll released last week.