The financial volume (of the Greek package) is 130 billion euros and debt-to-GDP (will be) 121 percent. Now it’s down to work on the statement, one official involved in the negotiations told Reuters.Another official confirmed that the financing would total 130 billion euros with the aim of reducing Greece’s debts from around 160 percent of [...]

The comment comes after the Yomiuri newspaper reported that Japan is likely to win an exemption from U.S. sanctions by reducing its imports of Iranian crude oil by at least 11 percent per year.Mutual understanding (between Japan and the United States) has considerably deepened, but we have not reached an agreement just yet, Gemba told [...]

Japan is likely to reduce imports of crude oil from Iran by at least 11 percent per year, the Yomiuri newspaper reported, to earn an exemption from sanctions that could shut Japanese banks out of the United States.The Yomiuri, citing unidentified sources, said Japan and the United States reached an agreement at talks last week, [...]

The former Pennsylvania senator, trying to rally conservative voters and put pressure on Republican rival Mitt Romney, said Obama’s 2010 healthcare overhaul gave couples financial incentives to remain unmarried.Do you realize that if you are married under Obamacare, you pay a lot more than if you are living together under Obamacare? A lot more, Santorum [...]

Tsutomi Omori, 49, who was head of Olympus’s medical equipment business in India, was found hanging from a boundary wall by a gardener in the park, which was part of an apartment complex in Gurgaon, just outside the capital, the daily said.Police have recovered two suicide notes written in Japanese. While one of them was [...]

Demonstrations and clashes with security forces have hit Damascus in the past week, undermining President Bashar al-Assad’s argument that an 11-month uprising has been the work of saboteurs and limited mainly to the provinces.International diplomacy showed no sign of finding a solution, as Western powers and the Arab League prepared a meeting of Friends of [...]

The two countries reached an agreement at talks last week, with a formal deal expected by the end of this month, the report said, citing unnamed sources.The United States, angry over Iran’s nuclear program, wants Japan, to cut back on Iranian imports.Japan is the third-biggest customer for Iranian oil. It needs to import more oil [...]

Agreement on a 130-billion-euro rescue package with strict conditions would draw a line under months of uncertainty that has shaken the currency bloc, and avert an imminent bankruptcy (http://bankruptcy.ieurope.net).After seven hours of talks, senior officials said ministers had found ways to cut Greece’s debt to between 123 and 124 percent of gross domestic product by [...]

Restore Our Future, the independent Super PAC that supports Romney, spent $13. million in January on ads attacking his rivals and still emerged with $16. million in the bank, according to disclosures filed Monday with the Federal Election Commission.The pro-Romney PAC, or political action committee, spent $12. million alone on TV, Internet [...]

Agreement on a 130-billion-euro rescue package on strict conditions would draw a line under months of uncertainty that has shaken the currency bloc, and avert imminent bankrupcty.As the ministers met, officials were struggling to make the numbers add up. EU sources said they had to cut a further 6 billion euros, via various means, to [...]