The euro has dropped to its lowest rate against the dollar in 16 months after France sold 8bn euros ($10.3bn, £6.6bn) of bonds at an auction. The euro fell to $1.2831 against the dollar and was at an 11-year low versus the yen. France paid an interest rate of 3.29% to borrow for 10 years,...
Ministry of Finance and Economics of Adjara has summed up its work in 2011. According to the annual report, 149 million dollar investment was made in the region last year, 65 million of which was invested in the development of tourism and 47 million - for the development of industrial sector. The government...
The Medical Activities Regulation Agency of Georgia's Healthcare Ministry will begin probing into case of 6-months-old child's death. Child died at the Lanchkhuti Hospital. It will become later whether the doctors of the hospital will be held responsible or if any sanctions will be imposed...
Former Greek Prime Minister George Papandreou has told his Socialist party that he will not seek re-election as its leader, according to the state TV network NET. Papandreou, who led his country's government as Greece slipped into its crippling economic crisis, stepped down as prime minister in...
Spider-Man: Turn Off the Dark, written by U2's Bono and The Edge, has taken the highest single-week takings of any show in Broadway history. The musical, which was plagued with problems from its inception, took $2.9m (£1.8m) over nine performances last week, according to The Broadway League. The...
A series of bombings in Baghdad left 24 dead and dozens wounded Thursday, intensifying fears of an increase in sectarian violence in the midst of a political crisis. A triple bombing in Baghdad's Sadr City area Thursday morning killed at least nine people and wounded 35 others, an official with...
Protest leader Sergei Udaltsov, whose jailing became a rallying point for the Russian opposition, was freed Wednesday after a month in custody. A crowd of about 100 supporters cheered as he stepped out onto a dark and snowy Moscow street, - Associated Press reported. The 34-year-old leftist has been...
One person died and three were gravely injured in a road accident that occurred on Khimshiashvili Street, Batumi last night. Driver of one vehicle that crashed into another, Vitali Isakia died three hours after he was transferred to hospital. The injured passengers were urgently operated on. Doctors...
Prison psychiatrists monitoring confessed mass killer Anders Behring Breivik say he is not psychotic and he has not been put on medication. The experts have sent a corresponding report to a prosecutor. The original finding by two court-appointed psychiatrists has been fiercely debated by mental health...
The Chief Doctors of the Batumi Emergency has been arrested, though no reasons of the detention have been reported so far by the police. Neither have the staff of the emergency service commented on possible version of the crime he might have committed. Rumors say the Chamber of Control was monitoring...
EU member states have agreed in principle to ban imports of Iranian crude oil to put pressure on the country over its nuclear programme. The move is expected to be announced formally at an EU foreign ministers' meeting at the end of January. The US, which recently imposed fresh sanctions...
A landslide in a remote area of the southern Philippines has killed 25 people and left more than 100 missing, the governor of the local province said Thursday. It is the latest natural disaster to strike the island of Mindanao after a tropical storm killed more than 1,200 people there last month. The...
President Saakashvili said on January 4 he was "really interested in holding clean" parliamentary elections in October. "This is a very important year, because a very serious election, parliamentary election, will be held," he said in televised remarks while meeting with chairman...
German President Christian Wulff, an ally of Chancellor Angela Merkel, faced resignation calls on Tuesday over a home loan scandal and allegations he tried to hush up the story. Mr Wulff, 52, has been hit by accusations that he intervened to try to stop revelations by the mass circulation newspaper...
Czech author Josef Skvorecky, who took a stand against communist authorities in his native country by publishing banned works, has died aged 87. His wife Zdena Salivarova told the Czech CTK news agency that he passed away on Tuesday in Toronto, Canada. The writer fled there after the 1968 Soviet-led...
