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NBC’s Engel: Very Possible Iran ‘Gamble’ Could Begin Mideast Arms Race – NewsBusters (blog)

Soon after President Barack Obama announced on Tuesday morning that the government of Iran signed a nuclear arms treaty with the United States and a coalition of allies, Richard Engel — NBC’s chief foreign correspondent – stated on MSNBC’s Morning Joe program that the deal was “a gamble” for the U.S. that “very possibly” could […]

Jewish man who fled the Nazis funds rescue mission for Mideast Christians … – Jerusalem Post Israel News

LONDON – Lord George Weidenfeld, 95, who was brought up by English Christians after he escaped the Holocaust as a Kindertransport refugee just before World War Two, has announced he is helping to rescue some 2,000 Christian refugees from jihadist persecution in both Syria and Iraq. He is doing so, he said, […]

Draghi Dreams of Better Union as Europe Bickers Over Greece – Bloomberg … – Bloomberg

The founding fathers of the European project wanted an “ever-closer” union. Mario Draghi says the immediate goal should be one that’s less imperfect. Attempting to move forward after the political squabbles that almost — again — ended with a rupture in the euro area over Greece, the European Central Bank president is making a plea […]

World stocks uneven as Europe rally on Greece fades – CBS News – CBS News

HONG KONG – World stock markets were uneven Friday as Europe’s rally faded while most Asian indexes advanced, led by a jump in Chinese shares, after strong U.S. earnings. European stocks were mixed in early trading, with France’s CAC 40 up less than 0.1 percent to 5,124.73. Germany’s DAX slipped 0.1 percent to 11,705.67. Britain’s […]

German muscle threatens European solidarity – BBC News – BBC News

German muscle threatens European solidarity – BBC News – BBC News

Greece feels it has been harshly treated This is not the end of the drama for the European Union. Perhaps, the passion play we are witnessing is just the prologue to tragedy. Tragedy, after all, depends upon the blossoming of flaws that undermine an otherwise noble character. In this case, it makes the Europe Union […]

Europe divided along former Iron Curtain over nuclear power : News – STLtoday.com

TEMELIN NUCLEAR PLANT, Czech Republic (AP) — A quarter-century after the collapse of communism, Central Europe faces a new divide: irreconcilable visions of nuclear power that pit nations once on the opposite sides of the Iron Curtain against one another. Germany and Austria, stalwarts of the rich West, have long decided to go strictly nuclear […]

Huawei Says Europe Is ‘Like a Second Home Market’ – Digits – WSJ – Wall Street Journal (blog)

By Archibald Preuschat FRANKFURT–Chinese networking and devices maker Huawei Technologies Co. may be locked out of the U.S. for now, but in Europe it’s on a deal-making frenzy. The Chinese firm has inked 15 deals teaming up with European firms so far this year, almost as many as in all of 2014. The partnerships focus […]

Japan, China Expand Aid to Asia in Fight for Influence – Bloomberg Business – Bloomberg

One of Japanese Prime Minister Shinzo Abe’s foreign policy goals is to team up with other Asian countries threatened by the rise of China. He’s expanding Japan’s aid for big infrastructure projects in Asian nations. In some cases the Japanese government finances these ventures through grants and loans; in others the Asian Development Bank, which […]

Asia shares supported by rising China stocks, dollar edges higher – Reuters

LONDON The dollar headed for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year. European shares steadied on the view that Greece will secure a bailout. The dollar hovered near a seven-week high against a basket of major currencies .DXY, boosted by lower […]

Drone Startups Take Flight in Asia – WSJ – Wall Street Journal

SINGAPORE—Half a dozen men gathered around a workbench in a government building one morning as Tack Wai Wong, an engineering expert clad in a crisp white shirt and gray trousers, took his place at the front of the table. “Once upon a time all of this was military technology,” said Mr. Wong, 50 years old, […]