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Japan to buy euro debt, Portugal resists bailout
Japan pledged on Tuesday to buy eurozone bonds this month in a show of support for Europe’s struggle with a seething debt crisis.
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Emerging nations taking up baton on China’s yuan
Emerging economies, smarting under rampant currency appreciation, are finally daring to join a chorus of protests against China’s weak yuan.
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Uefa dumps Porto from Champions League
European soccer’s governing body, Uefa, excluded Porto from next season’s Champions League on Wednesday.
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EU to propose immigration steps
The European Union (EU) executive plans to encourage legal migration into Europe to plug labour shortages caused by a declining, ageing population, EU officials said on Thursday. Prime Minister José Sócrates of Portugal, urged support for the proposal, saying it was crucial to meet labour shortages and curb illegal immigration and people trafficking.
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New wonders of the world named after online poll
The Great Wall of China, Petra in Jordan and Brazil’s statue of Christ the Redeemer are among the modern day seven wonders of the world chosen in a poll of 100-million online voters. The other four are Peru’s Machu Picchu, Mexico’s Mayan ruins at Chichen Itza, the Colosseum in Rome and the Taj Mahal in India.
