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Yahoo

Business - Euro zone inflation dips as expected in August


By Martin Santa BRUSSELS (Reuters) - Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, but it was not likely to force the European Central Bank into immediate policy intervention next week, Consumer prices in the 18 countries using the euro rose by just 0.3 percent year-on-year in August, the smallest increase since October 2009, the European Union`s statistics office Eurostat data showed. Inflation, which dropped unexpectedly to 0.4 percent in July, has been locked in what ECB President Mario Draghi called a `danger zone` of below 1 percent since October last year. Vanishing inflation strengthens poses problems for the ECB as it tries to respond to the bloc`s stalled recovery, which is facing additional struggles because of economic sanctions imposed against Russia in July over its involvement in the deepening conflict in Ukraine. Any immediate action coming at the ECB`s Sept. 4 policy meeting is not considered likely, according to ECB sources talking to Reuters earlier this week.


Friday, August 29, 2014  10:26

Yahoo

Business - Disappearing euro zone inflation set to heighten ECB concerns


By Martin Santa and Eva Taylor BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy intervention. Consumer prices in the 18 countries using the euro rose by just 0.3 percent year-on-year in August, the smallest increase since October 2009, the European Union`s statistics office Eurostat reported. Inflation, which dropped unexpectedly to 0.4 percent in July, has been locked in what ECB President Mario Draghi called a `danger zone` of below 1 percent since October last year. Vanishing inflation poses problems for the ECB as it tries to respond to the bloc`s stalled recovery, which is facing additional struggles because of economic sanctions imposed against Russia in July over its involvement in the deepening conflict in Ukraine.


Friday, August 29, 2014  11:06

CNN

Top Stories - Images `show Russian forces`



Friday, August 29, 2014  11:32

CNN

Top Stories - NATO images `show Russia forces`



Friday, August 29, 2014  10:12

Yahoo

Business - Euro zone inflation dips as expected in August as expected


By Martin Santa BRUSSELS (Reuters) - Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, but it was not likely to force the European Central Bank into immediate policy intervention next week, Consumer prices in the 18 countries using the euro rose by just 0.3 percent year-on-year in August, the smallest increase since October 2009, the European Union`s statistics office Eurostat data showed. Inflation, which dropped unexpectedly to 0.4 percent in July, has been locked in what ECB President Mario Draghi called a `danger zone` of below 1 percent since October last year. Vanishing inflation strengthens poses problems for the ECB as it tries to respond to the bloc`s stalled recovery, which is facing additional struggles because of economic sanctions imposed against Russia in July over its involvement in the deepening conflict in Ukraine. Any immediate action coming at the ECB`s Sept. 4 policy meeting is not considered likely, according to ECB sources talking to Reuters earlier this week.


Friday, August 29, 2014  10:12

Yahoo

World - Scotland`s pro-independence campaign gains on final TV debate: poll


Support for Scottish independence has risen by 4 percent after the final TV debate before a breakaway referendum in less than three weeks` time, one opinion poll showed on Friday, halving the anti-independence campaign`s lead. Alex Salmond, the leader of the pro-independence Scottish National Party, was widely judged to have got the better of Alistair Darling, the head of the anti-independence `Better Together` campaign, in the TV debate on Aug. 5. A poll for the Scottish Daily Mail newspaper published on Friday, the first survey since the debate, showed support for the pro-independence side had risen to 47 percent from 43 percent since a similar Survation poll was released on Aug. 9 after the first such TV duel.


Friday, August 29, 2014  08:12

Yahoo

World - EU says Moscow must stop aiding separatists in Ukraine


BRUSSELS (Reuters) - Russia must stop aiding separatists in eastern Ukraine through weapons and personnel and cooperate with efforts to solve the months-long conflict, the European Commission said on Friday. `Recent Russian behavior goes against international standards, principles. Russia needs to show a cooperative attitude and stop its active support of separatists through weapons and personnel,` European Commission spokesman Jonathan Todd told journalists. `The EU`s overall goal is to bring a solution to the crisis in Ukraine,` he added. (Reporting by Martin Santa and Barbara Lewis)


Friday, August 29, 2014  11:46

Yahoo

World - Asia stocks drift, Tokyo steadies after weak data


HONG KONG (AP) — Asian stock markets drifted Friday following Japanese data showing that the region`s second biggest economy is struggling to recover from a sales tax hike. European shares were marginally higher even as a report said eurozone inflation slipped.


Friday, August 29, 2014  11:19

Yahoo

World - Armoured China vehicles cause alarm in Hong Kong


Hong Kong democracy advocates expressed alarm Friday after Chinese army vehicles were photographed travelling down a major thoroughfare, in what they condemned as a show of `military might` ahead of expected protests. The vehicles, with short guns mounted on turrets, were spotted at a time of heightened public discontent in the semi-autonomous city over perceived interference by Beijing and a debate over how the next chief executive will be chosen under planned reforms. Beijing has promised the former British colony will be able to vote for its own leader in 2017. A pro-democracy group, Occupy Central, has pledged to mobilise thousands of protesters to block the financial district if authorities refuse to allow the public to choose candidates.


Friday, August 29, 2014  10:52

NYTimes

Europe - Eurozone Inflation Dips Again to Increase Pressure on E.C.B.


The rise in prices slowed in the currency bloc, official data showed, while unemployment stayed near record-high levels.


Friday, August 29, 2014  10:52

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