Tag

Greece’s partners in the euro currency are debating whether to give that country billions of dollars in new loans, now that the Greek parliament has passed a package of painful reforms and spending cuts.

Eurogroup chairman Jeroen Djisselbloem said that there were “differences” among foreign ministers of Eurozone, but they “managed to solve the last issues”.

The final vote was 454-113, with 18 politicians choosing to abstain, following concern that Chancellor Angela Merkel could face dissent from conservatives in her ruling bloc.

Some national parliaments, including Germany, still must approve the deal.

The banks are being kept afloat by emergency cash from Europe’s central bank, but urgently need a longer term solution.

If he announces he is a “no” as predicted, he will join New York Sen.

A prominent Democratic senator said on Tuesday he would oppose an agreement on Iran’s nuclear programme in a fresh sign of trouble for President Barack Obama as he seeks to secure support for the deal from lawmakers.

While it is likely that the Bundestag will pass the measures in line with the eurozone and the German cabinet, several lawmakers from Chancellor Angela Merkel’s Christian Democratic Union (CDU) are expected to break ranks and vote against Greece’s third bailout.

The agreement over Iran’s nuclear program is “a deal with the devil” that should be rejected by Congress, Rabbi Richard Block, immediate past president of the Central Conference of American Rabbis, said in an op-ed today in The Hill.

Kerry also warned that the U.S. could lose its military standing in the world should Congress reject the deal and insist its allies concede to U.S. sanctions on Iran. “I’ve decided I must oppose the agreement and will vote yes on a motion of disapproval“. It...

A key Democratic congressman said Friday he is backing the nuclear deal with Iran after President Barack Obama wrote him a personal letter saying the U.S. has options to curb Iran if it violates the agreement. (2) The United States and the worldwide community will now have access...

Additionally, several members of Congress reported late last month that an adviser to French President Francois Hollande had told them that Congressional rejection of the current deal could be the basis of reopening negotiations and getting a better deal.

But the recently revealed side agreement between Iran and the United Nations’ worldwide Atomic Energy Agency that allows Iran to conduct its own inspections of its own Parchin nuclear site, long suspected of being used to develop nuclear arms, makes a strong case that the...

A yes vote from the German parliament is not in doubt, although there have been nagging questions for chancellor Angela Merkel about divisions within her own conservative ranks.

The Obama administration has been locked in a public battle with Congress about the agreement, amid fierce opposition from many Republicans as well as some key Democrats, including Sen.