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The USA and the EU
News about the United States of America and the European Union
- 'Grexit' holds risks for Wall Street, Washington — 24 May 2012, 23:53 CET
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For two years Washington and Wall Street have been bracing for Greece's
eurozone exit, but despite the preparations, fears remain that an "X
factor" could slap around the world's largest economy.
- International monitors to pull out of Bosnia's Brcko — 23 May 2012, 22:57 CET
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International monitors decided Wednesday to pull out of the sensitive
Bosnian town of Brcko, whose neutral status has been a source of
tensions in the ethnically-divided Balkan state.
- Obama hails progress on euro crisis — 20 May 2012, 14:31 CET
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US President Barack Obama hailed progress made in tackling Europe's
economic crisis at the end of a G8 summit on Saturday, noting leaders'
agreement that growth and jobs must be the priority.
- G8 paper over tensions, back Greece in euro — 19 May 2012, 23:56 CET
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G8 leaders expressed their wish to see Greece stay in the eurozone at a Camp David summit Saturday, as the group papered over deep-seated divisions about how best to tackle the eurozone crisis.
- Japan ready to help in euro crisis at G8 talks — 19 May 2012, 12:55 CET
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Japan said Friday that it stood ready to extend help in stemming the
eurozone's debt crisis as the Group of Eight major industrialized
nations opened crisis talks.
- US, France forge growth position heading into G8 — 18 May 2012, 23:30 CET
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The United States and France firmly agreed on the need for strong pro-growth policies to loosen an austerity straitjacket Friday, ahead of a G8 summit darkened by the eurozone crisis.
- Greek euro exit looms as G8 gathers — 18 May 2012, 11:10 CET
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World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward a possible eurozone exit that would hold wildly uncertain repercussions for the global economy.
- Obama to raise 'specific' euro ideas at G8 summit — 17 May 2012, 23:33 CET
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President Barack Obama will raise "specific" actions Europe could take on its debt crisis at the G8 summit starting Friday, as Washington welcomes talk of more growth-oriented policies.
- Geithner lays into advocates of US 'austerity' — 17 May 2012, 15:36 CET
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US Treasury Secretary Timothy Geithner hit out at advocates of austerity
treatment for the US economy, paralleling the attacks on the severe
spending cuts that are pushing Europe's growth lower.
- US urges Ukraine to free former PM, officials — 16 May 2012, 21:51 CET
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The US State Department on Wednesday urged Ukraine to free imprisoned
opposition leaders, including former prime minister Yulia Tymoshenko,
and allow them to run in future elections.
- Clinton 'heartened' by new European stress on growth — 16 May 2012, 18:42 CET
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US Secretary of State Hillary Clinton said she is "heartened" to see
Europe's leaders now searching for a consensus on policies promoting
economic growth and not just austerity.
- Obama, Monti agree to intensify growth, job creation — 16 May 2012, 00:42 CET
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President Barack Obama and Italy's Prime Minister Mario Monti agreed
Tuesday on the need to "intensify" growth and job creation, as
Washington prepared the ground for this week's G8 summit.
- US Treasury chief hails growth debate in Europe — 15 May 2012, 17:23 CET
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US Treasury Secretary Timothy Geithner on Tuesday welcomed the debate stirring in Europe over the need for economic growth, as the eurozone grapples with a public debt crisis and stagnant economic expansion.
- Euro debt woes darken mood for G8 summit — 15 May 2012, 11:38 CET
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Dashed hopes that Europe may be escaping its debt crisis will darken the mood Friday as President Barack Obama welcomes leaders of the G8 rich nations club to a summit at his Camp David retreat.
- US envoy visits jailed ex-PM in Ukraine clinic — 14 May 2012, 18:10 CET
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A US State Department envoy visited Ukraine's jailed ex-premier Yulia
Tymoshenko in hospital on Monday amid mounting Western criticism over
her prosecution and treatment.
- Obama: Europe was not decisive on crisis — 10 May 2012, 23:29 CET
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US President Barack Obama suggested Thursday that Europe was still
struggling with its financial crisis because it did not follow the US
path of trying to stimulate its economy.
- EU official urges leaders to follow Obama on gay marriage — 10 May 2012, 22:04 CET
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More European leaders should take inspiration from US President Barack
Obama and back gay marriage, the European Union's home affairs
commissioner said on Thursday.
- Brazil's Lula slams rich countries and IMF — 04 May 2012, 10:48 CET
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Former Brazilian president Luiz Inacio Lula da Silva on Thursday slammed
rich nations for managing the world crisis by calling for
belt-tightening by the poor while benefiting themselves from the
financial system.
- Clinton jabs 'jerry-rigged' EU rescue, urges growth — 03 May 2012, 11:11 CET
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Europe cannot end its budget crisis by belt-tightening alone and must
promote growth, US ex-president Bill Clinton said Wednesday, lamenting
its "jerry-rigged" rescue efforts so far.
- McCain urges greater pressure on Ukraine, Belarus — 02 May 2012, 22:20 CET
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Top Republican US Senator John McCain on Wednesday urged the
international community to keep up a wave of pressure on authorities in
Ukraine and Belarus for persecuting opposition figures.
- IMF rejects call to cut ties with Iran — 01 May 2012, 22:59 CET
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The International Monetary Fund on Tuesday rejected a call by a US
anti-Iran group for it to cut its relations with Tehran's central bank
in order to adhere to US and European sanctions.
- EU urges 'restraint' in case of escaped China dissident — 30 April 2012, 15:59 CET
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The European Union on Monday urged China to exercise "utmost restraint" in the case of escaped blind activist Chen Guangcheng.
- Biden criticizes EU stance on Turkey — 27 April 2012, 20:20 CET
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US Vice President Joe Biden criticized the European Union Friday for not
fully embracing Turkey, stressing the "inordinate influence" of a
country that is a close American ally.
- Euro-MPs urge Lithuania to continue CIA jail probe — 27 April 2012, 16:50 CET
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European parliamentarians urged Lithuania Friday to continue a probe into an alleged CIA prison on its soil, said to have hosted a secret US jail for Al-Qaeda suspects.
- Euro-MPs visit alleged CIA 'black site' in Lithuania — 26 April 2012, 22:24 CET
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A European Parliament delegation on Thursday visited a purported CIA "black site" in Lithuania, amid a probe into allegations the Baltic state hosted a secret US jail for Al-Qaeda suspects.
