Syrians in besieged communities are being denied food by both government forces and some opposition groups, leaving poorly nourished civilians to scavenge to stay alive, according to Human Rights Watch.
Egypt’s foreign reserves plunged to the lowest level in at least 15 years, adding new pressure on President Mohamed Mursi to secure an International Monetary Fund loan his government says is key to reviving the economy.
U.K. Prime Minister David Cameron’s refusal to back a European Union accord has caused a rift with the Liberal Democrats as their leader, Nick Clegg, warned a breakup of the coalition would lead to “economic disaster.”
An Egyptian court suspended the military’s right to arrest civilians, in a win for the Muslim Brotherhood in its power struggle with the ruling generals ahead of an end-June handover of power to the new Islamist president.
Outokumpu Oyj expects an “intensive” anti-cartel probe from the European Commission as it takes over ThyssenKrupp AG’s Inoxum unit, Handelsblatt reported, citing Outokumpu Chief Executive Officer Mika Seitovirta.
After Spain’s rescue of its banks and cash-strapped regions, the 2013 budget reveals a bailout of the power industry to cover 25 billion euros ($32 billion) of debt accumulated by the electricity system.