IBTimes Australia : Libya Topic

IRS chief declines to identify employees involved in scandal

Sat, 18 May 2013 08:28:02 +1000

The outgoing head of the U.S. Internal Revenue Service angered Republican lawmakers on Friday by resisting their demands that he identify who at the tax-collection agency had inappropriately targeted conservative groups for extra scrutiny.

After tough week, Obama tries to change the subject to jobs

Sat, 18 May 2013 06:28:03 +1000

President Barack Obama on Friday sought to turn the spotlight from controversies threatening to swamp his agenda back to his top priority - the economy - and announced he will try to cut in half the time it takes to get federal approval for large job-creating projects.

Obama picks temporary IRS head as Tea Party rallies on scandal

Fri, 17 May 2013 05:49:02 +1000

U.S. President Barack Obama on Thursday chose a White House budget official to lead the beleaguered Internal Revenue Service temporarily and vowed to ensure that the tax-collection agency will not single out any more groups based on their political beliefs.

Obama vows to fix IRS as Tea Party rallies on Capitol Hill

Fri, 17 May 2013 05:14:02 +1000

U.S. President Barack Obama said on Thursday he would install new leadership at the Internal Revenue Service and vowed to ensure that the tax-collection agency will not single out any more groups based on their political beliefs.

U.S. tax chief forced out in IRS scandal

Thu, 16 May 2013 12:49:02 +1000

Washington's top tax official was fired on Wednesday as President Barack Obama sought to stem a rising tide of criticism over the Internal Revenue Service's improper targeting of conservative groups for special scrutiny.

U.S. tax chief fired over scandal, Obama announces

Thu, 16 May 2013 09:56:03 +1000

Washington's top tax official was fired on Wednesday as President Barack Obama sought to stem a rising tide of criticism in a scandal over the Internal Revenue Service's targeting of conservative groups for special scrutiny.

U.S. tax chief ousted in scandal

Thu, 16 May 2013 09:21:02 +1000

Washington's top tax official was fired on Wednesday as President Barack Obama sought to stem a rising tide of criticism over the Internal Revenue Service's targeting of conservative groups for special scrutiny.

FBI opens criminal probe of U.S. tax agency, audit cites disarray

Wed, 15 May 2013 11:42:02 +1000

U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups for extra tax scrutiny.

Obama slams IRS actions, calls Benghazi probe a 'sideshow'

Tue, 14 May 2013 08:42:01 +1000

President Barack Obama on Monday called the targeting of conservative groups by U.S. tax officials "outrageous" and said that any Internal Revenue Service employees involved would be held accountable.

Libya: Benghazi Car Bomb Targets Hospital Killing Nine

Mon, 13 May 2013 23:37:21 +1000

Fresh attack in city after weekend bombing of police station kills three children.

Gatwick Pilot who Forged Flying Licence Goes on the Run

Sun, 12 May 2013 01:17:26 +1000

Police hunt Michael Fay, who flew passenger planes into UK after forging pilot's licence.

EBRD considers lifelines for small business in emerging Europe

Sat, 11 May 2013 22:42:02 +1000

The European Bank for Reconstruction and Development is considering ways to help small businesses in emerging Europe, including through direct lending, as the region suffers lacklustre growth, its president said on Saturday.

Police stations bombed, British embassy cuts Libya staff

Sat, 11 May 2013 04:00:03 +1000

Bombs exploded outside two police stations in Libya's eastern city of Benghazi on Friday and Britain temporarily cut staff at its embassy in Tripoli because of security fears.

European development bank cuts growth forecast for emerging economies

Sat, 11 May 2013 03:14:02 +1000

Europe's development bank slashed its 2013 growth forecasts for emerging Europe and North Africa on Friday by almost a full percentage point, saying a sharp slowdown in Russia would drag down the regional economy.

Libyan police stations bombed, British embassy cuts staff

Sat, 11 May 2013 01:00:03 +1000

Bombs exploded outside two police stations in Libya's eastern city of Benghazi on Thursday and Britain temporarily cut staff at its embassy in Tripoli because of security fears.

Syrian Internet Blackout ‘Deeply Concerning’

Wed, 08 May 2013 19:58:59 +1000

Access to the internet within Syria has been shut off again in an attempt to disrupt activists' movements.

Chad: Four Dead in Foiled Coup against Idriss Deby Government

Fri, 03 May 2013 03:05:42 +1000

N’Djamena says gang including opposition MP Saleh Makki arrested for plotting to destabilise Chad.

Algeria contemplates future without ailing Bouteflika

Wed, 01 May 2013 01:21:03 +1000

Ill-health may force veteran Algerian President Abdelaziz Bouteflika, now in hospital in Paris, to hasten his departure from power, plunging a youthful, restless nation into an uncertain political transition.

Libya to help ease Egypt crisis with $1.2 billion oil deal

Sun, 28 Apr 2013 23:14:02 +1000

Libya will soon start shipping oil to neighbouring Egypt on soft credit terms, two senior Libyan officials said, as Cairo struggles to pay for energy imports and avoid fuel shortages.

Boston bomb suspects also wanted to attack New York - officials

Fri, 26 Apr 2013 05:49:02 +1000

The two men suspected of carrying out last week's deadly Boston Marathon bombing decided after authorities identified them to drive to New York and set off additional explosives in Times Square, New York City officials said on Thursday.

Libya: Car Bomb Hits French Embassy in Tripoli [VIDEO]

Tue, 23 Apr 2013 20:46:20 +1000

French president Francois Hollande says attack targets all countries fighting terrorism.

HSBC reviewing Iraq ops, continues Egypt investment -executive

Mon, 22 Apr 2013 02:49:03 +1000

HSBC Holdings is reviewing its operations in Iraq while continuing to invest in Egypt despite a challenging near-term environment there, the bank's regional chief executive said on Sunday.

IMF says hopes to conclude Egypt talks "as quickly as feasible"

Sat, 20 Apr 2013 05:42:03 +1000

The International Monetary Fund and Egyptian finance officials are working to conclude talks "as quickly as feasible" on a proposed $4.8 billion (3.1 billion pounds) loan deal to ease the country's deepening economic crisis, a senior IMF official said on Friday.

IMF chief says hopes for loan deal with Egypt

Fri, 19 Apr 2013 02:56:02 +1000

The head of the International Monetary Fund said on Thursday more work is needed to conclude loan talks with Egypt but expressed hope that a deal can be struck.

Egypt-IMF talks "haven't failed" - presidency

Wed, 17 Apr 2013 23:14:02 +1000

Negotiations between Egypt and the International Monetary Fund have not failed, the president's office said on Wednesday after an IMF delegation left Cairo without agreement on a $4.8 billion (3.1 billion pounds) loan needed to ease a severe economic crisis.

Analysis - Rich despite its troubles, Libya flashes cash for Egypt

Tue, 16 Apr 2013 23:35:02 +1000

A country still rebuilding from civil war and prowled by loosely-governed bands of idle and heavily armed youths, Libya might seem an unlikely donor to bail out its bigger neighbour Egypt.

Egypt loan talks end without deal but IMF sees progress

Tue, 16 Apr 2013 10:00:03 +1000

Egypt and the International Monetary Fund failed to agree on terms for a $4.8 billion (3.1 billion pounds) loan that could ease a worsening economic crisis in the Arab world's most populous nation.

Egypt stalls on IMF terms, no deal seen -diplomats

Mon, 15 Apr 2013 02:42:03 +1000

Egypt is stalling on the terms of a $4.8 billion International Monetary Fund loan to help it fight a deepening economic crisis, and no deal is likely while an IMF team is in Cairo, diplomats said on Sunday.

Egypt wavers on brink of IMF deal

Sun, 14 Apr 2013 22:21:02 +1000

Egypt is close to an agreement with the International Monetary Fund on a $4.8 billion loan that would help it fight a deepening economic crisis but is still bristling at the conditions, diplomats said.

Egypt IMF deal wins cautious nod from some Mursi critics

Sat, 13 Apr 2013 03:42:02 +1000

Egypt's bid to secure a $4.8 billion (3.1 billion pounds) loan from the International Monetary Fund is winning guarded support from some of President Mohamed Mursi's liberal opponents that could make it easier to secure the deal.