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World

Palestinians to keep paying prisoner stipend despite Israeli penalty

RAMALLAH, West Bank (Reuters) - Palestinian President Mahmoud Abbas said on Sunday his government would keep paying stipends to Palestinians jailed by Israel, their families, and the families of those killed by Israeli forces despite a new Israeli law to penalise the policy.

World

Israel enacts law to freeze Palestinian funds equal to prisoners' stipends

JERUSALEM (Reuters) - Israel enacted a law on Monday to financially penalize the Palestinian Authority for paying stipends to Palestinians jailed by Israel, their families, and the families of those killed by Israeli forces.

World

Afghan finance minister resigns, citing personal reasons

KABUL (Reuters) - Afghan Finance Minister Eklil Hakimi, one of the top allies of President Ashraf Ghani, resigned on Tuesday, citing personal reasons.

Nation

NGO makes the push for non-political councillors in Johor

JOHOR BARU: A non-governmental organisation, Engage, has suggested that each of the local councils in the state should appoint four non-political councillors comprising those from civil society or members of the public.

World

Peru ex-govt official Carlos Oliva to be finance minister - source

LIMA (Reuters) - Peruvian President Martin Vizcarra will swear in Carlos Oliva, a former deputy finance minister, as the new finance minister in a ceremony later on Thursday, a government source said.

World

Analysis - Germany's "miserly" Scholz irks comrades at home and abroad

BERLIN (Reuters) - Germany's new Social Democrat finance minister, Olaf Scholz, is frustrating both key ally France and his own struggling centre-left party by adopting the same fiscal rigour as his conservative predecessor, Wolfgang Schaeuble.

World

EU fears new Italian policies could set stage for next euro zone crisis

BRUSSELS (Reuters) - Italy's emerging ruling coalition is likely to put deeper euro zone integration on hold and could set the stage for the bloc's next crisis if it delivers on its tax-cutting and high-spending policies, European policymakers and economists fear.

World

Italy's 5-Star, League rattle markets in bid to clinch government deal

ROME (Reuters) - Italy's two anti-system parties are floating radical ideas to free up billions of euros for tax cuts and welfare, including asking the European Central Bank to forgive debt, in a bid to clinch a government deal after 2-1/2 months of stalemate.

World

Struggling to agree on government pact, Italy's League turns on EU

ROME (Reuters) - Italy's far-right League, struggling to stitch together a coalition deal with the anti-establishment 5-Star Movement, said on Tuesday it was ready to wage war on European Union budget rules and put Italians first.

World

Merkel looks at ways to tackle Germany's east-west disparities

BERLIN (Reuters) - German Chancellor Angela Merkel on Sunday said government subsidies were needed to address lingering disparities in the quality of life in the states of former Communist East Germany and West Germany 28 years after unification.