Archives of “diplomat” tag

rss

The UN Security Council will meet this week to discuss North Korea

  
Analysis, Politics
#  #  #  #  #  #

Reuters (citing diplomats and a request from the United States) report the council will meet on Wednesday

  • it will discuss North Korea’s recent missile launches
Over the weekend NK conducted an unspecified “very important test” at its Dongchang-ri satellite launch site
—
I wonder if we’ll see a yen response? NK issues have, in the past, prompted yen buying (a flight to liquidity response, the USD also a beneficiary) but this has diminished.
North Korea kim yen

Greece bailout package 'agreed by Germany and France'

  
Economy, Education
#  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #

The deal will also involve the International Monetary Fund and is expected to include 22 billion euros of funding for Greece, sources said.

It is now up to European Union President Herman Van Rompuy to call a summit of eurozone leaders possibly later tonight to consider the French-German deal, after talks attended by all 27 European Union heads of state.

The meeting would ask Van Rompuy to draw up detailed plans “before year end to show all the options possible” for bailing out eurozone nations in future. That would include preventive measures and sanctions, a diplomat said.

Spanish government spokeswoman Cristina Gallach said she could not confirm any deal but that Spain – which heads most European Union talks because it holds the EU’s rotating presidency – was “hopeful” that a solution could be found at the talks for Greece’s debt woes.

Go to top