LONDON, May 23- The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday.» Read More
SOFIA, May 16- Bulgaria's centre-right GERB, which won most parliamentary seats in Sunday's vote, wants the election result cancelled because of a "violation", its leader Boiko Borisov said on Thursday.
*Labour Party calls it a "Devastating blow to Cameron's authority". LONDON, May 15- Prime Minister David Cameron suffered an embarrassing blow in parliament on Wednesday when more than a third of his Conservative lawmakers voted against him in protest at his stance on Britain's membership of the European Union.
LONDON, May 15- Prime Minister David Cameron suffered an embarrassing blow in parliament on Wednesday when a third of his Conservative lawmakers voted against him in protest at his stance on Britain's membership of the European Union.
PROVIDENCE, R.I.-- A Senate panel has endorsed Rhode Island Gov. The Senate Commerce Committee voted unanimously Tuesday in favor of the nomination of Marcel Valois for executive director of the Economic Development Corp. It would be his second stint in that role.
KUWAIT, May 15- A ruling by Kuwait's top court next month could end a period of relative political stability, jeopardising government plans to push ahead with long-delayed economic projects.
Senate President Andy Biggs said the 10 bills will move through the Appropriations Committee and should reach the Senate floor on Thursday. The bills don't include Medicaid expansion, which is expected to be tacked on as a floor amendment.
*Senate panel closes loopholes in student visa program. *House Republicans campaign to kill Senate immigration bill. Senator Marco Rubio, who is considered crucial to the passage of an immigration law overhaul, on Tuesday vowed to fight for a biometric system that would track foreigners entering and exiting the country after a Senate panel rejected the idea.
WASHINGTON, May 14- The Senate Agriculture Committee approved a farm bill on Tuesday, costing $500 billion over a decade, that would expand the scope of the federally subsidized crop insurance program and modestly trim spending on food stamps for the poor. The 1,000- page bill now goes to the Senate floor, where a vote could be called as soon as this month.
With Congress preparing to hold hearings on the IRS's holding conservative groups to extra scrutiny, McConnell said he was "calling on the president to make available, completely and without restriction, everyone who can answer the questions we have as to what was going on at the IRS, who knew about it, and how high it went."
Marco Rubio of Florida is coming to the aid of New Hampshire Sen. Rubio's Reclaim America political action committee says in the new ad that Ayotte has sought to reduce gun violence in New Hampshire, home of the nation's first presidential primary.
CANBERRA, May 14- Australia's struggling Labor government on Tuesday used the last budget before national elections to delay a long-promised return to surplus, blaming a stubbornly high Australian dollar and lower commodity prices for a dramatic fall in revenues.
*Obama in strongest foray in Britain's EU debate. WASHINGTON, May 13- President Barack Obama intervened in Britain's emotive debate about its membership of the European Union on Monday, saying Prime Minister David Cameron should "fix" his country's relationship with the bloc before taking any steps to leave.
*Rifts over Europe widen in ruling Conservative Party. Cameron's promise to renegotiate Britain's relationship with the EU and hold a plebiscite on membership if he wins the next election in 2015 has failed to end his party's divisions over Europe or halt the rise of the anti- EU UK Independence Party.
*Centre-right GERB wins preliminary 30.7 percent of vote. *Others reluctant to work with GERB after protests. SOFIA, May 13- Bulgarian parties tried to cobble together a government on Monday after an election delivered a split parliament and left the European Union's poorest country in political stalemate.
WASHINGTON, May 13- British Prime Minister David Cameron moved to end a revolt over European Union membership in his ruling Conservative party on Monday, saying all his ministers backed his strategy on the issue despite two expressing more sceptical views than his own.
Claudine Fry, South Asia senior analyst at Control Risks, tells CNBC Nawaz Sharif faces serious challenges, particularly the electricity crisis, after winning the election in Pakistan over the weekend.
Arvind Ramakrishnan, principal Asia analyst at Maplecroft, says that the election outcome in Pakistan is positive politically but won't bring any change on the economic front.
*Centre-right GERB wins preliminary 31.4 percent of vote. SOFIA, May 13- Bulgaria's centre-right GERB emerged as the winner of national elections on Monday but faced a struggle to form a government, suggesting no early end to the political stalemate that has gripped the European Union's poorest country.
SOFIA, May 13- Bulgaria's centre-right GERB party was scrambling to form a government on Monday, determined to cobble together an alliance that could ease concerns over the future of the EU's poorest country.
Treasury Inspector General for Tax Administration inquiry that Reuters obtained on Saturday, on IRS statements and on news reports. The number of applications sent to the IRS by groups seeking 501 (c) 4 tax-exempt status begins to increase sharply, rising to 3,400 in 2012 from 1,500 in 2010, according to the IRS.