Mice, smog and MPs: U.K. parliament faces urgent repairs

Mar 9, 2015

Mice, smog and MPs: U.K. parliament faces urgent repairs

Behind the neo-Gothic splendor of Big Ben, Britain’s Houses of Parliament is crumbling and overrun with mice, prompting its top official to warn the building may have to be “abandoned” without urgent renovations. Leaking roofs mean members of parliament have to use waste paper ...

Mar 4, 2015

Ruling camp gives up enacting budget by April start of fiscal year

The Liberal Democratic Party-led coalition has given up on passing the budget before the new fiscal year begins on April 1, according to senior lawmakers. Until the record-high ¥96.34 trillion budget is enacted, the Abe administration will formulate a stopgap budget to cover government ...

Feb 11, 2015

New fiscal reform plan in the works: sources

Private-sector members of the government’s economic and fiscal policy panel plan to put forward a new proposal on how to measure progress in the country’s fiscal reconstruction. The proposal is expected to call on the central government to set a goal of reducing the ...

Feb 3, 2015

Obama wants $1 billion to curb Central American immigration

President Barack Obama wants to spend $1 billion to help curb illegal immigration from three Central American countries, according to the president’s budget request. The request was outlined in the president’s $4 trillion budget request sent to Congress Monday. The administration first proposed financial ...

Tsipras halts privatization, throwing down gauntlet to Greece's creditors

Jan 29, 2015

Tsipras halts privatization, throwing down gauntlet to Greece's creditors

Left-wing Greek Prime Minister Alexis Tsipras launched an open challenge to international creditors on Wednesday by halting privatization plans agreed under the country’s bailout deal, prompting a third day of heavy losses on financial markets. A swift series of announcements signaled the newly installed ...

China has mountain to climb with 2022 Winter Olympics bid

Jan 22, 2015

China has mountain to climb with 2022 Winter Olympics bid

High on a barren mountainside, a red flag marks the spot where China hopes ski jumpers will launch themselves to glory at the 2022 Winter Olympics. But hosting the Games would require a giant leap of its own. For now, the bitterly cold valley ...