Turkey PM says Israel to pay $20 mn compensation for 2010 raid
A breakthrough Israel-Turkey deal following six years of acrimony will see Israel pay $20 million (18 million euros) in compensation for a deadly 2010 commando raid, Turkish Prime Minister Binali Yildirim said Monday. The deal will also see the two countries exchange ambassadors "as soon as possible," Yildirim told a press conference in Ankara. Israel has agreed to comply with two key Turkish conditions for a restoration in ties -- an apology for the commando raid on a Gaza-bound aid flotilla, which killed 10 Turkish activists, and compensation.
Merkel wants calm approach to Brexit, spokesman saysGerman Chancellor Angela Merkel is pursuing "calm and reasoned" approach to relations with Britain after its vote to leave the European Union, a government spokesman said on Monday. Asked whether Merkel's approach was "soft" spokesman Steffen Seibert said the chancellor was being "calm." "We need to be in a position, after the completion of a process that is coming now, to continue working closely, with trust and well with this country," he told a regular government news conference.
Britain can cope with EU exit turmoil, finance chief says
By William James LONDON (Reuters) - Britain's finance minister said on Monday the country's economy was strong enough to cope with volatility caused by its vote to leave the European Union, whose leaders demanded a quick divorce and promised no special treatment. With financial markets shaken by the shock outcome of Thursday's referendum, Chinese Premier Li Keqiang said uncertainties over the global economy had heightened and called for a "united, stable EU, and a stable, prosperous Britain". On the financial markets, the pound has come under siege and the euro has been struggling since the referendum, in which 52 percent of voters backed a British exit from the EU, or Brexit.
Britain doing everything it can to restore confidence: ministerBritain's government is doing everything it can to provide stability and restore confidence for businesses and investors following last week's vote to leave the European Union, government minister Anna Soubry said on Monday "The most important thing is to achieve stability... We need to restore confidence and we need to make sure Britain is open for business," Soubry, a junior business minister, told broadcasters.
No informal EU talks before Britain invokes Article 50, says Germany
BERLIN (Reuters) - There will be no informal discussions between Britain and the European Union before the British government has invoked formal divorce proceedings by making the Article 50 request, a German government spokesman said on Monday. "One thing is clear: before Britain has sent this request there will be no informal preliminary talks about the modalities of leaving," Steffen Seibert, spokesman for Chancellor Angela Merkel, told a regular news conference. ...
Ex-Auschwitz guard appeals accessory to murder convictionBERLIN (AP) ? A German court says a 94-year-old former SS sergeant who served as an Auschwitz guard is appealing his conviction on 170,000 counts of accessory to murder.
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Spain's conservatives push for government after uncertain vote
Spain's ruling conservatives made a fresh push Monday to form a government following months of political paralysis after emerging stronger from another inconclusive general election. The Popular Party (PP) was the big winner of Sunday's elections, the second in six months, which played out against a background of turbulence from Britain's shock vote to leave the European Union that analysts said may have influenced the polls. The fractured results were much the same as after uncertain December polls, with the PP coming first, followed by the Socialists, a far-left coalition led by Podemos and market-friendly upstart Ciudadanos.
Suicide bombers strike Lebanese village, kill five
Four suicide bombers killed at least five people and wounded 19 more in a series of attacks in a Lebanese Christian village at the border with Syria on Monday, the latest violent spillover of the five-year-old Syrian war into Lebanon. Security sources said they believed Islamic State was responsible. Lebanon has been repeatedly jolted by militant attacks linked to the war in neighboring Syria, where the powerful Lebanese Shi'ite group Hezbollah is fighting in support of President Bashar al-Assad.
UK Treasury chief tries to calm fears over 'Brexit' fallout
LONDON (AP) ? Britain's Treasury chief sought Monday to ease concerns about the vote to leave the European Union, saying the economy is as strong as it could be to face the uncertainty ? even as a survey showed many companies are looking to move business out of the country.