World news: Berlin rejects Brussels’ plan for banks, New divisio...


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Financial Times
World news briefing:
Thursday July 11 2013

World News
 
Berlin rejects Brussels' plan for banks
Main elements proposed by European Commission are rejected by senior German officials for going beyond the law and leaving taxpayers exposed
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/FDOOER/VU/h?a1=2013&a2=7&a3=11
 
New divisions hit Egypt's hinterland
Away from Cairo and the international spotlight supporters and opponents of ousted president struggle to find ways to coexist
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/GY00QE/VU/h?a1=2013&a2=7&a3=11
 
Kuwait pledges $4bn to help Egypt
Kuwait's pledge to help Egypt's economy comes as Cairo prosecutor orders the arrest of Muslim Brotherhood leader Mohamed Badie and eight others
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/OF55PJ/VU/h?a1=2013&a2=7&a3=11
 
China and US agree non-binding climate plan
The agreement is not binding but could bolster efforts for new international climate action, which stalled after the Copenhagen summit in 2009
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/Q3WW13/VU/h?a1=2013&a2=7&a3=11
 
Luxembourg's Juncker calls snap election
Leader was grilled for two hours by lawmakers after a probe concluded that he failed to inform parliament of 'irregularities and supposed illegalities'
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/ULYYBG/VU/h?a1=2013&a2=7&a3=11
 
Turkey probes foreign exchange deals
Fall in lira despite central bank purchases prompts wide-ranging inquiry, as Erdogan accuses an 'interest rate' lobby of manipulating mass protests
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/A5HHXJ/VU/h?a1=2013&a2=7&a3=11
 
Silence seeks to avert bailout revolt
Asking German taxpayers to reach into their pockets again will be a momentous decision, one that no policy maker will take lightly
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/DX88YQ/VU/h?a1=2013&a2=7&a3=11
 
Berlusconi appeal looms over coalition
Less than three months after taking office significant policy divisions have earned Enrico Letta's government a reputation for prevarication
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/IEVVSI/VU/h?a1=2013&a2=7&a3=11
 
India running out of TB and Aids drugs
Patient groups warn that the shortages in India's public health system could cost lives and worsen problems of drug resistance
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/YG99OM/VU/h?a1=2013&a2=7&a3=11
 
Japan told to pay forced labour claims
Seoul High Court's ruling that Nippon Steel should compensate four workers for their forced labour, is likely to further sour relations with Japan
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/1ORRV4/VU/h?a1=2013&a2=7&a3=11
 

The World Blog with Gideon Rachman
 
FT podcast: World Weekly with Gideon Rachman

Can President Hollande turn things around?

This week the French government announced a multi-billion e ...
http://link.ft.com/r/S4XZQQ/IE8S9M/JI67RT/NR9B4J/LSZZRY/VU/h?a1=2013&a2=7&a3=11

 
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