Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after all-night talks at an emergency summit. However, the terms imposed by international lenders led by Germany may put more pressure on leftist Prime Minister Alexis Tsipras, fracture the government and cause an outcry in Greece. If the summit had failed, Greece would have been staring into an economic abyss with its shuttered banks on the brink of collapse and the prospect of having to print a parallel currency and in time, exit the European monetary union. "The agreement was laborious, but it has been concluded. There is no Grexit," European Commission President Jean-Claude Juncker told a news conference after 17 hours of bargaining. He dismissed suggestions that Tsipras had been humiliated by accepting far-reaching, German-inspired terms he long promised to resist. "In this compromise, there are no winners and no losers," Juncker said. "I … [Read more...] about Euro zone strikes deal with Greece after all-night struggle
Dealing with rejection
Israeli Defence Minister Moshe Yaalon said on Saturday that a landmark deal on Iran's nuclear programme under discussion with world powers is a "historical mistake". "An agreement now, in the current conditions, is a historical mistake that will allow the bellicose regime in Tehran to pursue its dangerous nuclear programme and its ambition to spread terror and to undermine regimes in the Middle East and the entire world," Yaalon said. He urged world powers holding talks with Iran in Geneva on Saturday to be "intransigent" with the Islamic republic, in comments echoed by Justice Minister Tzipi Livni. "There is no need to hurry to sign an agreement that will not reach its objectives, when a much more favourable agreement could be signed given the pressure Iran is under," Livni said in a statement. The proposed agreement -- seen as a first step ahead of further talks on a final deal -- would see Iran freeze parts of its nuclear programme for as long as six months in exchange for … [Read more...] about Israel says nuclear deal with Iran ‘historical mistake’
The Democratic People's Republic of Korea (DPRK) Tuesday said it now wasn't obliged to a major deal with the United States and would continue to launch satellites, the official KCNA news agency said. The DPRK also rejected a latest UN Security Council presidential statement condemning its satellite launch, the agency cited a foreign ministry official as saying. The official said the DPRK would continue to explore space for peace purposes, and develop satellite launching skills necessary for the country's economic development. The official stressed the DPRK would no longer be confined by the Feb. 29 U.S.-DPRK agreement, as the Unites States had completely breached it with confrontational acts. In the agreement, the DPRK agreed to impose a moratorium on nuclear tests and long-range missile launches and allow international nuclear inspectors to return to the country. In return, the United States agreed to provide the country with 240,000 tons of food aid. Pyongyang last … [Read more...] about DPRK says not to follow deal with U.S.
Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling at an emergency summit. "Euro summit has unanimously reached agreement. All ready to go for ESM programme for Greece with serious reforms and financial support," European Council President Donald Tusk announced on Twitter, referring to the European Stability Mechanism bailout fund. However the tough conditions imposed by international lenders led by Germany could bring down Prime Minister Alexis Tsipras' leftist government and cause an outcry in Greece. Even before the final terms were known, his labour minister went on state television to denounce the terms. "We were able to keep the unity on keeping Greece inside the euro zone," Slovenian Prime Minister Miro Cerar said on his Twitter account. EU officials said Tsipras finally accepted a compromise on German-led demands for the sequestration of Greek state … [Read more...] about Euro zone clinches deal with Greece after all-night haggle
The Real Deal With Seals By Nguyen Tan Many experts are proposing a change of stipulations regarding official stamps, which can cause problems for companies Many organizations, especially companies, have had to deal with troubles caused by seals. A Vietnamese company in Ha Tay Province and its Japanese partner came across such a problem as told by lawyer Cao Ba Khoat, director of KAC Consulting Co. The local company found a Japanese partner for its technology upgrading project. After they signed the contract, the Japanese partner’s seal became a problem: It is far smaller than the Vietnamese company’s, with dark violet ink and complicated lines. Due to the strange stamp, State agency officials refused to certify the contract, and requested the Japanese company get its seal certified at the Japanese Embassy in Hanoi. The Japanese Embassy said they could not do this, because seals are created by businesses. The Japanese company was then asked to get the Japanese … [Read more...] about The Real Deal With Seals