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Eurozone jobless rate at record high of 11.7% amid debt crisis

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Workers marching in downtown Naples, in southeast Italy, during a protest to demand new job opportunities. Official data show that the unemployment rate in the eurozone hit a new record high of 11.7 percent in October as the 17-nation bloc continues to grapple with a worsening financial crisis. The Eurostat data agency said on Friday that a total of 18.7 million people were out of work in October,... 

Russia wants to feed Europe with organic food

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Russia seriously considers an opportunity to take up the role of a supplier of organic products within the scope of the World Trade Organization. Russian lawmakers are working on the bill to support the production of organic agricultural products. This law will help Russian farmers enter the EU market with organic products. As expected, the bill will be handed over to the Ministry of Agriculture of... 

New Facebook policy raises alarms over sharing of user data

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Facebook’s new privacy policy violates EU law, raising concerns over the sharing of private data with affiliated business without user consent. US privacy experts expressed concern over how Facebook shares this data with advertisers. European Data Protection Commissioner Gary Davis has asked for Facebook to clarify its new changes to users’ privacy policy. As commissioner, Davis is responsible... 

Infants of EU nationals in Ireland at risk from unsafe Irish feeding guide

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Whatever the actual risks for EU-national mothers in Irish hospitals, if their babies are fed infant formula, it will contain amounts of fluoride that are neither safe nor medically legal in other EU member states. The Food Safety Authority of Ireland’s (‘FSAI’) guide of 19th Nov 2012 (1) recommends Irish tap water be used to make up baby bottles even though this is totally at odds with safety... 

Russia urges united action against Israeli war on Gaza

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Russian Foreign Minister Sergei Lavrov Moscow has called on the Arab League and the Middle East Quartet comprising Russia, the European Union (EU), UN, and US, to work together to end frequent Israeli aggressions against the Palestinians. “The Quartet needs…to work together with the Arab League representatives and work out solutions together… to restart Israeli-Palestinian talks,”... 

Moody's downgrades France, sets negative outlook

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Credit rating heavyweight Moody’s Investors Service has stripped France of its top AAA rating to Aa1 with a negative outlook, sending a warning to President Hollande’s endeavours to rebuild French economic growth and credibility. ­Moody’s said its decision to downgrade Europe’s second largest economy reflects France’s deteriorating economic outlook, the recession in the wider Eurozone... 

'We have no future!' EU anger unites millions in protest

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Massive anti-austerity strikes and protests swept across Europe as millions took to the streets to express their frustration over rising unemployment and dire economic prospects. Many rallies ended with violent clashes with police. Workers marched in 23 countries across Europe to mark the European Day of Action and Solidarity. General strikes had been called in Spain and Portugal, paralyzing public... 

Germany accuses Cyprus of "suspicious ties" with Russian oligarchs

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Cyprus may lose financial support from the EU due to “suspicious ties” with Russian oligarchs. According to information published in Spiegel magazine, the German Federal Intelligence Service suspects that the loan, which the EU and the IMF may give the country, will only sweeten the life of Russian businessmen who keep their money in Cyprus. It was written in Monday’s issue of Spiegel... 

EU jobless rate to peak at about 12% in 2013

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Reuters polls show that the global economy is expected to improve only slightly in 2013. New projections on unemployment in eurozone show that the jobless rate among member countries will hit a new peak at about 12 percent next year. The European Union’s autumn forecast on Wednesday said that unemployment would hit a new peak at 11.8 percent among the 17-nation EU in 2013 and go down slightly to... 

Germany to give Holocaust Survivors 245 million Euros Compensation

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The payment of compensations to Holocaust survivors in the former Soviet Republics, which have not integrated into the European Union (EU), begins on November 1. The total sum of compensations will be around 245 million euros, and the receivers are 80,000 Jewish people living in the countries of the post-Soviet space. This decision was made as a result of talks between representatives of the German... 

1000s stage anti-austerity demo in Portugal

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Thousands of people hold a demonstration outside the Portuguese parliament in the capital Lisbon on October 31, 2012. Thousands of people have gathered outside the Portuguese parliament in Lisbon to protest against the assembly’s approval of the government’s 2013 draft austerity budget. The demonstration was staged on Wednesday after the parliament approved the draft bill, which proposes substantial... 

Two Muslim candidates win seats in Belgium local elections

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File photo shows veiled women holding signs during a protest by Muslim men and women in Sint-Jans-Molenbeek (Molenbeek-Saint-Jean), in Brussels. Two candidates from Islam Party have won their way to the local councils in two major districts of the Belgian capital Brussels. The local elections were held in Anderlecht and Molenbeek on Sunday. The party reportedly plans to field candidates for the regional... 

Russia promises to make Greece a prospering state in 1 year

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Two years ago, Greece missed the chance to extricate from the crisis with Russia’s help. Nowadays, Russian investments in the country grow and give air to breathe to economies of several regions of Greece, such as the north-east. Russian investors are especially attracted by cheap real estate, tourism and the property that they can buy from the state. “Greece should only give Russia the... 

EU health commissioner quits over corruption scandal

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European Commissioner for Health and Consumer Policy John Dalli has resigned. The European Commission says the EU commissioner for health and consumer policy has resigned over allegations of corruption involving tobacco laws. The commission said in a statement that John Dalli stepped down from his post on Tuesday, “following an investigation by OLAF, the EU’s anti-fraud office, into a complaint”... 

EU seeks to re-introduce Balkan visas to stem influx of gypsies

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Six EU member states have asked the European Commission to adopt a mechanism that would allow them to terminate visa-free travel from West Balkan states. The request follows an exponential rise in mainly Roma asylum-seekers from the region. Interior ministers of Germany, Austria, France, Belgium, the Netherlands, and Luxembourg have sent a proposal of a suspension clause, which is expected to be passed... 
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