World News Headlines
EU Commission to move against Poland next week over rule of law: Polish PM
BRUSSELS (Reuters) - The European Commission will open next week a procedure against Poland that could lead to suspending Poland's voting rights in the European Union over concerns that Warsaw is not respecting the rule of law, Polish Prime Minister Mateusz Morawiecki said.
ECB raises GDP and inflation forecasts
FRANKFURT (Reuters) - The European Central Bank raised its growth and inflation forecasts on Thursday as the euro zone's recovery becomes increasingly broad-based but saw inflation falling short of target into 2020 as high unemployment keeps a lid on wages.
China says war must not be allowed on Korean peninsula
BEIJING (Reuters) - War must not be allowed to break out on the Korean peninsula and the issue must be resolved through talks, Chinese President Xi Jinping said on Thursday, while U.N. Secretary-General Antonio Guterres warned of the danger of "sleepwalking" into conflict.
Splits on Italian right buoy opponents as campaigning starts
ROME, Dec 14 (Reuters) - The leader of Italy's far-right Northern League said on Thursday he was suspending contacts with his main political ally, former prime minister Silvio Berlusconi, because of a disagreement over how tough courts should be on murderers and rapists.
Swiss to help build railway across South America
BERN, Dec 14 (Reuters) - Bolivian President Evo Morales said an ambitious project to build a coast-to-coast railway across South America had moved a step closer to reality after he signed a cooperation agreement with Switzerland on Thursday.
WRAPUP 2-China says war must not be allowed on Korean peninsula
BEIJING, Dec 14 (Reuters) - War must not be allowed to break out on the Korean peninsula and the issue must be resolved through talks, Chinese President Xi Jinping said on Thursday, while U.N. Secretary-General Antonio Guterres warned of the danger of "sleepwalking" into conflict.
Canada new home prices edge up, Toronto shows signs of strength
OTTAWA (Reuters) - Canadian new home prices edged up by 0.1 percent in October on strength in the capital, Ottawa, while prices in Toronto rose for the first time in five months, Statistics Canada said on Thursday.
Russia's central bank to form biggest non-state pension fund with $9 billion merger: sources
MOSCOW (Reuters) - Russia's central bank is preparing to merge three pension funds of bailed out bank Otkritie to create the biggest non-state pension fund in Russia, while guaranteeing payouts to their 7.7 million members, three people with knowledge of the matter said.
German police raid locations linked to Islamist militants
BERLIN (Reuters) - German police investigating four people suspected of planning an Islamist-motivated attack raided nine locations in Berlin and the eastern state of Saxony Anhalt on Thursday, prosecutors said.
Global stocks edge up amid central bank bonanza
LONDON (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe.
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