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Juncker unveils 315 bn plan to 'kickstart' EU economy

Wednesday, November 26, 2014 12:54am

The plan is the cornerstone of European Commission chief Jean-Claude Juncker's five-year agenda to jumpstart the EU's moribund economyNew EU Commission chief Jean-Claude Juncker unveiled Wednesday an eagerly awaited 315-billion-euro investment plan to "kickstart" the economy, saying it would show the world that Europe was back in business after years of crisis. Juncker said the proposal, which must be approved by European leaders at a summit in December, would mix an investment fund with a scheme to match new projects with private money. "Europe needs a kickstart and today the commission is providing the jump cable," Juncker told the European Parliament in Strasbourg, France.


Impoverished Lebanese city is target for IS group

Wednesday, November 26, 2014 12:54am

In this Thursday, Nov. 20, 2014 photo, Lebanese men reconstruct their shop that was damaged due to clashes between the Lebanese army and Islamic militants in the northern port city of Tripoli, Lebanon. Last month’s clashes were considered the most serious because heavily-armed militants led the clashes; some were loyal to the Islamic State group and others to Syria's al-Qaida affiliate, the Nusra Front. Previous bouts were dominated by local Sunni Muslim tough men in the Tripoli slum of Bab Tabbaneh, fighting rivals in the nearby Jabal Mohsen, loyalists of the Syrian President Bashar Assad. (AP Photo/Bilal Hussein)TRIPOLI, Lebanon (AP) — Jamal Hayak is finally fixing up his restaurant, damaged a month ago in clashes between the army and militants in this northern Lebanese city. But he has little doubt violence will erupt again, and he says he fears next time it will be Islamic State group fighters battling in Tripoli's streets.


EU's Juncker proposes $380 billion investment plan

Wednesday, November 26, 2014 12:52am

Jean-Claude Juncker, left, President of the European Commission, and Italy's Prime Minister Matteo Renzi discuss at the European Parliament, Tuesday Nov. 25, 2014 in Strasbourg, eastern France. (AP Photo/Patrick Seeger, Pool)BRUSSELS (AP) — Jean-Claude Juncker, the president of the European Union's executive branch, is proposing a 315-billion euro ($380 billion) investment plan to boost the bloc's flagging economy with some 21 billion coming from EU institutions.


Freighter with 700 migrants being towed to Crete

Wednesday, November 26, 2014 12:50am

In this photo released by Greek Navy on Tuesday, Nov. 25, 2014, the 77-meter-long (250-foot) Baris cargo ship carrying some 700 people is seen about 30 nautical miles southeast of the Greek island of Crete. Ships from Greece rushed to help after a crippled freighter crammed with hundreds of migrants floundered for hours Tuesday in gale-force winds and high waves in the Mediterranean Sea, officials said. (AP Photo/Hellenic Navy)ATHENS, Greece (AP) — A Greek navy frigate was towing a crippled freighter with hundreds of migrants on board through gale-force winds and high waves to safety on the southern island of Crete on Wednesday, a day after it suffered engine failure in international waters.


A glance at Ferguson: Then, now and the future

Wednesday, November 26, 2014 12:40am

Police take a person into custody Tuesday, Nov. 25, 2014, in Brentwood, Mo. Missouri's governor ordered hundreds more state militia into Ferguson on Tuesday, after a night of protests and rioting over a grand jury's decision not to indict police officer Darren Wilson in the fatal shooting of Michael Brown, a case that has inflamed racial tensions in the U.S. (AP Photo/Jeff Roberson)ST. LOUIS (AP) — The police officer who fatally shot 18-year-old Michael Brown spoke publicly for the first time about the confrontation, and for the second straight night crowds poured into the streets of Ferguson to protest a grand jury's decision not to indict him.


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