More than $4bn pledge for Mali recovery

  International donors pledged more than $4.22bn on Wednesday to help Mali recover after a conflict with al Qaeda-linked fighters, French President Francois Hollande has said. The sum exceeds the goals of Mali which had asked donors for $2.57 for this year and next. The donors’ conference, held on Wednesday in Brussels, was organised by French President […]

Cyprus to tax private savings accounts

(Reuters) – Cyprus said on Saturday it would tax big savers at its largest bank in a dramatic U-turn as it raced to satisfy European partners and seal an 11th-hour bailout deal to avert financial collapse.