Resolve Greece talks soon to avoid crisis, says US's Lew

US Treasury Secretary Jack Lew called Wednesday for Greece's debt crisis to be resolved quickly to avoid the risk of "accidents", as G7 finance ministers gathered.

"Brinkmanship is a dangerous thing when it only takes one accident," he said in a talk at the London School of Economics university.

Schaeuble states Greek optimism on solution is unjustified

Athens’ optimism on negotiations is not justified, according to German FinMin Wolfgang Schaeuble.


As he stated, he does not exclude the possibility of bankruptcy (insolvency) for Greece, while information from the Institutions do not go hand in hand with the optimism expressed by the Greek government.


Kerry 'confident' after US Senate compromise on Iran deal

US Secretary of State John Kerry on April 15 welcomed a compromise with Congress on giving lawmakers a say on any final deal on Iran's nuclear programme.

Kerry said the measure approved April 14 by the Senate Foreign Relations Committee, which raises the threshold for critics in Congress to block any accord with Tehran, made him "confident" ahead of a June 30 deadline.    

The realignment of the world

Since the end of the Cold War, the international system has been fluctuating. While the bipolar system has ended, no equivalent is in place yet. In the early days of the post-Cold War era, some talked about the unipolar moment as the United States dominated the world with its unrivalled economic and military power.

Beyonce, Gaga join call to tackle female poverty

Beyonce Knowles and Lady Gaga are among 36 prominent women who have signed a petition calling March 8 on the G7 and the African Union to tackle female poverty.
The US singers were joined by actresses Meryl Streep, Charlize Theron, Rosamund Pike and Rita Wilson in signing the letter, issued on International Women's Day.