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Iran liquidity ‘tsunami’ poses a dilemma

ECONOMY

Iran liquidity ‘tsunami’ poses a dilemma

Governor of the Central Bank of Iran Valiollah Seif says liquidity growth is in check but some economists warn of a “tsunami” of cash which is inundating the market.

UK PM warns Europe over EU exit

POLITICS

UK PM warns Europe over EU exit

British Prime Minister David Cameron is touring Europe to get EU reform for the UK, or else Britons will vote to leave, he warns.

Kiev rejects Donbas talks before polls

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Kiev rejects Donbas talks before polls

The Ukrainian president says Kiev will only hold talks with the leaders of Donetsk and Luhansk only after local elections in the two regions.

'Gay cake' verdict angers bakery owner

SOCIETY

'Gay cake' verdict angers bakery owner

Christian family who refused to make a pro-gay marriage cake because of their religious beliefs, have said they will appeal court decision made against them.

Plight of ISIL's female recruits

HUMAN RIGHTS

Plight of ISIL's female recruits

British women travelling to Syria to embrace a new life with the ISIL terrorist group end up “domestically isolated in severe conditions”, according to a new study.

UK economy contracted in Q1

ECONOMY

UK economy contracted in Q1

Britain seems losing growth stream as the latest official data shows the economy faced a sharp decline in the first quarter of 2015.