Cyprus's parliament is to vote Tuesday on an extremely unpopular proposal to tax bank deposits to fund a eurozone bailout designed to avoid bankruptcy. Asian markets tumbled on Monday amid fears of a resurgence in the eurozone debt crisis.
The president of Cyprus Nicos Anastasiades said in a televised address on Sunday that the controversial bank levy being imposed as part of an EU bailout deal is the "least painful" option available under the circumstances.
Pope Francis appeared in a window above St Peter's Square at noon on Sunday to give his first Angelus prayer and address since his election as the new pontiff earlier this week.
Cyprus on Sunday postponed a planned emergency meeting to decide on a controversial bailout deal for the country's banks to stave off bankruptcy. President Nicos Anastasiades plans to brief MPs and address the nation on Monday.
Pope Francis on Saturday told journalists he wanted the Catholic Church to be 'a poor Church for the poor', explaining he chose his papal name because St Francis of Assisi was a man of poverty, austerity and peace.
Eurozone ministers struck a 10 billion euro bailout deal on Saturday with cash-strapped Cyprus to save the country from bankruptcy. In return, Cyprus is being asked to trim its deficit, shrink its banking sector and increase taxes.
Many Catholics hope that the surprise election of Pope Francis will bring fresh air to a Church weary with scandals. But the new pontiff lands in Rome with hints of troubling baggage: claims he failed to stand up to Argentina’s military dictatorship.
In an interview in Paris, London Mayor Boris Johnson - known for "French bashing" - praised France and Margaret Thatcher, criticised Europe, and referenced a cartoon about an inventor and his dog to describe his relationship with PM David Cameron.
Traces of pork have been found in a sample of halal chicken sausages that were served to students at schools and nurseries in the British capital London, the Westminster City Council said in a statement on Thursday.
To all appearances, the Catholic Church's new Pope Francis is a humble man with simple tastes. Which begs the question, how will he manage the Vatican's considerable wealth?