The Wall Street Journal reports, European Union leaders Friday signed the region’s new fiscal pact, adopting strict new rules on deficits and debts, even as some members warned a tougher economic environment is challenging their fiscal commitments. Heading into a meeting of EU leaders Friday, German Chancellor Angela Merkel said the fiscal pact represented a milestone for the EU and was necessary for stability and growth in the region.
The Wall Street Journal also reports, AT&T pulled the plug on its “all-you-can-eat plan” for smartphone customers, telling subscribers they will see much slower speeds, if they exceed a new monthly usage cap. The new limit, which applies to some 17 million subscribers, means users of the No. 2 U.S. carrier, have little choice but to start paying more as they download more video, stream more music and use more apps.
Reuters reports, Verbal sparring between the United States and Russia has taken on an ugly tone lately, and Vladimir Putin’s determination to reclaim the Kremlin in a presidential election on Sunday, does not augur well for a fresh start with Washington. In one recent U.S.-Russian spat, U.S. Secretary of State Hillary Clinton called “despicable” the Russian veto of a U.N. resolution, backing an Arab League plan for transition of power in Syria, where President Bashar al-Assad’s forces, have brutally attacked demonstrators. Russian Foreign Minister Sergei Lavrov responded that the Western criticism of the veto verged on “hysteria.” The warming trend under President Barack Obama’s “reset” policy with Moscow, cooled markedly in December after Clinton asserted, that Russian parliamentary elections were neither fair nor free, drawing accusations from Putin that she had instigated street protests in Russia.
The Wall Street Journal reports, European Union leaders Friday signed the region’s new fiscal pact, adopting strict new rules on deficits and debts, even as some members warned a tougher economic environment is challenging their fiscal commitments. Heading into a meeting of EU leaders Friday, German Chancellor Angela Merkel said the fiscal pact represented a milestone for the EU and was necessary for stability and growth in the region.
The Wall Street Journal also reports, AT&T pulled the plug on its “all-you-can-eat plan” for smartphone customers, telling subscribers they will see much slower speeds, if they exceed a new monthly usage cap. The new limit, which applies to some 17 million subscribers, means users of the No. 2 U.S. carrier, have little choice but to start paying more as they download more video, stream more music and use more apps.
Reuters reports, Verbal sparring between the United States and Russia has taken on an ugly tone lately, and Vladimir Putin’s determination to reclaim the Kremlin in a presidential election on Sunday, does not augur well for a fresh start with Washington. In one recent U.S.-Russian spat, U.S. Secretary of State Hillary Clinton called “despicable” the Russian veto of a U.N. resolution, backing an Arab League plan for transition of power in Syria, where President Bashar al-Assad’s forces, have brutally attacked demonstrators. Russian Foreign Minister Sergei Lavrov responded that the Western criticism of the veto verged on “hysteria.” The warming trend under President Barack Obama’s “reset” policy with Moscow, cooled markedly in December after Clinton asserted, that Russian parliamentary elections were neither fair nor free, drawing accusations from Putin that she had instigated street protests in Russia.