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Wednesday, October 31, 2012

Daily Bulletin | 31.10.2012, 19:30 UTC

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News
United States
Sandy's effects linger on coast as storm moves on
The east coast of the US has begun recovering from the superstorm Sandy, but people further inland are still bearing the brunt.
European Ties
Turkey calls for German aid in Syrian refugee crisis
During talks with German Chancellor Angela Merkel, Turkish Prime Minister Recep Tayyip Erdogan called for Germany help with its Syrian refugee crisis. The two leaders also discussed Turkey's accession to the EU.
Syria
UN envoy calls on China to help end Syria crisis
UN-Arab League envoy Lakhdar Brahimi has called on China to play an active role in ending the civil war in Syria. Meanwhile, government warplanes continue to bomb the suburbs of Damascus.
France
Hollande weighs in on Iran, Palestinians
French President Francois Hollande has hosted Israeli Prime Minister Benjamin Netanyahu in Paris, where the two leaders discussed a nuclear-armed Iran and stalled peace talks with Palestinians.
Drugs
UN: Rise of production, use of opiates in Asia
High demand for drugs has lead to an increase of opium production in Southeast Asia, the UN has announced, adding more and more farmers are turning toward cultivation.
Corruption
Italy clamps down on corruption to lure investment
Italy has passed an anti-corruption law deemed necessary by Mario Monti's government to attract investment. Last year, Italy ranked 69th in a corruption perception index by the Berlin-based Transparency International.
World
Greece
Greek economic forecasts worse than expected
Greece's economic crisis is worse than previously thought, with both the recession and public deficit deeper than originally forecast. Athens is currently trying to meet austerity targets in order to receive more aid.
Business
Taxes
Germany expects record 2012 tax revenues
A panel of fiscal experts has said Germany looks set to secure a record amount in tax revenues this year, billions of euros (dollars) more than originally expected. The windfall is the result of a stable labor market.
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