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Showing posts from June, 2015

China’s Former Security Chief Zhou Yongkang Sentenced to Life in Prison

Jump media player Media player help Out of media player. Press enter to return or tab to continue. Media caption Zhou Yongkang is the most senior Chinese politician to be put on trial for corruption China's ex-security chief Zhou Yongkang has been jailed for life - the most senior politician to face corruption charges under Communist rule. He was found guilty of bribery, abuse of power and "intentionally disclosing national secrets", China's official Xinhua news agency reports. Until his retirement in 2012, Zhou was one of China's most powerful men. He was put under investigation one year later as part of President Xi Jinping's major anti-corruption campaign. State TV showed a clip of Zhou, 72, pleading guilty at a closed-door trial in the northern city of Tianjin. When responding to the judge, he said he would not launch an appeal. "I've realised the harm I've caused to the party and the people. I plead guilty and I regret my crimes," he sa...

IMF Halts Its Bailout Talks With Greece Amid Lack of Progress There are still major differences between creditors, Greece in most key areas

There are still major differences between creditors, Greece in most key areas By   IAN TALLEY  and   GABRIELE STEINHAUSER Updated June 11, 2015 12:28 p.m. ET The International Monetary Fund said it was halting bailout talks with Greece in a stark signal of its exasperation about a lack of progress toward a deal needed to avert a Greek default, as European leaders suggested negotiations were nearing their endgame.