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Warnings over future of eurozoneThe eurozone is heading towards a break up unless there are moves towards much closer political and fiscal union, according to chief economist with State Street Global Advisers, Chris Probyn.
Bruton defends corporate tax rateIreland will be able to maintain its current corporation tax code in the face of international pressure to prevent multinational corporations avoid paying their fare share of tax, Minister for Jobs, Enterprise and Innovation, Richard Bruton said yesterday.
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Today's stories
UN helicopters attack Congo rebels
UN attack helicopters targeted M23 rebels in eastern Congo after fighting resumed following a months long lull in violence, a local official said.Two army officers and 151 rebels were killed in a battle beginning on Thursday that the UN called the worst clash between the M23 group and the military since July.
Attack helicopters for the UN mission in Congo, known as Monusco, had been on standby.
“Monusco helicopters this morning bombarded the M23 positions in the city of Kibumba,” said North Kivu governor Julien Paluku.
He said the Congolese army had earlier retreated from Kibumba, which is 19 miles north of Goma, after thousands of Rwandans, who he says were backing the rebels, attacked early Saturday.
“The fighting was very violent between the Congolese military and the M23 rebels backed by the Rwandan army,” he said.
“Rwandan forces bombarded our positions in Kibumba since early this morning and an estimated 3,500 crossed the border to attack us.”
Reports by United Nations experts have accused Rwanda and Uganda of supporting the rebels. Both countries strongly deny any involvement and Uganda said if the charges continue it will pull its peacekeeping troops out of Somalia, where they are playing an important role in pushing out the Islamist extremist rebels.