Iranians celebrate, Obama hails 'historic' nuclear framework

(Reuters) - Iranians celebrated in the streets after negotiators reached a framework for a nuclear accord and U.S. President Barack Obama hailed an "historic understanding", but senior global diplomats cautioned that hard work lies ahead to strike a final deal.

German business '100 percent behind sanctions' if Putin doesn't help

(Reuters) - A German business leader who has previously warned against economic sanctions on Russia has come out in support of tougher action if President Vladimir Putin fails to cooperate on stabilizing the situation in Ukraine.

IMF sees Ukraine's economy shrinking faster than feared

Kiev (AFP) - The International Monetary Fund warned Friday that the pro-Russia uprising engulfing Ukraine's vital industrial east had dealt a "notable" blow that would shrink its economy faster than feared.