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Amman, Dhu-AlHijjah 27, 1435, Oct 21, 2014, SPA -- Chairman of Jordan's Joint Chiefs of Staff Lieutenant General Mashal Al-Zaben met here today with Director of Exercises and Training at the...

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Berlin, Ramadan 23, 1432, Aug 23, 2011, SPA -- A leading member of Chancellor Angela Merkel's
government called Tuesday for cash-strapped eurozone members to use
their gold reserves as collateral for any future bailouts, according to dpa.

Labour Minister Ursula von der Leyen said in the future that money
from the European Union-led rescue fund should only be paid out when
the states receiving the assistance provided collateral.

Von der Leyen believes that the gold reserves and industrial
holdings held by many nations could be used as collateral for loans,
according to information from German public television.

The Labour Minister, who is a vice president of Merkel's
conservative Christian Democrats (CDU), is also member of a special
new CDU party commission set up to review the debt crisis gripping
parts of the 17-state eurozone.

The commission was established following conflict within the ranks
of the CDU over how to deal with the financial problems facing
members of the currency bloc.

Von der Leyen's comments also came amid signs of fresh tensions
among eurozone members over the 109-billion-euro second rescue
package for Greece, which is due to be pieced together next month.

About five eurozone states, led by Finland, have been calling for
Greece to provide collateral before agreeing to the second bailout
out.

The price of gold has surged this year amid a flight to safety by
investors unnerved by the turmoil in share markets, which has been at
least in part triggered by the eurozone debt crisis.

Gold climbed to a record high Tuesday, when it breached the key
1,900-dollar an ounce mark.

--SPA
18:01 LOCAL TIME 15:01 GMT
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Amman, Dhu-AlHijjah 27, 1435, Oct 21, 2014, SPA -- Chairman of Jordan's Joint Chiefs of Staff Lieutenant General Mashal Al-Zaben met here today with Director of Exercises and Training at the U.S. Central Command Maj. Gen. Rick Mattson. The two military officials reviewed preparations related...
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Sana'a, Dhu-AlHijjah 27, 1435, Oct 21, 2014, SPA -- Yemeni Deputy Foreign Minister Amir Salem Al-Aidaroos met here today with Mohamed Diab, Director of World Food Programme Regional Bureau for the Middle East, North Africa, Central Asia and Eastern Europe. During the meeting, they...
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Sana'a, Dhu-AlHijjah 27, 1435, October 21, 2014, SPA -- Yemeni President Abed Rabbo Mansour Hadi met here today with Russian Ambassador to Yemen Vladimir Didohchin. During the meeting, they discussed aspects of cooperation between the two countries,...
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Riyadh, Dhu-AlHijjah 27, 1435, October 21, 2014, SPA -- Prince Abdullah bin Abdulaziz bin Musaed, General President of Youth Welfare, received here today U.S Ambassador the Kingdom of Saudi Arabia, Joseph W. Westphal. During the meeting, they stressed on the deep ties between...
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Beirut, Dhu-AlHijjah 27, 1435, October 21, 2014, SPA -- Lebanese Army Commander Jean Kahwaji met here today with British Chief of Defence Staff Gen. Nicholas Houghton, in the presence of British Ambassador to Lebanon, Tom Fletcher. During the meeting, they discussed cooperation relations between...
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