Germany approves Greek bailout extension despite unease

People carry a banner reading 'out of EU' and 'cancel the debt' during a demonstration in Athens on February 26, 2015German lawmakers approved a hard-won bailout extension for Greece's new anti-austerity government in a move Berlin's finance chief called "not easy" but necessary, keeping a crucial lifeline open to Athens. Greece's left-wing Prime Minister Alexis Tsipras welcomed the German vote Friday as "a political act of common sense and democracy", saying there would be no third bailout for his country and pledging to get to work on reforms. He promised that now his month-old government would "start working hard, in order to change Greece within a Europe that changes direction". The four-month bailout extension for Greece, approved by eurozone finance ministers Tuesday, averts a potentially calamitous end-February deadline that could have seen Athens default and exit from the euro.



India unveils budget under pressure to deliver reforms

Prime Minister Narendra Modi swept to power last year on a pledge to revive India's flagging economic fortunes and provide much-needed jobs for its rapidly growing population of over 1.2 billionPrime Minister Narendra Modi's right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy. Modi swept to power last year on a pledge to revive India's flagging economic fortunes and provide jobs for its rapidly growing population of over 1.2 billion. On Friday, his government forecast India's growth would exceed eight percent in the next financial year, leaping from around five percent for the past two years and overtaking China to become the world's fastest-growing major economy. This "gives an opportunity to the increasingly young, middle-class and aspirational India to realise its full potential," the government said in a statement on the India Economic Survey, an annual report prepared by the finance ministry.



Cavaliers lose to Pacers without James, Irving

Cleveland Cavaliers' LeBron James, front, drives past Golden State Warriors’ David Lee during the second quarter of an NBA basketball game Thursday, Feb. 26, 2015, in Cleveland. (AP Photo/Tony Dejak)INDIANAPOLIS (AP) — LeBron James couldn't carry the Cavaliers on his sore back Friday night.



Perry's tiebreaker propels Anaheim Ducks past LA Kings 4-2

Los Angeles Kings' Jarret Stoll, right, collides with Anaheim Ducks' Corey Perry, top center, during the second period of an NHL hockey game, Friday, Feb. 27, 2015, in Anaheim, Calif. (AP Photo/Jae C. Hong)ANAHEIM, Calif. (AP) — Corey Perry scored the tiebreaking goal with 8:39 to play, and the Anaheim Ducks furiously rallied from a two-goal deficit in the third period for a 4-2 victory over the Los Angeles Kings in the Freeway Faceoff on Friday night.



Russian opposition leader Nemtsov shot dead near Kremlin

Russian police investigators stand near the body of Russian opposition leader Boris Nemtsov, covered with plastic, on Bolshoi Moskvoretsky bridge near St. Basil cathedral in central Moscow, February 28, 2015Russian opposition leader Boris Nemtsov, a fierce critic of President Vladimir Putin, was gunned down while walking in sight of the Kremlin late Friday, prompting an international chorus of condemnation. The murder of the 55-year-old politician, an outspoken critic of Russia's involvement in Ukraine, came ahead of a major opposition rally he was set to lead this weekend and sent shock waves across the country. US President Barack Obama led condemnation of the "brutal" and "vicious murder" of Nemtsov, whom he had met on a visit to Moscow, and called on Russia to conduct an impartial probe of the killing.





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