British Labour leadership candidate Jeremy Corbyn speaks outside the Tyne Theatre and Opera House, Newcastle, during his campaign. Photograph: Owen Humphreys/PA

Tony Blair, in a last-ditch attempt to dissuade Labour from backing Jeremy Corbyn, introduced an interesting proposition: that Corbyn, together with S(...)

Alexis Tsipras, who has resigned as Greek prime minister, with new caretaker prime minister Vassiliki Thanou. Photograph: Stoyan Nenov

Former Greek prime minister Alexis Tsipras’s leftist Syriza party will emerge as the biggest party in next month’s election but without the majority (...)

Former Greek finance minister Yanis Varoufakis: the  combative academic was sacked as finance minister last month after alienating euro zone counterparts with his lecturing style and divisive words. File photograph: Jean-Philippe Ksiazek/AFP/Getty Images

Yanis Varoufakis will not take part in “sad” elections expected next month in Greece and will instead focus on setting up a new movement to “restore d(...)

Greek prime minister Alexis Tsipras resigned  on Thursday night in a calculated gamble to  rid himself of his party’s left flank. Photograph: Kostas Tsironis/Bloomberg 1:16

It’s mid-August. In any normal Greek summer, political life would have ground to a halt, politicians, the journalists who hover around them and muc(...)

Wall Street: US crude was at a six-year low, on track for its eighth straight weekly decline.  Photograph:  Peter Morgan/Reuters

US and European shares suffered their worst one-day fall in nearly four years on Friday amid growing concerns over China’s economy hit world markets.(...)

Former Greek energy minister Panagiotis Lafazanis: to lead the Popular Unity group. Photograph: Christian Hartmann/Reuters 1:16

Rebels opposed to Greece’s international bailout walked out of the leftist Syriza party on Friday, formalising a split after its leader Alexis Tsipras(...)

Government officials have said he will now consider his next steps, which may include fresh elections as early as September. (Photograph: Kostas Tsironis/Bloomberg)

A senior European Union official said on Friday that a snap election called by Greek Prime Minister Alexis Tsipras within hours of new EU bailout cas(...)

Ryanair declined 1.9 per cent to €12.51.  Photograph: Josep Lago/AFP/Getty Images

Another day of losses for European stocks was prompted by concerns global growth is weakening and by uncertainty about the timing of an increase in US(...)

Alexis Tsipras will be confronted by a ‘patriotic front’ of Syriza rebels. Photograph: AFP/Getty Images 1:16

Greek voters are likely to return to the polls next month for the third time this year following the decision by prime minister Alexis Tsipras to r(...)

Greek prime minister Alexis Tsipras is due to meet senior advisers  to discuss whether to call early elections. Photograph: Stoyan Nenov/Reuters

By calling his country’s second general election this year for next month, Greek prime minister Alexis Tsipras is hoping to succeed in his second m(...)