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Finland Obstacle in Path of New Greek Bailout

Posted August 30th, 2011 at 10:45 am (UTC-5)
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Finland has thrown an obstacle in the path of Greece’s new $158 billion international bailout, demanding that it get collateral from Athens to secure its investment in the deal. Barely a month ago, the 17 nations that use the common euro currency agreed to Greece’s second round of financial assistance in two years to help […]

Tags: , , , Posted in Economy

One Dead in Denmark Mosque Shooting

Posted August 30th, 2011 at 10:35 am (UTC-5)
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One person has been killed and at least one other wounded in a shooting outside of a mosque in the Danish capital, Copenhagen, following prayers by Pakistani worshippers to end the Muslim holy month of Ramadan. A police spokesman said Tuesday the shooting took place outside the Muslim Culture Institute, located in the capital’s western […]

Tags: , Posted in Europe

Bangladesh, India to Swap Land Parcels

Posted August 30th, 2011 at 10:25 am (UTC-5)
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Bangladesh and India are set to swap more than 150 parcels of land that lie in each other’s territory. Officials say the two sides plan to formalize the land exchange during a visit by Indian Prime Minister Manmohan Singh to Bangladesh next week. India has 111 enclaves within Bangladesh totaling close to 7,000 hectares of […]

Tags: , Posted in South Asia

Rights Groups Say Banks Enabling Trade in Blood Diamonds

Posted August 30th, 2011 at 10:20 am (UTC-5)
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Human rights groups want some major banks to reevaluate their ties to banks in Zimbabwe, saying the relationships indirectly support the trade in so-called “blood diamonds.” Partnership Africa Canada says the banks, including Britain’s Barclays and South Africa’s Standard Bank, are not involved in the Zimbabwe diamond trade. But the group’s research director says they […]

Tags: , Posted in Africa

Libya’s Rebels Give 4-Day Ultimatum to Gadhafi Forces

Posted August 30th, 2011 at 10:05 am (UTC-5)
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Libya’s opposition Transitional National Council has announced a four-day deadline for forces loyal to Moammar Gadhafi in his hometown of Sirte to surrender. TNC leader Mustafa Abdel Jalil said Tuesday in the rebel-stronghold of Benghazi that rebels will resort to military action in Sirte if they get no indication by Saturday of a peaceful end […]

Tags: , , Posted in Middle East

US Northeast Communities Cut Off by Floods, Millions Still Without Power

Posted August 30th, 2011 at 10:00 am (UTC-5)
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Entire communities in the U.S. Northeast are still cut off by floodwaters Tuesday, while millions of people remain without power across the East Coast in the aftermath of Hurricane Irene. Inland areas in the states of Vermont and New York suffered the worst impacts of the storm, with streams and rivers bursting their banks and […]

Tags: , , , Posted in Americas

Finland Obstacle in Path of New Greek Bailout

Posted August 30th, 2011 at 10:00 am (UTC-5)
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Finland has thrown an obstacle in the path of Greece’s new $158 billion international bailout, demanding that it get collateral from Athens to secure its investment in the deal. Barely a month ago, the 17 nations that use the common euro currency agreed to Greece’s second round of financial assistance in two years to help […]

Tags: , Posted in Economy

At Least 7 Killed in Syria Protests

Posted August 30th, 2011 at 9:55 am (UTC-5)
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Syrian forces have killed seven people after opening fire on protesters on the first day of the Muslim holiday that marks the end of Ramadan. Activists say the deadly crackdown on dissent Tuesday came after thousands of people poured on to streets across Syria with renewed calls for President Bashar al-Assad’s departure. The Local Coordination […]

Tags: , , Posted in Middle East

US Stocks Decline

Posted August 30th, 2011 at 9:55 am (UTC-5)
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U.S. stock market indexes declined in Tuesday’s early trading. The Dow Jones Industrial Average and the NASDAQ lost three-tenths of a percent, while the S&P 500 fell four-tenths of a percent European stock markets were mixed in afternoon trading. London’s Financial Times 100 index gained 1.9 percent, the CAC-40 in Paris was essentially unchanged, and […]

Tags: , , , Posted in Economy

Afghan President Releases Would-Be Child Suicide Bombers

Posted August 30th, 2011 at 9:55 am (UTC-5)
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Afghan President Hamid Karzai has released eight children groomed by Taliban insurgents to become suicide bombers. Mr. Karzai greeted the group of boys, including a seven-year-old, during a ceremony at the presidential palace Tuesday. The president said five of the children would be released to their parents, while authorities search for homes for another two. […]

Tags: , Posted in South Asia