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Yemen’s Leader Authorizes Power Transfer Talks

Posted September 12th, 2011 at 11:32 am (UTC-5)
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Yemen’s President Ali Abdullah Saleh has authorized his deputy to begin talks with the opposition in an effort to put an end to a months-long political crisis. The state news agency SABA said Monday Mr. Saleh has given Vice President Abed Rabbo Mansour Hadi the necessary constitutional authority to sign off on a Gulf Cooperation […]

Tags: Posted in Middle East

Obama Urges Congress to Pass Jobs Bill

Posted September 12th, 2011 at 11:31 am (UTC-5)
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U.S. President Barack Obama is urging Congress to pass his $447 billion proposal aimed at creating jobs and averting fears of another recession in the world’s biggest economy. At the White House, the president said he is sending the legislation to Congress Monday and that lawmakers should pass it immediately — without delay or politics. […]

Tags: , , , Posted in Economy, US

Britain, Russia State Differences, Sign Business Deals

Posted September 12th, 2011 at 11:30 am (UTC-5)
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Russian President Dmitry Medvedev has flatly refused to extradite a Russian suspect wanted by Britain in the polonium poisoning in London of a former Moscow agent, tarnishing British Prime Minister David Cameron’s first visit to Moscow. Mr. Cameron’s trip is the first visit by a British leader to Russia in six years, and was expected […]

Tags: , , , Posted in Europe

Nuclear Power Tops France’s Energy Production

Posted September 12th, 2011 at 11:20 am (UTC-5)
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France launched its large-scale nuclear program in the 1970s, fueled by the Middle East oil crisis that saw a monumental jump in oil prices. France has very few natural energy resources. It has no oil or gas, and its coal resources are very poor and virtually exhausted, making nuclear power an attractive alternative to energy […]

Tags: , , , Posted in Europe

World Markets Tumble on Greek Default Fears

Posted September 12th, 2011 at 11:02 am (UTC-5)
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World stock markets and the value of the euro plunged Monday as investors worried that Greece would not be able to pay back its bailout loans. European shares hit their lowest point in more than two years, with exchanges in London, Paris and Frankfurt all falling sharply. German Economy Minister Philipp Roesler said Europe could […]

Tags: , , , Posted in Asia, Economy, Europe, US

Ukraine Judge Delays Tymoshenko Trial

Posted September 12th, 2011 at 10:57 am (UTC-5)
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A Ukrainian judge has suspended the trial of former prime minister and opposition leader Yulia Tymoshenko for two weeks. Judge Rodion Kireyev decided Monday to postpone the trial until September 27 to guarantee the rights of the defense and provide extra time. Ms. Tymoshenko says the suspension shows that the case against her “has fallen […]

Tags: , Posted in Europe

Heavy Flooding Kills Hundreds in Pakistan, India

Posted September 12th, 2011 at 10:57 am (UTC-5)
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Seasonal rains and flooding have killed more than 200 people and made thousands more homeless in Pakistan and eastern India. Zafar Qadir, the head of Pakistan’s disaster management authority, said Monday that at least 200 people have been killed and more than five million affected by monsoon rains in his country. The flooding has inundated […]

Tags: , , Posted in South Asia

Gadhafi Forces Attack Oil Refinery Guards in Coastal City

Posted September 12th, 2011 at 10:55 am (UTC-5)
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Fighters with Libya’s National Transitional Council say forces loyal to former Libyan leader Moammar Gadhafi have killed at least 15 guards in an attack outside a key oil refinery in the coastal city of Ras Lanuf. Provisional authority forces say pro-Gadhafi fighters approached the refinery in a column of vehicles early Monday, attacking the guards […]

Tags: , , Posted in Middle East

Singapore Holding 3 Terror Suspects

Posted September 12th, 2011 at 10:51 am (UTC-5)
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Singapore says it is holding three suspected Islamist militants under the city-state’s tough security provisions, including one described as having undergone terrorist training with al-Qaida in Afghanistan. A statement Monday by the Ministry of Home Affairs said the suspects were arrested in other jurisdictions in recent months and later jailed in Singapore under provisions of […]

Obama Urging Congress to Pass Jobs Bill

Posted September 12th, 2011 at 10:45 am (UTC-5)
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U.S. President Barack Obama is urging Congress to pass his recently announced $447 billion proposal aimed at creating jobs and averting fears of a second recession in the world’s biggest economy. The president is speaking Monday morning at the White House, where he is calling on lawmakers to pass the “American Jobs Act.” He is […]

Tags: , , , Posted in Economy, US