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Bank of Kapan Keeps Key Interest Rate at Zero

Posted November 16th, 2011 at 10:40 pm (UTC-5)
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Japan’s central bank has kept its key interest rate at virtually zero in a widely expected decision. Bank of Japan Governor Masaaki Shirakawa said Wednesday the bank’s policy board members voted unanimously to maintain the short-term interest rate at 0 to 0.1 percent. He spoke to reporters after the policy board’s two-day meeting. The Bank […]

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Iran Says it Supports Arab Spring

Posted November 16th, 2011 at 9:45 pm (UTC-5)
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A senior Iranian official said Wednesday the government in Tehran has been supporting the movements for democracy in the Middle East “since day one” when the uprising began in Tunisia. Javad Larijani, who heads Iran’s Human Rights Council and serves as a top advisor to Supreme Leader Ayatollah Khamenei, described the Arab Spring as a […]

Tags: , , Posted in Middle East

More Occupy Wall Streets Protests Expected in NY, Elsewhere

Posted November 16th, 2011 at 9:30 pm (UTC-5)
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Occupy Wall Street protesters are expected to hold rallies in New York City and other parts of the United States Thursday, two months after the movement’s beginning in a Manhattan park. The protest began in Zuccotti Park on September 17 with a small group seeking to focus attention on what it considered to be corporate […]

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Kuwait Protesters Disrupt Parliament

Posted November 16th, 2011 at 9:10 pm (UTC-5)
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Dozens of Kuwaiti anti-government protesters on Wednesday forced their way into the country’s parliament and disrupted a debate about efforts to question Prime Minister Sheikh Nasser Mohammed al-Ahmad al-Sabah about corruption allegations. Local media said the protesters were among hundreds of people demonstrating outside parliament. Opposition lawmakers have sought to question the prime minister but […]

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Obama: Asia Pacific Is US Top Priority Region

Posted November 16th, 2011 at 9:00 pm (UTC-5)
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U. S. President Barack Obama says developments in the Asia-Pacific region will largely define the century ahead and that the U.S. presence there is his administration’s top priority. President Obama told Australian lawmakers Thursday that the United States is a Pacific power and will always be one. He said the region will have a role […]

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Saudis Push for UN Vote on Assassination Plot

Posted November 16th, 2011 at 8:25 pm (UTC-5)
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Saudi Arabia on Wednesday pressed for adoption of a U.N. General Assembly resolution condemning the alleged Iranian plot to kill its ambassador to the United States. Abdulmohsen Alyas, the Saudi U.N. mission’s spokesman said his delegation hoped for a vote Friday by the 193-nation assembly. The draft resolution, circulated by the Saudis and discussed with […]

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Obama: Asia Pacific Is US Top Priority Region

Posted November 16th, 2011 at 7:55 pm (UTC-5)
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U. S. President Barack Obama says developments in the Asia-Pacific region will largely define the century ahead and that the U.S. presence there is his administration’s top priority. President Obama told Australian lawmakers Thursday that the United States is a Pacific power and will always be one. He said the region will have a role […]

Tags: , , , Posted in East Asia Pacific

East Africa Leaders See ‘Historic’ Opportunity in Somalia

Posted November 16th, 2011 at 7:25 pm (UTC-5)
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Three East African leaders say the fight against al-Shabab militants presents a “historic opportunity” to restore peace and stability in Somalia. Kenya’s president Mwai Kibaki, Uganda’s Yoweri Museveni, and Somalia’s Sheikh Sharif Sheikh Ahmed met in Nairobi Wednesday. They say they are confident the Kenyan and Somali military action against the insurgents could end 20 […]

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Major Drug Tunnel Discovered Under US-Mexico Border

Posted November 16th, 2011 at 7:20 pm (UTC-5)
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U.S. authorities have uncovered a major drug smuggling tunnel under the border with Mexico and seized 14 tons of marijuana during searches related to an investigation. Officials say the cross-border tunnel was about 400 meters long and connected warehouses in Tijuana, Mexico and in an industrial park in the San Diego, California area. The investigators […]

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Major Drug Tunnel Under US-Mexico Border Discovered

Posted November 16th, 2011 at 6:35 pm (UTC-5)
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U.S. authorities have uncovered a major drug smuggling tunnel under the border with Mexico and seized 14 tons of marijuana in the passageway. Officials say the cross-border tunnel connected warehouses in Tijuana, Mexico and in an industrial park in the San Diego, California area. The investigators also say the tunnel, which was discovered Tuesday, contained […]

Tags: , , Posted in US