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Coca Cola Returning to Burma After 60 Years

Posted June 14th, 2012 at 9:10 pm (UTC-5)
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Burmese consumers will soon be able to enjoy a bottle of “the real thing.” Coca-Cola announced Thursday that it is ready to start doing business in Burma for the first time in more than 60 years. The company said it is waiting for the U.S. government to grant a general license to allow American businesses […]

Tags: , , Posted in East Asia Pacific, Economy, US

US Recalls South Korean Shellfish, Suspects Human Waste Contamination

Posted June 14th, 2012 at 7:50 pm (UTC-5)
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U.S. federal regulators are urging food handlers to remove South Korean oysters, clams, mussels and scallops from the market because the shellfish may have been exposed to human waste. The Food and Drug Administration said Thursday the affected products could be contaminated with norovirus, which causes nausea, cramps, diarrhea and fever. The recall includes fresh […]

European Leaders Discuss Economic Crisis Ahead of Greek Vote

Posted June 14th, 2012 at 7:20 pm (UTC-5)
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French President Francois Hollande and Italian Prime Minister Mario Monti have agreed that budget discipline must not be allowed to hamper economic growth. The two leaders met Thursday in Rome for talks ahead of national elections in Greece Sunday and a summit of 20 economic powers next week in Mexico. They called for a unified […]

Tags: , , Posted in Economy, Europe

US Unveils New Strategy for Sub-Saharan Africa

Posted June 14th, 2012 at 6:50 pm (UTC-5)
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The United States has announced a new strategy toward sub-Saharan Africa to improve democracy, economic growth, security and trade in the region. A White House statement issued Thursday said the plan takes a “proactive and forward-looking” approach toward Africa, one that is grounded in partnership. The policy directive aims to advance African democracy by strengthening […]

Tags: , , , , Posted in Africa

Death Toll in Burma’s Sectarian Violence Reaches 28

Posted June 14th, 2012 at 5:55 pm (UTC-5)
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Burmese officials say the latest outbreak of sectarian violence between Buddhists and Muslims in western Rakhine state has claimed 28 lives, as a top U.N. envoy ended his visit to the conflict stricken region and stressed the importance of handling the situation delicately. The officials say violence between ethnic Rahkines and ethnic Rohingyas has caused […]

Tags: , , , , Posted in East Asia Pacific

Court Ruling Casts Cloud of Confusion over Egypt

Posted June 14th, 2012 at 4:55 pm (UTC-5)
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Tempers flared and protesters took to the streets after Egypt’s constitutional court issued twin rulings effectively dissolving the Islamist-led parliament and allowing former officials to run for office just days ahead of a presidential run-off election. Egypt’s Supreme Constitutional Court ruled Thursday that one-third of the Egyptian legislature was elected illegally, making the entire parliament […]

Tags: , , , , Posted in Middle East

Aung San Suu Kyi Falls Ill During Swiss News Conference

Posted June 14th, 2012 at 4:55 pm (UTC-5)
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Burmese opposition leader Aung San Suu Kyi fell ill during a news conference in the Swiss capital, Bern, late Thursday, shortly after saying how exhausted she was after her long trip from Asia to Europe. After getting a rock star welcome in Geneva, where she gave a speech to the International Labor Organization conference, the […]

Tags: , , , , Posted in East Asia Pacific

Obama, Romney Spar on Economy in Battleground State of Ohio

Posted June 14th, 2012 at 2:50 pm (UTC-5)
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U.S. President Barack Obama said Thursday that the 2012 presidential election is about creating middle class jobs, while Mitt Romney, the likely Republican nominee, criticized the president for failing to revive the sluggish U.S. economy. The two men delivered major speeches on the economy in the battleground state of Ohio. Mr. Obama, speaking at a […]

Tags: , , , , Posted in Economy, US

Court Ruling Casts Cloud of Confusion over Egypt

Posted June 14th, 2012 at 1:55 pm (UTC-5)
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Tempers flared and protesters took to the streets after Egypt’s constitutional court issued twin rulings, sparking confusion just days ahead of a presidential run-off election. Egypt’s Supreme Constitutional Court Thursday rejected a parliamentary law that barred officials from the rule of former president Hosni Mubarak from running for office, clearing the way for former prime […]

Tags: , , , , Posted in Middle East

US Extends Sanctions on Belarus

Posted June 14th, 2012 at 1:00 pm (UTC-5)
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U.S. President Barack Obama has extended sanctions on Belarus for what he said are the Minsk government’s continued actions and policies to undermine the development of democratic governance in the country. In a letter Thursday to the speaker of the U.S. House of Representatives, Mr. Obama said the government of Belarus in 2011 continued its […]

Tags: , Posted in Europe